East Cleveland Multifamily Value-Add
1526 Eddington Road, East Cleveland, OH 44118
MULTI_FAMILY - East Cleveland, OH
Property size:
2,864 SFLot size:
0.12 AcresPrice / SF:
$55/SF- Added:
- Jan 22, 2026
- Days on Market:
- 111
- Last Refresh:
- May 13 at 4:06 pm
Property Features for 1526 Eddington Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 3
- Rooms
- Bedroom 5, Bedroom 6, Basement, Bathroom 2, Laundry Room, Bathroom 3, Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 7, Bedroom 4
- Parking features
- Driveway
- Appliances
- Dryer, Washer
- Standard status
- Active Under Contract
- APN
- 672-27-075
- Size
- 2,864 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- 6 COV MAYF &S/L243 NP0242 SP
- Tax Annual Amount
- 1973
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1926
- Floors in Building
- 3
- Building materials
- AluminumSiding, VinylSiding
- Roof type
- Shingle, Asphalt
Listing agent Erin Dorsey Robinson License #2020000009 (216) 200-7771
Listing office EXP Realty, LLC. 159 Crocker Park Blvd. #400, Dublin, OH (866) 212-4991
Listing date Jan 22, 2026
MLS# 5182791
Listing URL
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Excellent value‑add opportunity with immediate cash flow potential.
- First floor 3‑bedroom unit is vacant, ideal for owner‑occupant or market‑rent lease.
- Consistent additional income from coin‑operated laundry (minimum $125/month).
- Long‑term, reliable tenants with consistent on‑time payments.
- Finished third‑floor attic unit (studio) provides additional rental income.
- Convenient location near Coventry Rd, schools, University Circle, Little Italy, shopping, and major commuter routes.
Overview
Located in East Cleveland, this three-unit property at 1526 Eddington Rd presents a value-add opportunity. The property features a finished third floor and a history of long-term rentals. The first floor contains a three-bedroom unit, which is currently vacant. The second floor also has a three-bedroom unit, rented for $750 per month on a month-to-month basis. The finished attic unit on the third floor is a studio, rented for $450 per month on a month-to-month basis. The tenants are described as long-term family occupants who consistently pay on time. Additional income is generated from coin-operated laundry in the basement, consistently producing a minimum of $125 per month and as much as $200. The property is positioned as suitable for investors seeking immediate cash flow through rent adjustments and filling vacancies, or for buyers looking to occupy one unit while collecting rental income. The property is near Coventry Rd, schools, University Circle, Little Italy, shopping, and major commuter routes. The lot size is 0.1175 acres, and the property size is 2864 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Multifamily properties
Map
- City
- East Cleveland
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.5563
- Latitude
- 41.502
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Three-unit property with income potential near University Circle.
Where is this multifamily property located?
The property is located at 1526 Eddington Road East Cleveland, OH.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: Excellent value‑add opportunity with immediate cash flow potential.; First floor 3‑bedroom unit is vacant, ideal for owner‑occupant or market‑rent lease.; Consistent additional income from coin‑operated laundry (minimum $125/month).
