5432 State Road, Parma, OH 44134
- Added:
- Oct 28, 2025
- Days on Market:
- 243
- Last Refresh:
- Jun 27 at 6:06 pm
Property Features for 5432 State Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 2, Basement, Bedroom 3, Bedroom 1
- Parking features
- Parking Lot
- Standard status
- Pending
- APN
- 443-30-135
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- BLAKE O/L 3 NEXT S OFLOT 1 STATE VW ALLOT
- Tax Annual Amount
- 3698
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Building materials
- VinylSiding
- Roof type
- Fiberglass, Asphalt
Listing agent Chris Kilbane License #2013000956 (440) 915-8257
Listing office Russell Real Estate Services 12198 Pearl Road, Strongsville, OH (440) 572-3100
Listing date Oct 28, 2025
Copyright © 2026 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.
HighLights
- Mixed‑use property with a hair and nail salon on the ground floor plus a three‑bedroom apartment above
- Hair and nail salon has a signed two‑year lease at $1,200/month
- Salon was recently renovated; apartment was recently updated throughout
- Year built: 1930
- Utilities include public water and public sewer
- Heating and cooling: forced air and central air; vinyl siding exterior; asphalt/fiberglass roofing; on‑site parking lot
Overview
The property is located at 5432 State Road in Parma, Ohio (44134). The building presents as an operational storefront on the ground floor with the apartment located above.
For investors and owner-operators, the structure offers two distinct income components within the same property: a leased commercial tenant on the first floor and a three-bedroom rental unit on the second floor. The current configuration supports a diversified approach compared with single-use retail or residential assets, with the salon’s in-place lease providing near-term occupancy stability while the updated apartment supports long-term rental use.
Current Use by Public Records
Map
- City
- Parma
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.710825
- Latitude
- 41.413539
