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About This Home

This 3-bedroom, 2-bathroom single family at 12708 Dove Avenue in Cleveland, OH is listed for $149,900 ($120 per sqft). Built in 1927, the home offers 1,248 sqft of living space on a 0.11 acres lot.

Agent Description

Exceptional turn-key investment opportunity offering immediate and stable cash flow. This well-maintained 3-bedroom, 1.5-bath Colonial is currently rented for $1,650 per month with a tenant already in place through May 2027, allowing investors to step into a performing asset without the hassle, expense, or vacancy risk associated with tenant placement.

The property has been thoughtfully updated and maintained, featuring fresh interior paint, new carpeting, an updated garage, and a finished basement that enhances the overall functionality and appeal of the home. The spacious layout, combined with the finished lower level, provides attractive living space that helps support strong tenant retention and long-term rental demand.

Outside, the fully fenced backyard offers privacy and additional outdoor space, a desirable feature for tenants and families alike. Located in Cleveland's established rental market, this property presents an excellent opportunity for both new and seasoned investors seeking dependable income and minimal deferred maintenance.

With major cosmetic improvements already completed and a lease secured through 2027, investors can benefit from immediate revenue from day one while avoiding turnover costs in the near term. Whether you're looking to expand an existing portfolio, complete a 1031 exchange, or acquire a stable buy-and-hold asset, this property checks all the boxes: reliable cash flow, tenant stability, recent updates, and turn-key condition.

Opportunities to acquire a fully occupied, income-producing property with long-term tenancy already in place are becoming increasingly difficult to find. Add this performing asset to your portfolio and start collecting income immediately.

Key Features

  • Built in 1927
  • 0.11 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
1 full, 1 half
1927

Amenities

FireplaceA/C

Monthly Cost Estimate

$802/mo

20% down · 6.5% · 30 years

Principal$108
Interest$650
Insurance$44

Estimates only. Actual payments may vary.

Location

12708 Dove Avenue

Cleveland, OH 44105

Features & Amenities

Interior Features

BuiltInFeaturesCeilingFansPantryRecessedLightingSoakingTub

Exterior Features

BalconyPrivateYard

Property Details

Construction

AluminumSiding

Pool Features

Porch

Parking

GarageDriveway

Heating

Natural GasForced Air

Cooling

Attic Fan

Questions & Answers

This 3-bedroom, 2-bathroom single family at 12708 Dove Avenue is listed at $149,900 ($120/sqft). The estimated monthly payment is $650 based on 20% down at 6.5% interest.

Key features include: Built in 1927, 0.11 acre lot, 2 stories, Fireplace. Interior Features: BuiltInFeatures, CeilingFans, Pantry. Exterior Features: Balcony, PrivateYard.

This property is listed by Thomas N DiDonato and can be reached at 4405036728 or tom.didonato.realestate@gmail.com.

TD

Thomas N DiDonato

Agent at RE/MAX Above & Beyond

(440) 503-6728

Listed by RE/MAX Above & Beyond · View on Broker Site

MLS# 5214539· Source: listhub· Updated 3 days ago

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12708 Dove Avenue, Cleveland, OH 44105

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