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Front exterior at 7970 Mentor Avenue, Mentor, OH
For SaleActiveNew

7970 Mentor Avenue #O7, Mentor, OH 44060

3beds
3baths
1,472sqft
1972

$155,000

$105/sqft · Est. $1,341/mo

About This Home

This 3-bedroom, 3-bathroom condo at 7970 Mentor Avenue #O7 in Mentor, OH is listed for $155,000 ($105 per sqft). Built in 1972, the home offers 1,472 sqft of living space on a N/A lot.

Key Features

  • Built in 1972
  • 2 stories

Property Details

2 stories
1 full, 2 half
1-car garage
#O7
1972

Amenities

A/C
Listing Description

Excellent investment opportunity in the heart of Mentor! This spacious three-bedroom, three-bath condominium offers approximately 1,400 square feet of living space with an established tenant in place and an attractive estimated 10% cap rate. Conveniently located within half a mile of Mentor's popular retail and dining corridor, the property offers

easy access to Interstate 90 and State Route 2, along with nearby shopping, restaurants, employers, and everyday amenities. The three-bedroom layout provides an appealing alternative to traditional apartment living in an area where rental opportunities offering this amount of space are limited.

With continued demand for well-located rental properties and an existing tenant who has expressed interest in remaining for several years, this is an excellent opportunity for an investor looking to add an income-producing property to their portfolio. The property is being sold as-is with the existing tenancy to remain. Additional financial information and showing details are available through the co-listing agent.

Monthly Cost Estimate

$1,341/mo

20% down · 6.5% · 30 years

Principal$112
Interest$672
Insurance$45
HOA$512

Estimates only. Actual payments may vary.

Location

7970 Mentor Avenue #O7

Mentor, OH 44060

Fairfax Manor Condo

Property Details

Construction

AluminumSiding

Outdoor Features

Patio

Parking

CoveredAssignedCarport

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 3-bedroom, 3-bathroom condo at 7970 Mentor Avenue is listed at $155,000 ($105/sqft). The estimated monthly payment is $1,341 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $512/month.

Key features include: Built in 1972, 2 stories.

This property is listed by Mark C Zervos.

MZ

Mark C Zervos

License 2014001304

Agent at Platinum Real Estate Professionals, LLC

Listed by Platinum Real Estate Professionals, LLC · Broker phone: (440) 942-2100 · View on Broker Site · Broker website

MLS# 5260322· Source: MLS Now· 6 days on PropertySimple

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

7970 Mentor Avenue #O7, Mentor, OH 44060

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