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    Parma, OH Multifamily Properties for Sale

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    Parma Multifamily Investment Opportunity
    Updated: May 1
    Parma Multifamily Investment Opportunity

    6118 Ridge Road, Parma, OH 44129

    $560,000
    4,386 sqft 0.18 AC lot
    6‑unit multi‑family building in Parma, Ohio, about 10 minutes from Downtown Cleveland
    Brick exterior with recently updated driveway and parking pad
    Basement includes coin laundry for additional income
    Unit mix: 5 units with 1 bed/1 bath (~500 SF each) plus 1 efficiency unit with 1 bath (~350 SF)
    Updates include electrical boxes, hot water tank, double‑pane windows, and upgraded appliances between tenants
    View details
    Turnkey Brick Duplex
    Updated: Jun 11
    Turnkey Brick Duplex

    3113 Snow Road, Parma, OH 44134

    $325,000
    3,078 sqft 0.22 AC lot
    Brick duplex built in 1958 with two units, each offering 2 bedrooms, 1 full bath, and a versatile bonus room.
    Each unit has over 1,000 SF of living space with refinished hardwood floors, updated kitchens and bathrooms, and fresh paint throughout.
    Upper unit is currently leased for $1,500 per month through January 1, 2029.
    Central air conditioning plus forced‑air natural gas heating and gravity heating; ceiling fans included.
    Public water and public sewer connected; roof includes asphalt and fiberglass materials.
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    Updated Duplex with Income Potential
    Updated Duplex with Income Potential

    5406 Theota Avenue, Parma, OH 44129

    $209,900
    1,814 sqft 0.14 AC lot

    Low-maintenance duplex with updated features and strong income potential.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Parma Duplex: Investment Opportunity
    Parma Duplex: Investment Opportunity

    4910 & 4912 Yorkshire Avenue, Parma, OH 44134

    $350,000
    2,240 sqft 0.10 AC lot

    Newer duplex with renovated units and strong investment potential.

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    Mixed-Use Retail and 3BR Apartment
    Mixed-Use Retail and 3BR Apartment

    5432 State Road, Parma, OH 44134

    $210,000
    0.11 AC lot

    Ground-floor hair and nail salon with a three-bedroom apartment above, both recently updated.

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    Based on your search, we've compiled 39 Potential Opportunities for your consideration. Besides 5 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, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Fully Occupied Side-by-Side Duplex
    Fully Occupied Side-by-Side Duplex

    3316 Tampa Avenue, Cleveland, OH 44109

    $210,000
    2,400 sqft 0.10 AC lot

    A fully occupied duplex with two 3-bedroom, 1-bath units and separate basements, currently producing over $2,400 monthly.

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    Duplex and Retail Storefront
    Duplex and Retail Storefront

    4479 State Rd, Cleveland, OH 44109

    $149,900

    Two-building income property combining a duplex with a standalone retail storefront for diversified tenant uses.

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    Portfolio Investment Opportunity
    Portfolio Investment Opportunity

    Cleveland, OH 44107

    $569,700

    Three properties available in Cleveland and Lakewood, Ohio.

    View details
    Mixed-Use Building with Retail and Apartments
    Mixed-Use Building with Retail and Apartments

    Cleveland, OH 44129

    $349,000

    Six-unit mixed-use building with three ground-floor retail units and three upstairs apartments, with existing tenant occupancy.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Eastlake Marina District Land
    Eastlake Marina District Land

    35783 Lake Shore Boulevard, Eastlake, OH 44095

    $765,000
    5.66 AC lot

    5.66 acres in Eastlake's Marina District, primed for development.

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    Residential Land in Mount Gilead
    Residential Land in Mount Gilead

    7326 State Route 19, Mount Gilead, OH 43338

    Contact for pricing
    0.40 AC lot

    Land available in Mount Gilead with lake amenities.

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    Residential Land in Mount Gilead
    Residential Land in Mount Gilead

    7326 State Route 19, Unit 6, Lots 90,91,92, Mount Gilead, OH 43338

    Contact for pricing
    0.40 AC lot

    Land for sale with lake amenities in Mount Gilead.

    View details
    Residential Lot in Vernon Township
    Residential Lot in Vernon Township

    10312 PERRY Highway, Meadville, PA 16335

    $34,900
    0.63 AC lot

    0.63 acre residential lot with utilities in Vernon Township, PA.

