12501 Locke Ave, Cleveland, OH, 44108
About This Home
High-Return Fix & Flip Opportunity! Bring your vision to life with this spacious 2-family double offering over 2,000 sq. ft. of living space and endless upside potential. Each unit features 2 bedrooms and 1 full bath, ideal for modern upgrades and value-added improvements. The roof has already been replaced, giving you a head start on renovations and peace of mind for future buyers. The solid structure and unfinished walk-up attic open the door to creative possibilities—convert for added living space or enhanced unit layouts to boost resale value. Conveniently located near I-90, hospitals, and key city amenities, this property sits in a high-demand area that appeals to both homeowners and renters. With the big-ticket exterior work already done, this is a prime flip project with excellent ARV potential. Start your next profitable rehab here—strong bones, great location, and solid ROI potential! Please NO wholesaling, assignments or seller financing. Selling as-is - Buyer to assume city violation
Getting Around
Somewhat Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Fixer
- Year built: 1916
Materials
- Roof: Asphalt,Fiberglass
- Construction materials: Wood Siding
Type & Style
- Home type: MultiFamily
- Property subType: Duplex,Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Full,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Finished area above ground: 2,006
Heating & Cooling
- Heating features: Forced Air
- Cooling features: None
Interior Area
- Total structure area: 2,006
- Total interior livable area: 2,006 sqft
Property
Details
- Parcel number: 11116075
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: City Lights,City
Lot
- Lot size: 3,998 sqft
- Features: City Lot
- Lot size dimensions: 40 x 100
Parking
- Parking features: Driveway
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Ohio Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $247 | $2,964 |
| Home Insurance * | $121 | $1,452 |
| Property Taxes | $77 | $924 |
| Electricity | $215 | $2,581 |
| Total | $660 | $7,920 |
Income You'd Need if You Spent...
Ohio FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-03 | Listed for sale | $49,000 |
| 2026-07-26 | Contingent | $49,000 |
| 2026-06-17 | Listed for sale | $49,000 |
| 2026-05-01 | Listing removed | $45,000 |
| 2026-04-15 | Listed for sale | $45,000 |
| 2026-03-31 | Pending sale | $45,000 |
| 2026-02-23 | Listed for sale | $45,000 |
| 2026-02-21 | Contingent | $45,000 |
| 2026-01-15 | Listed for sale | $45,000 |
| 2026-01-06 | Pending sale | $45,000 |
| 2025-12-22 | Contingent | $45,000 |
| 2025-12-09 | Listed for sale | $45,000 |
| 2025-12-02 | Contingent | $45,000 |
| 2025-10-27 | Listed for sale | $45,000 |
| 2025-08-19 | Sold | $20,000 |
| 2022-10-03 | Sold | $12,109 |
| 2021-12-19 | Listing removed | -- |
| 2021-12-13 | Listed for rent | $700 |
| 2008-01-03 | Sold | $30,000 |
| 2005-12-13 | Sold | $86,600 |
| 2004-11-18 | Sold | $23,000 |
| 2000-04-28 | Sold | $42,000 |
View on Zillow