LKV Realty
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$142,400
$650Reward *
974 Eddy Road, Cleveland, OH 44108Listing ID 5218533

974 Eddy Road, Cleveland, OH 44108

Active
Adams Realty Companys 04
Time on site: 64 daysLast updated: Aug 6, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Triplex
Bedrooms
Bedrooms
8
Bathrooms
Bathrooms
3
Square Feet
Square Feet
3,260
Acres
Acres
0.11
Days on Site
Days on Site
63
Cooling
Cooling
None
Heating
Heating
Forced Air, Gas
Year Built
Year Built
1918
Garages
Garages
4
Parking
Parking
Detached, Garage

$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.

Property Information

Property Details

Location

Address
974 Eddy Road
County
Cuyahoga
City
Cleveland
Zip Code
44108
Subdivision
Adams Realty Companys 04
School District
Cleveland Municipal - 1809

Interior Features

Beds and Baths

Bedrooms
8
Full Bathrooms
3

Building

Building Information

Square Feet
3,260
Year Built
1918
Construction
Vinyl Siding, Wood Siding
Roof
Shingle

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$1,513
Tax Year
2025
Team Results Realty, (614) 382-2124

Market Report for 44108

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MLS Now
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings held by brokerage firms other than LKV Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). LKV Realty does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. This information is deemed reliable but not guaranteed. Copyright 2026 - Multiple Listing Service, Inc. - All Rights Reserved.

For corrections to this data please contact Brytecore MLS Support.

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