Eight-Unit Brick Apartment
New
For Sale
$355,000
975 Parkwood Dr, Cleveland, OH 44108
All-brick apartment property with a mix of two- and three-bedroom layouts.
Property Size12,681 SF
Price / SF$27.99
Days on Market4
Property Features for 975 Parkwood Dr
General Information
Standard status
Active
Size
12,681 SF
Property Condition
Severity
Repairs Needed
Evidence
need a small rent-ready
Additional Details
Multifamily Units
8
Building Details
Year Built
1920
Construction
Brick
Tenancy
Multi
Listing Agency:
B2B Realty
Listed By:
Ryan Walsh · License #2023006206
(330) 780-5575
Source:
Theacclaimedrealty
Added: Sep 15
Changed: Sep 16
Last Checked: Sep 17 at 4:22AM
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 12,681-square-foot apartment building contains eight units in an all-brick structure. The unit mix includes two- and three-bedroom floor plans, each with one bathroom. Four units are currently rented, while the remaining units require rent-ready work before returning to occupancy.
Located at 975 Parkwood Dr in Cleveland, OH 44108, the property combines existing tenancy with vacant units that can be prepared for future occupancy. Its established apartment configuration provides a straightforward multifamily layout for an owner evaluating current operations and needed unit improvements.
Located at 975 Parkwood Dr in Cleveland, OH 44108, the property combines existing tenancy with vacant units that can be prepared for future occupancy. Its established apartment configuration provides a straightforward multifamily layout for an owner evaluating current operations and needed unit improvements.
Key Highlights
- Eight‑unit apartment building with an all‑brick exterior
- 12,681 square feet built in 1920
- Four units currently rented
Property Analytics
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Current Use
Lease Details
8
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
389
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - All-brick apartment property with a mix of two- and three-bedroom layouts.
Where is this apartment building located?
The property is located at 975 Parkwood Dr 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 building with an all‑brick exterior; 12,681 square feet built in 1920; Four units currently rented
