Movoto Real Estate

5432 State Rd, Parma, OH 44134

  • $210,000

  • 3

    bed

  • 2

    bath

Multi-family pending
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About 5432 State Rd

Property type Multi-family
Neighborhood
Year built 1930
HOA fee $0/month
Lot size 4,988 Sqft
Rental estimate
Property description
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.
Listed by
Listing Agent - Chris Kilbane
Listing Agent Contact: Chriskilbanesells@gmail.com, 440-915-8257
Listing Office - Russell Real Estate Services
Source: MLS Now mls logo
MLS#5167940 • last updated 5 months ago
Movoto checked MLS Now for data 6 minutes ago
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Overview
Cooling/AC Central Air
Heating Forced Air
Levels/Style Two
MLS # 5167940
Status Pending
Lot Size (Acres) 0.1145
Property Tax 3698
Interior
Total # of Bathrooms 2
# Bedrooms 3
Basement Unfinished
Exterior
Construction Vinyl Siding
Parking Desc Parking Lot
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Location
Subdivision George Blake
Elem School District Parma CSD - 1824
Middle School District Parma CSD - 1824
High School District Parma CSD - 1824
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Source: GreatSchools.org © 2026. All rights reserved.

Around George Blake

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Walk
65/100
Family
88/100
Dining
95/100
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  • Real Estate
  • OH
  • Cuyahoga County
  • Parma
  • 44134
  • 5432 State Rd

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