975 Parkwood Drive
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$400,000

975 Parkwood Drive
Cleveland, OH 44108
Listed by Jessica A Conner · B2B Realty
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1920

About this home

Unlock the potential with this standout Cleveland investment opportunity! This all-brick eight-unit property offers immediate income with three units currently rented, while several vacant units are rent-ready and positioned for quick occupancy. The remaining vacant units provide the perfect opportunity to reposition, renovate, and build additional value. Featuring spacious two and three-bedroom, one-bath layouts, this property is ideal for investors seeking a mix of existing cash flow and upside potential. Whether you're looking to expand your portfolio or take on a value-add project with strong long-term returns, this multi-family asset offers flexibility and opportunity in one package. Don't miss your chance to maximize income and create equity through strategic improvements!

Property details

MLS #
5212684
Property type
Apartment
Subdivision
Amor & Carpenter
Status
Active
Days on market
1
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
0.2597 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Patrick Henry School
0.39 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
266
Student:teacher ratio
13.3:1
District
Cleveland Municipal
Middle
W.H. Kirk Middle School
1.68 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
339
Student:teacher ratio
14.1:1
District
East Cleveland City School District
High
Glenville High School
0.55 mi away · Grades 7-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
560
Student:teacher ratio
15.6:1
District
Cleveland Municipal

Mortgage calculator

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Est. monthly payment
$2,559/mo
$80,000 down
$320,000 loan
Principal & interest$2,076
Property tax (est.)$333
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated May 23, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.