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    5521 W 48Th St Parma, OH 44134

    Pending
    For Sale
    $385,000

    MULTI_FAMILY - Parma, OH

    Property size:
    3,533 SF
    Lot size:
    0.18 Acres
    Days on Market:
    53
    Last Refresh:
    Dec 15 at 5:06 am

    Property Features for 5521 W 48Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bedroom 1, Bedroom 2, Basement, Bathroom 2, Bathroom 3, Bedroom 5, Laundry Room, Bedroom 4, Bedroom 3, Bathroom 1
    Bedrooms
    5
    Bathrooms
    3
    APN
    444-17-099
    Parking features
    Driveway, Garage
    Interior features
    CeilingFans, EntranceFoyer, EatInKitchen, GraniteCounters
    Exterior features
    Balcony
    Size
    3,533 SF
    Lot size
    0.18 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas, Electric (Heating)
    Cooling system
    Ceiling Fan(s), Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    1920
    Floors in Building
    3
    Building materials
    Brick
    Roof type
    Fiberglass, Asphalt

    Russell Real Estate Services (440) 268-9491 [email protected]

    Listing agent Lori Musial (440) 655-5572 License #2016006025

    Listing date Oct 24, 2025

    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

    Renovated Parma Triplex Investment Opportunity

    This Parma triplex presents an exceptional investment opportunity. The solid brick building features three separate units, all fully renovated with granite counters in the kitchens, tile backsplash, LVT flooring, carpeting, and updated baths. Newer appliances are included. The property includes a front porch and 2nd-floor front and back patio access. A full basement offers a shared washer/dryer and storage space, with hookups for a second set. A four-car garage provides ample parking, with each unit having an assigned garage space. Each unit has separate meters, with the 3rd-floor unit having electric only. The property has a newer roof, windows, HVAC, and H20 tanks. Situated on a 0.1837-acre lot, the property offers a convenient location on a dead-end street with easy access to I-480, stores, and restaurants. The property size is 3,533 square feet. It is located in Cuyahoga County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    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
    Parma
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.718152
    Latitude
    41.411266

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    FAQs

    What type of property is this?
    Triplex - Fully renovated Parma triplex with modern amenities and convenient location.
    Where is this triplex located?
    The property is located at 5521 W 48Th St Parma, OH.
    What is the asking price?
    The asking price for this property is $385,000.
    What are key features of this property?
    This property features: - Fully renovated triplex featuring GRANITE COUNTERS, TILE BACKSPLASH, LVT FLOORING, UPDATED BATHS and newer appliances.; - Solid brick construction with newer roof, windows, HVAC, and H20 tanks.; - 4-car garage with assigned parking for each unit.
    (440) 655-5572
    Request Owner's contact information
    5521 W 48Th St Parma, OH 44134
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    Parma, 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
    5521 W 48Th St Parma, OH 44134
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