USAOHClevelandAmor & Carpenters994 Parkwood Dr

$150,000

For Sale

A month ago

994 Parkwood Dr, Cleveland, OH

Name: 994 Parkwood Dr, For Sale in Cleveland - eXp Realty
Brand: RE/MAX Haven Realty
SKU: 5242304
Price: 150000 USD

House

MLS® 5242304

5 Bed

2 Bath

1400 sqft

Key Facts
Description
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 1400 sqft

Garage

Taxes $1,698

Days Active 39

Lot Size 0.1065 Acres

Approx. Age 1920

Avg. Price Per Sqft $107

MLS® Number 5242304

Property Address: 994 Parkwood Dr, Cleveland, OH, 44108-3074

Average square foot calculated using Size range provided by listing agent.

Description

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.

MLS® Number5242304

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1920

BasementFull

DrivewayDriveway

Garage Spaces

HeatForced Air

A/CNone

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Sep 3, 2026List Date

$150,000List Price

Home Appraisal

This property is estimated to sell between: $95,000 and $178,000.

Similar properties in this area sold on average for: $95,468

Expected to sell in 7 days. Similar properties sold in 46 days. This home has been on eXp Realty for 39 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

Commute

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Starting Address

Destination Address

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