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    5240 State Rd Cleveland, OH 44134

    For Sale
    $265,000

    MULTI_FAMILY - Parma, OH

    Property size:
    2,232 SF
    Lot size:
    0.14 Acres
    Days on Market:
    22
    Last Refresh:
    Dec 11 at 5:06 am

    Property Features for 5240 State Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bedroom 2, Laundry Room, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 2
    Bedrooms
    4
    Bathrooms
    2
    APN
    443-29-023
    Fireplace
    1
    Appliances
    Range, Refrigerator
    Size
    2,232 SF
    Lot size
    0.14 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Fireplace(s), Natural Gas, Forced Air
    Water source
    Public

    Building Details

    Year built
    1926
    Floors in Building
    2
    Building materials
    WoodSiding
    Roof type
    Asphalt, Shingle

    KW Living (440) 318-1620 [email protected]

    Listing agent Christopher Trivisonno (440) 941-3854 License #2009003038

    Listing date Nov 20, 2025

    MLS# 5164130 Listing URL

    Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Maintained Duplex in Parma, OH

    This well-maintained duplex in Parma, OH, presents an excellent investment opportunity. The property features two spacious units. Each unit includes a living room, dining room, kitchen, two bedrooms, and one bathroom. Both units also have spacious porches. Recent updates include a new roof, an upgraded electrical system, and refreshed bathrooms in both units. The property offers versatility and long-term value, whether for expanding a rental portfolio or for living in one unit while renting out the other once the current lease expires. The lot size is 0.1393 acres, and the property size is 2232 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.710832
    Latitude
    41.417814

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    FAQs

    What type of property is this?
    Duplex - Excellent investment opportunity with two spacious units and recent updates.
    Where is this duplex located?
    The property is located at 5240 State Rd Cleveland, OH.
    What is the asking price?
    The asking price for this property is $265,000.
    What are key features of this property?
    This property features: - Well-maintained duplex with two spacious units, each featuring 2 bedrooms, 1 bathroom, living room, dining room, and kitchen.; - Recent updates include a new roof, upgraded electrical system, and refreshed bathrooms in both units.; - Excellent investment opportunity with versatility for rental income or owner-occupancy.
    (440) 941-3854
    Request Owner's contact information
    5240 State Rd Cleveland, OH 44134
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    Cleveland, OH 44134
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5240 State Rd Cleveland, OH 44134
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