6448 Ridge Road, Parma, OH 44129
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by: michael l magno
Office: keller williams living
MLS#:5193590
Source:OH_NORMLS
Price summary
- Price:$399,000
- Price per sq. ft.:$99.75
About this home
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***...
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Home facts
- Year built:1978
- Listing ID #:5193590
- Added:46 day(s) ago
- Updated:March 31, 2026 at 07:17 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:5
- Full bathrooms:3
- Half bathrooms:2
- Rooms Total:14
- Basement:Yes
- Living area:4,000 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Gas
- Central air:Yes
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1978
- Building area:4,000 sq. ft.
- Lot area:0.17 Acres
- Lot Features:Wooded/Treed
- Construction Materials:Brick
- Exterior Features:Wooded
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$399,000
- Price per sq. ft.:$99.75
- Tax amount:$6,822 (2024)
Parking
- Parking description:Detached, Garage, Paved
- Garage:Yes
- Garage spaces:3
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