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$355,000
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Property Description
Unlock the potential with this standout Cleveland investment opportunity! This all-brick eight-unit property offers immediate income with Four units currently rented, while several vacant units need a small rent-ready to position back 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're 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't miss your chance to maximize income and create equity through strategic improvements!
Full Property Details
Full Property Details for 975 Parkwood Dr
General
- Price: $355,000
- Taxes: $11,514 (2025)
- Status: Active
- Type: Apartment
- Source: 505
- MLS ID: 5237406
- Updated: 8/31/2026
- Added to Site: 28 day(s) ago
Parking
- Parking Features: No Garage, Parking Lot
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Amor & Carpenter
- Driving Directions: Between Primrose and Earle Ave; property is on the east side of Parkwood Dr.
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: Hot Water, Steam
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Basement: Yes
- Basement Desc.: Full
- Roof: Composition, Flat
- Stories/Levels: 2
- Current Bldg. Use: Multi-Family
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.2597
- Lot Size: .2597
- Lot Size Source: Assessor
- Zoning: Multi-Family
- Fencing (Description): Brick, Masonry
Financial Considerations
- Tax Amount: $11,514.24
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: 370 A&C 0127 ALL
- Disclosures/Rstr.: Principal is Real Estate Licensed
- Property ID: 109-20-048
Listed by B2B Realty, Ryan Walsh
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Schools
Schools serving 975 Parkwood Dr
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Franklin D. Roosevelt 800 Linn Drive, Cleveland, OH 44108 | PK-8 | 0.3 mi |
Stephanie Tubbs Jones 11901 Durant Avenue, Cleveland, OH 44108 | PK-8 | 0.4 mi |
Glenville High School 650 East 113th Street, Cleveland, OH 44108 | 9-12 | 0.6 mi |
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 11.1 mi |
John Hay School Of Science & Medicine 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 2 mi |
John Hay School Of Architecture & Design 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 2 mi |
John Hay Early College High School 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 2 mi |
Mary M Bethune 11815 Moulton Avenue, Cleveland, OH 44106 | PK-8 | 0.8 mi |
Michael R. White 975 East Boulevard, Cleveland, OH 44108 | PK-8 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 975 Parkwood Dr
Date
Details
Price
Change
Source
8/31/2026
Listed
$355,000
-0.56%
MLS
7/28/2023
Sold
$357,000
—
Public Record
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 975 Parkwood Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,514
—
$111,125
—
2024
$11,469
—
$111,130
-9%
2023
$11,469
-6%
$122,510
—
2022
$12,219
—
$122,510
—
2021
$12,254
116%
$122,500
125%
2020
$5,670
6%
$54,530
—
2019
$5,338
3%
$54,540
—
2018
$5,205
74%
$54,540
85%
2017
$2,993
—
$29,470
—
2016
$2,995
—
$29,470
—
2015
$3,002
-5%
$29,470
-6%
2014
$3,156
2%
$31,360
—
2013
$3,108
—
$31,360
—
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 975 Parkwood Dr
975 Parkwood Drive, Loveland, OH 44108 (MLS# 5237406) is a Apartment property. 975 Parkwood Drive is currently listed for $355,000 and was received on August 31, 2026. Want to learn more about 975 Parkwood Drive? Do you have questions about finding other Apartment real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

