Back 7601 Wooster Parkway
Off Market

7601 Wooster Parkway

Parma OH 44129

4
2
2
2312 sq. ft.
0.12 ac.
Duplex
Last sold for $234,500
Michael AzzamMichael Azzam, last sold this property on 13 August 2026 after 20 days on market.

Overview

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.

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
2312 sq. ft. floor area
0.12 ac. lot size
Duplex

Estimated Value

Based on this property and similar 4 bedroom duplexes sold in Parma over the last 12 months, the estimated median property value of 7601 Wooster Parkway is $270.2k.

Median value
$270.2k
Estimated value range
$156.5k - $305k
Median days on market
10
Estimated value trend
17%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Parma. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 7601 Wooster Parkway

2026
Sold
$234,500
13 Aug 2026 by Michael Azzam, of REMAX Haven Realty | Solon
2021
Sold
$163,000
30 Jun 2021 by Jeffrey Nickles, of Howard Hanna

Happy sellers in Parma

88%
88% of sellers in Parma reported that their sale price either exceeded or met their price expectations.

Parma stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Parma over the last 12 months.

Local market activity for 4 bedroom duplexes in Parma

In the last 12 months, 20 four-bedroom duplexes similar to 7601 Wooster Parkway, have been sold.

This represents a 81% decrease in four-bedroom duplexes sales when compared to the previous 12 months.

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