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For sale
  • Price cut: $5K (12/23)
    $210,000

    5432 State Rd, Parma, OH 44134

    3beds
    --sqft
    : 
    Duplex, Multi Family
    Built in 1930
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Generous bedroomsAttractive storefrontWell-appointed kitchenBeautifully maintained three-bedroom apartmentModern amenities
    Introducing a rare investment opportunity in a thriving community! This mixed-use property in Parma features a hair and nail salon on the ground floor, along with a spacious three-bedroom apartment above. This unique property combines the benefits of a stable commercial tenant with the potential for reliable residential rental income. The recently renovated hair and nail salon has just signed a two-year lease ($1200 a month), ensuring a consistent income stream for the new owner. The attractive storefront and prime location offer excellent visibility and foot traffic, contributing to the ongoing success of the business. The second floor is home to a beautifully maintained three-bedroom apartment, providing ample space and modern amenities for tenants and recently updated through out. With a spacious living area, well-appointed kitchen, and generous bedrooms, this apartment offers comfortable living in a convenient location. Investors seeking a diversified revenue stream and a prime location in a bustling neighborhood. Take advantage of the stable commercial tenant, the updated residential unit, and the property's excellent visibility to secure a strong return on your investment.
    62 days
    |
    1,284
    |
    81
    |

    Zillow last checked: 8 hours ago

    Listing updated: December 23, 2025 at 10:48am

    Listing Provided by:

    Chris Kilbane 440-915-8257 chriskilbanesells@gmail.com,

    Russell Real Estate Services

    Source: MLS Now,MLS#: 5167940MLS LogoOriginating MLS: Akron Cleveland Association of REALTORS

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • Central Air
    Features
    • Basement: Unfinished
    Video & virtual tour

    Property

    Parking
    • Parking features: Parking Lot
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 4,987.62 Square Feet
    Details
    • Parcel number: 44330135

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Vinyl Siding
    • Roof: Asphalt,Fiberglass
    Condition
    • Year built: 1930

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: George Blake
    Location
    • Region: Parma

    Financial & listing details

    • Tax assessed value: $114,100
    • Annual tax amount: $3,698
    • Date on market: 10/28/2025
    • Cumulative days on market: 63 days
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    12/23/2025Price change$210,000-2.3%
    Source: MLS Now #5167940 Report a problem
    12/5/2025Price change$215,000-4.4%
    Source: MLS Now #5167940 Report a problem
    11/26/2025Price change$225,000-1.7%
    Source: MLS Now #5167940 Report a problem
    11/17/2025Price change$229,000-2.6%
    Source: MLS Now #5167940 Report a problem
    10/28/2025Listed for sale$235,000+235.7%
    Source: MLS Now #5167940 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$3,081 +11.6%$39,940 +18.1%
    2023$2,761 +0.2%$33,810
    2022$2,756 -3.5%$33,810

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $1,228/mo
    Principal & interest
    $814
    Property taxes
    $340
    Home insurance
    $74

      Climate risks

      Neighborhood: 44134

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • District: Parma CSD - 1824

      Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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