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    Parma, OH Multifamily Properties for Sale

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    Cleveland, OH Parma Heights, OH North Royalton, OH
    9 results
    Parma Multifamily Investment Opportunity
    $560,000
    4,386 SF
    Parma Multifamily Investment Opportunity

    6118 Ridge Road, Parma, OH 44129

    Six-unit building in Parma, near Cleveland, with income growth potential.
    • Prime location in Parma, Ohio, just 10 minutes from Downtown Cleveland, appealing to renters.
    • Six‑unit multi‑family building offering significant rental income potential.
    • Low‑maintenance brick exterior with recently updated driveway and parking pad.
    • Updated electrical boxes, hot water tank, double pane windows, and appliances.
    • Basement with coin laundry provides additional income stream.
    Updated: May 1
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    Updated Duplex with Income Potential
    $209,900
    1,814 SF
    Updated Duplex with Income Potential

    5406 Theota Avenue, Parma, OH 44129

    Low-maintenance duplex with updated features and strong income potential.
    • Strong income potential from a multi‑family duplex, ideal for owner‑occupancy or investment.
    • Updated lower level with remodeled hardwood floors and spacious layout.
    • Newer exterior updates including siding, roofing, and lower‑level windows, reducing maintenance.
    • Tenant‑occupied upper unit provides immediate rental income and stability.
    • Spacious lower unit layout with large family room, formal dining area with built‑ins, and eat‑in kitchen.
    Updated: May 27
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    Parma Duplex: Investment Opportunity
    $350,000
    2,240 SF
    Parma Duplex: Investment Opportunity

    Newer duplex with renovated units and strong investment potential.

    4910 & 4912 Yorkshire Avenue, Parma, OH 44134

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    Parma Brick Duplex with Updates
    $265,000
    2,024 SF
    Parma Brick Duplex with Updates

    Well-maintained duplex with updated features and long-term tenants.

    6115 Brownfield Drive, Parma, OH 44129

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    Remodeled Parma Duplex with Garage
    $335,000
    2,324 SF
    Remodeled Parma Duplex with Garage

    Updated duplex in Parma with a newer 3-car garage.

    3806 Liggett Drive, Parma, OH 44134

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    Well-Maintained Parma Duplex For Sale
    $240,000
    2,232 SF
    Well-Maintained Parma Duplex For Sale

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

    5240 State Road, Parma, OH 44134

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    Parma Multifamily Property with Suite
    $175,000
    1,378 SF
    Parma Multifamily Property with Suite

    Multifamily property featuring a main house and detached suite.

    7411 Wooster, Parma, OH 44129

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    Mixed-Use Property in Parma, OH
    $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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    Multifamily Property with Three Units
    $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 43 Potential Opportunities for your consideration. Besides 9 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.

    Four-Unit Multifamily Property in Cleveland
    $369,900
    3,490 SF
    Four-Unit Multifamily Property in Cleveland

    Four 2-bedroom units with income potential in Old Brooklyn.

    4764 Pearl Road, Cleveland, OH 44109

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    Old Brooklyn Duplex Opportunity
    $200,000
    2,042 SF
    Old Brooklyn Duplex Opportunity

    Classic duplex in up-and-coming Old Brooklyn neighborhood.

    2822 Saratoga Avenue, Cleveland, OH 44109

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    Renovated Duplex with Income Potential
    $350,000
    2,865 SF
    Renovated Duplex with Income Potential

    Updated Cleveland duplex, ideal for investors or owner-occupants.

    2811 Oak Park Avenue, Cleveland, OH 44109

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    Duplex in Old Brooklyn
    $129,900
    1,360 SF
    Duplex in Old Brooklyn

    Well-maintained duplex in Old Brooklyn with income potential.

    3009 Cypress Avenue, Cleveland, OH 44109

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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
    $765,000
    5.66 Acres
    Eastlake Marina District Land

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

    35783 Lake Shore Boulevard, Eastlake, OH 44095

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    Residential Land in Mount Gilead
    Contact for pricing
    0.40 Acres
    Residential Land in Mount Gilead

    Land available in Mount Gilead with lake amenities.

    7326 State Route 19, Mount Gilead, OH 43338

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    Residential Lot in Vernon Township
    $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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    Wintersville Land For New Development
    $98,000
    3.92 Acres
    Wintersville Land For New Development

    Nearly 4 acres ideal for housing or commercial development.

    601 County Road 34, Wintersville, OH 43953

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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)
    Lot: 2.59 Acres
    Value Estimation by Request

    Park Dr, Parma, OH 44134

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    Broadview Rd
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.31 Acres
    Value Estimation by Request

    Broadview Rd, Parma, OH 44134

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    Broadview Rd
    APARTMENT HOUSE (5+ UNITS)
    Lot: 1.35 Acres
    Value Estimation by Request

    Broadview Rd, Parma, OH 44134

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    Ames Rd
    GARDEN APT, COURT APT (5+ UNITS)
    Lot: 2.01 Acres
    Value Estimation by Request

    Ames Rd, Parma, OH 44129

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    Rdg Rd
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.17 Acres
    Estimated value
    $1,090,000

    Rdg Rd, Parma, OH 44129

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    7737 Rdg Rd
    APARTMENT HOUSE (5+ UNITS)
    3,136 SF Lot: 1.08 Acres
    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 Lot: 0.19 Acres
    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 Lot: 0.29 Acres
    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 Lot: 0.23 Acres
    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 Lot: 0.25 Acres
    Value Estimation by Request

    5451 Broadview Rd, Parma, OH 44134-7807

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    Whittington Dr
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.12 Acres
    Value Estimation by Request

    Whittington Dr, Parma, OH 44129

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    7310 Whittington Dr
    APARTMENT HOUSE (5+ UNITS)
    Lot: 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 Lot: 0.51 Acres
    Value Estimation by Request

    5519 Pearl Rd, Parma, OH 44129-2552

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    6326 Canterbury Rd
    APARTMENT HOUSE (5+ UNITS)
    Lot: 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 Lot: 0.05 Acres
    Value Estimation by Request

    Rdg Rd, Parma, OH 44129

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    Parma, OH Multifamily Properties Investment Opportunities Market Analysis

    Explore 35 multifamily properties for sale in Parma, OH, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 23,934 square feet of properties for sale, with an estimated market value of $3,021,200.

    Sale prices for multifamily properties in Parma, OH start at $175,000, averaging $302,120, 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

    Duplexes 6
    Apartment buildings 1
    Triplexes 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 median listing prices of real estate assets

    Neighborhood Average Price
    Cleveland - 44134 $278.5K
    Cleveland - 44129 $306.5K

    Listings Trend

    Total CRE Area on Market Trend

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