Don't miss the opportunity to own this 6 Unit Muiti-family building in a prime location for rental income! Located in Parma, Ohio -10 minutes from Downtown Cleveland, great neighborhood for renters, low maintenance building with brick exterior and recently updated driveway and parking pad. Basement with coin laundry for additional income. Great rental income growth potential verse comparables in area! All units have been maintained by the current owner. Professionally cleaned/painted after each tenant. Updated electrical boxes, hot water tank, double pane windows, and appliances upgraded between tenants. Very low vacancy rate! This is a gem for any investor! Unit Mix: 5 - Units- l Bedroom, l Bath, approx. 500 sq ft. l Unit - Efficiency, 1 Bath, approx. 350 sq ft. Owner pays common area gas & electric, pays all water, sewer, garbage, and snow removal. Charges pet fees and coin laundry.
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.
Unit Description: Unit 2, 3, 4, - 1 Bed/bath, Pet fee - $20/month, month to month
# of Bedrooms: 1
# of Bathrooms Total: 1
Area: 500.0
Actual Rent: $725
Unit is Leased
Unit Type 4
Efficiency
Unit Description: Unit 1, month to month
# of Bedrooms: 1
# of Bathrooms Total: 1
Area: 360.0
Actual Rent: $525
Yes
Exterior
Building Information
Stories: 3
Stories (Total): 3
Year Built Source: Public Records
Roof Details: Composition, Flat
Construction Details: Brick
Lot Information
Lot Size Area: 0.177
Lot Size Acres: 0.177
Lot Size Source: Assessor
Property Information
Above Grade Finished Area: 4,386
Above Grade Finished Area Source: Public Records
Financial
Tax Information
Annual Tax Amount: $8,516
Tax Year: 2025
Rental Information
Owner Pays: Common Area Maintenance, Insurance, Repairs, Snow Removal, Taxes, Trash Collection
Tenant Pays: All Utilities, Internet
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Has Heating
Heating: Forced Air, Gas, Hot Water, Steam
Public facts
Beds: —
Baths: —
Sq. Ft.: 4,386
Stories: 3.0
Lot Size: 7,710 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1945
Year Renovated: 1979
County: Cuyahoga County
APN: 44912005
Home facts updated by county records on Oct 12, 2026
Around this home
Schools
Thoreau Park Elementary School
Public K-4 • Assigned • 1.4mi
6/10
Greenbriar Middle School
Public 5-8 • Assigned • 2.1mi
6/10
Valley Forge High School
Public 9-12 • Assigned • 2.0mi
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 • 44129
Average low and high temperatures (°F)
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16
36
23
55
35
64
44
67
51
81
63
85
68
79
62
78
56
66
48
51
38
38
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
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Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 13% for direct sun exposure in Parma. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.