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Two-Family Home with Garage
For Sale
$40,000

863 Eddy Rd, Cleveland, OH 44108

Two residential units offer separate living space, with a garage for parking and storage.

Property Size2,288 SF
Price / SF$17.48
Days on Market8

Property Features for 863 Eddy Rd

General Information

Standard status Active
Size 2,288 SF
Total Parking Spaces 2
Property subtype Residential Income

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,484
Listing Agency: Century 21 Homestar
Listed By: Shane Reid · License #429738
Source: Exprealty
Added: Oct 9 Changed: Oct 11 Last Checked: Oct 15 at 3:39AM

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 Century 21 Homestar

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Investment Insights

Based on property information with market context.

This two-family property contains approximately 2,288 square feet of living area. Both units have two bedrooms, while the upper-floor residence includes an additional bathroom and extra flexible space. A two-car garage provides on-site parking and storage.

The property is located in Cleveland’s Forest Hills neighborhood.

Key Highlights

  • Two units, each with 2 bedrooms
  • Approximately 2,288 square feet of living area
  • Upper‑floor unit has an additional bathroom and flexible extra space

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Gym & Fitness Center Big Box & Wholesale Store

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

332
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer separate living space, with a garage for parking and storage.
Where is this duplex located?
The property is located at 863 Eddy Rd Cleveland, OH.
What is the asking price?
The asking price for this property is $40,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms; Approximately 2,288 square feet of living area; Upper‑floor unit has an additional bathroom and flexible extra space
More about this property
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