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    Parma Brick Duplex with Updates Title is generated by Realmo AI

    6115 Brownfield Drive, Parma, OH 44129

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    Claim this Listing
    Pending
    $265,000

    MULTI_FAMILY - Parma, OH

    Property size:
    2,024 SF
    Lot size:
    0.13 Acres
    Added:
    May 7, 2026
    Days on Market:
    48
    Last Refresh:
    Jun 23 at 2:06 pm

    Property Features for 6115 Brownfield Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    5
    Rooms
    Bathroom 2, Basement, Bedroom 1, Bathroom 4, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bathroom 5, Bedroom 2
    Parking features
    Garage, Open
    Standard status
    Pending
    APN
    448-13-043
    Size
    2,024 SF
    Lot size
    0.13 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    3899

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1940
    Floors in Building
    2
    Building materials
    Brick
    Roof type
    Asphalt, Fiberglass

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    Listing Contact
    Joseph A Medina

    Listing agent Joseph A Medina License #2013000684

    Listing office EXP Realty, LLC. 159 Crocker Park Blvd. #400, Dublin, OH

    Listing date May 7, 2026

    MLS# 5207901 Listing URL

    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.

    HighLights

    • Brick duplex built in 1940 with 2‑bed, 2‑bath units plus a bonus room and family room in each unit
    • Both units have central air, newer vinyl windows and entry doors, and updated electric panels
    • Hot water tanks updated in '20 and '24; roof includes asphalt and fiberglass materials
    • Rented with long‑term tenants on month‑to‑month leases at $1,000 and $875; appliances stay with the property
    • Public water and public sewer; owner pays water/sewer
    • Parking includes a garage and open spaces

    Overview

    This well-maintained brick duplex is located in Parma, Ohio. Each of the two units features 2 bedrooms, 2 full baths, a bonus room, and a family room. The property benefits from newer vinyl windows and entry doors. Updated electric panels and hot water tanks, installed in 2020 and 2024, are present. Both units have central air conditioning. The first-floor unit received a kitchen refresh in 2018, along with new carpet and paint throughout. The tenants have maintained both units well. The units are currently rented at $1,000 and $875 on month-to-month leases. All appliances are included with the property. The owner is responsible for water and sewer. The property is situated south of Snow Road, offering convenient access to shopping, restaurants, and the highway. The lot size is 0.125 acres, and the property size is 2024 square feet. This duplex presents an opportunity to expand an investment portfolio.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $32.8k $16.20
    − Vacancy −$2.1k −$1.05
    EGI $30.7k $15.15
    − OpEx −$9.2k −$4.54
    NOI $21.5k $10.60
    2,024 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $306.6K
    $268.3K – $357.7K (±1% cap)
    NOI $21,460 @ 7.0% cap · market cap 8.10%
    Second Best
    Apartment 5plus
    $285.8K
    $250.1K – $333.5K (±1% cap)
    NOI $20,008 @ 7.0% cap · market cap 7.55%
    Theoretical Best
    Warehouse
    $1.62M
    $1.42M – $1.89M (±1% cap)
    NOI $113,520 @ 7.0% cap · market cap 42.84%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Parma
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.727782
    Latitude
    41.396969

    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex with updated features and long-term tenants.
    Where is this duplex located?
    The property is located at 6115 Brownfield Drive Parma, OH.
    What is the asking price?
    The asking price for this property is $265,000.
    What are key features of this property?
    This property features: Brick duplex built in 1940 with 2‑bed, 2‑bath units plus a bonus room and family room in each unit; Both units have central air, newer vinyl windows and entry doors, and updated electric panels; Hot water tanks updated in '20 and '24; roof includes asphalt and fiberglass materials
    More about this property
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