All-Brick Side-by-Side
For Sale
$350,000
5144 Orchard Park Dr, Parma, OH 44134
Two three-bedroom residences share a half-acre parcel with central air, private laundry areas, and rear porches.
Property Size2,436 SF
Lot Size0.50 Acres
Price / SF$143.68
Days on Market67
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Property Features for 5144 Orchard Park Dr
General Information
Standard status
Active
Size
2,436 SF
Lot size
0.50 Acres
Property subtype
Residential Income
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,524
Amenities
central air
laundry room
rear porch
Building Details
Buildings
1
Construction
brick
Listing Agency:
Keller Williams Elevate
(440) 572-1200
Listed By:
Antonio Biasiotta · License #2015003682
(440) 223-0575
Source:
Exprealty
Added: Aug 10
Changed: Oct 3
Last Checked: Oct 15 at 2:08AM
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 Keller Williams Elevate
Investment Insights
Based on property information with market context.
This side-by-side duplex at 5144 Orchard Park Dr in Parma, OH contains 2,436 square feet across two residential units. Each residence has 3 bedrooms and 2 full bathrooms, with a main-level family room, parquet flooring on the main floor, hardwood upstairs, central air, and a laundry room positioned near the kitchen. Rear porches extend from the back bedrooms, adding outdoor space to both units.
The property sits on a half-acre lot and features all-brick construction. A 7-year-old roof is among the major physical improvements. The two-unit layout provides separate residences within one building, with each side offering the same bedroom and bathroom count.
The property sits on a half-acre lot and features all-brick construction. A 7-year-old roof is among the major physical improvements. The two-unit layout provides separate residences within one building, with each side offering the same bedroom and bathroom count.
Key Highlights
- 2,436‑square‑foot side‑by‑side duplex
- Each unit has 3 bedrooms and 2 full bathrooms
- All‑brick construction on a half‑acre lot
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
NOI $34,056 @ 7.0% cap · market cap 9.73%
Second Best
Apartment 5plus
$440.0K
$385.0K – $513.3K
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
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
507
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
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom residences share a half-acre parcel with central air, private laundry areas, and rear porches.
Where is this duplex located?
The property is located at 5144 Orchard Park Dr 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: 2,436‑square‑foot side‑by‑side duplex; Each unit has 3 bedrooms and 2 full bathrooms; All‑brick construction on a half‑acre lot
