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  • $399,000

    6448 Ridge Rd, Parma, OH 44129

    8beds
    4,000sqft
    Triplex, Multi Family
    Built in 1978
    -- sqft lot
    $394,500 Zestimate®
    $100/sqft
    $1,091 Estimated rent

    Home value

    $394,500

    $375,000 - $414,000

    $1,091/mo

    Zestimate® history
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    What's special

    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. ***MULTIPLE OFFERS RECEIVED, DEADLINE MON 3/23 at NOON***

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Michael L Magno 330-990-3744 michael@themagnogroup.com,

    Keller Williams Living

    Bought with:

    Lisa M Swain, 2018002790

    RE/MAX Edge Realty

    Source: MLS Now,MLS#: 5193590MLS LogoOriginating MLS: Akron Cleveland Association of REALTORS

    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

    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 sqft
    • 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 & neighborhood

    Location
    • Region: Parma
    • Subdivision: Ridgewood 08

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange

    Price history

    DateEventPrice
    4/14/2026Sold$399,000$100/sqft
    Source: MLS Now #5193590 Report a problem
    3/28/2026Pending sale$399,000$100/sqft
    Source: MLS Now #5193590 Report a problem
    3/17/2026Listed for sale$399,000$100/sqft
    Source: MLS Now #5193590 Report a problem
    2/21/2026Pending sale$399,000$100/sqft
    Source: MLS Now #5185692 Report a problem
    2/12/2026Listed for sale$399,000+38.7%$100/sqft
    Source: MLS Now #5185692 Report a problem
    8/7/2024Listing removed--
    Source: Zillow Rentals Report a problem
    7/26/2024Listed for rent$1,195+8.6%
    Source: Zillow Rentals Report a problem
    6/23/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    6/21/2021Listed for rent$1,100+4.8%
    Source: Zillow Rental Manager Report a problem
    1/17/2021Listing removed--
    Source: Keller Williams Report a problem
    12/19/2020Listed for rent$1,050
    Source: Keller Williams Elevate #4246231 Report a problem
    12/17/2020Sold$287,575-4.1%$72/sqft
    Source: MLS Now #4233902 Report a problem
    10/31/2020Pending sale$300,000$75/sqft
    Source: Howard Hanna - North Royalton #4233902 Report a problem
    10/21/2020Listed for sale$300,000+9.1%$75/sqft
    Source: Howard Hanna - North Royalton #4233902 Report a problem
    11/21/2018Sold$275,000-3.5%$69/sqft
    Source: Public Record Report a problem
    10/30/2018Pending sale$284,900$71/sqft
    Source: BHHS Kovack REALTORS #4002292 Report a problem
    8/27/2018Price change$284,900-2.4%$71/sqft
    Source: BHHS Kovack REALTORS #4002292 Report a problem
    7/31/2018Price change$292,000-1.7%$73/sqft
    Source: BHHS Kovack REALTORS #4002292 Report a problem
    5/27/2018Listed for sale$297,000+6.5%$74/sqft
    Source: BHHS Kovack REALTORS #4002292 Report a problem
    8/2/2011Listing removed$278,900$70/sqft
    Source: Howard Hanna - Medina #3231891 Report a problem
    5/28/2011Listed for sale$278,900$70/sqft
    Source: Howard Hanna - Medina #3231891 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,999 -8.8%$106,930 +6.2%
    2023$6,581 +0.6%$100,660
    2022$6,539 -3.3%$100,660
    2021$6,765 +50.7%$100,660 +69.3%
    2020$4,488 +3.1%$59,470 +0%
    2019$4,355 -12.1%$59,460 0%
    2018$4,957 +2.7%$59,470 +10%
    2017$4,827 -26.6%$54,040
    2016$6,576 $54,040
    2015$6,576 +48.4%$54,040 -2%
    2014$4,432 +2.2%$55,160
    2013$4,339 +4.5%$55,160
    2012$4,152 -9.1%$55,160 -14%
    2011$4,568 +9.6%$64,120
    2010$4,168 +0.8%$64,120
    2009$4,133 -4.7%$64,120 -11%
    2008$4,338 +4%$72,040
    2007$4,171 +3%$72,040
    2006$4,051 +6.4%$72,040 +8.4%
    2005$3,808 +11.1%$66,440
    2004$3,426 +1.6%$66,440
    2003$3,372 +5%$66,440 +7.5%
    2002$3,212 -38.7%$61,810
    2001$5,235 -0.1%$61,810
    2000$5,241 $61,810

    Find assessor info on the county website

    Neighborhood: 44129

    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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    Estimated market value
    $394,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $394,500