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957 PARKWAY ROAD Cleveland, OH 44108

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For Sale
$165,000

multifamily - CLEVELAND, OH

Property size:
4,265 SF
Lot size:
0.11 Acres
Added:
Apr 10, 2026
Days on Market:
7
Last Refresh:
Apr 16 at 4:06 am

Property Features for 957 PARKWAY ROAD

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Bathrooms
3
Rooms
Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Interior features
LAUNDRY: IN BASEMENT
Standard status
Active
Size
4,265 SF
Lot size
0.11 Acres

Utilities

Heating system
Forced Air, Natural Gas

Building Details

Year built
1900
Roof type
Asphalt, Fiberglass
Architectural style
Other

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Listing Contact
Christopher Frederick

Listing agent Christopher Frederick

Listing office Schmidt Realty 32648 Center Ridge Road, OH

Listing date Apr 10, 2026

MLS# 5199471 Listing URL

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


Overview

Turnkey Multifamily Investment Opportunity

This turnkey, income-producing multifamily property in Cleveland, OH, presents a strong investment opportunity with immediate upside potential. The well-maintained asset features three units, currently rented at $875, $700, and $677 per month, generating consistent cash flow. The interior of the property has been maintained and offers functional layouts that attract and retain tenants. While the property is performing well, minor exterior repairs are needed, providing an opportunity for a value-add investor to increase curb appeal and enhance long-term appreciation. The property is situated on a 0.11-acre lot. The building has a total area of 4265 square feet. This stabilized investment has reliable tenants already in place, while still leaving room to improve and increase value.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Cleveland
County
Cuyahoga
State
Ohio
Longitude
-81.5999649
Latitude
41.5313529

FAQs

What type of property is this?
Triplex - Income-producing triplex with upside potential in Cleveland, OH.
Where is this triplex located?
The property is located at 957 PARKWAY ROAD Cleveland, OH.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Turnkey, income‑producing property with immediate upside potential.; Currently rented at $875, $700, and $677 per month, generating strong cash flow.; Stabilized investment with reliable tenants already in place.
More about this property
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