Discover an incredible investment opportunity in this income-generating duplex, perfect for the savvy investor or someone looking to live in one unit and rent out the other. Each unit features a spacious living room that seamlessly flows into a dining area, a well-appointed eat-in kitchen, two bright and generously sized bedrooms, and a full bathroom. The lower level offers convenient laundry facilities and ample storage space. Enjoy outdoor living with a partially fenced backyard and benefit from the added convenience of a detached two-car garage. Recent updates to the lower unit include a painted interior, painted kitchen cabinets, new hardware, new flooring, new electric range, new lighting throughout, new vanity, shower surround, paint, lighting in the bathroom, and updated landscaping. Don’t miss out on this exceptional opportunity! The owner is a licensed agent in the state of Ohio.
Closed
$280,000
7521 Pelham Dr, Parma, OH 44129
4beds
2,240sqft
Duplex, Multi Family
Built in 1957
-- sqft lot
$313,100 Zestimate®
$125/sqft
$1,400 Estimated rent
Home value
$313,100
$294,000 - $335,000
$1,400/mo
Zestimate® history
Owner options
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$1,400/mo
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$1,400/mo
Rent Zestimate®
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$1,966/mo
Est. payment
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$1,966/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
Joe Vaccaro joe@vaccaroteam.com216-731-9500,
EXP Realty, LLC.
Bought with:
Evan A McCarthy, 2018004511
JMG Ohio
Source: MLS Now,MLS#: 5065085
Originating MLS: Akron Cleveland Association of REALTORS
Originating MLS: Akron Cleveland Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Gas
Cooling
- Central Air
Appliances
- Included: Range, Refrigerator
- Laundry: In Basement
Features
- Basement: Full,Unfinished
Interior area
- Total structure area: 2,240
- Total interior livable area: 2,240 sqft
- Finished area above ground: 2,240
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Fencing: Partial,Wood
Lot
- Size: 4,599 sqft
Details
- Parcel number: 44912077
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Brick
- Roof: Asphalt
Condition
- Year built: 1957
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Parma
- Subdivision: Ridge
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 11/4/2024 | Pending sale | $274,900-1.8%$123/sqft |
Source:  MLS Now #5065085 Report a problem | ||
| 11/1/2024 | Sold | $280,000+1.9%$125/sqft |
Source: MLS Now #5065085 Report a problem | ||
| 9/23/2024 | Contingent | $274,900$123/sqft |
Source: MLS Now #5065085 Report a problem | ||
| 9/18/2024 | Price change | $274,900-5.2%$123/sqft |
Source: MLS Now #5065085 Report a problem | ||
| 9/10/2024 | Price change | $289,900-3.3%$129/sqft |
Source: MLS Now #5065085 Report a problem | ||
| 8/27/2024 | Listed for sale | $299,900+51.8%$134/sqft |
Source: MLS Now #5065085 Report a problem | ||
| 8/1/2024 | Sold | $197,500$88/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,004 -7.5% | $78,160 |
| 2024 | $4,327 +6% | $78,160 +23.5% |
| 2023 | $4,082 +0.6% | $63,280 |
| 2022 | $4,056 -3.3% | $63,280 |
| 2021 | $4,194 +15.7% | $63,280 +30% |
| 2020 | $3,624 +1.6% | $48,690 +0% |
| 2019 | $3,566 -9.5% | $48,680 0% |
| 2018 | $3,940 +2.9% | $48,690 +10.2% |
| 2017 | $3,829 +9% | $44,170 |
| 2016 | $3,512 | $44,170 |
| 2015 | $3,512 -1.6% | $44,170 -2% |
| 2014 | $3,570 +2.2% | $45,080 |
| 2013 | $3,493 +4.6% | $45,080 |
| 2012 | $3,340 -9.8% | $45,080 -14.7% |
| 2011 | $3,704 +9.6% | $52,820 |
| 2010 | $3,379 +0.8% | $52,820 |
| 2009 | $3,351 -4.7% | $52,820 -11% |
| 2008 | $3,515 +5.7% | $59,330 |
| 2007 | $3,325 +3.3% | $59,330 |
| 2006 | $3,219 +2.8% | $59,330 +8.1% |
| 2005 | $3,132 +11.1% | $54,890 |
| 2004 | $2,818 +1.6% | $54,890 |
| 2003 | $2,773 +5% | $54,890 +7.5% |
| 2002 | $2,642 -38.9% | $51,070 |
| 2001 | $4,326 -0.1% | $51,070 |
| 2000 | $4,331 | $51,070 |
Find assessor info on the county website
Neighborhood: 44129
Nearby schools
GreatSchools rating
- 6/10Thoreau Park Elementary SchoolGrades: K-4Distance: 1.5 mi
- 6/10Greenbriar Middle SchoolGrades: 5-8Distance: 1.9 mi
- 6/10Valley Forge High SchoolGrades: 9-12Distance: 1.9 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
$313,100
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
$313,100
- Ohio
- Cuyahoga County
- Parma
- 44129
- 7521 Pelham Dr
Nearby cities
Nearby zip codes
Other Parma Topics
