12010 Derby Ave, Cleveland, OH, 44125
About This Home
Great opportunity for an investor looking for immediate cash flow in Garfield Heights! This two-unit property features a spacious lower unit with 2 bedrooms currently leased at $1,050/month and an upper unit with 1 bedroom leased at $875/month, both on annual leases, generating combined gross rental income of $1,925/month ($23,100/year), with low utility costs — water billed at $15/month and sewer at $32/month through the City of Cleveland. With both units occupied by paying tenants, this property offers steady, hands-off income from day one, making it an excellent addition to any rental portfolio or a solid entry point for investors looking to expand in the Cleveland southeast suburbs. Don't miss this fully-leased, cash-flowing duplex — schedule your showing today!
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1925
Materials
- Roof: Asphalt
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Duplex,Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Window Unit(s)
Property
Details
- Parcel number: 54236054
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 4,800 sqft
Parking
- Total spaces: 2
- Parking features: Driveway,Garage
- 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
- 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 | $859 | $10,308 |
| Home Insurance * | $153 | $1,836 |
| Property Taxes | $267 | $3,204 |
| Electricity | $193 | $2,320 |
| Total | $1,472 | $17,664 |
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 |
|---|---|---|
| 2026-08-05 | Price change | $149,900 |
| 2026-07-23 | Listed for sale | $169,900 |
| 2017-12-27 | Sold | $51,000 |
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