975 Parkwood Drive Cleveland, OH $ 400,000
975 Parkwood Drive
$ 400,000
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975 Parkwood Drive

Cleveland, OH, 44108
$ 400,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,463

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Commercial Property for sale in Cleveland, OH

for $400,000. This building was built in 1920 on a lot size of 0.2597.

Unlock the potential with this standout Cleveland investment opportunity! This all-brick eight-unit property offers immediate income with three units currently rented, while several vacant units are rent-ready and positioned for quick occupancy. The remaining vacant units provide the perfect opportunity to reposition, renovate, and build additional value. Featuring spacious two and three-bedroom, one-bath layouts, this property is ideal for investors seeking a mix of existing cash flow and upside potential. Whether you're looking to expand your portfolio or take on a value-add project with strong long-term returns, this multi-family asset offers flexibility and opportunity in one package. Don't miss your chance to maximize income and create equity through strategic improvements!

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Commercial Active

Price

$ 400,000

Property Type

Commercial

Taxes

$ 11,495

Style

Lot Size

0.2597

Year Built

1920

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

5212684

Features
General
Sewer Public Sewer
Heating Hot Water Steam
Possession Negotiable
Year Built 1920
Township Cleveland
Property Subtype Apartment
Tax Year 2025
County Cuyahoga
Property Type Commercial Sale
Attached Garage false
Subdivision Name Amor & Carpenter
Status Active
Directions Between Primrose and Earle Ave home is one East side of street.
City Cleveland
High School District Cleveland Municipal - 1809
Lot Size Units Acres
Tax Annual Amount 11495.18
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Property Sub Type Additional Apartment
Legal Description 370 A&C 0127 ALL
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Interior
Heating Y/N true
Main Level Bathrooms 0
Total Baths 0
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Exterior
Water Source Public
Lot Size Area 0.2597
Lot Size Acres 0.2597
Lot Size Source Assessor
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* Excluded Features
List By
Jessica A Conner

Listing Agent

B2b Realty

Broker

jessica@b2brealty.com

Email

Affordability Calculator

$3,421
Per Month
72%
28%
0%
Monthly Principal & Interest
$2,463
Monthly Property Taxes
$958
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4457981 Elementary School
4457986 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/22/2026$400,000 Listed Price

Map


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975 Parkwood Drive, Cleveland, OH, 44108 is a Commercial Property for sale at $400,000 with a lot size of 0.2597. 975 Parkwood Drive was built in 1920. The property's zip code is 44108 which is in Cleveland, OH