974 Eddy Road
Cleveland, OH, 44108 $ 179,900
Bedrooms8 Baths3.0 Sq 3,260 Monthly Estimate*
$ 1,108
for $179,900 with 8 bedrooms and 3 full baths. This 3,260 square foot home was built in 1918 on a lot size of 0.1074.
$3,100+ Projected Monthly Income | $1,000+/Mo Projected Cash Flow | $190K Appraised Value | Fully Renovated | $80K+ Documented Rehab Work | One Unit Occupied | Two Large 3BR Units Ready for Lease-Up Triplex-style multifamily with a full rehab completed across the property, one unit already occupied, and two oversized 3 bed / 1 bath units ready for lease-up. The rehab included major work such as main roof replacement, new furnaces and hot water tanks, interior paint, drywall repairs, kitchen/bath updates, flooring, lighting, doors/locks, and other improvements. The occupied unit is the smaller top-floor 2 bed / 1 bath unit with 635 sqft, currently rented at $700/month and income-producing, providing immediate rental income. The two vacant 3BR units are significantly larger, with 1,335 sqft and 1,290 sqft, and have not been occupied since the rehab work was completed. Estimated rents for the two vacant 3BR units are $1,200–$1,300/Mo each based on nearby 3BR comps and property management feedback. Prior appraisal documentation showed a $190,000 appraised value and confirmed the prior scope of work was completed per inspection. Seller can provide appraisal completion documentation and rehab work summary to serious buyers. Final plumbing item remaining, quoted by vendor at approx. $3,335. Seller has already completed the major rehab, and unit prep, absorbing the time, cost, and execution risk of the heavy work. The next investor can step in, button up the final item, move directly into lease-up of the two large vacant 3BR units, and move toward a cash-flowing rental property. Seller-provided investment analysis shows $1,000+/month projected cash flow under sample financing and expense assumptions. Supporting documentation available to serious buyers upon request, including full detailed investment analysis with cash-flow model, expense assumptions, cap rate/DSCR/return metrics, rental comps, appraisal documentation, and completed rehab work summary.
See more
FeaturesGeneralSewer PublicSewer
Heating ForcedAir Gas
Cooling None
Possession Negotiable
Roof Shingle
Garage Spaces 4
Construction Materials VinylSiding WoodSiding
Year Built 1918
Township Cleveland
Levels ThreeOrMore
Property Subtype Triplex
Tax Year 2025
County Cuyahoga
Property Type ResidentialIncome
Attached Garage false
Subdivision Name Adams Realty Companys 04
Garage Y/N true
Total Rooms 15
Full Baths 3
Status Active
Directions 974 Eddy Rd near Forest Hill Park
City Cleveland
High School District Cleveland Municipal - 1809
Lot Size Units Acres
Carport Y/N false
Tax Annual Amount 1513
Home Warranty Y/N false
Living Area Units SquareFeet
Standard Status Active
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Year Built Source PublicRecords
Property Sub Type Additional Triplex
Legal Description 373 ADAMS#4 0034 ALL
See more
InteriorBasement Partial
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Above Grade Finished Area 3260
Half Baths 0
Total Bedrooms 8
Main Level Bathrooms 0
Above Grade Finished Area Source Realist
Total Baths 3
See more
ExteriorParking Features Detached Garage
Water Source Public
Lot Size Area 0.1074
Number of Buildings 1
Lot Size Acres 0.1074
Lot Size Source Assessor
Waterfront Y/N false
See more
* Excluded FeaturesList ByScott A MarvinListing Agent
Team Results RealtyBroker
teamresultsohio@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,108
- Monthly Property Taxes
- $126
- 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.
Learn more about how to save NearbySingle family listings in Cleveland, OH
Average List Price $168,247
Percent of Sale Price 6%
About Cleveland, OH 372,504 Population
-22% Since 2002
$ 27,719 Median Income
37.02 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
4457981 Elementary School
4457986 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/12/2026 | $179,900 | | Listed Price |