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  • $165,000

    957 Parkway Rd, Cleveland, OH 44108

    7beds
    4,265sqft
    : 
    $1,296/mo
    Get pre-qualified
    Triplex, Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $39/sqft
    $-- HOA

    What's special

    Functional layouts
    ATTENTION INVESTORS! Turnkey, income-producing property generating strong and consistent cash flow with immediate upside potential. This well-kept asset features three units currently rented at $875, $700, and $677 per month (not section 8), bringing in solid monthly income from day one. The interior of the property has been maintained and offers functional layouts that continue to attract and retain tenants. While the property is performing well, there are minor exterior repairs needed—providing an opportunity for a value-add investor to increase curb appeal and further enhance long-term appreciation. Overall, this is a great opportunity to secure a stabilized investment with reliable tenants already in place, while still leaving room to improve and increase value. Showings after accepted offer only. Do not disturb tenants. No wholesalers. No owner financing. Qualified buyers only.
    121 days
    |
    113
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Christopher A Frederick 216-210-7653 thefrederickteam@gmail.com,

    Coldwell Banker Schmidt Realty,

    Adrian Frederick 216-469-4854,

    Coldwell Banker Schmidt Realty

    Source: MLS Now,MLS#: 5199471MLS LogoOriginating MLS: Lorain County Association Of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Forced Air, Gas
      Cooling
      • None
      Appliances
      • Laundry: In Basement
      Features
      • Basement: Unfinished
      Interior area
      • Total structure area: 4,265
      • Total interior livable area: 4,265 sqft
      • Finished area above ground: 3,051
      • Finished area below ground: 1,214

      Property

      Parking
      • Total spaces: 1
      • Parking features: Detached, Garage, Paved
      • Garage spaces: 1
      Features
      • Levels: Three Or More
      • Stories: 3
      Lot
      • Size: 4,878 Square Feet
      Details
      • Parcel number: 11023018

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex, Multi Family
      Materials
      • Aluminum Siding
      • Roof: Asphalt,Fiberglass
      Condition
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Adams Realty
      Location
      • Region: Cleveland

      Financial & listing details

      • Price per square foot: $39/sqft
      • Tax assessed value: $141,500
      • Annual tax amount: $3,313
      • Date on market: 4/10/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/10/2026Listed for sale$165,000+16.6%$39/sqft
        Source: MLS Now #5199471 Report a problem
        9/11/2023Sold$141,500+1.8%$33/sqft
        Source: MLS Now #4477098 Report a problem
        8/3/2023Pending sale$139,000$33/sqft
        Source: MLS Now #4477098 Report a problem
        7/25/2023Listed for sale$139,000+595%$33/sqft
        Source: MLS Now #4477098 Report a problem
        3/28/2023Sold$20,000-32.2%$5/sqft
        Source: MLS Now #4435570 Report a problem
        3/3/2023Pending sale$29,500$7/sqft
        Source: MLS Now #4435570 Report a problem
        3/3/2023Listed for sale$29,500$7/sqft
        Source: MLS Now #4435570 Report a problem
        3/1/2023Pending sale$29,500$7/sqft
        Source: MLS Now #4435570 Report a problem
        2/18/2023Price change$29,500-25.3%$7/sqft
        Source: MLS Now #4435570 Report a problem
        2/14/2023Price change$39,500-6%$9/sqft
        Source: MLS Now #4435570 Report a problem
        2/1/2023Listed for sale$42,000-33.9%$10/sqft
        Source: MLS Now #4435570 Report a problem
        9/24/2019Listing removed$63,500$15/sqft
        Source: Keller Williams Grt Cleve SE #4122928 Report a problem
        8/8/2019Listed for sale$63,500+15.5%$15/sqft
        Source: Keller Williams Grt Cleve SE #4122928 Report a problem
        3/24/2011Listing removed$55,000+1122.2%$13/sqft
        Source: Owner Report a problem
        10/28/2008Sold$4,500-91.8%$1/sqft
        Source: Public Record Report a problem
        8/6/2008Listed for sale$55,000+42.2%$13/sqft
        Source: Owner Report a problem
        2/4/2008Sold$38,667-60.3%$9/sqft
        Source: Public Record Report a problem
        9/7/2006Sold$97,500+265.6%$23/sqft
        Source: Public Record Report a problem
        1/15/2004Sold$26,667-66.7%$6/sqft
        Source: Public Record Report a problem
        4/9/1999Sold$80,000$19/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,313 +0%$49,530
        2024$3,312 +519.2%$49,530 +617.8%
        2023$535 +0.6%$6,900
        2022$532 +0.9%$6,900
        2021$527 +5.2%$6,900 +21.7%
        2020$501 -75.3%$5,670
        2019$2,025 +337.9%$5,670
        2018$462 -97.7%$5,670 -28%
        2017$20,132 +35.5%$7,880
        2016$14,857 +0.7%$7,880
        2015$14,754 +18%$7,880 -9.9%
        2014$12,501 +19.9%$8,750
        2013$10,424 +10.5%$8,750 -54.7%
        2012$9,437 +35.8%$19,320 -23.5%
        2011$6,948 +47.5%$25,240
        2010$4,711 +43.9%$25,240
        2009$3,274 +111.9%$25,240
        2008$1,545 +10%$25,240
        2007$1,404 +0.1%$25,240
        2006$1,402 +7.7%$25,240 +13.4%
        2005$1,303 -55.6%$22,260
        2004$2,932 $22,260
        2003-- $22,260 +17.8%
        2002$1,072 -42%$18,900
        2001$1,847 +4.5%$18,900
        2000$1,767 $18,900
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Forest Hills

        Getting around

        55 / 100
        Somewhat Walkable
        49 / 100
        Some Transit
        44 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Cleveland Municipal - 1809

        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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