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$234,500
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Property Description
This well-maintained, cash-flowing duplex is an excellent opportunity for investors looking to add a strong income-producing property to their portfolio! Each unit features 2 bedrooms and 1 full bathroom, a spacious living room, a functional kitchen with an adjoining dining area, and access to a shared basement that offers additional storage and value-add potential. Both units also include a rear sunroom, providing extra living space for tenants to enjoy. The property is fully occupied, with the lower unit renting for $1,065 per month and the upper unit for $930 per month, both on month-to-month leases. The upper tenant also rents a basement room for an additional $90 per month, creating extra monthly income. Tenants pay their own gas and electric, while water and sewer are shared. Situated on a corner lot, this Cape Cod-style duplex features an enclosed front porch, detached 2-car garage, shared basement with washer and dryer hookups and a utility sink, plus separate furnaces and central A/C units for each apartment. Recent updates include luxury vinyl plank flooring and refinished hardwood floors in the lower unit, replacement hot water tanks, garage doors, kitchen appliances, replacement windows, masonry improvements, and a new front door. Conveniently located in Parma, just minutes from Evergreen Lake with easy access to I-480, this property is also close to shopping, restaurants, parks, schools, public transportation, and all local amenities, making it a fantastic turnkey investment. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! Whether you're expanding your portfolio or purchasing your first multifamily investment, this turnkey income-producing property is one you won't want to miss. No wholesalers. No Seller financing. No low ball offers.
Full Property Details
Full Property Details for 7601 Wooster
General
- Sold For: $234,500
- Taxes: $3,603 (2025)
- Status: Closed
- Type: Duplex
- Source: 505
- MLS ID: 5230082
- Added to Site: 23 day(s) ago
Interior
- Number of Rooms: 9
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: In Basement
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Driveway, Detached, Garage
Location
- County: Cuyahoga
- Township: Parma
- Subdivision: Wooster Park
- Driving Directions: Off Pearl Road, between Arden Avenue and Ridgefield Avenue
School Information
- Elem School District: Parma CSD - 1824
- Midd School District: Parma CSD - 1824
- High School District: Parma CSD - 1824
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Aluminum Siding, Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Partially Finished
- Roof: Asphalt, Fiberglass
- Stories/Levels: 2
- Square Feet: 2,312
- Living Area: 2,312 Sq. Ft.
- Finished Above Grnd: 1,808 Sq. Ft.
- Finished Below Grnd: 504 Sq. Ft.
- Year Built: 1947
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.1175
- Lot Size: .1175
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $3,603
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, Other, VA Loan
Disclosures and Reports
- Legal Description: 5 WOOS PK 0078 ALL
- Disclosures/Rstr.: Principal is Real Estate Licensed
- Property ID: 443-02-094
Listed by RE/MAX Haven Realty, Michael Azzam
Sold by Keller Williams Elevate, Lici Hoover
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Schools
Schools serving 7601 Wooster
School District:Parma City School District
| Name | Grades | Distance |
|---|---|---|
Thoreau Park Elementary School 5401 W 54th St, Parma, OH 44129 | K-4 | 0.9 mi |
Shiloh Middle School, Parma, OH 2303 Grantwood Drive, Parma, OH 44134 | 5-7 | 2.2 mi |
Valley Forge High School 9999 Independence Boulevard, Parma Heights, OH 44130 | 8-12 | 2.7 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 7601 Wooster
Date
Details
Price
Change
Source
8/13/2026
Sold
$234,500
-2.25%
MLS
7/23/2026
Listed
$239,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7601 Wooster, Parma, OH 44129 (MLS# 5230082) is a Duplex property that was sold at $234,500 on August 13, 2026. Want to learn more about 7601 Wooster? Do you have questions about finding other Duplex real estate for sale in Parma? You can browse all Parma real estate or contact a Coldwell Banker agent to request more information.
