For sale

$225,000

881 Eddy Rd, Cleveland, OH 44108

6beds

4baths

7,641sqft

Est.:

Quadruplex, Multi Family

Built in 1925

-- sqft lot

$-- Zestimate^®

$29/sqft

$-- HOA

What's special

High-upside investment opportunity in this 9-unit multifamily building at 881 Eddy Rd, minutes from University Circle, major medical campuses, and downtown Cleveland. With seven large 1-bedroom units and two 2-bedroom units, the property offers an attractive unit mix positioned for strong rental demand in one of Cleveland’s fastest-growing areas. The building needs full renovation, making it an ideal value-add project with significant room to increase rents, improve NOI, and boost long-term equity. With strategic upgrades and smart repositioning, this asset has the potential to deliver standout returns and durable cash flow. Also see listing #5189113 under commercial apartment.

16 days

1,064

41

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4

Heating

Forced Air, Gas

Cooling

None

Features

Basement: Partial,Unfinished

Interior area

Total structure area: 7,641
Total interior livable area: 7,641 sqft
Finished area above ground: 7,641

Video & virtual tour

View virtual tour

Property

Parking

Parking features: Driveway, Paved, On Street

Features

Levels: Three Or More
Stories: 3
Fencing: Chain Link

Lot

Size: 5,000.69 Square Feet

Details

Parcel number: 11011050

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Multi Family

Materials

Brick
Roof: Flat

Condition

Fixer
Year built: 1925

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Forest Hill Pkwy

Location

Region: Cleveland

Financial & listing details

Price per square foot: $29/sqft
Annual tax amount: $10,706
Date on market: 3/6/2026
Cumulative days on market: 17 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Owner May Carry
Tenant pays: Electricity, Gas

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
3/6/2026	Listed for sale	$225,000-41.6%$29/sqft
Source: MLS Now #5191564 Report a problem
5/17/2022	Listing removed	--
Source: RE/MAX International Report a problem
4/14/2022	Price change	$385,000+2.7%$50/sqft
Source: RE/MAX International #4340214 Report a problem
2/11/2022	Pending sale	$375,000$49/sqft
Source: RE/MAX International #4340214 Report a problem
12/29/2021	Listed for sale	$375,000$49/sqft
Source: RE/MAX International #4340214 Report a problem