Solid, well-maintained 3-unit brick investment property located at 6448 Ridge Rd on the desirable south end of Parma. Built in 1971, this 8-bedroom building offers durable construction, functional layouts, and long-term stability in a high-demand suburban rental market. Current rents of $1,210, $1,255, and $1,017 provide immediate income, with long-term tenants in Units 1 and 2 in place since 2019. Tenants pay their own electric and gas, while the owner covers water/sewer and yard maintenance, keeping operations simple and predictable. A 3-car garage provides valuable off-street parking, supporting tenant retention and long-term desirability. Conveniently located near shopping, dining, major highways, and everyday amenities, this location consistently attracts quality tenants. A local professional property manager is currently in place and willing to remain, offering a seamless transition for out-of-area or hands-off investors. Do not disturb tenants or approach the property. Pics from before tenants moved in. Offered at $399,900, this is a stable, income-producing asset ideal for investors seeking reliable cash flow and long-term performance in one of Parma’s most consistent rental corridors. * * * MULTIPLE OFFERS RECEIVED, DEADLINE MON 3/23 at NOON * * *
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: 3
Parking
Features: Detached, Garage, Paved
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 3
# of Half Bathrooms: 2
Room Information
# of Rooms (Total): 14
Multi Unit Information
# Of Buildings: 1
Multi Unit Financial Information
Gross Income: $34,500
Unit Type 1
Three Bedroom
Unit Description: Unit 3, 3rd FLOOR
# of Units: 1
# of Bedrooms: 3
# of Bathrooms Total: 2
Area: 1380.0
Actual Rent: $1,255
Unit is Leased
Lease Expires: Monday, August 31, 2026
Unit Type 2
Three Bedroom
Unit Description: Unit 2, 2nd FLOOR
# of Units: 1
# of Bedrooms: 3
# of Bathrooms Total: 2
Area: 1380.0
Actual Rent: $1,210
Unit is Leased
Lease Expires: Sunday, May 31, 2026
Unit Type 3
Two Bedroom
Unit Description: Unit 1, Ground Floor
# of Units: 1
# of Bedrooms: 2
# of Bathrooms Total: 1
Area: 1000.0
Actual Rent: $1,017
Unit is Leased
Lease Expires: Sunday, May 31, 2026
Exterior
Building Information
Stories: 3
Year Built Source: Public Records
Roof Details: Asphalt, Fiberglass
Construction Details: Brick
Lot Information
Lot Size Area: 0.1664
Lot Size Acres: 0.1664
Lot Size Source: Assessor
Lot Features: Wooded
Property Information
Above Grade Finished Area: 4,000
Direction Faces: East
Financial
Tax Information
Annual Tax Amount: $6,822
Tax Year: 2024
Rental Information
Owner Pays: Sewer, Water
Tenant Pays: Cable TV, Electricity, Gas
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Forced Air, Gas
Public facts
Beds: 8
Baths: 4.0
Sq. Ft.: 2,760
Stories: 2.0
Lot Size: 7,248 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1971
Year Renovated: 1981
County: Cuyahoga County
APN: 44919044
Home facts updated by county records on Aug 24, 2026
Around this home
Schools
Thoreau Park Elementary School
Public K-4 • Assigned • 1.9mi
6/10
Greenbriar Middle School
Public 5-8 • Assigned • 2.1mi
6/10
Valley Forge High School
Public 9-12 • Assigned • 1.5mi
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)
29
16
36
23
55
35
64
44
67
51
81
63
85
68
81
64
78
59
66
48
51
38
38
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.4 hours in
June and 2.1 hours in December, placing it below the
U.S. average for solar exposure.
9.4 hrs
2.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$397,000 – $481,000
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