630-634 Eddy Road Cleveland, OH $ 325,000
630-634 Eddy Road
$ 325,000
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630-634 Eddy Road

Cleveland, OH, 44108
$ 325,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,001

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Commercial Property for sale in Cleveland, OH

for $325,000. This building was built in 1918 on a lot size of 0.1203.

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.

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Commercial Active

Price

$ 325,000

Property Type

Commercial

Taxes

$ 2,723

Style

Lot Size

0.1203

Year Built

1918

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

5208276

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling None
Possession Delivery Of Deed
Roof Asphalt
Year Built 1918
Stories Count 3
Township Cleveland
Levels Three Or More
Property Subtype Apartment
Tax Year 2025
Current Use Commercial
County Cuyahoga
Property Type Commercial Sale
Attached Garage false
Subdivision Name Adams Realty Cos Speedway Park
Status Active
Directions Willis Dr to Eddy Rd
City Cleveland
High School District Cleveland Municipal - 1809
Zoning Description Commercial
Number Of Units Total 5
Lot Size Units Acres
Tax Annual Amount 2723
Property Condition Updated/Remodeled
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Year Built Source Public Records
Property Sub Type Additional Apartment
Legal Description 364 ADAMS S/L 12 NP 0011 SP
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Interior
Basement Unfinished
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Main Level Bathrooms 0
Total Baths 0
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Exterior
Fencing Back Yard
Parking Features On Street
Water Source Public
Lot Size Area 0.1203
Number of Buildings 1
Building Area Total 3232
Lot Size Acres 0.1203
Lot Size Source Public Records
Waterfront Y/N false
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* Excluded Features
List By
Hamzah A Najar

Listing Agent

Russell Real Estate Services

Broker

hamzahnajar09@gmail.com

Email

Affordability Calculator

$2,228
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,001
Monthly Property Taxes
$227
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4457981 Elementary School
4457986 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/8/2026$325,000 Listed Price

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630-634 Eddy Road, Cleveland, OH, 44108 is a Commercial Property for sale at $325,000 with a lot size of 0.1203. 630-634 Eddy Road was built in 1918. The property's zip code is 44108 which is in Cleveland, OH