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  • $134,000

    4849 Grace Rd Unit 125, North Olmsted, OH 44070

    2beds
    1,044sqft
    : 
    $1,585/mo
    Get pre-qualified
    Condominium, Multi Family
    Built in 1975
    -- sqft lot
    $-- Zestimate®
    $128/sqft
    $523/mo HOA

    What's special

    Attached underground one-car garageDurable stucco exteriorLuxury vinyl plank flooringFresh neutral-colored paint
    This well-maintained condo in North Olmsted offers an attractive opportunity for investors looking to add an income-producing property to their portfolio. Featuring 2 bedrooms, 2 full bathrooms, and over 1,000 square feet of comfortable living space, the unit offers a practical layout with plenty of room for everyday living. The property features a durable stucco exterior, forced-air heating, and the added convenience of an attached underground one-car garage. Inside, the condo has been nicely updated with luxury vinyl plank flooring, fresh neutral-colored paint, and upgraded electrical and lighting fixtures, creating a clean and modern interior. Located within the Tudor House condominium community, residents also have access to community amenities including a swimming pool. The unit is currently tenant occupied and generating $1,500 per month in rental income on a month-to-month lease, making it a great option for investors seeking an established rental with immediate cash flow. Conveniently located near Hampton Inn North Olmsted Cleveland Airport, Olive Garden, Birch Primary School, Cuyahoga Community College Westshore Campus, and UH St. John Medical Center. The property also offers easy access to major roads, public transportation, shopping, schools, parks, restaurants, and other local amenities. Full-service property management is available with dedicated teams for leasing, marketing, and tenant relations, as well as rehab and construction services for remote investors. With an existing tenant, solid monthly rental income, updated interior finishes, garage parking, and community amenities, this North Olmsted condo is a strong addition to any rental portfolio. No wholesalers, seller financing, or low-ball offers.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Azzam 216-446-7606 mike@theazzamgroup.com,

    RE/MAX Haven Realty

    Source: MLS Now,MLS#: 5236803MLS LogoOriginating MLS: Akron Cleveland Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 2
      • Main level bedrooms: 2
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Laundry: In Unit
      Features
      • Basement: None
      • Has fireplace: No
      Interior area
      • Total structure area: 1,044
      • Total interior livable area: 1,044 sqft
      • Finished area above ground: 1,044
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Detached, Garage
      • Garage spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Has private pool: Yes
      Lot
      • Size: 4.67 Acres
      Details
      • Parcel number: 23721312

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Multiplex
      • Property subtype: Condominium, Multi Family
      Materials
      • Stucco
      • Roof: Asphalt,Fiberglass
      Condition
      • Year built: 1975

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Tudor House Condo
      HOA
      • Has HOA: Yes
      • Services included: Association Management, Heat, HVAC, Hot Water, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Roof, Snow Removal, Trash, Water
      • HOA fee: $523 monthly
      • HOA name: Tudor House Hoa Association
      Location
      • Region: North Olmsted

      Financial & listing details

      • Price per square foot: $128/sqft
      • Tax assessed value: $89,500
      • Annual tax amount: $2,168
      • Date on market: 8/18/2026
      • Cumulative days on market: 4 days
      • Listing terms: Cash,Conventional,Other

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/18/2026Listed for sale$134,000+106.2%$128/sqft
        Source: MLS Now #5236803 Report a problem
        7/13/2025Listing removed$1,500$1/sqft
        Source: Zillow Rentals Report a problem
        7/7/2025Listed for rent$1,500$1/sqft
        Source: Zillow Rentals Report a problem
        9/1/2022Sold$65,000$62/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,168 -1.1%$31,330
        2024$2,191 +28.2%$31,330 +52.8%
        2023$1,710 +2.6%$20,510
        2022$1,666 +10.5%$20,510
        2021$1,508 +0.9%$20,510 +14%
        2020$1,494 +0.3%$17,990
        2019$1,490 +1%$17,990
        2018$1,475 -18.4%$17,990 -11.4%
        2017$1,807 +1.7%$20,300
        2016$1,777 $20,300
        2015$1,777 -14.2%$20,300 -13.1%
        2014$2,072 +7.8%$23,350
        2013$1,922 +2.7%$23,350
        2012$1,872 +831.3%$23,350 -9.8%
        2011$201 -90%$25,900
        2010$2,010 +10.5%$25,900
        2009$1,819 -4.5%$25,900 -10%
        2008$1,905 +2%$28,770
        2007$1,867 +9.7%$28,770
        2006$1,703 +2.8%$28,770 +8%
        2005$1,656 +1.2%$26,640
        2004$1,636 +2%$26,640
        2003$1,603 +4.1%$26,640 +6.4%
        2002$1,540 -40.1%$25,030
        2001$2,571 -0.1%$25,030
        2000$2,573 $25,030
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 44070

        Getting around

        31 / 100
        Car-Dependent
        22 / 100
        Minimal Transit
        30 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: North Olmsted CSD - 1820

        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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