4 months on rocket

994 Parkwood, Cleveland, OH, 44108

$162,000

Home List Price

$1,924*

Closing Credit

5 Bedrooms
1 Full Bath
1,788 SqFt
$91/SqFt
House
Schools Nearby

Location

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994 Parkwood, Cleveland$162,000

Buyer Closing Credits

$1,924*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Paved
Year Built1920
HeatingForced Air, Natural Gas
CoolingNone
BasementYes
MLS #5008148
Lot Size0.11 Acres
StatusActive

About 994 Parkwood

Investment Opportunity in Cleveland, Ohio! Welcome to this fantastic 5-bedroom, 1-bathroom Colonial. Currently tenant occupied, this property promises a steady rental income stream for savvy investors. Key Features: • 5 Bedrooms, 1 Bathroom: Spacious layout provides ample living space for tenants. • Tenant-Occupied: Immediate income generation with reliable tenants already in place. • Onsite Laundry: Convenience for tenants and an added attraction for potential renters. • Investment Potential: Take advantage of the real estate market in Cleveland for long-term gains. Recent updates made to upstairs electrical, HVAC, plumbing, siding, roof, and more! This property not only offers a sound investment but also the peace of mind that comes with a property already generating rental income. Don’t miss this opportunity to add a valuable asset to your investment portfolio. Contact us today for more details and to schedule a viewing!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1920
  • Stories: 2
  • Living Area: 1,788 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Professional Realty
  • Office Phone: (440) 313-2477
  • Listing Agent: Jacob D Sudnick

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Porch

Parking Information:

  • Attached Garage: No
  • Parking: Driveway, Paved

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: Off of Superior Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $162,000
  • Price Per SqFt: $91/SqFt
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Housing Market Comparison

See how this home compares to others in Cleveland, OH.

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Cleveland, OH

City

Med. Sold Price

$157.2K

Med. Price/SqFt

$95

Avg. Days On Market

45

# of Sold Homes

634

994 Parkwood vs Cleveland

127 DAYS ON ROCKET

+82 Days

$162,000

+$4.7K More

$91/SqFt

-$4 Less

KEY TAKEAWAY

This property is $4.7K more than the Median Sold Price and $4/SqFt less than other homes in Cleveland, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5008148

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Professional Realty
  • Office Phone: (440) 313-2477
  • Listing Agent: Jacob D Sudnick

IDXCopyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is 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. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 8:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$876

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$552

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2066500
3
/10

  • Citizens Academy East

  • 12523 Woodside Ave

  • 0.84 miles

  • Public Charter Grades KG-3

school-card-donut-2066501
3
/10

  • Mayfair Elementary School

  • 13916 Mayfair Ave

  • 1.32 miles

  • Public District Grades KG-6

school-card-donut-2066502
3
/10

  • Chambers Elementary School

  • 14121 Shaw Ave

  • 1.58 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,118. The majority of Cleveland, OH residents have income less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 994 Parkwood

What is the listing price of this property?

The listing price of 994 Parkwood property is $162,000.

What type of property is this?

The property 994 Parkwood is a house located in Cleveland, Ohio, 44108.

Is this property for sale now?

Active Listing: 994 Parkwood is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 994 Parkwood has 5 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 994 Parkwood is 1,788 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 994 Parkwood is 1920.

Rocket Homes›Ohio›Cuyahoga County›Cleveland›44108›994 Parkwood

This home is located at 994 Parkwood in Cleveland, OH and zip code 44108 in the Glenville neighborhood. This 1,788 square foot home, which was built in 1920, sits on a 0.11 acre lot. Features: 5 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 22, 2023 and is currently priced at $162,000.

While more than 217 listings in Cleveland, OH in March 2024 were sold above asking price, there were more than 99 listings sold at asking price, and more than 318 were sold below. The inventory of homes for sale in Cleveland, OH between February 2024 and March 2024 increased by 5.3%. In March 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $157,247.

From Rocket Homes Real Estate and based on county public records data.

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