975 Parkwood Drive, Cleveland, OH 44108

$400,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$400,000
Status
ACTIVE
MLS#
5212684
Year Built
1920
Region
Cleveland
Township
Cleveland
Subdivision / Building
Amor & Carpenter

Property Description

Unlock the potential with this standout Cleveland investment opportunity! This all-brick eight-unit property offers immediate income with three units currently rented, while several vacant units are rent-ready and positioned for quick occupancy. The remaining vacant units provide the perfect opportunity to reposition, renovate, and build additional value. Featuring spacious two and three-bedroom, one-bath layouts, this property is ideal for investors seeking a mix of existing cash flow and upside potential. Whether you're looking to expand your portfolio or take on a value-add project with strong long-term returns, this multi-family asset offers flexibility and opportunity in one package. Don't miss your chance to maximize income and create equity through strategic improvements!

Additional Information

Taxes
$11,495
Acres
0.26
Sewer
Public Sewer
Water
Public
Heating
Hot Water, Steam
School District
Cleveland Municipal - 1809

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy of: Jessica A Conner, jessica@b2brealty.com With B2B Realty

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now and updated as of . Real estate listings held by brokerage firms other than Real Estate Company are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).
IDX information is provided exclusively 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.
All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 MLS Now. All Rights Reserved.