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994 Parkwood Drive

Cleveland, OH 44108
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Bed 5

Bed

Bath 2

Bath

SqFt1,400

Sqft

Acres0.11

Acre(Lot)

Welcome to an updated & income-producing Colonial offering an excellent opportunity for investors seeking a turnkey addition to their rental portfolio! The home features 5 bedrooms & 2 bathroom, providing a spacious & versatile layout with strong rental potential. The main living area offers a comfortable living room, a renovated kitchen featuring newer cabinetry, butcher block countertops, recessed can lighting, & modern finishes, with adjoining dining space, & plenty of room throughout for everyday living. The basement provides additional storage space along with potential for future value-add opportunities. The property has undergone extensive updates, newer LVP flooring runs throughout the home, while the updated bathroom offers a refreshed & contemporary appearance. Additional i mprovements include newer vinyl windows, updated plumbing & electrical systems, newer roof, newer hot water tank, & newer furnace—helping reduce the likelihood of major near-term capital expenditures. Investors can begin generating income from day one, as the property is currently tenant occupied at $1,800/mo., on a month-to-month lease. The combination of strong rental income, 5 bedroom configuration, substantial improvements, & an existing tenant makes this an attractive opportunity for investors. Located in Cleveland with access to major roads & public transportation, the property is also near shopping, schools, parks, restaurants, & a wide variety of everyday amenities. Professional management in place & willing to stay on. Full service management with dedicated departments for leasing, marketing, tenant communication. Plus rehab & construction services available for remote investors! Whether you’re looking for immediate cash flow or a well-updated rental with long-term income potential, this property offers the space, improvements, & rental performance investors look for! Schedule your showing! No wholesalers. No Seller financing. No low ball offers.

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Detail Ic Property Details

Property Type : Residential

Price : $150,000

AD Id : 90999879

MLS Id : 5242304

Beds : 5

Lot Size : 0.11 Acre

Living Area Size : 1,400

Tax Amount : 1698.00

Year Built : 1920

County : Cuyahoga

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Map

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Rooms Total: 8 Has Basement: Yes Basement: Full
  • Roofing Information

    Slate
  • Interior Features

    Roof: Slate
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air Cooling: None

  • Building Information

    Year Built: 1920 Construction Materials: Frame Stories: 2 Patio And Porch Features: Porch Private Pool: No

  • Lot Information

    Main Square Feet: 0.1065 Acres Lot Size Acres: 0.1065 Lot Size Source: Assessor

    Property Information

    Subdivision: Amor & Carpenters Source Property Type: Residential Property SubType: Single Family Residence Levels: Two Property Age: 106

  • Listing Price Information

    Listing Price: $150000 Cash, Conventional

  • Tax Information

    Parcel Number: 109-13-026 Tax Year: 2025 Annual Tax: $1698 Tax Legal Desc: 370 A & C 0120 ALL

  • Parking Information

    Driveway

  • Location Information

    Direction: On Parkwood Drive, between Greenlawn Avenue and Amor Avenue WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3309 E 137th Street, Cleveland, OH, 44108 $69,000 3 1 1,256 0.13 Acre
987 E 131st Street, Cleveland, OH, 44108 $69,900 3 1 -- 0.07 Acre
899 E 131st Street, Cleveland, OH, 44108 $84,900 3 1 -- 0.07 Acre
875 E 131st Street, Cleveland, OH, 44108 $80,000 3 2 1,386 0.14 Acre
895 E 130th Street, Cleveland, OH, 44108 $24,900 3 1 1,716 0.07 Acre
841 E 130 Street, Cleveland, OH, 44108 $75,000 3 1 1,167 0.08 Acre
878 E 130th Street, Cleveland, OH, 44108 $89,900 3 1 1,204 0.07 Acre
990 E 129th Street, Cleveland, OH, 44108 $89,900 3 1 -- 0.13 Acre
12824 Woodside Avenue, Cleveland, OH, 44108 $99,500 4 1 1,306 0.11 Acre
413 Arbor Road, Cleveland, OH, 44108 $49,900 4 1 -- 0.09 Acre

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed.

ByOwner last updated this listing 09/04/2026 @ 08:19

MLS: 5242304 LISTED BY: Michael Azzam, RE/MAX Haven Realty 440-519-3100 SOURCE: MLS Now

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