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Turnkey Quadplex with 4 Suites
New
For Sale
$250,000

697 Eddy Road, Cleveland, OH 44108

Turnkey 4-suiter quadplex featuring 10 bedrooms and 4 bathrooms in 7,635 SF.

Property Size7,635 SF
Price / SF$32.74
Days on Market7

Property Features for 697 Eddy Road

General Information

Standard status Active
Size 7,635 SF
Property subtype Multi-Family

Additional Details

Highway Access Yes
Multifamily Units 4

Building Details

Year Built 1920
Listing Agency: Land & Shelter Realty
Listed By: Charisse L Green · License #2009003136
Source: Carletonrealty
Added: Jul 27 Changed: Jul 28 Last Checked: Aug 1 at 2:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Land & Shelter Realty

Investment Insights

Based on property information with market context.

This turnkey quadplex offers 4 individual suites with a total of 10 bedrooms and 4 bathrooms, providing flexible space within one property. With approximately 7,635 SF of total building area, the layout is designed to support multiple living arrangements under one roof.

The property is conveniently located near major highways for easy access to downtown Cleveland and surrounding communities. It is also described as minutes from Cleveland Clinic, University Hospital, Case Western Reserve University, and Cleveland State University.

For buyers seeking an income-oriented residential investment, this 4-suiter configuration combines multiple bedroom and bathroom units with a straightforward, all-in-one ownership structure.

Key Highlights

  • Turnkey 4‑suiter quadplex with 10 bedrooms and 4 bathrooms in 7,635 SF
  • Built in 1920
  • Convenient access to major highways for commuting to downtown Cleveland and nearby communities

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Gym & Fitness Center Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

173
Businesses Nearby

Demographics for 44108, OH

20,005
Population
11,798
Households
1.7
Avg Household Size
41
Median Age
16%
College-Educated
82%
High-School Grad
4.5 sq mi
ZIP Area
4,446
Density / Sq Mi
$32,530
Median Household Income
$29,040
Median Earnings
$910
Median Rent
$62,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Turnkey 4-suiter quadplex featuring 10 bedrooms and 4 bathrooms in 7,635 SF.
Where is this quadplex located?
The property is located at 697 Eddy Road Cleveland, OH.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Turnkey 4‑suiter quadplex with 10 bedrooms and 4 bathrooms in 7,635 SF; Built in 1920; Convenient access to major highways for commuting to downtown Cleveland and nearby communities
More about this property
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