994 Parkwood Drive, Cleveland, OH, 44108

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$150,000
35 Days On Site

994 Parkwood Drive
Cleveland, OH 44108

For Sale|Single Family Residence|Active
5
Beds
2
Total Baths
2
Full Baths
1,400
SqFt
$107
/SqFt
1920
Built
Subdivision:
Amor & Carpenters
County:
Cuyahoga
Call Now: 330-440-3253
Is this the listing for you? We can help make it yours.
330-440-3253
994 Parkwood Drive994 Parkwood Drive994 Parkwood Drive994 Parkwood Drive
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Welcome to an updated & income-producing Colonial offering an excellent opportunity for investors seeking a turnkey addition to their rental portfolio! The home features 5 bedrooms & 2 bathroom, providing a spacious & versatile layout with strong rental potential. The main living area offers a comfortable living room, a renovated kitchen featuring newer cabinetry, butcher block countertops, recessed can lighting, & modern finishes, with adjoining dining space, & plenty of room throughout for everyday living. The basement provides additional storage space along with potential for future value-add opportunities. The property has undergone extensive updates, newer LVP flooring runs throughout the home, while the updated bathroom offers a refreshed & contemporary appearance. Additional improvements include newer vinyl windows, updated plumbing & electrical systems, newer roof, newer hot water tank, & newer furnace—helping reduce the likelihood of major near-term capital expenditures. Investors can begin generating income from day one, as the property is currently tenant occupied at $1,800/mo., on a month-to-month lease. The combination of strong rental income, 5 bedroom configuration, substantial improvements, & an existing tenant makes this an attractive opportunity for investors. Located in Cleveland with access to major roads & public transportation, the property is also near shopping, schools, parks, restaurants, & a wide variety of everyday amenities. Professional management in place & willing to stay on. Full service management with dedicated departments for leasing, marketing, tenant communication. Plus rehab & construction services available for remote investors! Whether you’re looking for immediate cash flow or a well-updated rental with long-term income potential, this property offers the space, improvements, & rental performance investors look for! Schedule your showing! No wholesalers. No Seller financing. No low ball offers.

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Listing Snapshot
Price 
$150,000
Days On Site 
35 Days
Bedrooms 
5
Inside Area (SqFt) 
1,400 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.1065 Acres
Year Built 
1920
MLS® Number 
5242304
Status 
Active
Property Tax 
$1,698
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing first seen on site
a month agoListing updated with changes from the MLS®
General Features
Acres 
0.1065
Disclosures 
Principal Is Real Estate Licensed
Land Lease 
No
Levels 
Two
Number Of Stories 
2
Parking 
Driveway
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
SqFt Above 
1400
Style 
Colonial
Water Source 
Public
Interior Features
Basement 
Full
Heating 
Forced Air
Main Level Bedrooms 
1
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Exterior Features
Construction Details 
Frame
Patio And Porch 
Porch
Roof 
Slate
Community Features
School District 
Cleveland Municipal - 1809
Township 
Cleveland
Financing Terms Available 
CashConventional
Schools
School District
Cleveland Municipal - 1809
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Michael Azzam of RE/MAX Haven Realty



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Information Deemed Reliable But Not Guaranteed. Copyright 2026 - Multiple Listing Service, Inc. – All Rights Reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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