Fantastic investment opportunity or ideal owner-occupant option! This well-maintained two-family property is located just west of Ridge and south of I-48, offering convenience and flexibility. Each unit features two bedrooms and one full bath, for a total of four bedrooms and two baths. The home includes a large unfinished attic with expansion potential, a two-car garage, and a deep backyard extending 279 feet. Recent improvements add significant value, including new windows (2021 and 2025), new air conditioning units in both apartments (2025), a furnace installed in 2014, roof replacement in 2010, hot water tanks updated in 2019, vinyl siding, and glass block basement windows. With modern updates and classic charm, this property is perfect for investors or homeowners seeking rental income.
Prime Parma Duplex – Excellent Owner-Occupant or Investor Opportunity in Desirable Parma City Schools Rarely available 4-bedroom, 2-bath duplex offering two spacious 2-bedroom, 1-bathroom units with separate utilities and separate entrances. Ideal for the owner-occupant who wants to live in one unit while the tenant pays most or all of the mortgage, or for the investor seeking immediate cash flow in one of Parma’s most sought-after neighborhoods. This well-maintained property combines classic charm with modern updates. Both units feature beautiful hardwood floors and original woodwork throughout. The downstairs unit is completely move-in ready, freshly painted, and includes brand-new luxury vinyl plank flooring in both bedrooms. The upstairs unit is tenant-occupied by a reliable long-term tenant, is in great condition, and provides instant rental income from day one. Recent updates include a roof that is approximately 10 years old, both furnaces (approximately 5 years old), one hot water tank replaced in 2019 and the other replaced in 2022. Exterior features include maintenance-free vinyl siding, a fully fenced backyard with a large deck perfect for entertaining, a charming covered front porch, and a rare two-car detached garage that is split into two separate one-car garages—one dedicated to each unit. Each garage is equipped with its own automatic garage door opener and exterior keypad for convenient, private access. Each unit also has its own basement with laundry hookups. Located in the highly regarded Parma City School District, this turnkey duplex is priced to sell quickly and represents an outstanding opportunity for house-hacking, immediate rental income, or multi-generational living. Don’t miss this gem – schedule your private showing today!
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.
Excellent investment opportunity! This well-maintained duplex offers two spacious units, each featuring, living room, dining room, kitchen, 2 bedrooms and 1 bathroom. Spacious porches on both units. Recent updates include a new roof, upgraded electrical system, and refreshed bathrooms in both units, providing peace of mind and modern comfort. Whether you’re looking to expand your rental portfolio or someday live in one unit while renting out the other once the current lease expires, this property offers great versatility and long-term value.
Wow! This duplex home is truly amazing! This up-and-down beauty is a rare find, offering two beautifully updated units full of character and charm. The first-floor unit features a stylish kitchen with hard surface counters, soft-close cabinetry, a farmhouse sink, updated flooring, and stainless steel appliances. You'll love the spacious dining and living rooms, highlighted by gleaming dark wood floors, rich natural woodwork, built-in cabinets with leaded glass, large windows that flood the space with natural light, and a cozy fireplace. The wood floors continue through the two generous bedrooms, and the full bath has been completely remodeled with modern finishes. The second-floor unit is equally impressive, showcasing the same quality remodel and design as the first floor. Its kitchen includes a huge pantry for added storage. The living and dining rooms, along with both bedrooms, feature gorgeous hardwood floors in a lighter palette, creating a warm and inviting atmosphere. Each unit enjoys its own private front porch, plus entry access from both the front and side of the home. The basement provides wide open storage space, washers and dryers for both units, separate heating, cooling and H2O for each unit and even another full bath. Outside, you will find a large two-car garage and a charming fenced yard offering privacy and space to relax. The remodel of this lovely home includes H2O, furnaces, C/A in 2022, New windows in 2011, roof in 2019, Appliances in 2021, refinished wood floors in 2020 and kitchen and baths 2021 to name a few. Don't miss out on this outstanding opportunity.
Beautifully maintained Brick duplex conveniently located on Ridge Road in Parma. All essential amenities available within close proximity for your convenience and adjacent from the Ridgewood Golf Course (with club house and community event center project underway). Both units feature two spacious bedrooms, open living room with dining area, functional kitchen layouts complete with pantries, enclosed porches on the rear for additional space to relax, and multiple entrances. The full basement offers additional storage space and multiple laundry hookups. The deep driveway and detached garage allow plenty of parking for you, your tenants, and/or guests. Recent cosmetic updates and some newer mechanical systems including furnace and central air conditioning unit for one of the units in 2021, newer water heater in 2020, some updated fixtures in the kitchen and other living spaces in 2020, and more!
Parma is located in Ohio. Parma, Ohio has a population of 80,880. Parma is less family-centric than the surrounding county with 21.75% of the households containing married families with children. The county average for households married with children is 23.83%.
The median household income in Parma, Ohio is $60,590. The median household income for the surrounding county is $55,109 compared to the national median of $69,021. The median age of people living in Parma is 42.5 years.
The average high temperature in July is 83 degrees, with an average low temperature in January of 22 degrees. The average rainfall is approximately 38.3 inches per year, with 53.6 inches of snow per year.
