Listed price in listed location currency (USD).
$239,900

422

MLS® 5230082

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 2312 sqft
Garage Yes
Taxes $3,603
Days Active 4
Lot Size 0.1175 Acres
Approx. Age 1947
Avg. Price Per Sqft $103
MLS® Number 5230082

Property Address: 7601 Wooster Pkwy, Parma, OH, 44129-2521

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

Description

This well-maintained, cash-flowing duplex is an excellent opportunity for investors looking to add a strong income-producing property to their portfolio! Each unit features 2 bedrooms and 1 full bathroom, a spacious living room, a functional kitchen with an adjoining dining area, and access to a shared basement that offers additional storage and value-add potential. Both units also include a rear sunroom, providing extra living space for tenants to enjoy. The property is fully occupied, with the lower unit renting for $1, 065 per month and the upper unit for $930 per month, both on month-to-month leases. The upper tenant also rents a basement room for an additional $90 per month, creating extra monthly income. Tenants pay their own gas and electric, while water and sewer are shared. Situated on a corner lot, this Cape Cod-style duplex features an enclosed front porch, detached 2-car garage, shared basement with washer and dryer hookups and a utility sink, plus separate furnaces and central A/C units for each apartment. Recent updates include luxury vinyl plank flooring and refinished hardwood floors in the lower unit, replacement hot water tanks, garage doors, kitchen appliances, replacement windows, masonry improvements, and a new front door. Conveniently located in Parma, just minutes from Evergreen Lake with easy access to I-480, this property is also close to shopping, restaurants, parks, schools, public transportation, and all local amenities, making it a fantastic turnkey investment. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! Whether you’re expanding your portfolio or purchasing your first multifamily investment, this turnkey income-producing property is one you won’t want to miss. No wholesalers. No Seller financing. No low ball offers.
MLS® Number5230082
Laundry LevelLower
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1947
BasementFull, Partially Finished
DrivewayDriveway, Detached, Garage
Garage Spaces
HeatForced Air
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 23, 2026List Date
$239,900List Price

Home Appraisal

This property is estimated to sell between: $214,000 and $253,000.
Similar properties in this area sold on average for: $214,989
Expect to pay under asking. 69% of similar properties sold for less than the asking price.
Expected to sell in 16 days. Similar properties sold in 20 days. This home has been on eXp Realty for 4 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

Commute

Starting Address
Destination Address
7601 Wooster Pkwy, Parma, OH

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