Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    647 Eddy Rd Cleveland, OH 44108

    For Sale
    $379,900

    MULTI_FAMILY - Cleveland, OH

    Property size:
    4,632 SF
    Lot size:
    0.14 Acres
    Days on Market:
    25
    Last Refresh:
    Dec 14 at 10:06 pm

    Property Features for 647 Eddy Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Window features
    Blinds, Screens
    Rooms
    Bedroom 6, Bathroom 4, Bedroom 7, Bathroom 2, Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 5, Laundry Room, Bedroom 8, Bedroom 4, Bathroom 1, Bedroom 2, Basement
    Bedrooms
    8
    Bathrooms
    4
    APN
    110-04-070
    Parking features
    Driveway
    Interior features
    CeilingFans, EatInKitchen, HighCeilings, LaminateCounters, OpenFloorplan, Pantry, Storage
    Fencing
    Privacy
    Appliances
    Disposal, Range, Refrigerator, Washer
    Size
    4,632 SF
    Lot size
    0.14 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1918
    Floors in Building
    2
    Building materials
    Brick, Block, VinylSiding, WoodSiding
    Roof type
    Asphalt, Fiberglass
    Additional Structures
    Storage

    Seven Sigma Properties (216) 990-9495 [email protected]

    Listing agent Michael A Balamenti (216) 990-9495 License #2002019798

    Listing date Nov 20, 2025

    MLS# 5165439 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 Quadplex Apartment Building

    This is a 4632 square foot quadplex apartment building, fully renovated and move-in ready. Each of the four units features five rooms, including two bedrooms and one bathroom, with each unit spanning 1158 square feet. The entire building has been gutted and rebuilt with meticulous craftsmanship. All mechanical systems are new, including PVC drains, copper feed lines, gas lines, and Romex wiring, with separate updated panel boxes and meters. Furnaces, ductwork, and power vent hot water tanks were all installed in 2022. The front and back porches have been rebuilt, and the roof was replaced in 2015. Alside Mezzo double-hung vinyl windows were installed in 2020, and double Dutch lap vinyl siding was added in 2021. All four interior units have been renovated within the last two years, with updates including insulation, drywall, millwork, interior and exterior doors, vinyl plank flooring, and electrical and plumbing fixtures. The kitchens and bathrooms have been updated with new hardware, and the closets feature double racking. Kitchen appliances include stoves, refrigerators, and garbage disposals. The property is located in Cleveland, OH 44108, Cuyahoga County, on a lot of approximately 0.1445 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.600567
    Latitude
    41.539431

    Nearby Similar for Sale

    • New
      $485,000
      0.08 Acres

      Portfolio of Four Cleveland Properties

      Four properties with income potential in Cleveland and Lorain, Ohio.
      6306 Flowerdale Ave, Cleveland, OH 44144
      View Details
    • $148,500
      Pending

      Renovated Tenant-Occupied Triplex For Sale

      Completely renovated, tenant-occupied triplex with strong rental income.
      12322 Fairport Ave, Cleveland, OH 44118
      View Details
    • $148,500
      Pending

      Renovated Tenant-Occupied Cleveland Triplex

      Completely renovated, tenant-occupied triplex with strong rental income.
      12322 Fairport Ave, Cleveland, OH 44118
      View Details
    • New
      $485,000
      0.08 Acres

      Updated Multifamily Portfolio Opportunity

      Four-property portfolio with income potential and recent updates.
      6306 Flowerdale Ave, Cleveland, OH 44144
      View Details
    • $300,000
      Pending

      Charming Edgewater Duplex with Updates

      Well-maintained duplex in Edgewater with turnkey investment potential.
      10211 Baltic Rd, Cleveland, OH 44102
      View Details
    • $579,900
      0.10 Acres

      Renovated Triplex in Ohio City

      Completely renovated, tax abated triplex near West 25th Street.
      3823 John Ave, Cleveland, OH 44113
      View Details

    FAQs

    What type of property is this?
    Quadplex - Completely renovated 4-unit apartment building, ideal for immediate rental income.
    Where is this quadplex located?
    The property is located at 647 Eddy Rd Cleveland, OH.
    What is the asking price?
    The asking price for this property is $379,900.
    What are key features of this property?
    This property features: - High cash on cash return (14.31% ROI) and a 10.17% Cap Rate.; - **Completely renovated/rebuilt quad unit apartment building (4632 SQFT) with meticulous craftsmanship.**; - All new mechanical systems: PVC drains, copper feed lines, gas lines, Romex wiring, separate updated panel boxes and meters, 2022 furnaces, ductwork and power vent hot water tanks.
    (216) 990-9495
    Request Owner's contact information
    647 Eddy Rd Cleveland, OH 44108
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    647 Eddy Rd
    Cleveland, OH 44108
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    647 Eddy Rd Cleveland, OH 44108
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.