6448 Ridge Road Parma, OH $ 399,000
6448 Ridge Road
$ 399,000
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6448 Ridge Road

Parma, OH, 44129
$ 399,000
Bedrooms8 Baths3.2 Sq 4,000

Monthly Estimate*

$ 2,457

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Multi-Family Home for sale in Parma, OH

for $399,000 with 8 bedrooms and 3 full baths, 2 half baths. This 4,000 square foot home was built in 1978 on a lot size of 0.1664.

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.

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Multi-Family Active

Price

$ 399,000

Bedrooms

8

Full Bath

3

Half Bath

2

Property Type

Multi-Family

Taxes

$ 6,822

Style

Lot Size

0.1664

Year Built

1978

Town/City

Parma

County/Region

Cuyahoga

MLS | Web ID

5193590

Features
General
Sewer Public Sewer
Heating Forced Air Gas
Cooling Central Air
Possession Delivery Of Deed
Roof Asphalt Fiberglass
Garage Spaces 3
Construction Materials Brick
Year Built 1978
Tenant Pays Cable TV Electricity Gas
Stories Count 3
Township Parma
Levels Three Or More
Property Subtype Triplex
Tax Year 2024
Gross Income 34500
Accessibility None
County Cuyahoga
Property Type Residential Income
Attached Garage false
Subdivision Name Ridgewood 08
Facing Direction East
Garage Y/N true
Total Rooms 14
Full Baths 3
Status Active
Directions Ridge Rd
City Parma
Disclosures Principal is Real Estate Licensed
High School District Parma CSD - 1824
Lot Size Units Acres
Carport Y/N false
Tax Annual Amount 6822
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 Triplex
Legal Description 1 RDGW#8 4455 ALL
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Interior
Basement None
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Above Grade Finished Area 4000
Half Baths 2
Total Bedrooms 8
Main Level Bathrooms 0
Above Grade Finished Area Source Other
Total Baths 5
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Exterior
Parking Features Detached Garage Paved
Lot Features Wooded
Water Source Public
Lot Size Area 0.1664
Number of Buildings 1
Lot Size Acres 0.1664
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded Features
List By
Michael L Magno

Listing Agent

Keller Williams Living

Broker

michael@themagnogroup.com

Email

Affordability Calculator

$3,025
Per Month
81%
19%
0%
Monthly Principal & Interest
$2,457
Monthly Property Taxes
$569
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4457930 Elementary School
4457950 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/17/2026$399,000 Listed Price

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6448 Ridge Road, Parma, OH, 44129 is a Multi-Family Home for sale at $399,000 with 4,000 sqft and a lot size of 0.1664. 6448 Ridge Road has 8 bedrooms, 3.2 baths, and was built in 1978. The property's zip code is 44129 which is in Parma, OH