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    554 Eddy Rd Cleveland, OH 44108

    New
    For Sale
    $110,000

    MULTI_FAMILY - Cleveland, OH

    Property size:
    2,910 SF
    Lot size:
    0.10 Acres
    Days on Market:
    1
    Last Refresh:
    Dec 7 at 8:06 am

    Property Features for 554 Eddy Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bathroom 3, Bedroom 3, Basement, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 4
    Bedrooms
    4
    Bathrooms
    3
    APN
    111-05-014
    Parking features
    Driveway
    Size
    2,910 SF
    Lot size
    0.10 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Building materials
    WoodSiding
    Roof type
    Slate

    Elite Sotheby's International Realty / Premier Realty LLC (970) 646-8170 [email protected]

    Listing agent Ashley Edwards (216) 856-2401 License #2023006932

    Listing date Dec 7, 2025

    MLS# 5142911 Listing URL

    Copyright © 2025 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.

    Overview

    Turnkey Triplex in Cleveland, OH

    This well-maintained triplex, freshly painted, is an investor special, offering solid cash flow and value-add potential. Ideal for buy-and-hold investors seeking a steady return, the property features three unique units. The first floor includes a spacious one-bedroom, one-bathroom unit with a five-room layout consisting of a foyer, living room, dining room, kitchen, and large bedroom, and newer carpet. The second floor contains a two-bedroom, one-bathroom unit. The third floor features a loft-style one-bedroom, one-bathroom unit. The property is conveniently located near schools, shopping, and public transit. The property size is 2910 square feet and the lot size is 0.1033 acres. The property is tenant-occupied with month-to-month leases.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Accounting Firm Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.60138
    Latitude
    41.542102

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    FAQs

    What type of property is this?
    Triplex - Well-maintained triplex with cash flow and value-add potential.
    Where is this triplex located?
    The property is located at 554 Eddy Rd Cleveland, OH.
    What is the asking price?
    The asking price for this property is $110,000.
    What are key features of this property?
    This property features: - Turnkey Triplex: Ready for immediate cash flow.; - Three Units: Offers diversified income streams.; - Value-Add Potential: Opportunity to increase property value.
    (216) 856-2401
    Request Owner's contact information
    554 Eddy Rd Cleveland, OH 44108
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    554 Eddy Rd Cleveland, OH 44108
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