Parma, OH Multifamily Properties for Sale

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$295,000

2,324 SF

Spacious Tudor Duplex in Parma

6511 Laverne Avenue, Parma, OH 44129

Well-maintained duplex with upside potential in a sought-after rental market.

Expansive, unfinished third‑floor attic (over 1,100 sq ft) with vinyl windows, electric, and A/C offers significant potential.
Each unit features 2 bedrooms, 1 bath, hardwood floors, living room with decorative fireplace, formal dining room with built‑in cabinetry, and a kitchen with breakfast nook.
Recent updates include two new furnaces, updated ductwork, newer electrical panel, newer roof, two new rear decks, and freshly painted common areas.
Each unit includes one space in a 2‑car garage with power door, plus shared basement access with laundry and a remodeled third full bathroom.
Long‑term tenants with month‑to‑month leases and below‑market rents provide immediate upside potential for investors.

Updated: Apr 14

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$325,000

2,850 SF

Updated Duplex with Modern Finishes

5406-5408 Merkle Avenue, 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: Oct 10, 2025

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$257,500

1,976 SF

Parma Duplex with Dual Porches

Inviting duplex in Parma, perfect for owner-occupant or investor.

4906 Albertly Avenue, Parma, OH 44134

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$255,000

2,232 SF

Well-Maintained Duplex in Parma, OH

Spacious duplex with recent updates, ideal for owner-occupancy.

5240 State Road, Parma, OH 44134

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$210,000

0.11 Acres

Mixed-Use Property in Parma, OH

Mixed-use property with commercial and residential income potential.

5432 State Road, Parma, OH 44134

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$265,000

2,153 SF

Parma Colonial with Income Potential

Unique colonial ideal for flexible living and income generation.

6507 Luelda Avenue, Parma, OH 44129

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$259,900

2,160 SF

Parma Duplex: Investment Opportunity

Brick duplex in Parma with long-term tenants, great investment.

6125 W 54th Street, Parma, OH 44129

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$333,800

3,236 SF

Multifamily Property with Three Units

Three-unit multifamily property available for sale.

6814 Bradley Avenue, Parma, OH, USA, Parma, OH 44129

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Based on your search, we've compiled 42 Potential Opportunities for your consideration. Besides 8 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.

Explore Opportunities in Nearby Cities

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

$249,000

0.12 Acres

Updated Duplex in Old Brooklyn

Updated duplex with income potential in Cleveland's Old Brooklyn.

4212 Wichita Avenue, Cleveland, OH 44109

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$205,000

2,164 SF

Updated Duplex in Cleveland

Two-unit property with updated features and recent improvements.

5214 Northcliff Avenue, Cleveland, OH 44144

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Fully Occupied Renovated Apartment Building

$949,900

0.25 Acres

Fully Occupied Renovated Apartment Building

Eleven-unit apartment building in Brooklyn, Ohio, fully renovated and occupied.

4339 Ridge Road, Brooklyn, OH 44144

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Brooklyn Multifamily Investment Opportunity

$1,070,000

10,080 SF

Brooklyn Multifamily Investment Opportunity

14-unit multifamily property in Brooklyn, Ohio.

4230 Ridge Rd, Brooklyn, OH 44144

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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.

$37,500

0.63 Acres

Residential Lot in Vernon Township

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

10312 PERRY Highway, Meadville, PA 16335

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$182,000

0.83 Acres

Grove City Land Opportunity

Land available in Grove City, suitable for residential or commercial.

2120 Edwards Road, Grove City, OH 43123

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$125,900

Cleared Land with Development Potential

22-acre cleared land near Lake Erie with utilities.

Fredonia, NY 14063

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$275,000

8.00 Acres

Land Ready for Development

8-acre land parcel zoned for mobile home park.

1, Smithfield, PA 15478

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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.

