Two-family investment opportunity! Both units are securely leased through 2026, delivering awesome steady income and hassle-free tenant stability. Perfectly positioned in a desirable neighborhood, this well-maintained property offers spacious layouts and strong long-term cash flow—an ideal addition to any savvy investor’s portfolio. Don’t miss your chance to own a reliable, income-producing asset with great growth potential! Lot's of parkin
Closed
$227,000
2506 Fortune Ave, Parma, OH 44134
5beds
1,952sqft
Duplex, Multi Family
Built in 1923
-- sqft lot
$234,200 Zestimate®
$116/sqft
$1,464 Estimated rent
Home value
$234,200
$215,000 - $255,000
$1,464/mo
Zestimate® history
Owner options
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$1,464/mo
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$1,464/mo
Rent Zestimate®
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$1,692/mo
Est. payment
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$1,692/mo
Est. payment
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Spacious layouts
Zillow last checked:
Listing updated:
Listing Provided by:
Brett A Young 216-703-5740 by56083@gmail.com,
Key Realty
Bought with:
Garrett Rowan, 2025003866
Home Equity Realty Group
Source: MLS Now,MLS#: 5147219
Originating MLS: Akron Cleveland Association of REALTORS
Originating MLS: Akron Cleveland Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Gas
Cooling
- Window Unit(s)
Appliances
- Included: Disposal, Range, Refrigerator
- Laundry: In Unit
Features
- Windows: Double Pane Windows
- Basement: Common Basement
Interior area
- Total structure area: 1,952
- Total interior livable area: 1,952 sqft
- Finished area above ground: 1,952
Property
Parking
- Parking features: Additional Parking, Concrete, Driveway, No Garage, Off Street, Paved
Features
- Levels: Two
- Stories: 2
- Fencing: Wood
Lot
- Size: 5,601 sqft
Details
- Parcel number: 44412066
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Aluminum Siding
- Roof: Asphalt,Fiberglass
Condition
- Updated/Remodeled
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Parma
- Subdivision: State Park
Other
Other facts
- Listing terms: Cash,Conventional,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 11/4/2025 | Sold | $227,000-0.9%$116/sqft |
Source:  MLS Now #5147219 Report a problem | ||
| 8/28/2025 | Pending sale | $229,000$117/sqft |
Source: MLS Now #5147219 Report a problem | ||
| 8/25/2025 | Listed for sale | $229,000$117/sqft |
Source: MLS Now #5147219 Report a problem | ||
| 8/17/2025 | Pending sale | $229,000$117/sqft |
Source: MLS Now #5147219 Report a problem | ||
| 8/12/2025 | Listed for sale | $229,000+27.2%$117/sqft |
Source: MLS Now #5147219 Report a problem | ||
| 5/20/2025 | Listing removed | $1,100$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/29/2025 | Listed for rent | $1,100$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/4/2023 | Sold | $180,000-5.2%$92/sqft |
Source: MLS Now #4486466 Report a problem | ||
| 9/8/2023 | Pending sale | $189,900$97/sqft |
Source: MLS Now #4486466 Report a problem | ||
| 8/31/2023 | Listed for sale | $189,900+65.9%$97/sqft |
Source: MLS Now #4486466 Report a problem | ||
| 8/14/2011 | Listing removed | $114,500$59/sqft |
Source: iseemedia #3221387 Report a problem | ||
| 6/18/2011 | Price change | $114,500-4.2%$59/sqft |
Source: Keller Williams Greater Cleveland Southwest #3221387 Report a problem | ||
| 4/21/2011 | Listed for sale | $119,500+31.3%$61/sqft |
Source: iseemedia #3221387 Report a problem | ||
| 11/9/1999 | Sold | $91,000$47/sqft |
Source: Public Record Report a problem | ||
| 6/27/1995 | Sold | $91,000$47/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,684 -7.5% | $51,700 |
| 2024 | $2,900 +2.6% | $51,700 +19.6% |
| 2023 | $2,826 +0.6% | $43,230 |
| 2022 | $2,808 -3.3% | $43,230 |
| 2021 | $2,905 +15.8% | $43,230 +30% |
| 2020 | $2,509 +3.1% | $33,250 |
| 2019 | $2,435 -14.3% | $33,250 |
| 2018 | $2,840 +21.1% | $33,250 +33.7% |
| 2017 | $2,346 +14.9% | $24,860 |
| 2016 | $2,042 | $24,860 |
| 2015 | $2,042 -1.5% | $24,860 -1.9% |
| 2014 | $2,073 +2.1% | $25,340 |
| 2013 | $2,030 +4.3% | $25,340 |
| 2012 | $1,946 -16% | $25,340 -21% |
| 2011 | $2,317 +9.5% | $32,070 |
| 2010 | $2,117 +0.8% | $32,070 |
| 2009 | $2,099 -4.6% | $32,070 -11% |
| 2008 | $2,201 +7.3% | $36,020 |
| 2007 | $2,051 +3.3% | $36,020 |
| 2006 | $1,986 +1.1% | $36,020 +6.3% |
| 2005 | $1,964 +11.1% | $33,890 |
| 2004 | $1,767 +1.6% | $33,890 |
| 2003 | $1,739 +3.9% | $33,890 +6.4% |
| 2002 | $1,674 -38% | $31,850 |
| 2001 | $2,698 -0.1% | $31,850 |
| 2000 | $2,701 | $31,850 |
Find assessor info on the county website
Neighborhood: 44134
Nearby schools
GreatSchools rating
- 6/10John Muir Elementary SchoolGrades: K-4Distance: 0.2 mi
- 4/10Shiloh Middle SchoolGrades: 5-8Distance: 1.1 mi
- 6/10Normandy High SchoolGrades: 9-12Distance: 3.4 mi
Schools provided by the listing agent
- District: Parma CSD - 1824
Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$234,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$234,200
- Ohio
- Cuyahoga County
- Parma
- 44134
- 2506 Fortune Ave
Nearby cities
Nearby zip codes
Other Parma Topics
