3016 Tuxedo Avenue, Parma, OH 44134 - $299,000

  • Beds: 4
  • Baths: 2 full
  • Sq. Feet: 0
  • Days on Site: 1
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3016 Tuxedo Avenue, Parma, OH 44134
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Comments for 3016 Tuxedo Avenue, Parma, OH 44134

Don't miss this excellent opportunity to own a fully updated duplex in the heart of Parma! Whether you're an investor looking to expand your portfolio or an owner-occupant interested in house hacking, this property offers the perfect combination of modern updates, rental income, and long-term value. Each unit features 2 bedrooms and 1 full bathroom with thoughtfully updated interiors. The kitchens have been renovated with stylish shaker cabinets, quartz countertops, and stainless steel appliances, creating a clean, modern look that appeals to today's tenants and homeowners alike. Both units also benefit from newer mechanicals, including furnaces, central A/C units, and hot water tanks, all replaced in 2019, providing peace of mind and reduced maintenance costs. The first-floor unit is currently rented on a month-to-month lease, offering immediate rental income with flexibility for the new owner. The vacant second-floor unit is move-in ready and includes a finished third-floor space that can serve as a third bedroom, home office, playroom, or additional bonus living area, adding exceptional versatility. This makes it ideal for an owner-occupant or for leasing at current market rents. Conveniently located near shopping, dining, parks, schools, and major highways, this duplex is positioned in a desirable Parma neighborhood with strong rental demand. Whether you're looking for a turnkey investment or an affordable way to offset your mortgage with rental income, this property checks all the boxes. Schedule your showing today!

$299,000

Estimated Monthly Payment: $1,085.15 (including taxes & insurance estimates)

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Property Details

City: ParmaProperty Type: Multi Unit - Multiple
Subdivision: Aupings Garden AllotmentLot Size: 0.11 Acres
School District: Parma CityGarage: 2
Bedrooms: 4Taxes: $3,990
Bathrooms: 2 fullStatus: Active
Year Built: 1927MLS#: 5231006

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Property Features

Property Type: Multi Unit - MultipleLot Size: 0.11 Acres
Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, WasherParcel#: 444-05-125
Basement: YesParking: Driveway, Detached, Garage
Basement: ConcreteRoof Type: Shingle
Cooling: Central AirSewer: Public Sewer
Days on Site: 1Stories: 3.0
Exterior: Aluminum Siding, BrickTaxes: $3,990
Garage: 2Water: Public
Heating: Forced AirYear Built: 1927

School Information

School District: Parma City

Listed By

Agency Name: Keller Williams Greater Metropolitan
Agency Contact: mariog.lukach@gmail.com, 216-905-2672

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 555-555-5555

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  • Demographics
  • Walk Score

Cuyahoga County Demographic Information

Fips
Fips Code39035
Population
2020 to 2025 Changedown 2.5%
2010 Count1,280,122
2020 Count1,264,817
2025 Estimate (V2025)1,232,925
2020 Estimate (V2025)1,264,775
Age Distribution (Years Old)
0 to 45.2%
5 to 1720.1%
18 to 6454.2%
65 and Older20.5%
Gender
Male48.0%
Female52.0%
Place of Birth
Foreign7.7%
US92.3%
Education
High School Graduate, Age 25+91.5%
Bachelor's Degree or Higher, Age 25+36.5%
Computer and Internet use
Households with a computer94.0%
Households with a broadband Internet subscription89.5%
Language
English is Second Language, Age 5+12.3%
English is First Language, Age 5+87.7%
Veterans
Veterans54,264
Income
Per Capita Income$42,747
Median Household Income$64,468
People in Poverty14.9%
Commute
Average Work Commute Time24 minutes
Housing
Total Housing Units615,116
Households554,551
Average Household Size2.20
Owner-Occupied59.4%
Multi-Family34.9%
Owner-Occupied Median Value$195,400
Median selected monthly owner costs -with a mortgage$1,570
Median selected monthly owner costs -without a mortgage$671
Median gross rent$1,060
Building Permits
New Private Housing Issued 20241,685
Years at Residence
1 Year or More86.7%
Less Than 1 Year13.3%
Business and Employment
Private non-farm Establishments31,496
Private non-farm Employment681,543
Private non-farm Employment Growthup 0.7%
Nonemployer Establishments110,977
Number of Firms23,160
Business Production
Value of Shipments$23,225,392,000
Wholesale Trade$24,854,217,000
Retail Trade$16,920,714,000
Retail Sales Per Capita$11,914
Accommodation and Food Services$3,332,698,000
Land
Land Area457.19 sq. miles
Population Per Square Mile2,800

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