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    Parma Multifamily Property with Suite Title is generated by Realmo AI

    7411 Wooster, Parma, OH 44129

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    Claim this Listing
    Pending
    $175,000

    MULTI_FAMILY - Parma, OH

    Property size:
    1,378 SF
    Lot size:
    0.12 Acres
    Added:
    May 7, 2026
    Days on Market:
    48
    Last Refresh:
    Jun 23 at 4:06 pm

    Property Features for 7411 Wooster

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bedroom 2, Bedroom 3, Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bathroom 4, Bedroom 4
    Parking features
    Carport, Driveway
    Standard status
    Pending
    APN
    443-03-084
    Size
    1,378 SF
    Lot size
    0.12 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    5 WOOSPK 0070 ALL
    Tax Annual Amount
    2631

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1933
    Floors in Building
    2
    Building materials
    Brick
    Roof type
    Asphalt

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    Listing Contact
    Napoleon Titschinger

    Listing agent Napoleon Titschinger License #2021006281

    Listing office RE/MAX Above & Beyond 14980 Bagley Road, Middleburg Heights, OH

    Listing date May 7, 2026

    MLS# 5207939 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 home built in 1933 with forced‑air heating and an asphalt roof
    • Public water and public sewer connection
    • Main home features 3 bedrooms, 2.5 baths, an oversized sunroom, and a partially finished basement
    • Detached 1 bed, 1 bath suite with a basement, separately metered from the main home
    • Driveway and carport parking, with access to the back through the carport
    • Basement available in both the main home and the detached suite

    Overview

    Located in Parma, Ohio, this property offers versatility and includes a charming brick colonial main house and a detached one-bedroom, one-bath suite with a basement. The main house features three bedrooms, 2.5 baths, a partially finished basement, and an oversized sunroom. The detached suite is separately metered from the main house and has been used as an income-producing property. The property is suitable for investors, those seeking a private in-law suite, or families. It offers possibilities for multi-generational living, rental income, or added privacy for guests. The lot size is 0.1175 acres, and the property size is 1378 square feet.

    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 $22.3k $16.20
    − Vacancy −$1.5k −$1.05
    EGI $20.9k $15.15
    − OpEx −$6.3k −$4.54
    NOI $14.6k $10.60
    1,378 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $208.7K
    $182.6K – $243.5K (±1% cap)
    NOI $14,611 @ 7.0% cap · market cap 8.35%
    Second Best
    Apartment 5plus
    $194.6K
    $170.3K – $227.0K (±1% cap)
    NOI $13,622 @ 7.0% cap · market cap 7.78%
    Theoretical Best
    Warehouse
    $1.10M
    $966.1K – $1.29M (±1% cap)
    NOI $77,288 @ 7.0% cap · market cap 44.16%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Parma
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.735728
    Latitude
    41.407902

    FAQs

    What type of property is this?
    Duplex - Multifamily property featuring a main house and detached suite.
    Where is this duplex located?
    The property is located at 7411 Wooster Parma, OH.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: Brick home built in 1933 with forced‑air heating and an asphalt roof; Public water and public sewer connection; Main home features 3 bedrooms, 2.5 baths, an oversized sunroom, and a partially finished basement
    More about this property
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