$227,000
SOLD NOV 4, 2025

2506 Fortune Ave Parma, OH 44134

Parma Area
5 Beds
2 Baths
1,952 Sq Ft
5,602 Sq Ft Lot

Sale Details

Date Sold: November 4, 2025

$116 Per Sq Ft

1% Below List Price

14 Days on Market

Highlights

  • Double Pane Windows
  • Forced Air Heating System
  • Wood Fence

About This Home

As of November 2025

Two-family investment opportunity! Both units are securely leased through 2026, delivering awesome steady income and hassle-free tenant stability. Perfectly positioned in a desirable neighborhood, this well-maintained property offers spacious layouts and strong long-term cash flow—an ideal addition to any savvy investor’s portfolio. Don’t miss your chance to own a reliable, income-producing asset with great growth potential! Lot's of parkin

Last Agent to Sell the Property

Brett Young

Key Realty Brokerage Email: by56083@gmail.com, 216-703-5740 License #2015000279 Listed on: 08/12/2025

Key Realty

Last Buyer's Agent

Garrett Rowan

Home Equity Realty Group License #2025003866

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,455

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 5,602 Sq Ft Lot
  • Wood Fence

Home Design

  • Duplex
  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,952 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Laundry in unit
  • Basement

Kitchen

  • Range
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • No Garage
  • Driveway
  • Paved Parking
  • Additional Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • State Park Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 444-12-066

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,455

Year Built

Built in 1923 | Remodeled

Lot Details

5,602 Sq Ft Lot

Listing Details

  • MLS Status: Closed
  • Standard Status: Closed
  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1923
  • Attribution Contact: by56083@gmail.com, 216-703-5740
  • ResoSecurityFeatures: Carbon Monoxide Detector(s), Smoke Detector(s)
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: State Park
  • Above Grade Finished Sq Ft: 1952.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Reso Property Condition: Updated/Remodeled
  • ResoWindowFeatures: Double Pane Windows
  • Tax Year: 2024
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Common Basement
  • Basement: Yes
  • Appliances: Disposal, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Wood
  • Acres: 0.1286
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Additional Parking, Concrete, Driveway, No Garage, Off Street, Paved

Utilities

  • LaundryFeatures: In Unit
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Parma CSD - 1824

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 444-12-066

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Annual Amount: 3455.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2025
Closed on
Oct 20, 2025
Sold by
Luxury Estates By C S Inc
Bought by
Seller's Agent
Brett Young
Key Realty
Buyer's Agent
Garrett Rowan
Home Equity Realty Group
List Price
$229,000
Sold Price
$227,000
Premium/Discount to List
-$2,000
-0.87%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,600
Outstanding Balance
$180,209
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 31, 2023
Closed on
Nov 1, 2023
Sold by
Mlakar Raymond and Mlakar Mary
Bought by
Luxury Estates By C S Inc
Seller's Agent
Neil Lozar
Key Realty
Buyer's Agent
Brett Young
Key Realty
List Price
$189,900
Sold Price
$180,000
Premium/Discount to List
-$9,900
-5.21%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.84%
Original Mortgage
$126,000
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 1999
Sold by
Milojka Sarac and Sarac Branko
Bought by
Mlakar Raymond and Mlakar Mary

Purchase Details

Closed on
Jun 27, 1995
Sold by
Nacinovic Ivan
Bought by
Sarac Branko and Sarac Milojak

Purchase Details

Closed on
Jul 27, 1989
Sold by
Pozarelli Anthony S
Bought by
Nacinovic Ivan

Purchase Details

Closed on
May 23, 1986
Sold by
Lewis Terrence R
Bought by
Pozarelli Anthony S

Purchase Details

Closed on
Jul 25, 1984
Sold by
Mathoslah David N
Bought by
Lewis Terrence R

Purchase Details

Closed on
Jun 11, 1979
Bought by
Mathoslah David N

Purchase Details

Closed on
Jan 1, 1975
Bought by
H & J Enterprises Inc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Parma, OH

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $227,000 First Source Title
Warranty Deed $180,000 Infinity Title
Survivorship Deed $91,000 --
Deed $91,000 --
Deed $68,000 --
Deed $58,000 --
Deed $69,900 --
Deed $40,000 --
Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $181,600 New Conventional
Previous Owner $152,250 Credit Line Revolving
Previous Owner $126,000 New Conventional
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2025 11/04/25 Sold $227,000 -0.9% $116 / Sq Ft
08/26/2025 08/26/25 Pending -- -- --
08/25/2025 08/25/25 For Sale $229,000 0.0% $117 / Sq Ft
08/17/2025 08/17/25 Pending -- -- --
08/12/2025 08/12/25 For Sale $229,000 +27.2% $117 / Sq Ft
12/04/2023 12/04/23 Sold $180,000 0.0% $92 / Sq Ft View Prior Sale
09/07/2023 09/07/23 Off Market $180,000 -- --
09/07/2023 09/07/23 Pending -- -- --
08/31/2023 08/31/23 For Sale $189,900 -- $97 / Sq Ft
Source: MLS Now

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,322 $51,695 $10,745 $40,950
2024 $3,457 $51,695 $10,745 $40,950
2023 $3,338 $43,230 $8,820 $34,410
2022 $3,303 $43,225 $8,820 $34,405
2021 $3,391 $43,230 $8,820 $34,410
2020 $2,986 $33,250 $6,790 $26,460
2019 $2,827 $95,000 $19,400 $75,600
2018 $2,441 $33,250 $6,790 $26,460
2017 $2,346 $24,860 $5,080 $19,780
2016 $2,333 $24,860 $5,080 $19,780
2015 $2,073 $24,860 $5,080 $19,780
2014 $2,073 $25,340 $5,180 $20,160
Source: Public Records

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Map

Source: MLS Now

MLS Number: 5147219

MLS Now

APN: 444-12-066

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