630-634 Eddy RD, Cleveland, OH 44108
630-634 Eddy RD, Cleveland, OH 44108
630-634 Eddy RD, Cleveland, OH 44108
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$325,000
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5,240 Sqft Lot
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630-634 Eddy RD Cleveland, OH 44108

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James Duncan

James Duncan

+1(330) 606-9212

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Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Adams Realty Cos Speedway Park

MLS Listing ID 5208276

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1918

Annual Tax Amount $2,723

Tax Year 2025

Lot Size 5,240 Sqft

Acres 0.1203

Property Sub-Type Apartment

Property 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.

Location

State OH

County Cuyahoga

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Parking Features On Street

Fence Back Yard

Water Access Desc Public

Roof Type Asphalt

Present Use Commercial

Building

Story 3

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Construction Status Updated/Remodeled

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 110-04-050

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Hamzah A Najar • Russell Real Estate Services • hamzahnajar09@gmail.com, 216-406-3186

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James Duncan

James Duncan

Agent | License ID: 449204

+1(330) 606-9212

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630-634 Eddy RD