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

3 stories
2 full
1927

Amenities

A/C
Listing Description

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

Principal$216
Interest$1,296
Insurance$87

Estimates only. Actual payments may vary.

Location

3016 Tuxedo Avenue

Parma, OH 44134

Aupings Garden Allotment

Property Details

Construction

AluminumSiding Brick

Parking

DrivewayGarage

Heating

Forced Air

Cooling

Central Air

Appliances

DryerDishwasherMicrowaveRangeRefrigeratorWasher

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.

ML

Marian Lukach

Agent at Keller Williams Greater Metropolitan

(216) 905-2672

Listed by Keller Williams Greater Metropolitan · View on Broker Site

MLS# 5231006· Source: listhub· 1 day on market

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3016 Tuxedo Avenue, Parma, OH 44134

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