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 $1,450 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.
Active
$134,000
4849 Grace Rd Unit 228, North Olmsted, OH 44070
2beds
1,044sqft
Condominium
Built in 1975
-- sqft lot
$-- Zestimate®
$128/sqft
$523/mo HOA
What's special
Garage parkingAttached underground one-car garageDurable stucco exteriorLuxury vinyl plank flooringFresh neutral-colored paint
- 49 days
- 149
- 5
Zillow last checked:
Listing updated:
Listed by:
Michael Azzam 216-446-7606 mike@theazzamgroup.com,
RE/MAX Haven Realty
Source: MLS Now,MLS#: 5237331
Originating 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: Community Structure
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
Lot
- Size: 4.67 Acres
Details
- Parcel number: 23721345
Construction
Type & style
- Home type: Condo
- Architectural style: Ranch
- Property subtype: Condominium
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, Recreation Facilities, Reserve Fund, Roof, Snow Removal, Trash, Water
- HOA fee: $523 monthly
- HOA name: Tudor House Condo
Location
- Region: North Olmsted
Financial & listing details
- Price per square foot: $128/sqft
- Tax assessed value: $89,700
- Annual tax amount: $2,173
- Date on market: 8/18/2026
- Cumulative days on market: 50 days
- Listing terms: Cash,Conventional,Other
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/18/2026 | Listed for sale | $134,000$128/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,173 -1.1% | $31,400 |
| 2024 | $2,196 +27.8% | $31,400 +52.3% |
| 2023 | $1,719 +0.5% | $20,620 |
| 2022 | $1,710 +10.2% | $20,620 |
| 2021 | $1,552 +0.9% | $20,620 +13.9% |
| 2020 | $1,538 -31.3% | $18,100 |
| 2019 | $2,239 +51% | $18,100 |
| 2018 | $1,483 -18.4% | $18,100 -11.3% |
| 2017 | $1,816 +1.7% | $20,410 |
| 2016 | $1,786 | $20,410 |
| 2015 | $1,786 -14.2% | $20,410 -13% |
| 2014 | $2,081 +5% | $23,460 |
| 2013 | $1,983 +2.5% | $23,460 |
| 2012 | $1,935 -6.8% | $23,460 -9.8% |
| 2011 | $2,077 +0% | $26,010 |
| 2010 | $2,076 +10.5% | $26,010 |
| 2009 | $1,879 -4.5% | $26,010 -9.9% |
| 2008 | $1,967 +2% | $28,880 |
| 2007 | $1,928 +9.7% | $28,880 |
| 2006 | $1,758 +2.8% | $28,880 +8% |
| 2005 | $1,710 +1.2% | $26,750 |
| 2004 | $1,689 +2% | $26,750 |
| 2003 | $1,656 +4.2% | $26,750 +6.6% |
| 2002 | $1,589 -38.4% | $25,100 |
| 2001 | $2,578 -0.1% | $25,100 |
| 2000 | $2,580 | $25,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 44070
Nearby schools
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.






