7970 Mentor Avenue O7 Mentor, OH $ 155,000
7970 Mentor Avenue O7
$ 155,000
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7970 Mentor Avenue O7

Mentor, OH, 44060
$ 155,000
Bedrooms3 Baths1.2 Sq 1,472

Monthly Estimate*

$ 1,071

7970 Mentor Avenue O7, Mentor, OH 44060 - Image 1

Condo for sale in Mentor, OH

for $155,000 with 3 bedrooms and 1 full bath, 2 half baths. This 1,472 square foot condo was built in 1972.

Excellent investment opportunity in the heart of Mentor! This spacious three-bedroom, three-bath condominium offers approximately 1,400 square feet of living space with an established tenant in place and an attractive estimated 10% cap rate. Conveniently located within half a mile of Mentor’s popular retail and dining corridor, the property offers easy access to Interstate 90 and State Route 2, along with nearby shopping, restaurants, employers, and everyday amenities. The three-bedroom layout provides an appealing alternative to traditional apartment living in an area where rental opportunities offering this amount of space are limited. With continued demand for well-located rental properties and an existing tenant who has expressed interest in remaining for several years, this is an excellent opportunity for an investor looking to add an income-producing property to their portfolio. The property is being sold as-is with the existing tenancy to remain. Additional financial information and showing details are available through the co-listing agent.

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Condo Active

Price

$ 155,000

Bedrooms

3

Full Bath

1

Half Bath

2

Property Type

Condo

Taxes

$ 1,512

Style

Year Built

1972

Town/City

Mentor

County/Region

Lake

MLS | Web ID

5260322

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Possession Other
Roof Asphalt Fiberglass
Garage Spaces 1
Association Fee Includes Association Management Insurance Maintenance Grounds Maintenance Structure Parking Snow Removal Trash
Patio/Porch Features Patio
Architectural Style Conventional Multiplex Traditional
Construction Materials Aluminum Siding
Pets Allowed Cats OK Dogs OK Yes
Year Built 1972
Stories Count 2
Township Mentor
Levels Two
Unit Number O7
Property Subtype Condominium
Tax Year 2025
HOA Fee 2 512
Assoc Fee Paid Per Monthly
County Lake
Property Type Residential
HOA false
Attached Garage false
Subdivision Name Fairfax Manor Condo
Garage Y/N true
Total Rooms 6
Full Baths 1
Status Active
Directions Fairfax Manor entrance located south on Mentor Ave
City Mentor
High School District Mentor EVSD - 4304
Carport Spaces 1
Carport Y/N true
HOA Fee 2 Frequency Monthly
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 1512
Home Warranty Y/N false
Structure Type Townhouse
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Mentor EVSD - 4304
Elementary School District Mentor EVSD - 4304
Year Built Source Public Records
Property Sub Type Additional Condominium Townhouse
Legal Description WARD LOT TRACT 5
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Interior
Basement None
Total Fireplaces 0
Total Stories 2
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Above Grade Finished Area 1472
Half Baths 2
Laundry Features Inside Laundry Room In Unit
Total Bedrooms 3
Below Grade Finished Area 0
Entry Level 1
Main Level Bedrooms 0
Main Level Bathrooms 1
Below Grade Finished Area Source Realist
Above Grade Finished Area Source Realist
Total Baths 3
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Exterior
Fencing Fenced Gate
Parking Features Additional Parking Assigned Covered Carport Detached Carport On Site Community Structure
Water Source Public
Lot Size Source Public Records
Waterfront Y/N false
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* Excluded Features
List By
Mark C Zervos

Listing Agent

Platinum Real Estate

Broker

markzervosceo@gmail.com

Email

Affordability Calculator

$1,197
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,071
Monthly Property Taxes
$126
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4457895 Elementary School
4457925 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/11/2026$155,000 Listed Price

Map


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7970 Mentor Avenue O7, Mentor, OH, 44060 is a Condo for sale at $155,000 with 1,472 sqft. 7970 Mentor Avenue O7 has 3 bedrooms, 1.2 baths, and was built in 1972. The property's zip code is 44060 which is in Mentor, OH