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Emma Sulek
Marketing Director
REALTOR®

994 Parkwood Drive, Cleveland, OH 44108

$150,000
  • 994 Parkwood Drive, Cleveland, OH 44108 Main Photo
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New to the Market Active
BEDS5 BATHS2 full SQUARE FEET1,400 MLS#5242304
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONAmor & Carpenters SCHOOLCleveland Municipal - 1809

Property 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.

994 Parkwood Drive | MLS# 5242304

This single family home located at 994 Parkwood Drive, Cleveland, OH 44108 is currently listed for sale with an asking price of $150,000. This property was built in 1920 and has 5 bedrooms and 2 full baths with 1400 sq. ft. Parkwood Drive is located in the Amor & Carpenters subdivision within the Cleveland Municipal - 1809 school district. Search Amor & Carpenters real estate on esulek.sulekandexperts.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Full
Cooling: None
Heating: Forced Air
Home Style: Colonial
Lot Size: 0.11 Acres
Roof Type: Slate
Stories: 2.0
Taxes: $1,698 / year
Year Built: 1920

Feature Descriptions

Exterior: Frame
Parcel#: 109-13-026
Parking: Driveway
Patio/Porch: Porch
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Listed By / Shown By

Listed By

Agency Name: RE/MAX Haven Realty
Agency Contact: mike@theazzamgroup.com, 216-446-7606

Shown By

Agent Name: Emma Sulek
Agent Phone: (419) 320-6353
Agency Title: Sulek & Experts Real Estate

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Estimated Payment

$ 519.08 per month $333.83 Principal & Interest $141.50 Property Tax $43.75 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/04/2026. The listing information on this page last changed on 09/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 09/04/2026 12:04:34 AM EST) or Wheeling MLS (last updated Thu 09/03/2026 10:37:19 PM EST) or MLS NOW (last updated Fri 09/04/2026 12:02:44 AM EST). Real estate listings held by brokerage firms other than Sulek & Experts Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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