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Duplex with Private Balconies

4910 & 4912 Yorkshire Avenue, Parma, OH 44134

For Sale
$350,000
Pending

Two three-bedroom units include eat-in kitchens and separate unfinished basement space for storage or laundry.

Property Size2,240 SF
Days on Market25

Property Features for 4910 & 4912 Yorkshire Avenue

General Information

Standard status Pending
Size 2,240 SF
Property subtype Residential Income

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $6,143

Amenities

private walk-out balcony
Full,Unfinished
true
2
6
Double Pane Windows
In Basement
Ceiling Fan(s),Eat-in Kitchen
2240
Assessor
Back Yard,Front Yard
Public
0.101
false
No Garage,Outside,Shared Driveway
Balcony
1

Building Details

Building Size 2,240 SF
Year Built 2000
Buildings 1
Stories 2
Listing Agency:
Listed By: Karen Ullom
Source: Karenullomrealty
Added: Oct 21 Changed: Nov 4 Last Checked: Nov 13 at 9:04AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Karen Ullom

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Built in 2000, this duplex contains two units, each with 3 bedrooms, a full bathroom, an eat-in kitchen, and a living area. Both residences have private walk-out balconies. Each unit also has a portion of the full, unfinished basement, providing space for storage or laundry. The upper residence has been renovated, while work is underway in the lower residence.

Updates include a roof, windows, and carpet installed in 2022, along with interior paint. Dishwashers and a refrigerator were added in 2025. The property is located in Parma, with access to I-480 and nearby shopping, healthcare, restaurants, and recreation.

Key Highlights

  • Two‑unit duplex with 2,240 square feet of property size
  • Each unit has 3 bedrooms, a full bath, eat‑in kitchen, and private walk‑out balcony
  • Full unfinished basement, with a portion assigned to each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,315
Cap Rate
8.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$626,300 $626.3K
Cap Rate 7%
$447,357 $447.4K
Cap Rate 9%
$347,944 $347.9K
Market Conditions
NOI Build-Up for 2,240 SF
Gross rent
$47.8K $21.36/SF
− Vacancy
−$3.1K −$1.39/SF
EGI
$44.7K $19.97/SF
− OpEx
−$13.4K −$5.99/SF
NOI
$31.3K $13.98/SF
Area
ZIP 44134
Vacancy
6.50%
Lease Rate
$21.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$626,300
Cap Rate 7%
$447,357
Cap Rate 9%
$347,944

Alternative Uses

Best Use
Multifamily LT 5
$447.4K
$391.4K – $521.9K (±1% cap)
NOI $31,315 @ 7.0% cap · market cap 8.95%
Second Best
Apartment 5plus
$404.6K
$354.0K – $472.0K (±1% cap)
NOI $28,320 @ 7.0% cap · market cap 8.09%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

250
Businesses Nearby

Demographics for 44134, OH

38,845
Population
17,436
Households
2.2
Avg Household Size
43
Median Age
26%
College-Educated
92%
High-School Grad
9.7 sq mi
ZIP Area
4,005
Density / Sq Mi
$67,116
Median Household Income
$43,625
Median Earnings
$1,108
Median Rent
$153,500
Median Home Value

Market

Average Price Trend$/SF for Duplexes in Cuyahoga County, OH

$79.21 Jul
$80.01 Aug
$79.57 Sep
$79.41 Oct

Properties on Market for Duplexes in Cuyahoga County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two three-bedroom units include eat-in kitchens and separate unfinished basement space for storage or laundry.
Where is this duplex located?
The property is located at 4910 & 4912 Yorkshire Avenue Parma, OH.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,240 square feet of property size; Each unit has 3 bedrooms, a full bath, eat‑in kitchen, and private walk‑out balcony; Full unfinished basement, with a portion assigned to each unit
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