5240 State Road Parma, OH ^$ 265,000

5240 State Road

^$ 265,000

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5240 State Road

Parma, OH, 44134

^$ 265,000

Bedrooms4 Baths2.0 Sq 2,232

Monthly Estimate*

^$ 1,653

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Multi-Family Home for sale in Parma, OH

for $265,000 with 4 bedrooms and 2 full baths. This 2,232 square foot home was built in 1926 on a lot size of 0.1393.

Excellent investment opportunity! This well-maintained duplex offers two spacious units, each featuring, living room, dining room, kitchen, 2 bedrooms and 1 bathroom. Spacious porches on both units. Recent updates include a new roof, upgraded electrical system, and refreshed bathrooms in both units, providing peace of mind and modern comfort. Whether you’re looking to expand your rental portfolio or someday live in one unit while renting out the other once the current lease expires, this property offers great versatility and long-term value.

Multi-Family Active

Price

^$ 265,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 7,612

Style

Lot Size

0.1393

Year Built

1926

Town/City

Parma

County/Region

Cuyahoga

MLS | Web ID

5164130

Features

General

Sewer Public Sewer

Heating Forced Air Fireplace(s) Gas

Cooling None

Possession Delivery Of Deed

Roof Asphalt Shingle

Appliances Range Refrigerator

Construction Materials Other Wood Siding

Year Built 1926

Stories Count 2

Township Parma

Levels Two

Property Subtype Duplex

Tax Year 2024

County Cuyahoga

Property Type Residential Income

Attached Garage false

Subdivision Name State Brook

Garage Y/N false

Full Baths 2

Status Active

Directions From Brookpark Rd turn to State Rd

City Parma

High School District Parma CSD - 1824

Lot Size Units Acres

Carport Y/N false

Tax Annual Amount 7612

Home Warranty Y/N false

Living Area Units Square Feet

Standard Status Active

Middle/Junior School District Parma CSD - 1824

Elementary School District Parma CSD - 1824

Year Built Source Public Records

Property Sub Type Additional Duplex

Legal Description 3 STBRK 0011 ALL

Interior

Basement Partially Finished

Total Stories 2

Basement (Y/N) false

Air Conditioning Y/N false

Heating Y/N true

Fireplace Y/N true

Above Grade Finished Area 2232

Half Baths 0

Laundry Features In Unit

Total Bedrooms 4

Main Level Bathrooms 0

Above Grade Finished Area Source Assessor

Total Baths 2

Exterior

Parking Features Parking Pad

Water Source Public

Lot Size Area 0.1393

Number of Buildings 1

Lot Size Acres 0.1393

Lot Size Source Public Records

Waterfront Y/N false

* Excluded Features

List By

Christopher Trivisonno

Listing Agent

Keller Williams Living

Broker

cj@trivteam.com

Affordability Calculator

$2,288

Per Month

Monthly Principal & Interest: $1,653
Monthly Property Taxes: $634
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Parma, OH

Average List Price ^$278,544

Percent of Sale Price 5%

About Parma, OH

80,581 Population

-6% Since 2002

^$51,338 Median Income

41.8 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4457930 Elementary School

4457950 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/10/2025	$265,000	-6.98%	Price Down
10/21/2025	$284,900		Listed Price

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5240 State Road, Parma, OH, 44134 is a Multi-Family Home for sale at $265,000 with 2,232 sqft and a lot size of 0.1393. 5240 State Road has 4 bedrooms, 2.0 baths, and was built in 1926. The property's zip code is 44134 which is in Parma, OH

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the YES MLS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the YES MLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/22/2025.

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5240 State Road

Multi-Family Home for sale in Parma, OH

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