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2 Beds
2 Baths
1,044 sqft

$134,000

4849 Grace Road 228, North Olmsted OH, 44070

Price per sqft$128.35
Built in1975
Property size1,044 sqft
Property typeCondominium

Overview

Active

Listed Aug 18, 2026

Updated Aug 29

This well-maintained condo in North Olmsted offers an attractive opportunity for investors looking to add an income-producing property to their portfolio. Featuring 2 bedrooms, 2 full bathrooms, and over 1,000 square feet of comfortable living space, the unit offers a practical layout with plenty of room for everyday living. The property features a durable stucco exterior, forced-air heating, and the added convenience of an attached underground one-car garage. Inside, the condo has been nicely updated with luxury vinyl plank flooring, fresh neutral-colored paint, and upgraded electrical and lighting fixtures, creating a clean and modern interior. Located within the Tudor House condominium community, residents also have access to community amenities including a swimming pool. The unit is currently tenant occupied and generating $1,450 per month in rental income on a month-to-month lease, making it a great option for investors seeking an established rental with immediate cash flow. Conveniently located near Hampton Inn North Olmsted Cleveland Airport, Olive Garden, Birch Primary School, Cuyahoga Community College Westshore Campus, and UH St. John Medical Center. The property also offers easy access to major roads, public transportation, shopping, schools, parks, restaurants, and other local amenities. Full-service property management is available with dedicated teams for leasing, marketing, and tenant relations, as well as rehab and construction services for remote investors. With an existing tenant, solid monthly rental income, updated interior finishes, garage parking, and community amenities, this North Olmsted condo is a strong addition to any rental portfolio. No wholesalers, seller financing, or low-ball offers.

$892/mo

Est. mortgage payment based on a $134,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
5237331

Interior Features

Bedrooms
2
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
4.67 Acres

Other Property Details

Taxes
$2,173
Tax Frequency
Annually
Association Fee Frequency
Monthly
Garage
Yes
Pets Allowed
Yes

Courtesy of RE/MAX Haven Realty

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Katherine Jennings shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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