6118 Ridge Road

4,386 Sq. Ft.
$128 / Sq. Ft.
4,386
Sq. Ft.
$128
per Sq. Ft.

Description

Don't miss the opportunity to own this 6 Unit Muiti-family building in a prime location for rental income! Located in Parma, Ohio -10 minutes from Downtown Cleveland, great neighborhood for renters, low maintenance building with brick exterior and recently updated driveway and parking pad. Basement with coin laundry for additional income. Great rental income growth potential verse comparables in area! All units have been maintained by the current owner. Professionally cleaned/painted after each tenant....Don't miss the opportunity to own this 6 Unit Muiti-family building in a prime location for rental income! Located in Parma, Ohio -10 minutes from Downtown Cleveland, great neighborhood for renters, low maintenance building with brick exterior and recently updated driveway and parking pad. Basement with coin laundry for additional income. Great rental income growth potential verse comparables in area! All units have been maintained by the current owner. Professionally cleaned/painted after each tenant. Updated electrical boxes, hot water tank, double pane windows, and appliances upgraded between tenants. Very low vacancy rate! This is a gem for any investor! Unit Mix:
5 - Units- l Bedroom, l Bath, approx. 500 sq ft. l Unit - Efficiency, 1 Bath, approx. 350 sq ft. Owner pays common area gas & electric, pays all water, sewer, garbage, and snow removal. Charges pet fees and coin laundry.
  1. Listed by Halle C Rahz • Century 21 Homestar
    P: (330)-233-2090 halle.rahz@gmail.com

Property Details for 6118 Ridge Road

Has Waterfront
No
LISTING UPDATED: 05/22/2026 04:19 PM

Property Details for 6118 Ridge Road

StatusPending
MLS #5206072
Days on Market20
Taxes$8,516 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1945
Lot Size0.18 AC / 7,710 SF
CountyCuyahoga County

Location

Listing Courtesy of Century 21 Homestar
Add your commute

Building Information for 6118 Ridge Road

Stories3Residences-Year Built1945Building Size-Lot Size0.18 AC / 7,710 SF

Payment Calculator

$3,500 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,791

Property Taxes

$710

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 6118 Ridge Road

Summary
Location and General Information
  • Directions: OH-176 S and I-480 W to Ridge Rd. Take exit 15 from I-480 W. Drive to Ridge Rd in Parma.
  • Latitude: 41.396649
  • Longitude: -81.735049
  • Township: Parma
Taxes and HOA
  • Parcel Number: 449-12-005
  • Tax Annual Amount: $8,516.00
  • Tax Legal Description: 4 RDGW#2 3058 ALL
  • Tax Year: 2025
School Information
  • Elementary School District: Parma CSD - 1824
  • High School District: Parma CSD - 1824
  • Middle or Junior School District: Parma CSD - 1824
Parking
  • Attached Garage: No
  • Carport Spaces: 0.0
  • Carport: No
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: Asphalt, Common
Property
Lot Information
  • Lot Size Acres: 0.177
  • Lot Size Area: 0.177
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
Property and Assessments
  • Above Grade Finished Area: 4386.0
  • Above Grade Finished Area Source: Public Records
  • Living Area: 4386.0
  • Living Area Units: Square Feet
  • Year Built: 1945
  • Year Built Source: Public Records
Building Features
  • Construction Materials: Brick
  • Levels: Three Or More
  • Number of Buildings: 1
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Dryer, Dishwasher, Range, Refrigerator, Washer
  • Basement: Common Basement, Concrete
  • Has Basement: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 0
  • Total Bathrooms Integer: 6
  • Total Bedrooms: 6
  • Cooling: None
  • Has Cooling: No
  • Heating: Forced Air, Gas, Hot Water, Steam
  • Has Heating: Yes
  • Laundry Features: Common Area, In Basement
  • Main Level Bathrooms: 0
Exterior Features
  • Private Pool: No
  • Roof: Composition, Flat
  • Stories: 3
  • Total Stories: 3
Unit Information
Unit 1
  • Actual Rent: $715.00
  • Area: 500.0
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: One Bedroom
Unit 2
  • Actual Rent: $620.00
  • Area: 500.0
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: One Bedroom
Unit 3
  • Actual Rent: $725.00
  • Area: 500.0
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Description: Unit 2, 3, 4, - 1 Bed/bath, Pet fee - $20/month, month to month
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: One Bedroom
Unit 4
  • Actual Rent: $525.00
  • Area: 360.0
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Description: Unit 1, month to month
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: Efficiency
Rental
Rent Information
  • Owner Pays: Common Area Maintenance, Insurance, Repairs, Snow Removal, Taxes, Trash Collection
  • Tenant Pays: All Utilities, Internet

Property History for 6118 Ridge Road

DateEvent & SourcePriceAppreciation
May 21, 2026

Contract Signed

MLS Now #5206072

May 1, 2026

Listed (Active)

MLS Now #5206072

$560,000
Nov 18, 2020

Sold (Public Record)

Public Record #685570101

$279,000

+5.8% / yr

DateEvent & SourcePrice
05/21/2026

Contract Signed

MLS Now #5206072

05/01/2026

Listed (Active)

MLS Now #5206072

$560,000
11/18/2020

Sold (Public Record)

Public Record #685570101

$279,000

+5.8% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 6118 Ridge Road

Taxable ValueLand$12,600Additions$85,050Total$97,650
Tax Record2021$8,408 ($701 / month)
Home Facts
Total Finished SqFt4,386 SqFtAbove Grade Finished SqFt4,386 SqFtStories3Lot Size7,708 SqFtStyleMulti-Family Res (5+ Units)Year Built1945Year Renovated1987ZoningMF-1CountyCUYAHOGAAPN449-12-005

Schools near 6118 Ridge Road

This home is within Parma City School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Public - K to 4
Rating
School
Distance
Thoreau Park Elementary School
PublicK to 4

Greenbriar Middle School
Public5 to 8

Valley Forge High School
Public9 to 12

Parma Park Elementary School
PublicK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Century 21 Homestar

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