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.
For sale
$399,000
6448 Ridge Rd, Parma, OH 44129
8beds
4,000sqft
Est.:
Triplex, Multi Family
Built in 1978
-- sqft lot
$-- Zestimate®
$100/sqft
$-- HOA
What's special
Durable constructionFunctional layoutsOff-street parking
- 1 day |
- 429 |
- 29 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: February 12, 2026 at 05:08pm
Listing Provided by:
Michael L Magno 330-990-3744,
Keller Williams Living
Source: MLS Now,MLS#: 5185692
Originating MLS: Akron Cleveland Association of REALTORS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
Heating
- Forced Air, Gas
Cooling
- Central Air
Features
- Basement: None
Interior area
- Total structure area: 4,000
- Total interior livable area: 4,000 sqft
- Finished area above ground: 4,000
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Detached, Garage, Paved
- Garage spaces: 3
Accessibility
- Accessibility features: None
Features
- Levels: Three Or More
- Stories: 3
Lot
- Size: 7,248.38 Square Feet
- Features: Wooded
Details
- Parcel number: 44919044
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Brick
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Ridgewood 08
Location
- Region: Parma
Financial & listing details
- Price per square foot: $100/sqft
- Tax assessed value: $305,500
- Annual tax amount: $6,822
- Date on market: 2/12/2026
- Listing terms: Cash,Conventional,1031 Exchange
- Tenant pays: Cable TV, Electricity, Gas
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/12/2026 | Listed for sale | $399,000+38.7%$100/sqft |
Source: | ||
| 8/7/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/26/2024 | Listed for rent | $1,195+8.6% |
Source: Zillow Rentals Report a problem | ||
| 6/23/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 6/21/2021 | Listed for rent | $1,100+4.8% |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,999 -8.8% | $106,930 +6.2% |
| 2023 | $6,581 +0.6% | $100,660 |
| 2022 | $6,539 -3.3% | $100,660 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,706/mo
Principal & interest
$1928
Property taxes
$638
Home insurance
$140
Climate risks
Neighborhood: 44129
Nearby schools
GreatSchools rating
- 6/10Thoreau Park Elementary SchoolGrades: K-4Distance: 1.9 mi
- 6/10Valley Forge High SchoolGrades: 8-12Distance: 1.5 mi
- 6/10Greenbriar Middle SchoolGrades: 5-7Distance: 2.1 mi
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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