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Three-Unit Multifamily Property
For Sale
$165,000

957 Parkway Road, Cleveland, OH 44108

ResidentialIncome, Cleveland, OH

Property Size4,265 SF
Lot Size0.11 Acres
Price / SF$38.69
Days on Market137

Property Features for 957 Parkway Road

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 7
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 5, Bedroom 7, Laundry Room, Bedroom 6, Basement, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 3
Parking features Garage
Subdivision Adams Realty
Elementary school district Cleveland Municipal - 1809
Middle school district Cleveland Municipal - 1809
High school district Cleveland Municipal - 1809
Directions on parkway
Standard status Active
APN 110-23-018
Size 4,265 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 372 ADAMS#2 0073 ALL
Tax Annual Amount 3313
Legal Description 372 ADAMS#2 0073 ALL

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Building Details

Year built 1900
Floors in Building 3
Building materials AluminumSiding
Roof type Asphalt, Fiberglass
Listing Agency: Coldwell Banker Schmidt Realty · Coldwell Banker Real Estate
Listed By: Christopher A Frederick · License #426983
Added: Apr 10 Changed: Aug 20 Last Checked: Aug 24 at 9:06AM
MLS# 5199471

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.

Investment Insights

Based on property information with market context.

This three-unit multifamily property at 957 Parkway Road includes 4,265 square feet on a 0.112-acre lot. The room schedule identifies seven bedrooms, three bathrooms, and a laundry room, with each unit currently rented. Interior areas have been maintained, while minor exterior repairs remain for future completion.

Constructed in 1900, the property features aluminum siding, asphalt and fiberglass roofing, forced-air heating, and natural gas service. A garage provides on-site parking. Public water and public sewer serve the property. The Cleveland location is identified by ZIP Code 44108 in Cuyahoga County. Showings are available after an accepted offer, with tenant access considerations applying.

Key Highlights

  • Three‑unit property with 4,265 square feet of building area
  • Seven bedrooms, three bathrooms, and a laundry room
  • 0.112‑acre lot at 957 Parkway Road, Cleveland, OH 44108

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Gym & Fitness Center Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

276
Businesses Nearby

Demographics for 44108, OH

20,005
Population
11,798
Households
1.7
Avg Household Size
41
Median Age
16%
College-Educated
82%
High-School Grad
4.5 sq mi
ZIP Area
4,446
Density / Sq Mi
$32,530
Median Household Income
$29,040
Median Earnings
$910
Median Rent
$62,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Maintained interiors, garage parking, and established occupancy support continued residential use.
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: Three‑unit property with 4,265 square feet of building area; Seven bedrooms, three bathrooms, and a laundry room; 0.112‑acre lot at 957 Parkway Road, Cleveland, OH 44108
More about this property
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