12711 N Parkway Drive, Garfield Heights OH 44105

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Pending

$949,000

12711 N Parkway Drive, Garfield Heights, OH 44105

bedrooms

bathrooms

square feet

Acreage

1.164

Open Houses

year built

1926

Full Baths

Half Baths

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Investor's Dream in Cleveland, OH! This turnkey, cash-flowing portfolio includes nine properties spanning 12 units—three duplexes and six single-family homes—with a double-digit cap rate and nearly 20% cash-on-cash return. All tenant-occupied, these properties generate strong, stable cash flow, with most tenants holding Section 8 vouchers at excellent rent rates. Some units are still under market rent, offering value-add potential by re-leasing at market rate or to voucher tenants. Many of the properties have received updates, including four or five with full interior renovations. Don’t miss this rare opportunity for a hassle-free, high-return investment!

Location
Subdivision	Birchdale Ave Ne
County	Cuyahoga
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 5084899

Listing agent: Tal Tamir #2018001908

Listing broker: Russell Real Estate Services (440) 268-9491

Last update: Wednesday, January 15 2025 at 12:04 a.m. EST

Kotohomes National