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About This Home
This 5-bedroom, 2-bathroom residential multi family at 12008 Craven Avenue in Cleveland, OH is listed for $155,000 ($50 per sqft). Built in 1927, the home offers 3,100 sqft of living space on a 0.14 acres lot.
Spacious up/down duplex opportunity with major mechanical and infrastructure updates already completed. This property offers a 3-bedroom unit and a 2-bedroom unit for a total of 5 bedrooms and 2 full baths, making it a strong option for both investors and owner-occupants looking to build equity.
Significant recent improvements include: two new furnaces (2026), two new hot water tanks (2026), extensive plumbing updates throughout, fresh interior and exterior paint (2026), new LVP flooring and carpet (2026), and some new windows (2026). Per current CMHA payment standards, projected rents are approximately $1,559 for the 3-bedroom unit and $1,209 for the 2-bedroom unit, for a combined potential income of $2,768/month.
Conveniently located near schools, shopping, parks, and highway access. Ideal for an investor looking for upside or a homeowner looking to create long-term value. Owner is a licensed real estate agent in Oregon.
Key Features
- Built in 1927
- 0.14 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$829/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
12008 Craven Avenue
Cleveland, OH 44105
Peter & Caroline Rays
Features & Amenities
Interior Features
Exterior Features
Property Details
Construction
Parking
Heating
Questions & Answers
This 5-bedroom, 2-bathroom residential multi family at 12008 Craven Avenue is listed at $155,000 ($50/sqft). The estimated monthly payment is $672 based on 20% down at 6.5% interest.
Key features include: Built in 1927, 0.14 acre lot, 2 stories. Interior Features: BuiltInFeatures, CeilingFans, EatInKitchen. Exterior Features: Lighting, PrivateYard.
This property is listed by Mashume Akpo-Esambe and can be reached at 4408214826 or mashume86@gmail.com.
