630-634 Eddy Road, Cleveland, OH 44108
Local realty services provided by:ERA Real Solutions Realty
Listed by: hamzah a najar
Office: russell real estate services
MLS#:5209920
Source:OH_NORMLS
Price summary
- Price:$325,000
- Price per sq. ft.:$67.04
About this home
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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Home facts
- Year built:1918
- Listing ID #:5209920
- Added:50 day(s) ago
- Updated:July 03, 2026 at 10:24 AM
Rooms and interior
- Bedrooms:10
- Total bathrooms:5
- Full bathrooms:5
- Basement:Yes
- Basement Description:Full, Unfinished
- Living area:4,848 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt, Fiberglass, Shingle
- Year built:1918
- Building area:4,848 sq. ft.
- Lot area:0.12 Acres
- Construction Materials:Vinyl Siding
- Levels:3 Stories
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$325,000
- Price per sq. ft.:$67.04
- Tax amount:$2,723 (2025)
Parking
- Parking description:Driveway
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