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For sale
  • $399,000

    6448 Ridge Rd, Parma, OH 44129

    8beds
    4,000sqft
    : 
    Triplex, Multi Family
    Built in 1978
    -- sqft lot
    $-- Zestimate®
    $100/sqft
    $-- HOA

    What's special

    Functional layoutsOff-street parking
    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***
    4 days
    |
    1,046
    |
    54
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: March 19, 2026 at 12:43pm

    Listing Provided by:

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

    Keller Williams Living

    Source: MLS Now,MLS#: 5193590MLS LogoOriginating 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: 3/17/2026
      • Cumulative days on market: 13 days
      • Listing terms: Cash,Conventional,1031 Exchange
      • Tenant pays: Cable TV, Electricity, Gas
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        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: MLS Now #4002292 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

        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

        BuyAbility℠ payment

        Est. payment
        $2,597/mo
        Principal & interest
        $1959
        Property taxes
        $638
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          Climate risks

          Neighborhood: 44129

          Getting around

          58 / 100
          Somewhat Walkable
          37 / 100
          Some Transit
          46 / 100
          Somewhat 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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