Sold
Last Sold Price
8 beds4,000 sqft
6448 Ridge Road, Parma, OH 44129
Multi FamilyProperty Type
0.17 acresLot Size
1978Year Built
$100/sq ftPrice per sq ft
3 carsParking Spaces

Description

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...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
Listing closed: 04/14/2026 12:00 AM • Source: MLS Now, MLS#: 5193590

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Location

Listing Courtesy of Keller Williams Living

Sold By RE/MAX Edge Realty

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$2,630 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,062

Property Taxes

$569

HOA Dues

$0

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Property Information for 6448 Ridge Road

Property Details
  • Taxes: $6,822 / year
  • MLS Type: Residential Income / Triplex
  • Subdivision Name: Ridgewood 08
  • Has Waterfront: No
Building Information
  • Stories: 3
  • Year Built: 1978
  • Lot Size: 0.17 AC / 7,248 SF
Summary
Location and General Information
  • Directions: Ridge Rd
  • Latitude: 41.388451
  • Longitude: -81.73507
  • Township: Parma
Taxes and HOA
  • Parcel Number: 449-19-044
  • Tax Annual Amount: $6,822.00
  • Tax Legal Description: 1 RDGW#8 4455 ALL
  • Tax Year: 2024
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: No
  • Garage Spaces: 3.0
  • Garage: Yes
  • Parking Features: Detached, Garage, Paved
Property
Lot Information
  • Direction Faces: East
  • Lot Features: Wooded
  • Lot Size Acres: 0.1664
  • Lot Size Area: 0.1664
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
Property and Assessments
  • Above Grade Finished Area: 4000.0
  • Above Grade Finished Area Source: Other
  • Living Area: 4000.0
  • Living Area Units: Square Feet
  • Year Built: 1978
  • Year Built Source: Public Records
Building Features
  • Accessibility Features: None
  • Construction Materials: Brick
  • Levels: Three Or More
  • Number of Buildings: 1
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Basement: None
  • Has Basement: No
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms Integer: 5
  • Total Bedrooms: 8
  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Forced Air, Gas
  • Has Heating: Yes
  • Main Level Bathrooms: 0
  • Total Rooms: 14
Exterior Features
  • Private Pool: No
  • Roof: Asphalt, Fiberglass
  • Stories: 3
Multi Family
Income & Expenses
  • Gross Income: $34,500.00
Unit Information
Unit 1
  • Actual Rent: $1,255.00
  • Area: 1380.0
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Description: Unit 3, 3rd FLOOR
  • Leased: Yes
  • Lease Expires: 08-30-2026 08:00:00 PM
  • Occupant Type: Occupied
  • Type: Three Bedroom
  • Total Units: 1
Unit 2
  • Actual Rent: $1,210.00
  • Area: 1380.0
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Description: Unit 2, 2nd FLOOR
  • Leased: Yes
  • Lease Expires: 05-30-2026 08:00:00 PM
  • Occupant Type: Occupied
  • Type: Three Bedroom
  • Total Units: 1
Unit 3
  • Actual Rent: $1,017.00
  • Area: 1000.0
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: Unit 1, Ground Floor
  • Leased: Yes
  • Lease Expires: 05-30-2026 08:00:00 PM
  • Occupant Type: Occupied
  • Type: Two Bedroom
  • Total Units: 1
Rental
Rent Information
  • Owner Pays: Sewer, Water
  • Tenant Pays: Cable Tv, Electricity, Gas

Property History for 6448 Ridge Road

DateEvent & SourcePriceAppreciation
Aug 12, 2026

Temporarily Off Market

MLS Now #5185692

$399,000
Apr 14, 2026

Sold

MLS Now #5193590

$399,000
Apr 13, 2026

Sold (Public Record)

Public Record #1935872021

$399,000

+6.3% / yr

DateEvent & SourcePrice
08/12/2026

Temporarily Off Market

MLS Now #5185692

$399,000
04/14/2026

Sold

MLS Now #5193590

$399,000
04/13/2026

Sold (Public Record)

Public Record #1935872021

$399,000

+6.3% / yr

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

Public Records for 6448 Ridge Road

Taxable ValueLand$10,360Additions$96,570Total$106,930
Tax Record2025$6,490 ($541 / month)
Home Facts
Baths4Total Finished SqFt2,760 SqFtAbove Grade Finished SqFt2,760 SqFtStories2Lot Size7,250 SqFtStyleTriplexYear Built1971Year Renovated1978ZoningMF-1CountyCUYAHOGAAPN449-19-044

Schools near 6448 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Living

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