6118 Ridge Road, Parma, OH 44129

Parma
Local realty services provided by:Better Homes and Gardens Real Estate Central
6118 Ridge Road,Parma, OH 44129
$560,000
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  • 6 Beds
  • 6 Baths
  • 4,386 sq. ft.
  • Multi-family
  • Active
Listed by: halle c rahz
Office: century 21 homestar
MLS#:5206072
Source:OH_NORMLS

Price summary

  • Price:$560,000
  • Price per sq. ft.:$127.68

About this home

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.

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Home facts

  • Year built:1945
  • Listing ID #:5206072
  • Added:11 day(s) ago
  • Updated:May 13, 2026 at 02:17 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:6
  • Full bathrooms:6
  • Kitchen Description:Dishwasher, Range, Refrigerator
  • Basement:Yes
  • Basement Description:Common Basement
  • Living area:4,386 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas, Hot Water, Steam

Structure and exterior

  • Roof:Flat
  • Year built:1945
  • Building area:4,386 sq. ft.
  • Lot area:0.18 Acres
  • Construction Materials:Brick
  • Levels:3 Stories

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$560,000
  • Price per sq. ft.:$127.68
  • Tax amount:$8,516 (2025)

Features and amenities

  • Appliances:Dishwasher, Range, Refrigerator, Washer
  • Laundry features:Dryer, Washer
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