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Duplex with Ground-Floor Salon
For Sale
$210,000
Pending

5432 State Road, Parma, OH 44134

ResidentialIncome, Parma, OH

Property SizeContact for details
Lot Size0.11 Acres
Days on Market298

Property Features for 5432 State Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 1
Parking features Parking Lot
Subdivision George Blake
Elementary school district Parma CSD - 1824
Middle school district Parma CSD - 1824
High school district Parma CSD - 1824
Directions Brook Park Rd to South on State.
Standard status Pending
APN 443-30-135
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description BLAKE O/L 3 NEXT S OFLOT 1 STATE VW ALLOT
Tax Annual Amount 3698
Legal Description BLAKE O/L 3 NEXT S OFLOT 1 STATE VW ALLOT

Utilities

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

Building Details

Year built 1930
Floors in Building 2
Building materials VinylSiding
Roof type Fiberglass, Asphalt
Listing Agency: Russell Real Estate Services
Listed By: Chris Kilbane · License #2013000956
Added: Oct 28, 2025 Changed: Aug 20 Last Checked: Aug 21 at 4:06PM
MLS# 5167940

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.

Duplex-style mixed-use property at 5432 State Road, Parma, OH 44134, featuring a hair and nail salon on the ground floor and a three-bedroom apartment above. The ground-floor space has been recently renovated and is leased under a two-year term, while the second-floor residence offers three bedrooms, two bathrooms, a basement, and updated finishes throughout.

The home is built with vinyl siding and was constructed in 1930. Heating is forced air and cooling is central air. The roof is asphalt with fiberglass components, and services include public water and public sewer. On-site parking is provided in a parking lot.

This configuration supports a two-income setup with a commercial tenant below and residential tenancy above, using the same shared property improvements for operations.

Key Highlights

  • Ground‑floor hair and nail salon with a two‑year lease plus a three‑bedroom apartment above
  • Lot size: 0.1145 acres
  • Built in 1930 with vinyl siding

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

503
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

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex-style mixed-use property with a salon on the ground level and a three-bedroom apartment above.
Where is this duplex located?
The property is located at 5432 State Road Parma, OH.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Ground‑floor hair and nail salon with a two‑year lease plus a three‑bedroom apartment above; Lot size: 0.1145 acres; Built in 1930 with vinyl siding
More about this property
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