See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

957 Parkway Rd, Cleveland, OH, 44108

7beds
3baths
4,265sqft
$165,000
$39price/sqft
$1,957/moest. monthly cost
$78,280/yrincome needed

About This Home

ATTENTION INVESTORS! Turnkey, income-producing property generating strong and consistent cash flow with immediate upside potential. This well-kept asset features three units currently rented at $875, $700, and $677 per month (not section 8), bringing in solid monthly income from day one. The interior of the property has been maintained and offers functional layouts that continue to attract and retain tenants. While the property is performing well, there are minor exterior repairs needed—providing an opportunity for a value-add investor to increase curb appeal and further enhance long-term appreciation. Overall, this is a great opportunity to secure a stabilized investment with reliable tenants already in place, while still leaving room to improve and increase value. Showings after accepted offer only. Do not disturb tenants. No wholesalers. No owner financing. Qualified buyers only.

Getting Around

55
WalkingSomewhat Walkable
49
TransitSome Transit
44
BikeSomewhat Bikeable

Schools

3/10
3/10
Glenville High SchoolGrades 2,8-120.6 mi
4/10

Construction

Condition

  • Year built: 1900

Materials

  • Roof: Asphalt,Fiberglass
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex,Multi Family

Interior

Appliances

  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Finished area below ground: 1,214
  • Finished area above ground: 3,051

Heating & Cooling

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

Interior Area

  • Total structure area: 4,265
  • Total interior livable area: 4,265 sqft

Property

Details

  • Parcel number: 11023018

Features

  • Levels: Three Or More
  • Stories: 3

Lot

  • Lot size: 4,878 sqft

Parking

  • Total spaces: 1
  • Parking features: Detached,Garage,Paved
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tsunami

FEMA Declared Disasters Across Ohio Counties

Flood
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $834$10,008
Home Insurance *$407$4,884
Property Taxes $259$3,108
Electricity $457$5,489
Total$1,957$23,484
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$67,097/yr
40% on housing$58,710/yr
45% on housing$52,186/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$39This listing

vs Other Active Listings

Avg $/sqft

ZIP 44108$79
Cuyahoga County$124

vs Homes Sold Last Month

Median $/sqft

ZIP 44108$63
Cuyahoga County$144

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-10Listed for sale$165,000
2023-09-11Sold$141,500
2023-08-03Pending sale$139,000
2023-07-25Listed for sale$139,000
2023-03-28Sold$20,000
2023-03-03Pending sale$29,500
2023-03-03Listed for sale$29,500
2023-03-01Pending sale$29,500
2023-02-18Price change$29,500
2023-02-14Price change$39,500
2023-02-01Listed for sale$42,000
2019-09-24Listing removed$63,500
2019-08-08Listed for sale$63,500
2011-03-24Listing removed$55,000
2008-10-28Sold$4,500
2008-08-06Listed for sale$55,000
2008-02-04Sold$38,667
2006-09-07Sold$97,500
2004-01-15Sold$26,667
1999-04-09Sold$80,000

For Sale by Agent

AgentChristopher A Frederick
BrokerageColdwell Banker Schmidt Realty

Similar Homes