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$399,000

  • Sold
  • Closed
  • Triplex
  • 8 Beds
  • 3 Full Baths
  • 2 Partial Baths
  • 4,000 Sq. Ft.
  • 0.1664 Acres
  • 3 Car Garage
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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***

Full Property Details for 6448 Ridge Rd

General

  • Sold For: $399,000
  • Taxes: $6,822 (2024)
  • Status: Closed
  • Type: Triplex
  • Source: 505
  • MLS ID: 5193590
  • Added to Site: 56 day(s) ago

Interior

  • Number of Rooms: 14

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2

Bedrooms

  • Total Bedrooms: 8

Parking

  • Garage: Yes
  • Garage Spaces: 3
  • Parking Features: Detached, Garage, Paved

Location

  • County: Cuyahoga
  • Township: Parma
  • Subdivision: Ridgewood 08
  • Driving Directions: Ridge Rd
  • Direction Faces: East

School Information

  • Elem School District: Parma CSD - 1824
  • Midd School District: Parma CSD - 1824
  • High School District: Parma CSD - 1824

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air, Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • # Buildings: 1
  • Construction: Brick
  • Basement Desc.: None
  • Roof: Asphalt, Fiberglass
  • Stories/Levels: 3
  • Square Feet: 4,000
  • Living Area: 4,000 Sq. Ft.
  • Finished Above Grnd: 4,000 Sq. Ft.
  • Year Built: 1978
  • Year Built Source: Public Records

Lot Features

  • Lot Size (Acres): 0.1664
  • Lot Size: .1664
  • Lot Size Source: Assessor
  • Lot Features: Wooded

Financial Considerations

  • Tax Amount: $6,822
  • Tax Year: 2024
  • Terms: Cash, Conventional, 1031 Exchange
  • Owner Pays: Sewer, Water
  • Tenant Pays: Cable TV, Electricity, Gas

Disclosures and Reports

  • Legal Description: 1 RDGW#8 4455 ALL
  • Disclosures/Rstr.: Principal is Real Estate Licensed
  • Property ID: 449-19-044

Listed by Keller Williams Living, Michael L Magno
Sold by RE/MAX Edge Realty, Lisa M Swain

Listing agent

— 6448 Ridge Rd —

  • Michael L Magno

    Keller Williams Living

330-990-3744, michael@themagnogroup.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 6448 Ridge Rd

School District:Parma City School District
NameGradesDistance
Thoreau Park Elementary School
5401 W 54th St, Parma, OH 44129
K-41.9 mi
Greenbriar Middle School
11810 Huffman Road, Parma, OH 44130
5-72.1 mi
Valley Forge High School
9999 Independence Boulevard, Parma Heights, OH 44130
8-121.5 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 6448 Ridge Rd

Date
Details
Price
Change
Source
4/14/2026
Sold
$399,000
—
MLS
3/17/2026
Listed
$399,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Keller Williams Living, Michael L Magno
Sold by RE/MAX Edge Realty, Lisa M Swain

6448 Ridge Road, Parma, OH 44129 (MLS# 5193590) is a Triplex property that was sold at $399,000 on April 14, 2026. Want to learn more about 6448 Ridge Road? Do you have questions about finding other Triplex real estate for sale in Parma? You can browse all Parma real estate or contact a Coldwell Banker agent to request more information.