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$235,000
New Listing

5432 State Road
Parma, OH 44134

For Sale|Duplex|Active
3
Beds
2
Total Baths
2
Full Baths
1930
Built
Subdivision:
George Blake
County:
Cuyahoga
Call Now: (216) 973-3676
Is this the listing for you? We can help make it yours.
(216) 973-3676
5432 State Road5432 State Road5432 State Road5432 State Road
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Monthly Payment (Est.)

$1,072
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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.

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Listing Snapshot
Price 
$235,000
Days On Site 
0 Days
Bedrooms 
3
Inside Area (SqFt) 
N/A
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.1145 Acres
Year Built 
1930
MLS® Number 
5167940
Status 
Active
Property Tax 
$3,698
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 hours agoListing first seen on site
8 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.1145
Disclosures 
Principal Is Real Estate Licensed
Levels 
Two
Number Of Stories 
2
Parking 
Parking Lot
Property Sub Type 
Duplex
Sewer 
Public Sewer
Water Source 
Public
Interior Features
Basement 
Unfinished
Cooling 
Central Air
Heating 
Forced Air
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Exterior Features
Construction Details 
Vinyl Siding
Roof 
AsphaltFiberglass
Community Features
School District 
Parma CSD - 1824
Township 
Parma
Schools
School District
Parma CSD - 1824
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Chris Kilbane of Russell Real Estate Services



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Information Deemed Reliable But Not Guaranteed. Copyright 2025 - Multiple Listing Service, Inc. – All Rights Reserved.

Neighborhood & Commute
Source: Walkscore
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