630 Eddy Road Cleveland, OH 44108

Building Details

Year Built

1918

Listing Agency Amherst-Russell Real Estate Services

Listed by Hamzah Najar · License #OH 2019007599

Source Crexi

Added: May 12 Updated: Jul 10 at 1:40 pm Checked: Jul 19 at 9:22 am

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Investment Insights

Based on property information with market context.

This is a fully occupied five-unit apartment building located in the Forest Hills neighborhood. Each of the five units includes two bedrooms and one bathroom. The property generates $4,879 per month in gross rental income. Tenants are responsible for gas and electric, which helps minimize owner expenses. Recent improvements include newer HVAC systems, updated flooring, plumbing, bathrooms, kitchens, windows, roof, and landscaping. One unit was recently fully remodeled. The property is located near local parks, shopping, dining, public transportation, and major freeway access, providing access to Downtown Cleveland and surrounding employment centers. The Forest Hills area offers a rental market with walkability to neighborhood amenities and nearby retail conveniences, supporting long-term tenant demand. The property size is 3,232 square feet.

Key Highlights

• Fully occupied 5‑unit building generating $4,879/month gross rental income.
• Turnkey, low‑maintenance investment due to recent renovations including HVAC, flooring, plumbing, bathrooms, kitchens, windows, and roof.
• Consistent unit mix: all units have 2 bedrooms and 1 bathroom.

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FAQs

What type of property is this?

Apartment building - Five-unit apartment building in Forest Hills generating $4,879/month.

Where is this apartment building located?

The property is located at 630 Eddy Road Cleveland, OH.

What is the asking price?

The asking price for this property is $325,000.

What are key features of this property?

This property features: Fully occupied 5‑unit building generating $4,879/month gross rental income.; Turnkey, low‑maintenance investment due to recent renovations including HVAC, flooring, plumbing, bathrooms, kitchens, windows, and roof.; Consistent unit mix: all units have 2 bedrooms and 1 bathroom.