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Commercial Real Estate for Sale at 975 Parkwood Drive in Cleveland, OH for $400,000

Listing data last changed 05/23/2026 - 1:08am
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975 Parkwood Drive | Cleveland

$400,000 | 0.0 Sq. Ft.

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\u0027re 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\u0027t miss your chance to maximize income and create equity through strategic improvements! MLSNow 5212684 Directions to property: Between Primrose and Earle Ave, home is one East side of street.

MLS Listing ID: 
MLSNow 5212684
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$400,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Cleveland
Address: 
975 Parkwood Drive, Cleveland, OH 44108
County: 
Cuyahoga
Latitude: 
41.5313280
Longitude: 
-81.6097580
Directions: 
Between Primrose and Earle Ave, home is one East side of street.
Public Remarks: 
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\u0027re 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\u0027t miss your chance to maximize income and create equity through strategic improvements!
Community Information
School District: 
Cleveland Municipal - 1809
Subdivision: 
Amor \u0026 Carpenter
Building Details
Details about the building on a property.
Year Built: 
1920
Living Area: 
0.0
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Hot Water,Steam
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.26
Lot Size (Area): 
0.26
Public Record
Parcel Number: 
109-20-048
Annual Tax: 
$11,495.18
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
B2B Realty

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