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Parma, OH Multifamily Properties for Sale

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Parma Colonial with Income Potential
$275,000
2,153 SF

Parma Colonial with Income Potential

6507 Luelda Ave, Parma, OH 44129

Unique colonial in Parma ideal for flexible living options.

  • Duplex‑like setup with private upstairs living, ideal for multigenerational living, shared housing, or offsetting mortgage costs.
  • Two separate living spaces, each with its own kitchen, living room, and bathroom.
  • Nearly 2,000 sq ft above ground plus a 1,080 sq ft basement, offering ample living space.
  • Desirable Parma location in Parma City School District, close to I‑480, gas stations, food, and convenience stores.
  • Recent updates including new windows in enclosed porch, new carpet in first unit and enclosed patio, remodeled baths and kitchens, newer furnace (2020), and roof (approx. 10 years).
Updated: Jan 1
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Updated Duplex with Modern Finishes
$325,000
2,850 SF

Updated Duplex with Modern Finishes

5406-5408 Merkle Ave, Parma, OH 44129

Updated duplex featuring remodeled units, private porches, and ample storage.

  • Two updated units featuring stylish kitchens with hard surface counters, soft‑close cabinetry, farmhouse sink, and stainless steel appliances, plus remodeled bathrooms.
  • Separate heating, cooling, and hot water for each unit, plus shared laundry and basement storage.
  • Refinished hardwood floors, natural woodwork, built‑in cabinets with leaded glass, and large windows provide ample natural light.
  • Recent major updates including H2O, furnaces, C/A (2022), roof (2019), appliances (2021), and kitchen/bath remodels (2021).
  • Private front porches for each unit, plus front and side entry access.
Updated: Nov 19, 2025
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Based on your search, we've compiled 32 Potential Opportunities for your consideration. Besides 2 Active listings in Parma, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 26 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Parma Duplex: Investor or Owner
$249,900
1,872 SF

Parma Duplex: Investor or Owner

Two-unit property in Parma with separate utilities and entrances.

6003 Snow Rd, Cleveland, OH 44129
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Parma Brick Duplex with Updates
Pending
$350,000
3,430 SF

Parma Brick Duplex with Updates

Meticulously maintained duplex with newer roof, separate entrances, and sunroom.

6234 N Canterbury Rd, Cleveland, OH 44129
View details
Prime Brooklyn Apartment Building
$949,900
0.25 Acres

Prime Brooklyn Apartment Building

11-Unit Multifamily, Fully Occupied

4339 Ridge Rd, Brooklyn, OH 44144
View details
Brooklyn, OH 12-Unit Apartment Complex
$1,149,900
0.19 Acres

Brooklyn, OH 12-Unit Apartment Complex

High-Yield, Turnkey Apartment Building, 100% Occupied

4160-4166 Ridge Rd, Brooklyn, OH 44144
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Explore Off-Market Properties in Parma, OH

Consider similar Off-Market properties in Parma, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

5223 52Nd St

5223 52Nd St

Multifamily properties • 1,728 SF
Value Estimation by Request
5223 52Nd St, Parma, OH 44134
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6242 Rdg Rd

6242 Rdg Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 2,916 SF
Value Estimation
$290,000
6242 Rdg Rd, Parma, OH 44129-4469
View details
5400 Charles Ave

5400 Charles Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 2,160 SF
Value Estimation
$285,000
5400 Charles Ave, Parma, OH 44129-3855
View details
7737 Rdg Rd

7737 Rdg Rd

APARTMENT HOUSE (5+ UNITS) • 3,136 SF
Value Estimation
$285,000
7737 Rdg Rd, Parma, OH 44129-6648
View details
6891 State Rd

6891 State Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 4,356 SF
Value Estimation
$385,000
6891 State Rd, Parma, OH 44134-4673
View details
6326 Canterbury Rd

6326 Canterbury Rd

APARTMENT HOUSE (5+ UNITS) • 0.11 Acres
Value Estimation
$220,000
6326 Canterbury Rd, Parma, OH 44129
View details
6342 Rdg Rd

6342 Rdg Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 2,916 SF
Value Estimation
$285,000
6342 Rdg Rd, Parma, OH 44129-5045
View details
6029 State Rd

6029 State Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 1,510 SF
Value Estimation
$90,000
6029 State Rd, Parma, OH 44134-2869
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Park Dr

Park Dr

APARTMENT HOUSE (5+ UNITS) • 2.59 Acres
Value Estimation
$235,000
Park Dr, Parma, OH 44134
View details
5451 Broadview Rd

5451 Broadview Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 4,056 SF
Value Estimation
$310,000
5451 Broadview Rd, Parma, OH 44134-7807
View details
5376 Broadview Rd

5376 Broadview Rd

APARTMENT HOUSE (5+ UNITS) • 0.15 Acres
Value Estimation
$215,000
5376 Broadview Rd, Parma, OH 44134-1623
View details
7022 State Rd

7022 State Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 3,920 SF
Value Estimation
$290,000
7022 State Rd, Parma, OH 44134-4972
View details
5873 State Rd

5873 State Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 2,474 SF
Value Estimation
$265,000
5873 State Rd, Parma, OH 44134-2851
View details
6539 Roycroft Dr

6539 Roycroft Dr

APARTMENT HOUSE (UNDER 5 UNITS) • 2,754 SF
Value Estimation
$135,000
6539 Roycroft Dr, Parma, OH 44129-5532
View details
5519 Pearl Rd

5519 Pearl Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 4,230 SF
Value Estimation
$265,000
5519 Pearl Rd, Parma, OH 44129-2552
View details
Broadview Rd

Broadview Rd

APARTMENT HOUSE (5+ UNITS) • 0.31 Acres
Value Estimation
$210,000
Broadview Rd, Parma, OH 44134
View details
Ames Rd

Ames Rd

APARTMENT HOUSE (5+ UNITS) • 2.42 Acres
Value Estimation
$230,000
Ames Rd, Parma, OH 44129
View details
5820 Woolman Ct

5820 Woolman Ct

APARTMENT HOUSE (5+ UNITS) • 0.64 Acres
Value Estimation
$205,000
5820 Woolman Ct, Parma, OH 44130-1065
View details
Rdg Rd

Rdg Rd

APARTMENT HOUSE (5+ UNITS) • 4,320 SF
Value Estimation
$225,000
Rdg Rd, Parma, OH 44129
View details
Whittington Dr

Whittington Dr

APARTMENT HOUSE (5+ UNITS) • 0.12 Acres
Value Estimation
$200,000
Whittington Dr, Parma, OH 44129
View details
7310 Whittington Dr

7310 Whittington Dr

APARTMENT HOUSE (5+ UNITS) • 0.12 Acres
Value Estimation
$200,000
7310 Whittington Dr, Parma, OH 44129-4465
View details
Rdg Rd

Rdg Rd

APARTMENT HOUSE (5+ UNITS) • 0.17 Acres
Value Estimation
$1,025,000
Rdg Rd, Parma, OH 44129
View details

Parma, OH Multifamily Properties Investment Opportunities Market Analysis

Explore 28 multifamily properties for sale in Parma, OH on our real estate platform. These investment opportunities span a total of 569,723 square feet of properties for sale, with an estimated market value of $6,390,000.

Prices for multifamily properties in Parma, OH start at $90,000, averaging $319,500, and reaching up to $1,025,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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