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Brick Side-by-Side Duplex

5144 Orchard Park Drive, Parma, OH 44134

For Sale
$350,000
Under Contract

ResidentialIncome, Parma, OH

Property Size2,436 SF
Lot Size0.50 Acres
Price / SF$143.68
Days on Market97

Property Features for 5144 Orchard Park Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 5, Bedroom 1, Bathroom 4, Bathroom 3, Laundry Room, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 6, Bathroom 1
Parking features Garage
Exterior features PrivateYard
Subdivision Highland Orchards
Elementary school district Parma CSD - 1824
Middle school district Parma CSD - 1824
High school district Parma CSD - 1824
Directions Orchard Park Drive btwn state and ridge.
Standard status Active Under Contract
APN 450-09-021
Size 2,436 SF
Lot size 0.50 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 11 HIGH ORCH 0126 ALL
Tax Annual Amount 4524
Legal Description 11 HIGH ORCH 0126 ALL

Utilities

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

Amenities

central air
laundry room
rear porch

Building Details

Year built 1969
Floors in Building 2
Building materials Brick
Roof type Fiberglass, Asphalt
Buildings 1
Listing Agency: Keller Williams Elevate · Keller Williams Realty
Listed By: Antonio Biasiotta · License OH #2015003682
Added: Aug 10 Changed: Oct 24 Last Checked: Nov 14 at 8:06AM
MLS# 5235333

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.

Rey
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Investment Insights

Based on property information with market context.

This side-by-side duplex contains 2,436 square feet across two residential units on a 0.4995-acre lot. Each unit includes 3 bedrooms and 2 full bathrooms, with a main-level family room, parquet flooring downstairs, hardwood floors on the upper level, and a laundry room near the kitchen. Central air serves both residences, while rear porches extend from the back bedrooms. The building was constructed in 1969 with brick exterior walls and an asphalt and fiberglass roof reported to be 7 years old.

The property includes a private yard, garage parking, forced-air heating, public water, and a septic tank. Its two-unit configuration supports either separate rental occupancy or an arrangement combining personal use with rental income, as described in the property information.

Key Highlights

  • Two‑unit side‑by‑side duplex with 2,436 square feet combined
  • Each unit offers 3 bedrooms and 2 full bathrooms
  • 0.4995‑acre lot with private yard and rear porches

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,798
Cap Rate
8.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$615,960 $616.0K
Cap Rate 7%
$439,971 $440.0K
Cap Rate 9%
$342,200 $342.2K
Market Conditions
NOI Build-Up for 2,436 SF
Gross rent
$59.6K $24.48/SF
− Vacancy
−$3.6K −$1.49/SF
EGI
$56.0K $22.99/SF
− OpEx
−$25.2K −$10.34/SF
NOI
$30.8K $12.64/SF
Area
ZIP 44134
Vacancy
6.10%
Lease Rate
$24.48 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$615,960
Cap Rate 7%
$439,971
Cap Rate 9%
$342,200

Alternative Uses

Best Use
Multifamily LT 5
$486.5K
$425.7K – $567.6K (±1% cap)
NOI $34,056 @ 7.0% cap · market cap 9.73%
Second Best
Apartment 5plus
$440.0K
$385.0K – $513.3K (±1% cap)
NOI $30,798 @ 7.0% cap · market cap 8.80%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

507
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 mirrored residences provide three-bedroom layouts, private laundry areas, central air, and garage parking.
Where is this duplex located?
The property is located at 5144 Orchard Park Drive 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 side‑by‑side duplex with 2,436 square feet combined; Each unit offers 3 bedrooms and 2 full bathrooms; 0.4995‑acre lot with private yard and rear porches
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