About This Home

This 7-bedroom, 3-bathroom multi-family at 957 Parkway Road in Cleveland, OH is listed for $165,000 ($39 per sqft). Built in 1900, the home offers 4,265 sqft of living space on a 0.11 acres lot.

Key Features

  • Built in 1900
  • 0.11 acre lot
  • 3 stories

Property Details

3 stories
3 full
1-car garage
1900
Listing Description

ATTENTION INVESTORS! Turnkey, income-producing property generating strong and consistent cash flow with immediate upside potential. This well-kept asset features three units currently rented at $875, $700, and $677 per month (not section 8), bringing in solid monthly income from day one.

The interior of the property has been maintained and offers functional layouts that continue to attract and retain tenants. While the property is performing well, there are minor exterior repairs needed-providing an opportunity for a value-add investor to increase curb appeal and further enhance long-term appreciation.

Overall, this is a great opportunity to secure a stabilized investment with reliable tenants already in place, while still leaving room to improve and increase value. Showings after accepted offer only. Do not disturb tenants. No wholesalers. No owner financing. Qualified buyers only.

Monthly Cost Estimate

$882/mo

20% down · 6.5% · 30 years

Principal$119
Interest$715
Insurance$48

Estimates only. Actual payments may vary.

Location

957 Parkway Road

Cleveland, OH 44108

Adams Realty

Property Details

Construction

AluminumSiding

Parking

Garage

Heating

Forced AirNatural Gas

Questions & Answers

This 7-bedroom, 3-bathroom multi-family at 957 Parkway Road is listed at $165,000 ($39/sqft). The estimated monthly payment is $882 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.11 acre lot, 3 stories.

This property is listed by Christopher A Frederick.

CF

Christopher A Frederick

License 426983

Agent at Coldwell Banker Schmidt Realty

Listed by Coldwell Banker Schmidt Realty · Broker phone: (440) 572-0220 · View on Broker Site · Broker website

MLS# 5199471· Source: MLS Now· 204 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.

957 Parkway Road, Cleveland, OH 44108

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