7970 Mentor Avenue Unit O7, Mentor, OH 44060

$155,000
3
BD
3
BA
1,472
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$155,000
Status
ACTIVE
Style
Conventional, Multiplex, Traditional
Stories
2
MLS#
5260322
Year Built
1972
Bedrooms
3
Bathrooms
3
Half-baths
2
Living Area
1,472
Region
Mentor
Township
Mentor
Subdivision / Building
Fairfax Manor Condo

Property Description

Excellent investment opportunity in the heart of Mentor! This spacious three-bedroom, three-bath condominium offers approximately 1,400 square feet of living space with an established tenant in place and an attractive estimated 10% cap rate. Conveniently located within half a mile of Mentor’s popular retail and dining corridor, the property offers easy access to Interstate 90 and State Route 2, along with nearby shopping, restaurants, employers, and everyday amenities. The three-bedroom layout provides an appealing alternative to traditional apartment living in an area where rental opportunities offering this amount of space are limited. With continued demand for well-located rental properties and an existing tenant who has expressed interest in remaining for several years, this is an excellent opportunity for an investor looking to add an income-producing property to their portfolio. The property is being sold as-is with the existing tenancy to remain. Additional financial information and showing details are available through the co-listing agent.

Additional Information

Taxes
$1,512
Sewer
Public Sewer
Roof
Asphalt, Fiberglass
Water
Public
Garage Spaces
1
Heating
Forced Air
Cooling
Central Air
School District
Mentor EVSD - 4304

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy of: Mark C Zervos, markzervosceo@gmail.com With Platinum Real Estate

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now and updated as of . Real estate listings held by brokerage firms other than Real Estate Company are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 MLS Now. All Rights Reserved.