- $190,000
- 4Bd
- 2Ba
- 3,006 Sq Ft
Duplex & Multi Family For Sale in Parma, OH
4 Homes
**SPACE, FLEXIBILITY, AND INVESTMENT POTENTIAL, ALL IN ONE!** Whether you're looking to expand your real estate portfolio or live in one unit while generating rental income from the other, this spacious Parma duplex offers an opportunity you won't want to miss!
Boasting an impressive 2,618 square feet of living space, this two-family property features four bedrooms, two full bathrooms, an additional half bath in the basement, and a versatile bonus room in EACH unit! These bonus spaces offer incredible flexibility for home offices, hobby rooms, or convert into additional bathrooms. With the possibility of enhancing functionality, increasing rental appeal, and maximizing your investment, this property offers plenty of room for your vision!
Both units feature identical floor plans, offering the same spacious layout and functionality on each level. Each have generous living areas with plenty of space to spread out, making this property an attractive option for rental income, owner-occupancy, or multigenerational living. Outside, the fenced-in yard provides additional outdoor space for relaxing, entertaining, or simply enjoying everyday life.
**LOCATION IS EVERYTHING!** Conveniently situated in Parma, just North of Ridgewood; access to public transportation, major highways, shopping and dining, with the parkway in your back yard! This property offers the accessibility and convenience that both homeowners and renters appreciate.
The upstairs unit is occupied by a family member and would like the opportunity to stay but is prepared to move with the change of ownership.
**TWO UNITS. GENEROUS SQUARE FOOTAGE. ENDLESS POSSIBILITIES.** Property is being sold as-is, presenting an excellent opportunity for investors and buyers looking to unlock its full potential. Don't miss your opportunity to make it yours. Schedule your showing today!
- $265,000
- 4Bd
- 2Ba
- 2,618 Sq Ft
Welcome to Orchard Park Drive. A well-maintained all-brick side-by-side duplex situated on a spacious half-acre lot in Parma! Each unit offers 3 bedrooms and 2 full bathrooms, providing a desirable layout for both owner-occupants and investors. Both units feature parquet flooring on the main floor, a large family room, hardwood flooring upstairs, central air, and a convenient laundry room located just off the kitchen. Property features a rear porch off the back bedrooms, offering a great spot for outdoor relaxation. With over 2,400 square feet combined, a 7-year-old roof, durable brick construction, and a generous lot, this property offers excellent long-term value and functionality. A great opportunity to add a well-sized duplex to your investment portfolio or live in one unit while generating rental income from the other!
- $350,000
- 6Bd
- 4Ba
- 2,436 Sq Ft
Don't miss this excellent opportunity to own a fully updated duplex in the heart of Parma! Whether you're an investor looking to expand your portfolio or an owner-occupant interested in house hacking, this property offers the perfect combination of modern updates, rental income, and long-term value. Each unit features 2 bedrooms and 1 full bathroom with thoughtfully updated interiors. The kitchens have been renovated with stylish shaker cabinets, quartz countertops, and stainless steel appliances, creating a clean, modern look that appeals to today's tenants and homeowners alike. Both units also benefit from newer mechanicals, including furnaces, central A/C units, and hot water tanks, all replaced in 2019, providing peace of mind and reduced maintenance costs. The first-floor unit is currently rented on a month-to-month lease, offering immediate rental income with flexibility for the new owner. The vacant second-floor unit is move-in ready and includes a finished third-floor space that can serve as a third bedroom, home office, playroom, or additional bonus living area, adding exceptional versatility. This makes it ideal for an owner-occupant or for leasing at current market rents. Conveniently located near shopping, dining, parks, schools, and major highways, this duplex is positioned in a desirable Parma neighborhood with strong rental demand. Whether you're looking for a turnkey investment or an affordable way to offset your mortgage with rental income, this property checks all the boxes. Schedule your showing today!
- $299,000
- 4Bd
- 2Ba
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Parma, OH real estate market trends
Statistics as of November 2026
$219K
Avg. list price
$140/Sqft
Avg. price/sqft
190
Homes for sale
1,598 Sqft
Avg. home size
21 Days
Avg. days on market
Movoto makes it easy to track market trends in Parma, OH. Whether you’re entering the market or planning your next move, understanding these key metrics can guide smart decisions. Looking for more detailed housing market stats in Parma, OH?
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Frequently Asked Questions about Parma, OH
In November 2026 Parma homes were listed to buy for a median price of $222K, The median value of a home listed to buy in Parma in November 2026 was $140 per sqft,
It is affordable to live in Parma. Buying a home in Parma is 1% less expensive compared with the national average.
In November 2026, homes to buy in Parma spent an median 18 days on the market, a same November 2025 last year.
The best and safest neighborhoods to live in Parma in November 2026 are Newell Creek, Downtown Cleveland, Tremont, Fairlawn Heights, Northwest Akron, Ridge Acres Estates, Highland Square, Old Brooklyn, Ellet, Cudell, West Boulevard, Firestone Park, Big Turtle Condominiums, Goodyear Heights, North Hill, Kenmore, West Akron, North Collinwood, Forest Hills, Hough
In November 2026, Parma homes were listed to buy for a median price of $222K, with 25% down you would need $1.36K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $46.9K.