21 days on rocket

12627 Franklin Blvd, Lakewood, OH, 44107

$345,000

Home List Price

$4,097*

Closing Credit

6 Bedrooms
2 Full Baths
Multi
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

12627 Franklin Blvd, Lakewood$345,000

Buyer Closing Credits

$4,097*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeDuplex
ParkingDetached, Garage
Garage2 spaces
Year Built1913
HeatingForced Air
CoolingNone, Other
BasementYes
MLS #5029287
Lot Size0.13 Acres
StatusActive

About 12627 Franklin Blvd

Welcome to 12627 Franklin Blvd in Lakewood, OH! This spacious 6-bedroom, 2-bathroom property presents a fantastic investment opportunity. Partially occupied with a tenant providing $1,400 per month, with a lease ending on 2/26/2025, this property offers immediate cash flow. The vacant unit is awaiting renovation but has the potential to generate $1,500 in monthly income once rehabbed, offering even greater returns for savvy investors. Conveniently located near downtown Cleveland, shopping, and vibrant nightlife, this property appeals to both tenants and owners alike. Whether you're looking to expand your investment portfolio or seeking a place to call home with rental income potential, 12627 Franklin Blvd has plenty to offer. Don't miss out – schedule a viewing today and seize this exciting opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1913
  • Stories: 2

Listing Office:

  • Office Name: Real Estate Quest, Inc.
  • Office Email: rebroker216@gmail.com
  • Listing Agent: Alex V Johnson

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Garage

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None, Other

School Info

Assigned Schools Information:

  • Lakewood High School, Public District Grades 9-12
  • Garfield Middle School, Public District Grades 6-8
  • Harrison Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Triskett Rd turn Left onto W 140th Street. Turn Right onto Franklin Blvd. Destination is .6 mi on your Right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $345,000

Tax Information:

  • Annual Amount: $3,922
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Lakewood, OH.

Map thumbnail provided by MapBox

Lakewood, OH

City

Med. Sold Price

$285.2K

Med. Price/SqFt

$153

Avg. Days On Market

45

# of Sold Homes

36

12627 Franklin Blvd vs Lakewood

21 DAYS ON ROCKET

-24 Days

$345,000

+$59.7K More

KEY TAKEAWAY

This property is $59.7K more than the Median Sold Price in Lakewood, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5029287

Listing Office:

  • Office Name: Real Estate Quest, Inc.
  • Office Email: rebroker216@gmail.com
  • Listing Agent: Alex V Johnson

IDXCopyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 4:25:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,922$54,110
2019$3,846$54,120
2018$3,841$54,120
2017$2,776$38,510

History based on county public records data.

Payment Calculator

$1,789

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,101

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3793937
7
/10

  • Harrison Elementary School

  • 2080 Quail St

  • 0.36 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3793938
6
/10

  • Garfield Middle School

  • 13114 Detroit Ave

  • 0.40 miles

  • Public District Grades 6-8

High School

school-card-donut-3793939
6
/10

  • Lakewood High School

  • 14100 Franklin Blvd

  • 0.75 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,934. Residents of Lakewood, OH typically earn less than $35k each year. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Cuyahoga County›Lakewood›44107›12627 Franklin Blvd

This home is located at 12627 Franklin Blvd in Lakewood, OH and zip code 44107. This home, which was built in 1913, sits on a 0.13 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 09, 2024 and is currently priced at $345,000.

While more than 17 listings in Lakewood, OH in March 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 17 were sold below. The inventory of homes for sale in Lakewood, OH between February 2024 and March 2024 increased by 6.7%. In March 2024 median list price was $285,250 and the average listing age was 45 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources