11230 Parklawn Drive, Loveland, OH 44108 - Photo 1

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$369,000 Just Listed

For Sale
Active
Multi-Family
8 Total Beds
Updated 1 day ago

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Property Description

Solid cash-flowing 4-unit multifamily producing $4,182/month in guaranteed Section 8 rental income. All units are fully updated, offering low-maintenance ownership and immediate returns from day one. Tenants are already in place with government-backed rent, providing consistent and reliable cash flow, with potential for future increases through CMHA. Spacious layouts and abundant natural light enhance tenant appeal, while the dead-end street location adds privacy and desirability. Property Features include: 2024 resurfaced roof, 2024 furnaces (2), updated electrical boxes, all remodeled kitchens and baths, 2025 freshly painted interior and exterior, 2024-2025 new windows, and more.. This property also has a Lead Safe Certificate with the city of Cleveland... inquire while it lasts!

Full Property Details

Full Property Details for 11230 Parklawn Dr

General

Price: $369,000
Taxes: $3,183 (2024)
Status: Active
Type: Multi-Family
Source: 505
MLS ID: 5185699
Updated: 2/8/2026
Added to Site: 3 day(s) ago

Interior

Number of Rooms: 20

Rooms

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 4

Bedrooms

Total Bedrooms: 8

Other Rooms

Laundry: Common Area

Parking

Parking Features: No Garage, Paved

Location

County: Cuyahoga
Township: Cleveland
Subdivision: Park
Driving Directions: Off of lakeview
Direction Faces: North

School Information

Elem School District: Cleveland Municipal - 1809
Midd School District: Cleveland Municipal - 1809
High School District: Cleveland Municipal - 1809

Heating & Cooling

Cooling Type: None
Heating Type: Forced Air, Gas

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

# Buildings: 1
Construction: Brick
Basement: Yes
Basement Desc.: Full, Unfinished
Roof: Rubber, Tile
Stories/Levels: 2
Square Feet: 4,100
Living Area: 4,100 Sq. Ft.
Finished Above Grnd: 4,100 Sq. Ft.
Year Built: 1926
Year Built Source: Public Records

Lot Features

Lot Size (Acres): 0.0918
Lot Size: .0918
Lot Size Source: Public Records

Financial Considerations

Tax Amount: $3,183
Tax Year: 2024
Tenant Pays: Electricity, Gas, Heat

Disclosures and Reports

Legal Description: 371 PKLAWN 0018 ALL
Disclosures/Rstr.: Owner Is Listing Agent
Property ID: 110-18-046

Listed by Keller Williams Elevate, Cartier L Reed

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Listing agent

— 11230 Parklawn Dr —

Cartier L Reed

Keller Williams Elevate

(216) 772-3562

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NMLS#: 1598647

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Schools

Schools serving 11230 Parklawn Dr

School District:Cleveland Municipal School District

Name	Grades	Distance
Glenville High School 650 East 113th Street, Cleveland, OH 44108	9-12	0.2 mi
Franklin D. Roosevelt 800 Linn Drive, Cleveland, OH 44108	PK-8	0.2 mi
Stephanie Tubbs Jones 11901 Durant Avenue, Cleveland, OH 44108	PK-8	0.2 mi
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111	9-12	11.4 mi
Cleveland School Of The Arts High School 2064 Stearns Road, Cleveland, OH 44106	9-12	2.4 mi
John Hay School Of Science & Medicine 2075 Stokes Boulevard, Cleveland, OH 44106	9-12	2.4 mi
John Hay School Of Architecture & Design 2075 Stokes Boulevard, Cleveland, OH 44106	9-12	2.4 mi
Mary M Bethune 11815 Moulton Avenue, Cleveland, OH 44106	PK-8	1.1 mi
Michael R. White 975 East Boulevard, Cleveland, OH 44108	PK-8	1.1 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 11230 Parklawn Dr Get Price Alerts and Save Property

Date

Details

Price

Change

Source

2/06/2026

Listed

$369,000

117.06%

MLS

2/08/2024

Sold

$170,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 11230 Parklawn Dr

Year

Property Taxes

Change

Tax Assessment

Change

2024

$3,183

—

$30,840

16%

2023

$3,183

20%

$26,670

—

2022

$2,660

—

$26,670

—

2021

$2,668

$26,670

12%

2020

$2,474

-13%

$23,800

—

2019

$2,842

25%

$23,800

—

2018

$2,271

$23,800

15%

2017

$2,105

—

$20,720

—

2016

$2,105

—

$20,720

—

2015

$2,110

-15%

$20,720

-16%

2014

$2,484

$24,680

—

2013

$2,446

—

$24,680

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 11230 Parklawn Dr

11230 Parklawn Drive, Loveland, OH 44108 (MLS# 5185699) is a Multi-Family property with units containing 8 bedrooms and 4 full bathrooms. 11230 Parklawn Drive is currently listed for $369,000 and was received on February 06, 2026. Want to learn more about 11230 Parklawn Drive? Do you have questions about finding other Multi-Family real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

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11230 Parklawn Dr Loveland, OH 44108