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$134,000

4849 Grace Road 228
North Olmsted, OH 44070
Listed by Michael Azzam · RE/MAX Haven Realty
Bedrooms
2
Bathrooms
2
Living area
1,044 sqft
Year built
1975

About this home

This well-maintained condo in North Olmsted offers an attractive opportunity for investors looking to add an income-producing property to their portfolio. Featuring 2 bedrooms, 2 full bathrooms, and over 1,000 square feet of comfortable living space, the unit offers a practical layout with plenty of room for everyday living. The property features a durable stucco exterior, forced-air heating, and the added convenience of an attached underground one-car garage. Inside, the condo has been nicely updated with luxury vinyl plank flooring, fresh neutral-colored paint, and upgraded electrical and lighting fixtures, creating a clean and modern interior. Located within the Tudor House condominium community, residents also have access to community amenities including a swimming pool. The unit is currently tenant occupied and generating $1,450 per month in rental income on a month-to-month lease, making it a great option for investors seeking an established rental with immediate cash flow. Conveniently located near Hampton Inn North Olmsted Cleveland Airport, Olive Garden, Birch Primary School, Cuyahoga Community College Westshore Campus, and UH St. John Medical Center. The property also offers easy access to major roads, public transportation, shopping, schools, parks, restaurants, and other local amenities. Full-service property management is available with dedicated teams for leasing, marketing, and tenant relations, as well as rehab and construction services for remote investors. With an existing tenant, solid monthly rental income, updated interior finishes, garage parking, and community amenities, this North Olmsted condo is a strong addition to any rental portfolio. No wholesalers, seller financing, or low-ball offers.

Property details

MLS #
5237331
Property type
Condominium
Subdivision
Tudor House Condo
Status
Active
Days on market
N/A
On market date
August 18, 2026
Stories
1
Garage spaces
1
Lot size
4.6662 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Birch Elementary School
0.4 mi away · Grades 0-2
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
350
Student:teacher ratio
15.9:1
District
North Olmsted City
Middle
Lewis F Mayer Middle School
2.14 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
375
Student:teacher ratio
20.8:1
District
Fairview Park City
High
North Olmsted High School
2.12 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,243
Student:teacher ratio
19.4:1
District
North Olmsted City

Mortgage calculator

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Est. monthly payment
$957/mo
$26,800 down
$107,200 loan
Principal & interest$695
Property tax (est.)$112
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 2 days ago.

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.