5240 State RoadParma, OH 44134

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$265,000 Active

4 beds 2 full baths 2,232 sqft

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Listed By

Agency Name: Keller Williams Living
Agency Contact: cj@trivteam.com, 440-941-3854

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

Property Description

House Hacking/Owner Occupant Opportunity!!!! This well-maintained duplex offers two spacious units, each featuring, living room, dining room, kitchen, 2 bedrooms and 1 bathroom. Spacious porches on both units. Recent updates include a new roof, upgraded electrical system, and refreshed bathrooms in both units, providing peace of mind and modern comfort. Whether you're looking to expand your rental portfolio or someday live in one unit while renting out the other once the current lease expires, this property offers great versatility and long-term value.

5240 State Road | MLS# 5164130

This multi-family property located at 5240 State Road, Parma, OH 44134 is currently listed for sale with an asking price of $265,000. State Road is located within the Parma City school district. Search Parma real estate on 4363seahorselane.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple

Basement: Partially Finished

Basement: Yes

Cooling: None

Days on Market: 89

Heating: Forced Air, Fireplace(s), Gas

Lot Size: 0.14 Acres

Roof Type: Asphalt, Shingle

Stories: 2.0

Taxes: $7,612 / year

Year Built: 1926

Feature Descriptions

Appliances: Range, Refrigerator

Exterior: Other, Wood Siding

Laundry: In Unit

Parcel#: 443-29-023

Parking: Parking Pad

Sewer: Public Sewer

Water: Public

Local Schools

School District: Parma City

Demographics

Cuyahoga County Demographic Information for 5240 State Road, Parma, OH 44134

Fips

Fips Code 39035

Population

2020 to 2023 Change down 2.5%

2010 Count 1,280,122

2020 Count 1,264,817

2023 Estimate (V2023) 1,233,088

2020 Estimate (V2023) 1,264,775

Age Distribution (Years Old)

0 to 4 5.3%

5 to 17 20.3%

18 to 64 54.8%

65 and Older 19.6%

Gender

Male 48.1%

Female 51.9%

Place of Birth

Foreign 7.6%

US 92.4%

Education

High School Graduate, Age 25+ 90.9%

Bachelor's Degree or Higher, Age 25+ 35.2%

Computer and Internet use

Households with a computer 92.0%

Households with a broadband Internet subscription 85.7%

Language

English is Second Language, Age 5+ 12.3%

English is First Language, Age 5+ 87.7%

Veterans

Veterans 60,427

Income

Per Capita Income $39,807

Median Household Income $60,074

People in Poverty 16.6%

Commute

Average Work Commute Time 24 minutes

Housing

Total Housing Units 615,116

Households 552,421

Average Household Size 2.23

Owner-Occupied 58.4%

Multi-Family 34.9%

Owner-Occupied Median Value $168,700

Median selected monthly owner costs -with a mortgage $1,472

Median selected monthly owner costs -without a mortgage $630

Median gross rent $952

Building Permits

New Private Housing Issued 2023 1,028

Years at Residence

1 Year or More 86.1%

Less Than 1 Year 13.9%

Business and Employment

Private non-farm Establishments 31,738

Private non-farm Employment 631,443

Private non-farm Employment Growth up 0.7%

Nonemployer Establishments 105,877

Number of Firms 114,192

Business Production

Value of Shipments $23,225,392,000

Wholesale Trade $24,854,217,000

Retail Trade $16,920,714,000

Retail Sales Per Capita $11,914

Accommodation and Food Services $3,332,698,000

Land

Land Area 457.19 sq. miles

Population Per Square Mile 2,800

Source: US Census Bureau

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Estimated Payment

$ 2,004.56 per month $1,292.94 Principal & Interest $634.33 Property Tax $77.29 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/13/2026. The listing information on this page last changed on 03/13/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 03/13/2026 12:03:36 AM EST) or Dayton MLS (last updated Thu 03/12/2026 11:46:42 PM EST) or CBRMLS (last updated Thu 03/12/2026 11:59:56 PM EST) or Multiple Listing Service of Greater Cincinnati (last updated Thu 03/12/2026 11:53:36 PM EST) or NKY MLS (last updated Thu 03/12/2026 11:28:28 PM EST) or Wrist MLS (last updated Thu 03/12/2026 11:24:33 PM EST) or Firelands MLS (last updated Thu 03/12/2026 11:11:44 PM EST) or MLS NOW (last updated Thu 03/12/2026 11:57:40 PM EST). Real estate listings held by brokerage firms other than Cutler Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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5240 State RoadParma, OH 44134

5240 State RoadParma, OH 44134

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Property Description

5240 State Road | MLS# 5164130

Property Features

Feature Descriptions

Local Schools

Demographics

Estimate Your Payment

Change Payment Information