Backup offers
$3,324 Closing Credit¹
Michael L Anter, Listing Office: JAMM Real Estate Co.
$4,869
closing credit¹
5521 W 48th St Parma, OH 44134
$410,000 List price
$4,869
Closing credit¹
5 beds
3 full
3,533 sqft
0.2 acres
$116 / sqft
Multi-Family
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
Home typeTriplex
HeatingElectric, Forced Air, Natural Gas
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size3,533 sqft
BasementYes
Lot size0.1837 Acres
Year built1920
ParkingConcrete, Driveway, Detached, Garage
MLS #5053544
Garage4 spaces
Summary
- 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
Copyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is 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. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 10:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$410,000
5521 W 48th St
$4,869
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
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 most common type of family is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
22%
<35k
60%
35k-100k
16%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
39%
Single, No Kids
16%
Single, with Kids
24%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
10%
12-17 yrs old
23%
18-34 yrs old
40%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Popeyes
White Castle
Little Caesars
What do the neighbors drive?
Nissan
Kia
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
Backup offers
$3,681 Closing Credit¹
Roger H Peters, Listing Office: Regal Realty, Inc.
Frequently asked questions
Living in Parma, OH
About 5521 W 48th St
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 $410,000.
Parma, OH housing market in December 2024 saw over 25 listings sold above listed price, more than 9 sold at listed price and over 39 sold below. The inventory of homes for sale in Parma, OH between November and December 2024 decreased by 23.5%. In December 2024, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $210,000.
From Rocket Homes Real Estate and based on county public records data.