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12905 Arliss Dr, Lakewood, OH, 44107

4beds
2baths
2,612sqft
$349,000
$134price/sqft
$2,734/moest. monthly cost
$109,360/yrincome needed

About This Home

Excellent investment opportunity! This well-maintained duplex is fully occupied with strong in-place cash flow, collecting $2,810/month. Tenants pay their own utilities as well. Situated on a quiet cul-de-sac, this property combines reliable rental income with timeless character and an outstanding location. The spacious lower unit showcases beautiful hardwood floors, rich natural woodwork, crown molding, a decorative fireplace, and elegant leaded glass built-ins in the formal dining room. The updated kitchen features granite countertops, ceramic tile flooring, stainless steel appliances, and ample cabinet space. The unit is completed by two comfortable bedrooms and a full bath. The upper unit offers the same classic charm with hardwood floors, natural woodwork, and crown molding throughout the living and dining areas. The kitchen is equipped with granite countertops and appliances, while the enclosed front porch provides additional living space or a relaxing retreat. Two bedrooms and a full bath complete the unit. A walk-up partially finished third floor offers potential for additional living space, storage, or future value-add opportunities (subject to local approvals). Outside, you'll find a two-car garage with a newer door and opener, a spacious backyard, and a desirable location just minutes from parks, shopping, restaurants, and entertainment. With current rental income of $2,810 per month, classic architectural details, and room for future upside, this is an exceptional addition to any investment portfolio. * Photos are from previous occupants, walls have since been painted a different color.*

Getting Around

47
WalkingCar-Dependent
42
TransitSome Transit
55
BikeBikeable

Schools

7/10
5/10
Garfield Middle SchoolGrades 6-80.2 mi
7/10
Lakewood High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1923

Materials

  • Roof: Asphalt,Fiberglass
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Finished area above ground: 2,612

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 2,612
  • Total interior livable area: 2,612 sqft

Property

Details

  • Parcel number: 31228056

Features

  • Levels: Three Or More

Lot

  • Lot size: 5,340 sqft

Parking

  • Total spaces: 2
  • Parking features: Detached,Garage,Garage Door Opener,Paved
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tsunami

FEMA Declared Disasters Across Ohio Counties

Flood
Tornado

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

MonthlyAnnual
Mortgage $1,764$21,168
Home Insurance *$141$1,692
Property Taxes $549$6,588
Electricity $280$3,361
Total$2,734$32,808
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$93,737/yr
40% on housing$82,020/yr
45% on housing$72,906/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

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.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$134This listing

vs Other Active Listings

Avg $/sqft

ZIP 44107$169
Cuyahoga County$124

vs Homes Sold Last Month

Median $/sqft

ZIP 44107$212
Cuyahoga County$144

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)

No zestimate history available

Price History

DateEventPrice
2026-07-29Price change$349,000
2026-07-18Listed for sale$355,000
2025-03-26Listing removed$1,350
2025-02-23Listed for rent$1,350
2023-02-10Listing removed--
2023-01-18Price change$1,250
2023-01-17Listed for rent$1,350
2022-10-01Listing removed--
2022-09-01Price change$1,250
2022-08-20Listed for rent$1,350
2021-09-14Sold$280,000
2021-08-09Pending sale$284,900
2021-06-11Price change$284,900
2021-05-10Listed for sale$299,500
2014-10-09Sold$130,000
2014-09-05Listed for sale$139,900

For Sale by Agent

AgentBryan C Garra
BrokerageEXP Realty, LLC.

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