About This Home

This 4-bedroom, 2-bathroom multi-family at 12811 Austin Avenue in Cleveland, OH is listed for $124,900. Built in 1921, on a 0.07 acres lot.

Key Features

  • Built in 1921
  • 0.07 acre lot
  • 3 stories

Property Details

3 stories
2 full
2-car garage
1921

Amenities

A/C
Listing Description

Fully occupied two-family property featuring a total of 4 bedrooms and 2 bathrooms. Both units are rented to long-term, reliable tenants on month-to-month leases, providing immediate cash flow with room to increase rental income (current medium value $1,140, market potential up to $1,813).

Located in a stable rental area, this property offers tons of opportunity for investors seeking to expand their portfolio with a proven income-producing asset. Hot water tank is 4 years old and the furnace is 7 years old. The rood was replaced 3 years ago. Strong rental demand and flexible lease terms make this a smart buy-and-hold or value-add opportunity!

Monthly Cost Estimate

$668/mo

20% down · 6.5% · 30 years

Principal$90
Interest$541
Insurance$36

Estimates only. Actual payments may vary.

Location

12811 Austin Avenue

Cleveland, OH 44108

Euclid View Allotment

Property Details

Construction

Asphalt

Parking

Driveway

Heating

Forced Air

Cooling

Window Unit(s)

Questions & Answers

This 4-bedroom, 2-bathroom multi-family at 12811 Austin Avenue is listed at $124,900. The estimated monthly payment is $668 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1921, 0.07 acre lot, 3 stories.

This property is listed by Vernard Jones.

VJ

Vernard Jones

License 2019004800

Agent at EXP Realty

Listed by EXP Realty · Broker phone: (866) 212-4991 · View on Broker Site · Broker website

MLS# 5241156· Source: MLS Now· 57 days on PropertySimple

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

12811 Austin Avenue, Cleveland, OH 44108

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