Vision Sales Team

630-634 Eddy Road

Cleveland, OH 44108

MLS#: 5209920

$325,000

Status: Active
Listing number: 5209920
Listing provided by: Russell Real Estate Services
Listing agent phone: None
Last update: 6 days ago
On site: 7 days ago
Browse Properties
Adams Realty Cos Speedway Park - Residential Income

Property

Beds

10

Full Baths

5

1/2 Baths

None

Year Built

1918

Sq.Footage

4,848

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.

Features & Amenities

Interior

  • Total Bedrooms

    10

  • Bathrooms

    5

  • Above Grade Finished Area

    3232.0

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Vinyl Siding

  • Parking

    Driveway, On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.1203

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

Price

  • Sales Price

    $325,000

  • Tax Amount

    $2,723

  • Sq. Footage

    4, 848

  • Price/SqFt

    $67

HOA

  • Association

    No

School District

  • Elementary School

    Cleveland Municipal - 1809

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Cuyahoga

Elementary School

Cleveland Municipal - 1809

Middle School

High School

Listing Courtesy of Hamzah A Najar , Russell Real Estate Services

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Agent Bev Daugherty

AGENT

Bev Daugherty

Call Bev today to schedule a private showing.

(330) 256-4306

Bev@VisionSalesTeam.com


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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.

630-634 Eddy Road

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