881 Eddy RD, Cleveland, OH 44108
881 Eddy RD, Cleveland, OH 44108
881 Eddy RD, Cleveland, OH 44108
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$199,000
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5,000 Sqft Lot
Active Under Contract

881 Eddy RD Cleveland, OH 44108

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Lindsey Rose

Lindsey Rose

+1(330) 591-0823

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Key Details

Property Type Commercial

Sub Type Apartment

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Forest Hill Pkwy

MLS Listing ID 5189113

Construction Status Fixer

HOA Y/N No

Year Built 1925

Annual Tax Amount $10,705

Tax Year 2025

Contingent Inspections

Lot Size 5,000 Sqft

Acres 0.1148

Property Sub-Type Apartment

Property Description

High-upside investment opportunity in this 9-unit multifamily building at 881 Eddy Rd, minutes from University Circle, major medical campuses, and downtown Cleveland. With seven large 1-bedroom units and two 2-bedroom units, the property offers an attractive unit mix positioned for strong rental demand in one of Cleveland's fastest-growing areas. The building needs full renovation, making it an ideal value-add project with significant room to increase rents, improve NOI, and boost long-term equity. With strategic upgrades and smart repositioning, this asset has the potential to deliver standout returns and durable cash flow. Also see listing #5191564 under residential income.

Location

State OH

County Cuyahoga

Rooms

Basement Partial, Unfinished

Interior

Heating Forced Air, Gas

Cooling None

Fireplace No

Exterior

Parking Features Driveway, Paved, On Street

Fence Chain Link

Water Access Desc Public

Roof Type Flat

Present Use Residential,Single Family

Building

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Construction Status Fixer

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 110-11-050

Acceptable Financing Cash, Owner May Carry

Listing Terms Cash, Owner May Carry

VOW - Northern Ohio Regional MLS (YES-MLS) /MLS Now
Listed by David L Sturgeon • Howard Hanna • davidsturgeon@howardhanna.com, 216-375-4486
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Lindsey Rose

Lindsey Rose

Realtor® | CEO | Team Lead | License ID: 2017001928

+1(330) 591-0823

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881 Eddy RD