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    6507 Luelda Ave Parma, OH 44129

    New
    For Sale
    $285,000

    MULTI_FAMILY - Parma, OH

    Property size:
    2,153 SF
    Lot size:
    0.13 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 11 at 12:06 pm

    Property Features for 6507 Luelda Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 3, Bedroom 1, Bathroom 1, Basement, Bathroom 3, Bathroom 2, Bedroom 2, Laundry Room
    Bedrooms
    3
    Bathrooms
    3
    APN
    443-23-081
    Parking features
    Garage
    Interior features
    InLawFloorplan
    Size
    2,153 SF
    Lot size
    0.13 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1927
    Floors in Building
    2
    Building materials
    VinylSiding
    Roof type
    Fiberglass, Asphalt

    EXP Realty (866) 212-4991 [email protected]

    Listing agent Renee M Velasquez (330) 321-3339 License #2008000480

    Listing date Dec 9, 2025

    MLS# 5176407 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

    Parma Colonial with Income Potential

    Located in the Parma City School District, this colonial-style property offers approximately 2,000 square feet above ground, complemented by a 1,080 square foot basement. The property is situated within walking distance of gas stations, food options, and convenience stores, and provides convenient access to I-480. Configured to function as a duplex, the home is suitable for multigenerational living, shared housing, or offsetting mortgage costs. The main floor includes 2 bedrooms, a full bath with a walk-in shower, a living room, and an eat-in kitchen. The upstairs area, accessible via a private entrance, features 2 tandem bedrooms (the second bedroom lacks a heat source but one can be added), another full bath, a remodeled kitchen, a living room, and a dining area. One of the bedrooms has been converted into a walk-in closet, and the dining space is currently used as a home office. The property features two electrical panels with separate bills; water, sewer, and HVAC are shared. Enhancements include new windows in the enclosed porch, new carpet in the first unit and enclosed patio, a remodeled bath in the first unit, and a remodeled kitchen and bath in the upstairs unit. Additional features include a newer furnace (2020), a roof (approximately 10 years old), siding (16 years old), a 2014 water tank, and an A/C unit over 15 years old. The finished room in the basement, along with laundry facilities and a stand-up shower bathroom, adds more usable space. A detached 2-car garage and a shed provide off-street parking and additional storage. The property is not a registered duplex with the county, but the separate entry and dual electric setup make it suitable for shared living.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Parma
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.729492
    Latitude
    41.415696

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    FAQs

    What type of property is this?
    Duplex - Unique colonial in Parma ideal for flexible living options.
    Where is this duplex located?
    The property is located at 6507 Luelda Ave Parma, OH.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: - Unique duplex-like setup with private upstairs living, ideal for multigenerational living, shared housing, or potential income generation.; - Two separate living spaces, each with its own kitchen, living room, and bathroom.; - Desirable Parma location in Parma City School District, close to I-480, gas stations, food, and convenience stores.
    (330) 321-3339
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    6507 Luelda Ave Parma, OH 44129
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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
    6507 Luelda Ave Parma, OH 44129
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