Turnkey investment opportunity in Parma! Well-maintained duplex featuring two 2-bedroom, 1-bath units. One unit is occupied by reliable month-to-month tenant with a strong payment history, who would like to remain, providing immediate rental income with future flexibility. Professional property management is in place and can transfer to the new owner for a seamless transition. Each unit offers an updated kitchen, refreshed bathroom, neutral paint, and maintained Mechanicals. Additional features include a shared basement with separate laundry hookups and storage, vinyl siding, storm windows, central A/C, and detached 2-car garage. Conveniently located minutes from I-480, this property offers strong rental appeal in a high-demand market. Whether you're expanding your portfolio or purchasing your first investment property, this duplex is a solid opportunity with immediate income and long-term upside.
Fantastic investment opportunity in Parma! This well-maintained duplex features two spacious 2-bedroom, 1-bathroom units with a total of 1,900 SF above grade. Both units are tenant-occupied (month-to-month) with reliable, on-time rent payments and tenants who would like to stay. Professional property management is already in place and can seamlessly transfer to the new owner. Each unit offers updated kitchens, refreshed bathrooms, neutral paint throughout, and separate 100-amp electric panels. Some vinyl replacement windows have been installed. The shared basement offers ample storage space and separate laundry hook-ups. Exterior updates include vinyl siding, storm windows, garage doors (2010, per previous owner), and central A/C. The property includes a 2-car garage, a partial privacy fence, and a mature oak tree providing natural shade. Located just minutes from I-480 and directly on the bus line—this is an ideal property for investors or owner-occupants looking to house hack. Don’t miss this cash-flowing duplex in a high-demand rental area!
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Garage/Carport Information
Has Garage
# of Garage Spaces: 2
Parking
Features: Garage, Off Street
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 2
Room Information
# of Rooms (Total): 10
Has Basement
Basement Information: Common Basement, Full, Unfinished
Laundry Information
Features: Common Area, In Basement
Equipment
Appliances: Dishwasher, Range, Refrigerator
Interior Features
Other Features: Ceiling Fan(s)
Multi Unit Information
# Of Buildings: 2
Unit Type 1
Two Bedroom
# of Bedrooms: 2
# of Bathrooms Total: 1
Unit Type 2
Two Bedroom
Unit Description: mtm
# of Bedrooms: 2
# of Bathrooms Total: 1
Unit is Leased
Exterior
Building Information
Stories: 2
Year Built Source: Public Records
Roof Details: Asphalt, Fiberglass
Construction Details: Vinyl Siding
Exterior Features
Security Features: Smoke Detector(s)
Fencing: Wood
Lot Information
Lot Size Area: 0.1653
Lot Size Acres: 0.1653
Lot Size Source: Assessor
Property Information
Above Grade Finished Area: 1,900
Above Grade Finished Area Source: Public Records
Foundation Details: Block
Financial
Tax Information
Annual Tax Amount: $3,723.93
Tax Year: 2025
Rental Information
Tenant Pays: All Utilities
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Cooling: Ceiling Fan(s)
Has Heating
Heating: Forced Air, Gas
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,900
Stories: 2.0
Lot Size: 7,200 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1950
Year Renovated: 1965
County: Cuyahoga County
APN: 44703022
Home facts updated by county records on Oct 12, 2026
Around this home
Schools
John Muir Elementary School
Public K-4 • Assigned • 0.9mi
6/10
Shiloh Middle School
Public 5-8 • Assigned • 0.9mi
4/10
Normandy High School
Public 9-12 • Assigned • 2.9mi
6/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 95° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Parma, OH • 44134
Average low and high temperatures (°F)
30
18
37
23
55
36
64
45
67
52
80
64
86
69
79
64
76
57
66
49
51
39
39
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 9% for direct sun exposure in Parma. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.7 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$237,000 – $286,000
Sell confidently with a local market expert in Parma.