Updated Duplex with
For Sale
$350,000
Pending
4910 & 4912 Yorkshire Avenue, Parma, OH 44134
ResidentialIncome, Parma, OH
Property Size2,240 SF
Lot Size0.10 Acres
Days on Market140
Property Features for 4910 & 4912 Yorkshire Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 1, Bedroom 5, Bedroom 4, Basement, Bedroom 6, Bathroom 2, Bedroom 3, Bedroom 1, Laundry Room
Parking features
Garage, Driveway
Interior features
CeilingFans, EatInKitchen
Exterior features
Balcony
Appliances
Dishwasher, Range, Refrigerator
Lot features
Back Yard, Front Yard
Elementary school district
Parma CSD - 1824
Middle school district
Parma CSD - 1824
High school district
Parma CSD - 1824
Directions
South of State Rd to Yorkshire Rd
Standard status
Pending
APN
447-07-140
Size
2,240 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
14 YORKSHIRE PK 0202 ALL
Tax Annual Amount
6143
Legal Description
14 YORKSHIRE PK 0202 ALL
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Ceiling Fan(s), Central Air
Water source
Public
Amenities
private walk-out balcony
unfinished basement
Building Details
Year built
2000
Floors in Building
2
Building materials
AluminumSiding, VinylSiding
Roof type
Asphalt, Shingle
Listing Agency:
RE/MAX Above & Beyond · RE/MAX International
(440) 546-1400
Listed By:
Amanda Manocchio · License #2025002610
(216) 337-3581
Added: May 1
Changed: Sep 13
Last Checked: Sep 17 at 7:06AM
MLS# 5201967
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.
Investment Insights
Based on property information with market context.
This 2,240-square-foot duplex, built in 2000, contains two three-bedroom units with a full bathroom, eat-in kitchen, living area, and private walk-out balcony in each residence. The upper unit has been renovated, while the lower unit is undergoing renovations. Recent property improvements include a 2022 roof, 2022 windows, 2022 carpet, fresh interior paint, and select appliances added in 2025, including dishwashers and a refrigerator.
Each unit has its own portion of the full unfinished basement, providing space for laundry and storage. The property also includes a garage and driveway, forced-air heating, central air, ceiling fans, public water, and public sewer. Located in Parma, the duplex offers access to I-480 and is minutes from shopping, healthcare, restaurants, and recreation.
Each unit has its own portion of the full unfinished basement, providing space for laundry and storage. The property also includes a garage and driveway, forced-air heating, central air, ceiling fans, public water, and public sewer. Located in Parma, the duplex offers access to I-480 and is minutes from shopping, healthcare, restaurants, and recreation.
Key Highlights
- Two‑unit duplex with 2,240 square feet and 0.101 acres
- Each unit offers 3 bedrooms, 1 full bathroom, an eat‑in kitchen, living area, and private walk‑out balcony
- Upper unit renovated; lower unit undergoing renovations
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,315
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.95%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
NOI $31,315 @ 7.0% cap · market cap 8.95%
Second Best
Apartment 5plus
$404.6K
$354.0K – $472.0K
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.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
250
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom units include eat-in kitchens, private balconies, and access to unfinished basement space.
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 and 0.101 acres; Each unit offers 3 bedrooms, 1 full bathroom, an eat‑in kitchen, living area, and private walk‑out balcony; Upper unit renovated; lower unit undergoing renovations
