Eight-Unit Brick Apartment
New
For Sale
$355,000
975 Parkwood Drive, Cleveland, OH 44108
Mix of two- and three-bedroom, one-bath apartments with current occupancy and vacant units requiring rent-ready work.
Property Size12,681 SF
Price / SF$27.99
Days on Market6
Property Features for 975 Parkwood Drive
General Information
Standard status
Active
Size
12,681 SF
Property subtype
Apartment
Property Condition
Severity
Repairs Needed
Evidence
need a small rent-ready
Additional Details
Multifamily Units
8
Taxes and HOA fees
Annual Taxes
$11,514
Amenities
3
Composition, Flat
Parking.
Lot.
Building Details
Year Built
1920
Stories
2
Construction
all-brick
Listing Agency:
B2B Realty
(216) 465-4011
Listed By:
Ryan Walsh · License #2023006206
(330) 780-5575
Source:
Xome
Added: Aug 29
Changed: Sep 1
Last Checked: Sep 2 at 1:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of B2B Realty
Investment Insights
Based on property information with market context.
Built in 1920, this all-brick apartment property contains eight units within 12,681 square feet. The unit mix includes spacious two- and three-bedroom apartments, each with one bathroom. Four units are currently rented, while vacant apartments require rent-ready work before occupancy.
The property is located at 975 Parkwood Drive in Cleveland, Ohio. Its existing configuration provides a multifamily platform with both occupied apartments and additional units requiring completion work.
The property is located at 975 Parkwood Drive in Cleveland, Ohio. Its existing configuration provides a multifamily platform with both occupied apartments and additional units requiring completion work.
Key Highlights
- Eight‑unit apartment property totaling 12,681 square feet
- All‑brick construction completed in 1920
- Four units currently rented
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
389
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Mix of two- and three-bedroom, one-bath apartments with current occupancy and vacant units requiring rent-ready work.
Where is this apartment building located?
The property is located at 975 Parkwood Drive Cleveland, OH.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: Eight‑unit apartment property totaling 12,681 square feet; All‑brick construction completed in 1920; Four units currently rented
