881 Eddy Road, Cleveland, OH 44108

$199,000
Active for Sale
 
Listing ID 11668778
Property Type Multi-Unit (2-4)
County Cuyahoga
Township Cleveland
Total Tax $10,706
Tax ID 110-11-050
FEMA Flood Map fema.gov/portal
Year Built 1925
Virtual Tour
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 #5189113 under commercial apartment.
Property Details
  • 7641 SF (AG)
  • 0.11 Acres
  • Built in 1925
  • 3 Stories
  • Partial Basement
  • Lower Level: Unfinished
Interior Features
  • Forced Air
  • Gas Fuel
Exterior Features
  • Masonry - Brick Construction
  • Flat Roof
  • Community Water
  • Community Septic
  • Subdivision: Forest Hill Pkwy
Taxes and Fees
  • $10,706 Total Tax
  • Tax Year 2025
Listed By
Howard Hanna
Office: 216-721-1210
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