Date
Details
Price
Change
Source
5/01/2026
Listed
$560,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property 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. 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.
Full Property Details
Full Property Details for 6118 Ridge Rd
General
- Price: $560,000
- Taxes: $8,516 (2025)
- Status: Active
- Type: Multi-Family
- Source: 505
- MLS ID: 5206072
- Updated: 5/1/2026
- Added to Site: 11 day(s) ago
Interior
- Appliances: Dryer, Dishwasher, Range, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Common Area, In Basement
Parking
- Parking Features: Asphalt, Common
Location
- County: Cuyahoga
- Township: Parma
- Driving Directions: OH-176 S and I-480 W to Ridge Rd. Take exit 15 from I-480 W. Drive to Ridge Rd in Parma.
School Information
- Elem School District: Parma CSD - 1824
- Midd School District: Parma CSD - 1824
- High School District: Parma CSD - 1824
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Gas, Hot Water, Steam
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Brick
- Basement: Yes
- Basement Desc.: Common Basement, Concrete
- Roof: Composition, Flat
- Stories/Levels: 3
- Square Feet: 4,386
- Living Area: 4,386 Sq. Ft.
- Finished Above Grnd: 4,386 Sq. Ft.
- Year Built: 1945
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.177
- Lot Size: .177
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $8,516
- Tax Year: 2025
- Terms: Cash, Conventional
- Owner Pays: Common Area Maintenance, Insurance, Repairs, Snow Removal, Taxes, Trash Collection
- Tenant Pays: All Utilities, Internet
Disclosures and Reports
- Legal Description: 4 RDGW#2 3058 ALL
- Disclosures/Rstr.: Owner Is Listing Agent, Principal is Real Estate Licensed
- Property ID: 449-12-005
Listed by Century 21 Homestar, Halle C Rahz
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 6118 Ridge Rd —
Halle C Rahz
Century 21 Homestar
halle.rahz@gmail.com, 330-233-2090
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 6118 Ridge Rd
School District:Parma City School District
| Name | Grades | Distance |
|---|---|---|
Thoreau Park Elementary School 5401 W 54th St, Parma, OH 44129 | K-4 | 1.4 mi |
Greenbriar Middle School 11810 Huffman Road, Parma, OH 44130 | 5-7 | 2 mi |
Valley Forge High School 9999 Independence Boulevard, Parma Heights, OH 44130 | 8-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6118 Ridge Rd
Tax History
Tax History for 6118 Ridge Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,088
—
$104,930
—
2024
$8,095
-5%
$104,930
7%
2023
$8,516
5%
$97,650
—
2022
$8,118
-3%
$97,650
—
2021
$8,408
43%
$97,650
47%
2020
$5,864
—
$66,470
—
2019
$5,884
-1%
$66,470
—
2018
$5,917
-11%
$66,470
-8%
2017
$6,650
-19%
$72,280
—
2016
$8,182
72%
$72,280
34%
2015
$4,748
-14%
$53,870
-15%
2014
$5,516
-18%
$63,350
-19%
2013
$6,713
—
$78,260
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 6118 Ridge Rd
6118 Ridge Road, Parma, OH 44129 (MLS# 5206072) is a Multi-Family property with units containing 6 bedrooms and 6 full bathrooms. 6118 Ridge Road is currently listed for $560,000 and was received on May 01, 2026. Want to learn more about 6118 Ridge Road? Do you have questions about finding other Multi-Family real estate for sale in Parma? You can browse all Parma real estate or contact a Coldwell Banker agent to request more information.