$399,000

6448 Ridge Road, Parma, OH 44129

  • 8 beds |
  • 5 baths |
  • 4,000 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1978
  • Property Lot Size Icon7,248sqft lot
  • Property Parking Icon 3 car garage
  • Property Price Per Square Feet Icon $100/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

Solid, well-maintained 3-unit brick investment property located at 6448 Ridge Rd on the desirable south end of Parma. Built in 1971, this 8-bedroom building offers durable construction, functional layouts, and long-term stability in a high-demand suburban rental market. Current rents of $1,210, $1,255, and $1,017 provide immediate income, with long-term tenants in Units 1 and 2 in place since 2019. Tenants pay their own electric and gas, while the owner covers water/sewer and yard maintenance, keeping operations simple and predictable. A 3-car garage provides valuable off-street parking, supporting tenant retention and long-term desirability. Conveniently located near shopping, dining, major highways, and everyday amenities, this location consistently attracts quality tenants. A local professional property manager is currently in place and willing to remain, offering a seamless transition for out-of-area or hands-off investors. Do not disturb tenants or approach the property. Pics from before tenants moved in. Offered at $399,900, this is a stable, income-producing asset ideal for investors seeking reliable cash flow and long-term performance in one of Parma’s most consistent rental corridors.

Listing Status:
Active
Data Last Updated:
February 14, 2026 at 6:21PM
Listing Office:
Keller Williams Living : 440-318-1620
Listing Agent:
Michael L Magno : 216-236-8849
MLS ID:
5185692
  • Basement: None
  • A/C: Central Air
  • Heating: Forced AirGas
  • Disability Feature: None
  • Parking: DetachedGaragePaved
  • Roofing: AsphaltFiberglass
  • General: Brick3
  • Originating MLS: NOWDD_NORM
  • School District: Parma CSD - 1824
  • County: Cuyahoga
  • Zoning: 1 RDGW#8 4455 ALL449-19-044
  • Water: Public
  • Sewer: Public Sewer
  • Source: NOWDD_NORM

This listing courtesy of Michael L Magno , Keller Williams Living

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Renwood Elementary School

8020 Deerfield Dr, Cleveland, OH, 44129

Grades KG-4

0.69 miles away

P

Parma High School

6285 W 54th St, Cleveland, OH, 44129

Grades 8-12

0.80 miles away

P

Parma High School

6285 W 54th St, Cleveland, OH, 44129

Grades 8-12

0.80 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.