About This Home
This 4-bedroom, 2-bathroom multi-family at 3016 Tuxedo Avenue in Parma, OH is listed for $299,000. Built in 1927, on a 0.11 acres lot.
Key Features
- Built in 1927
- 0.11 acre lot
- 3 stories
Property Details
Amenities
Don't miss this excellent opportunity to own a fully updated duplex in the heart of Parma! Whether you're an investor looking to expand your portfolio or an owner-occupant interested in house hacking, this property offers the perfect combination of modern updates, rental income, and long-term value.
Each unit features 2 bedrooms and 1 full bathroom with thoughtfully updated interiors. The kitchens have been renovated with stylish shaker cabinets, quartz countertops, and stainless steel appliances, creating a clean, modern look that appeals to today's tenants and homeowners alike.
Both units also benefit from newer mechanicals, including furnaces, central A/C units, and hot water tanks, all replaced in 2019, providing peace of mind and reduced maintenance costs. The first-floor unit is currently rented on a month-to-month lease, offering immediate rental income with flexibility for the new owner.
The vacant second-floor unit is move-in ready and includes a finished third-floor space that can serve as a third bedroom, home office, playroom, or additional bonus living area, adding exceptional versatility. This makes it ideal for an owner-occupant or for leasing at current market rents.
Conveniently located near shopping, dining, parks, schools, and major highways, this duplex is positioned in a desirable Parma neighborhood with strong rental demand. Whether you're looking for a turnkey investment or an affordable way to offset your mortgage with rental income, this property checks all the boxes. Schedule your showing today!
Monthly Cost Estimate
$1,599/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3016 Tuxedo Avenue
Parma, OH 44134
Aupings Garden Allotment
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 2-bathroom multi-family at 3016 Tuxedo Avenue is listed at $299,000. The estimated monthly payment is $1,599 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1927, 0.11 acre lot, 3 stories.
This property is listed by Marian Lukach and can be reached at 2169052672.



