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Pending
  • $210,000

    5432 State Rd, Parma, OH 44134

    3beds
    --sqft
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    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.
    240 days
    |
    37
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed 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

      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 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: 106 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        1/31/2026Pending sale$210,000
        Source: MLS Now #5167940 Report a problem
        1/30/2026Listed for sale$210,000
        Source: MLS Now #5167940 Report a problem
        1/1/2026Pending sale$210,000
        Source: MLS Now #5167940 Report a problem
        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
        1/9/2018Sold$70,000-30%
        Source: MLS Now #3931657 Report a problem
        2/14/2001Sold$100,000
        Source: Public Record Report a problem

        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
        2021$2,857 +5.4%$33,810 +10%
        2020$2,711 +2.4%$30,730
        2019$2,647 -13.4%$30,730
        2018$3,056 +7.9%$30,730 +13.3%
        2017$2,832 +12.1%$27,130
        2016$2,526 $27,130
        2015$2,526 -10.4%$27,130 -12%
        2014$2,820 $30,840

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
          See how much you could borrow to make a competitive offer.

          Climate risks

          Neighborhood: 44134

          Getting around

          71 / 100
          Very Walkable
          37 / 100
          Some Transit
          54 / 100
          Bikeable

          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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