Park Dr

APARTMENT HOUSE (5+ UNITS) • 2.59 Acres

Value Estimation by Request

Park Dr, Parma, OH 44134

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Broadview Rd

APARTMENT HOUSE (5+ UNITS) • 0.31 Acres

Value Estimation by Request

Broadview Rd, Parma, OH 44134

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Broadview Rd

APARTMENT HOUSE (5+ UNITS) • 1.35 Acres

Value Estimation by Request

Broadview Rd, Parma, OH 44134

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Ames Rd

GARDEN APT, COURT APT (5+ UNITS) • 2.01 Acres

Value Estimation by Request

Ames Rd, Parma, OH 44129

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Rdg Rd

APARTMENT HOUSE (5+ UNITS) • 0.17 Acres

Value Estimation

$1,090,000

Rdg Rd, Parma, OH 44129

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7737 Rdg Rd

APARTMENT HOUSE (5+ UNITS) • 3,136 SF

Value Estimation by Request

7737 Rdg Rd, Parma, OH 44129-6648

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6029 State Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 1,510 SF

Value Estimation by Request

6029 State Rd, Parma, OH 44134-2869

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6891 State Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 4,356 SF

Value Estimation by Request

6891 State Rd, Parma, OH 44134-4673

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6539 Roycroft Dr

APARTMENT HOUSE (UNDER 5 UNITS) • 2,754 SF

Value Estimation by Request

6539 Roycroft Dr, Parma, OH 44129-5532

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5451 Broadview Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 4,056 SF

Value Estimation by Request

5451 Broadview Rd, Parma, OH 44134-7807

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Whittington Dr

APARTMENT HOUSE (5+ UNITS) • 0.12 Acres

Value Estimation by Request

Whittington Dr, Parma, OH 44129

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7310 Whittington Dr

APARTMENT HOUSE (5+ UNITS) • 0.12 Acres

Value Estimation by Request

7310 Whittington Dr, Parma, OH 44129-4465

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5519 Pearl Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 4,230 SF

Value Estimation by Request

5519 Pearl Rd, Parma, OH 44129-2552

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6326 Canterbury Rd

APARTMENT HOUSE (5+ UNITS) • 0.11 Acres

Value Estimation by Request

6326 Canterbury Rd, Parma, OH 44129

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Rdg Rd

APARTMENT HOUSE (5+ UNITS) • 4,320 SF

Value Estimation by Request

Rdg Rd, Parma, OH 44129

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5376 Broadview Rd

APARTMENT HOUSE (5+ UNITS) • 0.15 Acres

Value Estimation by Request

5376 Broadview Rd, Parma, OH 44134-1623

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Parma, OH Multifamily Properties Investment Opportunities Market Analysis

Explore 34 multifamily properties for sale in Parma, OH, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 505,541 square feet of properties for sale, with an estimated market value of $6,862,400.

Sale prices for multifamily properties in Parma, OH start at $90,000, averaging $285,933, and reaching up to $1,025,000 — 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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Parma, OH Multifamily Properties for Sale

Spacious Tudor Duplex in Parma

Well-maintained duplex with upside potential in a sought-after rental market.

Updated Duplex with Modern Finishes

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

Parma Duplex with Dual Porches

Well-Maintained Duplex in Parma, OH

Mixed-Use Property in Parma, OH

Parma Colonial with Income Potential

Parma Duplex: Investment Opportunity

Multifamily Property with Three Units

Explore Opportunities in Nearby Cities

Updated Duplex in Old Brooklyn

Updated Duplex in Cleveland

Fully Occupied Renovated Apartment Building

Brooklyn Multifamily Investment Opportunity

Potential Development Sites for Consideration

Residential Lot in Vernon Township

Grove City Land Opportunity

Cleared Land with Development Potential

Land Ready for Development

Explore Off-Market Properties in Parma, OH

Park Dr

Broadview Rd

Broadview Rd

Ames Rd

Rdg Rd

7737 Rdg Rd

6029 State Rd

6891 State Rd

6539 Roycroft Dr

5451 Broadview Rd

Whittington Dr

7310 Whittington Dr

5519 Pearl Rd

6326 Canterbury Rd

Rdg Rd

5376 Broadview Rd

Parma, OH Multifamily Properties Investment Opportunities Market Analysis

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