Renovated Triplex With Lease-Up
For Sale
$142,400
974 Eddy Rd, Cleveland, OH 44108
Three-unit property includes an occupied apartment and two larger residences prepared for lease-up.
Property Size3,260 SF
Price / SF$43.68
Days on Market19
Property Features for 974 Eddy Rd
General Information
Standard status
Active
Size
3,260 SF
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
Final plumbing item remaining, quoted by vendor at approx. $3,335.
Units
Unit Mix
1 x 2BR/1BA, 2 x 3BR/1BA
Multifamily Units
3
Building Details
Year Built
1918
Listing Agency:
Team Results Realty
(614) 382-2124
Listed By:
Scott A Marvin · License #2018003245
Source:
Theacclaimedrealty
Added: Aug 12
Changed: Aug 28
Last Checked: Aug 29 at 11:35AM
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 Team Results Realty
Investment Insights
Based on property information with market context.
This 3,260-square-foot triplex, built in 1918, contains one occupied two-bedroom, one-bath apartment and two larger three-bedroom, one-bath apartments. The occupied top-floor unit measures 635 square feet, while the vacant residences measure 1,335 and 1,290 square feet. The two larger units have remained unoccupied since the renovation was completed and are positioned for lease-up.
Renovation work included replacement of the main roof, installation of new furnaces and hot water tanks, interior painting, drywall repairs, kitchen and bathroom updates, flooring, lighting, and new doors and locks. One final plumbing item remains. The property is located at 974 Eddy Rd in Cleveland, Ohio, within the 44108 ZIP code.
Renovation work included replacement of the main roof, installation of new furnaces and hot water tanks, interior painting, drywall repairs, kitchen and bathroom updates, flooring, lighting, and new doors and locks. One final plumbing item remains. The property is located at 974 Eddy Rd in Cleveland, Ohio, within the 44108 ZIP code.
Key Highlights
- 3,260‑square‑foot triplex built in 1918
- Unit mix includes two 3BR/1BA apartments and one 2BR/1BA apartment
- Two vacant units measure 1,335 sqft and 1,290 sqft
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
399
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit property includes an occupied apartment and two larger residences prepared for lease-up.
Where is this triplex located?
The property is located at 974 Eddy Rd Cleveland, OH.
What is the asking price?
The asking price for this property is $142,400.
What are key features of this property?
This property features: 3,260‑square‑foot triplex built in 1918; Unit mix includes two 3BR/1BA apartments and one 2BR/1BA apartment; Two vacant units measure 1,335 sqft and 1,290 sqft
