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New
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$325,000

For Sale

21 hours ago

MLS® 5209920

10 Bed

5 Bath

4848 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 4848 sqft
Garage No
Taxes $2,723
Days Active 0
Lot Size 0.1203 acres
Approx. Age 1918
Avg. Price Per Sqft $67
MLS® Number 5209920

Property Address: 634-630-634 Eddy Rd, Cleveland, OH, 44108-2338

Average square foot calculated using Size range provided by listing agent.

Description

Excellent opportunity to acquire a fully occupied 5-unit apartment building located in the Forest Hills neighborhood. All five units feature 2 bedrooms and 1 bathroom, providing a highly desirable and consistent unit mix for tenants. The property currently generates $4, 879/month in gross rental income, with tenants responsible for gas and electric, helping minimize owner expenses. Recent improvements include newer HVAC systems, updated flooring, plumbing, bathrooms, kitchens, windows, roof, landscaping, and one unit was recently fully remodeled, making this a strong turnkey, low maintenance investment opportunity with a proven rental history. The property is conveniently located near local parks, shopping, dining, public transportation, and major freeway access, with quick access to Downtown Cleveland and surrounding employment centers. The Forest Hills area offers a strong rental market with walkability to neighborhood amenities and nearby retail conveniences, supporting long-term tenant demand. Ideal opportunity for investors seeking immediate cash flow with additional upside potential through future rent optimization.
MLS® Number5209920
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1203
Exterior
GarageNo
Approx. Age1918
BasementFull, Unfinished
DrivewayDriveway, On Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 13, 2026List Date
$325,000List Price
  • Commute

Commute

Starting Address
Destination Address
630-634 Eddy Rd, Cleveland, OH

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