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Key Details
Sold Price $238,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,900 sqft
Price per Sqft $125
Subdivision August Shermers Aufait
MLS Listing ID 5129517
Sold Date 07/17/25
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,900
Year Built 1950
Annual Tax Amount $3,718
Tax Year 2023
Lot Size 7,187 Sqft
Acres 0.165
Property Sub-Type Duplex
Property Description
Fantastic investment opportunity in Parma! This well-maintained duplex features two spacious 2-bedroom, 1-bathroom units with a total of 1,900 SF above grade. Both units are tenant-occupied (month-to-month) with reliable, on-time rent payments and tenants who would like to stay. Professional property management is already in place and can seamlessly transfer to the new owner.
Each unit offers updated kitchens, refreshed bathrooms, neutral paint throughout, and separate 100-amp electric panels. Some vinyl replacement windows have been installed. The shared basement offers ample storage space and separate laundry hook-ups. Exterior updates include vinyl siding, storm windows, garage doors (2010, per previous owner), and central A/C.
The property includes a 2-car garage, a partial privacy fence, and a mature oak tree providing natural shade. Located just minutes from I-480 and directly on the bus line—this is an ideal property for investors or owner-occupants looking to house hack.
Don't miss this cash-flowing duplex in a high-demand rental area!
Location
State OH
County Cuyahoga
Direction East
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air, Gas
Cooling Central Air, Ceiling Fan(s)
Fireplace No
Laundry In Basement
Exterior
Parking Features Detached, Garage
Garage Spaces 2.0
Garage Description 2.0
Fence Wood
View Y/N Yes
Water Access Desc Public
View City
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Faces East
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Parma Csd - 1824
Others
Tax ID 447-03-022
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan
Financing Conventional
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Bought with Jack Krusinski • RE/MAX Above & Beyond