Multifamily

Parma, OH Multifamily Properties for Sale

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Found 8 multifamily properties for sale in Parma, OH, averaging $131/sq ft. Use valuation data to compare deals faster.
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Brick Side-by-Side Duplex
Updated: Aug 10
Brick Side-by-Side Duplex

5144 Orchard Park Drive, Parma, OH 44134

$350,000
2,436 sqft 0.50 AC lot
Two‑unit duplex with 3 bedrooms and 2 full bathrooms per unit
2,436 square feet of combined property size
0.4995‑acre lot in Parma, Ohio
All‑brick construction built in 1969
7‑year‑old roof with fiberglass and asphalt materials
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6-Unit Brick Apartment Building
Updated: May 1
6-Unit Brick Apartment Building

6118 Ridge Road, Parma, OH 44129

$560,000
4,386 sqft 0.18 AC lot
6‑unit apartment building with five one‑bedroom units and one efficiency unit
4,386 square feet on a 0.177‑acre parcel
Unit mix includes 5 units at approximately 500 sq ft and 1 efficiency at approximately 350 sq ft
Brick construction with double‑pane windows and updated electrical boxes
Basement coin laundry, updated driveway, and parking pad
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Brick Duplex with Finished Basement
Brick Duplex with Finished Basement

6003 Belmere Drive, Parma, OH 44129

$359,900
0.15 AC lot

Well-maintained two-family home with updated systems, central air, and flexible bonus space.

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See what stands out in Cuyahoga County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in
NOI available after sign in
Local Demand available after sign in
All-Brick Side-by-Side Duplex
All-Brick Side-by-Side Duplex

5144 Orchard Park Dr, Parma, OH 44134

$350,000
2,436 sqft 0.50 AC lot

Two three-bedroom residences share a half-acre parcel with central air, private laundry areas, and rear porches.

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Updated 2-Unit Duplex
Updated 2-Unit Duplex

3016 Tuxedo Avenue, Parma, OH 44134

$299,000
0.11 AC lot

Two renovated residences include modern kitchens, newer mechanical systems, and flexible occupancy options.

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Updated Duplex with Detached Garage
Updated Duplex with Detached Garage

3119 Brookdale Avenue, Parma, OH 44134

$235,000
0.12 AC lot

Two-family property with updated interiors, private outdoor space, and public water and sewer service.

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Updated Duplex with Balconies
Updated Duplex with Balconies

4910 & 4912 Yorkshire Avenue, Parma, OH 44134

$350,000
2,240 sqft 0.10 AC lot

Two three-bedroom units include eat-in kitchens, private balconies, and access to unfinished basement space.

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Duplex With Attached Garage
Duplex With Attached Garage

3430 Marmore Ave, Parma, OH 44134

$259,900
3,192 sqft

Fully occupied and professionally managed, this two-unit property includes separate gas and electric utilities and central air.

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Based on your search, we've compiled 39 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 1 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.

11-Unit Apartment Building with Laundry
11-Unit Apartment Building with Laundry

2115 Silverdale Avenue, Cleveland, OH 44109

$799,999
0.26 AC lot

Updated multifamily property with on-site parking and basement laundry facilities.

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Mixed-Use Property with Pub
Mixed-Use Property with Pub

4920 Pearl Road, Cleveland, OH 44109

$499,900
0.11 AC lot

Includes a pub, two upper-level apartments, an adjacent three-bedroom home, and a newly paved parking area.

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The Finley on Pearl Apartment Building
The Finley on Pearl Apartment Building

4755 Pearl Rd, Cleveland, OH 44109

Contact for pricing
23,046 sqft

Vacant multifamily property with approved zoning and plans for redevelopment in Cleveland, Ohio.

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59-Unit Apartment Portfolio
59-Unit Apartment Portfolio

4101-5753 Ridge Road, Cleveland, OH 44144

$6,500,000
5.00 AC lot

Renovated, professionally managed apartment holdings distributed across eight buildings in three Cuyahoga County communities.

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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.

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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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

$235,000
Estimated value
2.59 AC lot
View details
Broadview Rd
APARTMENT HOUSE (5+ UNITS)

Broadview Rd, Parma, OH 44134

$210,000
Estimated value
0.31 AC lot
View details
Broadview Rd
APARTMENT HOUSE (5+ UNITS)

Broadview Rd, Parma, OH 44134

$215,000
Estimated value
1.35 AC lot
View details
Ames Rd
GARDEN APT, COURT APT (5+ UNITS)

Ames Rd, Parma, OH 44129

$275,000
Estimated value
2.01 AC lot
View details
Rdg Rd
APARTMENT HOUSE (5+ UNITS)

Rdg Rd, Parma, OH 44129

$1,025,000
Estimated value
0.17 AC lot
View details
7737 Rdg Rd
APARTMENT HOUSE (5+ UNITS)

7737 Rdg Rd, Parma, OH 44129-6648

$280,000
Estimated value
3,136 sqft 1.08 AC lot
View details
6029 State Rd
APARTMENT HOUSE (UNDER 5 UNITS)

6029 State Rd, Parma, OH 44134-2869

$90,000
Estimated value
1,510 sqft 0.19 AC lot
View details
6891 State Rd
APARTMENT HOUSE (UNDER 5 UNITS)

6891 State Rd, Parma, OH 44134-4673

$385,000
Estimated value
4,356 sqft 0.29 AC lot
View details
6539 Roycroft Dr
APARTMENT HOUSE (UNDER 5 UNITS)

6539 Roycroft Dr, Parma, OH 44129-5532

$135,000
Estimated value
2,754 sqft 0.23 AC lot
View details
5451 Broadview Rd
APARTMENT HOUSE (UNDER 5 UNITS)

5451 Broadview Rd, Parma, OH 44134-7807

$300,000
Estimated value
4,056 sqft 0.25 AC lot
View details
Whittington Dr
APARTMENT HOUSE (5+ UNITS)

Whittington Dr, Parma, OH 44129

$200,000
Estimated value
0.12 AC lot
View details
7310 Whittington Dr
APARTMENT HOUSE (5+ UNITS)

7310 Whittington Dr, Parma, OH 44129-4465

$200,000
Estimated value
0.12 AC lot
View details
5519 Pearl Rd
APARTMENT HOUSE (UNDER 5 UNITS)

5519 Pearl Rd, Parma, OH 44129-2552

$255,000
Estimated value
4,230 sqft 0.51 AC lot
View details
6326 Canterbury Rd
APARTMENT HOUSE (5+ UNITS)

6326 Canterbury Rd, Parma, OH 44129

$220,000
Estimated value
0.11 AC lot
View details
Rdg Rd
APARTMENT HOUSE (5+ UNITS)

Rdg Rd, Parma, OH 44129

$225,000
Estimated value
4,320 sqft 0.05 AC lot
View details
5376 Broadview Rd
APARTMENT HOUSE (5+ UNITS)

5376 Broadview Rd, Parma, OH 44134-1623

$215,000
Estimated value
0.15 AC lot
View details

Parma, OH Multifamily Properties Market Trends and Statistics

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 14,690 square feet of properties for sale, with an estimated market value of $2,763,800.

Sale prices for multifamily properties in Parma, OH start at $235,000, averaging $345,475, 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 7
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 $307.3K
Cleveland - 44129 $460K

Listings Trend

New vs delisted commercial listings in Cuyahoga County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Cuyahoga County

Residential Income

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