# 5432 State Road, Parma, OH 44134

> **TL;DR:** 3bd/2ba multi-family, $210,000, built 1930.
> A/C. Est. $1,123/mo. Listed 366 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $210,000 |
| Bedrooms | 3 |
| Bathrooms | 2 full |
| Year Built | 1930 |
| Lot Size | 4,988 sqft (0.11 acres) |
| Stories | 2 |
| Property Type | Multi-Family (Duplex) |
| Status | Pending |
| Days on Market | 366 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,062 |
| Estimated Insurance | $61 |
| **Total** | **$1,123** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1930
- 0.11 acre lot
- 2 stories

## Description

### Agent 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.

## Location

- **Address:** 5432 State Road, Parma, OH 44134
- **County:** Cuyahoga
- **Neighborhood:** George Blake
- **Coordinates:** 41.413539, -81.710825
- **Google Maps:** https://www.google.com/maps?q=41.413539,-81.710825

## Virtual Tour & Media

- **Video Tour:** https://www.propertypanorama.com/5432-State-Road-Parma-OH-44134--5167940/unbranded

## Listing Agent

- **Name:** Chris Kilbane · **License:** 2013000956
- **Brokerage:** Russell Real Estate Services
- **Broker Phone:** (440) 268-9491
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/5432-State-Rd_Parma_OH_44134_M96137-47148?f=listhub&s=NEOHREXOH&m=5167940&c=propsimple)

## Photos

![5432 State Road - Photo 1](http://lh.rdcpix.com/ccfffc95df6f0a813f49777cf815a1bfl-f180000649r.jpg)

![5432 State Road - Photo 2](http://lh.rdcpix.com/ccfffc95df6f0a813f49777cf815a1bfl-f329907105r.jpg)

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![5432 State Road - Photo 35](http://lh.rdcpix.com/ccfffc95df6f0a813f49777cf815a1bfl-f3521319813r.jpg)

![5432 State Road - Photo 36](http://lh.rdcpix.com/ccfffc95df6f0a813f49777cf815a1bfl-f2845953982r.jpg)

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![5432 State Road - Photo 38](http://lh.rdcpix.com/ccfffc95df6f0a813f49777cf815a1bfl-f3256881085r.jpg)

![5432 State Road - Photo 39](http://lh.rdcpix.com/ccfffc95df6f0a813f49777cf815a1bfl-f598585166r.jpg)

![5432 State Road - Photo 40](http://lh.rdcpix.com/ccfffc95df6f0a813f49777cf815a1bfl-f3731084971r.jpg)

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![5432 State Road - Photo 47](http://lh.rdcpix.com/ccfffc95df6f0a813f49777cf815a1bfl-f3948156143r.jpg)

---

**MLS#:** 5167940 | **Updated:** 2026-10-23
**Source:** listhub

*Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/5432-state-road-parma-oh-44134-298fa77980284e7aa2ba0f85c4dbbeb0)

---

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