Discover a fantastic investment opportunity with this well-maintained 3000 sq ft duplex, ideally located in a vibrant Parma neighborhood. With reliable, long-term tenants already in place, this property promises immediate rental income and offers significant potential for rent increases due to the growing local market.
In excellent turnkey condition, this duplex features spacious, modern living areas in each unit, ensuring comfort and appeal for residents. Benefit from a property that’s ready for you to step in and start earning right away, all while enjoying the stability of current tenants and the prospect of increased returns.
Sold for $265,000
$265,000
7404 Spring Garden Rd, Parma, OH 44129
6beds
4,410sqft
Duplex, Multi Family
Built in 1939
-- sqft lot
$278,600 Zestimate®
$60/sqft
$1,510 Estimated rent
Home value
$278,600
$254,000 - $306,000
$1,510/mo
Zestimate® history
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$1,844/mo
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Zillow last checked: 7 hours ago
Listing updated: February 21, 2025 at 08:15am
Listing Provided by:
Jacob L. Hamilton jacobhamiltonllc@gmail.com216-704-4960,
Real of Ohio
Bought with:
Noureddine Chehade, 2021006808
EXP Realty, LLC.
Source: MLS Now,MLS#: 5060005
Originating MLS: Akron Cleveland Association of REALTORS
Originating MLS: Akron Cleveland Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- Wall/Window Unit(s)
Features
- Basement: Partially Finished
Interior area
- Total structure area: 4,410
- Total interior livable area: 4,410 sqft
- Finished area above ground: 2,958
- Finished area below ground: 1,452
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Detached, Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.26 Acres
Details
- Parcel number: 44905070
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Aluminum Siding, Vinyl Siding
- Roof: Asphalt,Shingle
Condition
- Year built: 1939
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Parma
- Subdivision: Tuxedo Gardens
Price history
| Date | Event | Price |
|---|---|---|
| 2/21/2025 | Sold | $265,000$60/sqft |
Source:  MLS Now #5060005 Report a problem | ||
| 11/14/2024 | Sold | $265,000-7%$60/sqft |
Source: Public Record Report a problem | ||
| 9/11/2024 | Pending sale | $285,000$65/sqft |
Source: MLS Now #5060005 Report a problem | ||
| 9/3/2024 | Price change | $285,000-5%$65/sqft |
Source: MLS Now #5060005 Report a problem | ||
| 8/6/2024 | Listed for sale | $300,000+101.3%$68/sqft |
Source: MLS Now #5060005 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,906 +25.5% | $88,690 +46.2% |
| 2023 | $3,909 +0.6% | $60,660 |
| 2022 | $3,884 -3.3% | $60,660 |
Find assessor info on the county website
Neighborhood: 44129
Nearby schools
GreatSchools rating
- 6/10Thoreau Park Elementary SchoolGrades: K-4Distance: 1.1 mi
- 4/10Shiloh Middle SchoolGrades: 5-7Distance: 2 mi
- 6/10Valley Forge High SchoolGrades: 8-12Distance: 2.3 mi
Schools provided by the listing agent
- District: Parma CSD - 1824
Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$278,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$278,600
- Ohio
- Cuyahoga County
- Parma
- 44129
- 7404 Spring Garden Rd