Property Description

Rare opportunity on one of the most desirable streets in University Heights! This unique corner property is zoned for both residential and commercial use, opening the door to endless possibilities?renovate and create your dream home, design a live/work space, or explore development potential. The spacious footprint of the first floor offers a flexible layout featuring a large living room that flows into the dining area, kitchen, and family room with built-in features. A extra large first-floor primary suite offers tremendous potential with dual closets and an en suite bath with vaulted ceilings and a jetted tub. A half bath and generous laundry room complete the main level. Upstairs you'll find three additional bedrooms and a full bath that just await your touch. The finished lower level includes a large rec room with a built-in bar, an additional bathroom, and ample storage space. Whether you're looking to renovate, build new, or take advantage of the mixed-use zoning, this is a rare chance to create something special in a prime location!

4520 University Parkway | MLS# 5191396

This single family home located at 4520 University Parkway, University Heights, OH 44118 is currently listed for sale with an asking price of $850,000. This property was built in 1965 and has 4 bedrooms and 2 full and 2 partial baths. University Parkway is located in the Warrensville subdivision within the Cleveland Hts-Univer - 1810 school district. Search Warrensville real estate on 9590shawneetrail.cutlerhomes.com today.

Property Features

Property Type: Residential - Single Family

Basement: Yes

Basement: Full, Unfinished

Cooling: Central Air

Days on Market: 1

Garage: 2 car attached

Heating: Forced Air, Gas

Home Style: Cape Cod

Lot Size: 0.33 Acres

Roof Type: Asphalt, Fiberglass

Stories: 2.0

Taxes: $17,436 / year

Year Built: 1965

Amenities

Bookcases

Built-in Features

Ceiling Fan(s)

Entrance Foyer

Eat-in Kitchen

Granite Counters

His and Hers Closets

Primary Downstairs

Multiple Closets

Storage

Feature Descriptions

Appliances: Dryer, Washer

Exterior: Vinyl Siding

Fencing: Chain Link, Full

Laundry: Main Level

Lot: Corner Lot

Parcel#: 721-21-071

Parking: Attached, Garage, Paved

Patio/Porch: Patio

Sewer: Public Sewer

Water: Public

Room Sizes

Recreation: 33.6 X 14.9 Level - Basement

Bathroom: 8.5 X 7 Level - Second

Bedroom: 13 X 11.5 Level - Second

Bedroom: 14.6 X 9.1 Level - Second

Bedroom: 22.2 X 15.1 Level - Second

Bathroom: 411 X 7 Level - First

Primary Bathroom: 11.2 X 14.9 Level - First

Primary Bedroom: 17.11 X 14.1 Level - First

Laundry: 22 X 6.5 Level - First

Family Room: 17 X 12.3 Level - First

Kitchen: 9.11 X 15 Level - First

Dining Room: 11.11 X 12.7 Level - First

Living Room: 23.3 X 14.8 Level - First

Local Schools

School District: Cleveland Hts-Univer - 1810

Market Trends

Cuyahoga County Residential Market Trend Graphs

Zip Code 44118

Source: Delta Media Group, Inc.

Demographics

Cuyahoga County Demographic Information for 4520 University Parkway, University Heights, OH 44118

Fips

Fips Code 39035

Population

2020 to 2023 Change down 2.5%

2010 Count 1,280,122

2020 Count 1,264,817

2023 Estimate (V2023) 1,233,088

2020 Estimate (V2023) 1,264,775

Age Distribution (Years Old)

0 to 4 5.3%

5 to 17 20.3%

18 to 64 54.8%

65 and Older 19.6%

Gender

Male 48.1%

Female 51.9%

Place of Birth

Foreign 7.6%

US 92.4%

Education

High School Graduate, Age 25+ 90.9%

Bachelor's Degree or Higher, Age 25+ 35.2%

Computer and Internet use

Households with a computer 92.0%

Households with a broadband Internet subscription 85.7%

Language

English is Second Language, Age 5+ 12.3%

English is First Language, Age 5+ 87.7%

Veterans

Veterans 60,427

Income

Per Capita Income $39,807

Median Household Income $60,074

People in Poverty 16.6%

Commute

Average Work Commute Time 24 minutes

Housing

Total Housing Units 615,116

Households 552,421

Average Household Size 2.23

Owner-Occupied 58.4%

Multi-Family 34.9%

Owner-Occupied Median Value $168,700

Median selected monthly owner costs -with a mortgage $1,472

Median selected monthly owner costs -without a mortgage $630

Median gross rent $952

Building Permits

New Private Housing Issued 2023 1,028

Years at Residence

1 Year or More 86.1%

Less Than 1 Year 13.9%

Business and Employment

Private non-farm Establishments 31,738

Private non-farm Employment 631,443

Private non-farm Employment Growth up 0.7%

Nonemployer Establishments 105,877

Number of Firms 114,192

Business Production

Value of Shipments $23,225,392,000

Wholesale Trade $24,854,217,000

Retail Trade $16,920,714,000

Retail Sales Per Capita $11,914

Accommodation and Food Services $3,332,698,000

Land

Land Area 457.19 sq. miles

Population Per Square Mile 2,800

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 5,848.07 per month $4,147.15 Principal & Interest $1,453.00 Property Tax $247.92 Homeowner's Insurance

Change Payment Information

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 03/11/2026. The listing information on this page last changed on 03/11/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 03/11/2026 1:25:38 AM EST) or Dayton MLS (last updated Tue 03/10/2026 11:46:39 PM EST) or CBRMLS (last updated Wed 03/11/2026 12:44:40 AM EST) or Multiple Listing Service of Greater Cincinnati (last updated Tue 03/10/2026 11:53:36 PM EST) or NKY MLS (last updated Tue 03/10/2026 11:28:31 PM EST) or Wrist MLS (last updated Tue 03/10/2026 11:24:26 PM EST) or Firelands MLS (last updated Tue 03/10/2026 11:11:52 PM EST) or MLS NOW (last updated Wed 03/11/2026 12:17:37 AM EST). Real estate listings held by brokerage firms other than Cutler Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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4520 University ParkwayUniversity Heights, OH 44118