    View details

    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.

    Park Dr
    APARTMENT HOUSE (5+ UNITS)

    Park Dr, Parma, OH 44134

    Value Estimation by Request
    2.59 AC lot
    View details
    Broadview Rd
    APARTMENT HOUSE (5+ UNITS)

    Broadview Rd, Parma, OH 44134

    Value Estimation by Request
    0.31 AC lot
    View details
    Broadview Rd
    APARTMENT HOUSE (5+ UNITS)

    Broadview Rd, Parma, OH 44134

    Value Estimation by Request
    1.35 AC lot
    View details
    Ames Rd
    GARDEN APT, COURT APT (5+ UNITS)

    Ames Rd, Parma, OH 44129

    Value Estimation by Request
    2.01 AC lot
    View details
    Rdg Rd
    APARTMENT HOUSE (5+ UNITS)

    Rdg Rd, Parma, OH 44129

    $1,090,000
    Estimated value
    0.17 AC lot
    View details
    7737 Rdg Rd
    APARTMENT HOUSE (5+ UNITS)

    7737 Rdg Rd, Parma, OH 44129-6648

    Value Estimation by Request
    3,136 sqft 1.08 AC lot
    View details
    6029 State Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    6029 State Rd, Parma, OH 44134-2869

    Value Estimation by Request
    1,510 sqft 0.19 AC lot
    View details
    6891 State Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    6891 State Rd, Parma, OH 44134-4673

    Value Estimation by Request
    4,356 sqft 0.29 AC lot
    View details
    6539 Roycroft Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    6539 Roycroft Dr, Parma, OH 44129-5532

    Value Estimation by Request
    2,754 sqft 0.23 AC lot
    View details
    5451 Broadview Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    5451 Broadview Rd, Parma, OH 44134-7807

    Value Estimation by Request
    4,056 sqft 0.25 AC lot
    View details
    Whittington Dr
    APARTMENT HOUSE (5+ UNITS)

    Whittington Dr, Parma, OH 44129

    Value Estimation by Request
    0.12 AC lot
    View details
    7310 Whittington Dr
    APARTMENT HOUSE (5+ UNITS)

    7310 Whittington Dr, Parma, OH 44129-4465

    Value Estimation by Request
    0.12 AC lot
    View details
    5519 Pearl Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    5519 Pearl Rd, Parma, OH 44129-2552

    Value Estimation by Request
    4,230 sqft 0.51 AC lot
    View details
    6326 Canterbury Rd
    APARTMENT HOUSE (5+ UNITS)

    6326 Canterbury Rd, Parma, OH 44129

    Value Estimation by Request
    0.11 AC lot
    View details
    Rdg Rd
    APARTMENT HOUSE (5+ UNITS)

    Rdg Rd, Parma, OH 44129

    Value Estimation by Request
    4,320 sqft 0.05 AC lot
    View details
    5376 Broadview Rd
    APARTMENT HOUSE (5+ UNITS)

    5376 Broadview Rd, Parma, OH 44134-1623

    Value Estimation by Request
    0.15 AC lot
    View details
    7689 York Rd
    GARDEN APT, COURT APT (5+ UNITS)

    7689 York Rd, Parma, OH 44130-7303

    Value Estimation by Request
    0.73 AC lot
    View details
    5873 State Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    5873 State Rd, Parma, OH 44134-2851

    Value Estimation by Request
    2,474 sqft 0.24 AC lot
    View details
    7022 State Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    7022 State Rd, Parma, OH 44134-4972

    $565,000
    Estimated value
    3,920 sqft 1.14 AC lot
    View details

    Parma, OH Multifamily Properties Market Trends and Statistics

    Explore 31 multifamily properties for sale in Parma, OH, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 11,518 square feet of properties for sale, with an estimated market value of $1,444,900.

    Sale prices for multifamily properties in Parma, OH start at $209,900, averaging $361,225, and reaching up to $560,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 4
    Apartment buildings 1

    Demographics Overview

    Population 137K
    Population Growth (5Y) +0.9%
    Median Household Income $72,344
    College Educated 39.4%

    High-Yield Neighborhoods for Investment

    Identify Parma submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Cleveland - 44134 $295.7K
    Cleveland - 44129 $319.7K

    Listings Trend

    New vs delisted commercial listings in Cuyahoga County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Parma, OH

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    • 44129

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