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Simply Better Realty
12601 Signet Avenue, Cleveland, OH 44120
- $178,000
- 8
- BD
- 4
- BA
- Sold Price
- $178,000
- List Price
- $175,000
- Status
- CLOSED
- Days on Market
- 48
- Closing Date
- Dec 11, 2025
- MLS#
- 5167213
- Subtype
- Residential Income
- Year Built
- 1930
- Bedrooms
- 8
- Bathrooms
- 4
- Full Baths
- 4
- Acres
- 0.16
- Subdivision
- Woodhill Park Sands Allotment
- Neighborhood
- Woodhill Park Sands Allotment
- MLS Area Major
- Cleveland
Property Description
12601 Signet Ave is a well-located 4-unit multifamily property in Cleveland’s Mount Pleasant neighborhood. Each unit features 2 bedrooms and 1 bathroom. One unit is currently occupied at $750 per month, while three units are vacant and only require minor renovations to be rent ready. The proforma gross income for the entire building is $3,250 per month or $39,000 per year, based on $850 per month per unit. The property includes off-street parking and a shared basement for storage or laundry. Its convenient location near major highways, schools, and public transportation enhances tenant appeal. This property is an excellent opportunity for investors looking to add value, increase rents, and maximize cash flow.
Additional Information
- Taxes
- $2,864
- Heating
- Forced Air
- Air Conditioning
- None
- Stories
- 2
- Levels
- Two
- Roof
- Slate
- Parking Features
- On Site, On Street
- School District
- Cleveland Municipal - 1809
Listing Courtesy of: Michael T Arko, mikearko@kw.com With Keller Williams Greater Metropolitan
Selling Office: Non-Member.Mortgage Calculator
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