#5103574, Janet S Gallucci, Listing office: EXP Realty, LLC.
5521 W 48th St Parma, OH 44134
Property details
About 5521 W 48th St
Exceptional investment opportunity! Rare to find a Triplex in Parma! Fully rented, turnkey, with long term tenants. Solid brick construction & charming appeal with Front porch and 2nd floor front & back patio access. All units were fully renovated in 2017 with granite counters, tile backsplash, LVT flooring, carpeting, updated baths, and newer appliances. Full basement with shared washer/dryer (hook up for 2nd set available) and storage. 4 Car garage with ample parking- each unit has assigned garage space. Separate meters for each unit. 3rd floor has electric only. Newer roof, windows, HVAC, H20 tanks and appliances. Great location - Easy access to I-480, stores and restaurants.
Highlights
Summary
- Full Bathrooms: 3
- Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
- Basement: Yes
- Interior: Ceiling Fan(s), Entrance Foyer, Eat-in Kitchen, Granite Counters
- Total Bedroom Count: 5
- Garage Space: 4 spaces
- Attached Garage: No
- Private Pool: No
- Parking: Concrete, Driveway, Detached, Garage
- Exterior: Balcony
- Heating: Electric, Forced Air, Natural Gas
- Cooling: Central Air, Ceiling Fan(s), Electric
- List Price: $399,900
- Price/SqFt: $113
- Annual Tax Amount: $4,988
- Tax Year: 2023
- Lot: Back Yard, Dead End Street
- Directions: Snow or Brookpark Rd to W 54th, to Montauk to W 48th
- Year Built: 1920
- Stories: 3
- Living Area: 3,533 SqFt
- Lot Size: 0.1837 Acres
- MLS Number: 5053544
- MLS Name: NOWDD
- Office Name: Russell Real Estate Services
- Office Phone: (440) 655-5572
- Office Email: lmusial.russellrealty@gmail.com
- Listing Agent: Lori Musial
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Last updated on: 7/6/2025, 4:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Feb 28, 2017 | Home Sold | $37,000 |
Feb 16, 2017 | Home Sold | $37,000 |
Aug 31, 2001 | Home Sold | $130,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $65,210 | $4,988 |
2022 | $65,210 | $4,970 |
2021 | $65,210 | $5,067 |
2020 | $50,160 | $3,785 |
2019 | $50,160 | $4,218 |
History based on county public records data.
Nearby schools
4
Thoreau Park Elementary School
Public District KG-4
0.3 mi
•5401 W 54th St
5
John Muir Elementary School
Public District KG-4
1.1 mi
•5531 W 24th St
7
Ridge-Brook Elementary School
Public District KG-4
1.1 mi
•7915 Manhattan Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $56,694. Residents of Parma, OH typically earn between $35k-100k each year. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
Similar homes for sale
Frequently asked questions
Living in Parma, OH
Parma's transportation infrastructure supports both private and public transit options, with a network of roads and highways that facilitate commuting to nearby cities and commercial areas. Public buses operate on a regular schedule, providing residents with dependable transportation options. The city is also bike-friendly, with certain areas offering dedicated bike lanes and trails. While ride-sharing services are available, the specifics of their operation are not branded. Recent efforts have been made to enhance the efficiency and accessibility of the transportation system to better serve the community's needs.
Residents of Parma benefit from a solid educational system, with a number of public schools serving the community at the elementary, middle, and high school levels, as well as private schools that cater to various educational needs. The city is equipped with healthcare facilities that offer a range of services, from primary care to specialized treatments. The public library system in Parma is extensive, providing residents with access to a wealth of resources and programs. Retail and dining options are plentiful, reflecting the diverse tastes and cultures of the community.
Parma prides itself on a family-friendly atmosphere with a strong sense of community. The city is celebrated for its annual events, such as the Parma Area Chamber of Commerce Rib 'N Rock Rib Cook-Off, which showcases the local culinary scene and brings residents together. The community's character is further defined by its well-maintained parks and recreational facilities, which serve as popular gathering spots for families and outdoor enthusiasts.
The housing landscape in Parma is characterized by a predominance of single-family homes, which make up a significant portion of the market. These homes showcase a range of architectural styles, from classic mid-century ranches to contemporary constructions. The area also offers a selection of apartments and townhouses, providing options for various housing preferences. The majority of homes were built during a development boom in the mid-20th century, reflecting the city's growth during that period. Parma's homeownership rate is robust, with a substantial majority of residents owning their homes.
About 5521 W 48th St
The listing price of 5521 W 48th St property is $399,900.
The property 5521 W 48th St is a multi located in Parma, Ohio, 44134.
Active Listing: 5521 W 48th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5521 W 48th St are: Thoreau Park Elementary School (GreatSchools Rating 4/10), John Muir Elementary School (GreatSchools Rating 5/10), Ridge-Brook Elementary School (GreatSchools Rating 7/10), Global Village Academy (GreatSchools Rating 7/10), Cleveland Preparatory Academy (GreatSchools Rating 4/10), William Cullen Bryant School (GreatSchools Rating 4/10), Old Brook High School (GreatSchools Rating 2/10), Rhodes College and Career Academy (GreatSchools Rating 3/10), Rhodes School of Enviornmental Studies (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $4,988 (source: MLS/based on county public records data).
The last sale was on February 28, 2017 for $37,000 (source: MLS/tax record).
The property 5521 W 48th St is 3,533 SqFt (source: MLS/tax record).
The year of construction for 5521 W 48th St is 1920.
This home is located at 5521 W 48th St in Parma, OH and zip code 44134. This 3,533 square foot home, which was built in 1920, sits on a 0.18 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 18, 2024 and is currently priced at $399,900.
While more than 55 listings in Parma, OH in June 2025 were sold above asking price, there were more than 7 listings sold at asking price, and more than 30 were sold below. The inventory of homes for sale in Parma, OH between May and June 2025 increased by 6.7%. In June 2025 median list price was $217,000 and the average listing age was 23 days.