Property photo 1
3 Beds
3 Baths
1,472 sqft

$155,000

7970 Mentor Avenue O7, Mentor OH, 44060

Price per sqft$105.30
Built in1972
Property size1,472 sqft
Property typeCondominium

Overview

Active

Listed Nov 11, 2026

Updated 9h ago

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.

$1,031/mo

Est. mortgage payment based on a $155,000 home price.

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

Additional information

MLS® ID
5260322

Interior Features

Bedrooms
3
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$1,512
Tax Frequency
Annually
Association Fee Frequency
Monthly
Secondary Association Fee
$512
Secondary Association Fee Frequency
Monthly
Garage
Yes
Municipality
Mentor
Pets Allowed
Yes

Courtesy of Platinum Real Estate

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 Christopher Wertz shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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