3 Beds
1 Bath
1,120 sqft
$115,000
12344 Ashbury Avenue, Cleveland OH, 44106
Price per sqft$102.68
Built in1900
Property size1,120 sqft
Property typeResidential
Overview
Active
Listed Oct 2, 2026
Updated 9 days ago
Attention investors! Positioned in a highly desirable Cleveland location near University Circle and Little Italy, this 3 bedroom, 1 bath Colonial offers investors an opportunity to add a solid rental property to their portfolio. The property features a functional layout with three bedrooms, providing strong appeal to long term tenants in an area supported by major institutions, employment centers, dining, shopping, entertainment and new development. Fresh paint and new floors throughout. A key investment advantage is the potential rental income. Based on current Section 8 rental guidelines, the property has potential monthly rental income of approximately $2,113 (20% ROI), providing an attractive opportunity for investors seeking strong rental demand and dependable cash flow. With its proximity to University Circle, Little Italy, hospitals, universities, museums, and other major Cleveland amenities, this property offers both location and income potential. Whether you’re expanding an existing portfolio or looking for your next rental acquisition, this Colonial presents an opportunity to capitalize on a desirable rental market with significant tenant demand. Schedule your walkthrough today!
$765/mo
Est. mortgage payment based on a $115,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 5247264
Interior Features
- Bedrooms
- 3
- Bathrooms
- 1
- Heating
- Yes
- Basement
- Yes
Exterior Features
- Lot Size
- 0.06 Acres
Other Property Details
- Taxes
- $579
- Tax Frequency
- Annually
Courtesy of RE/MAX Above & Beyond
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