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Active
  • Price cut: $5K (7/23)
    $144,900

    974 Eddy Rd, Cleveland, OH 44108

    8beds
    3,260sqft
    : 
    $1,138/mo
    Get pre-qualified
    Triplex, Multi Family
    Built in 1918
    -- sqft lot
    $-- Zestimate®
    $44/sqft
    $-- HOA

    What's special

    Interior paintBath updatesMain roof replacementDrywall repairs
    $3,100+ Projected Monthly Income | $1,000+/Mo Projected Cash Flow | $190K Appraised Value | Fully Renovated | $80K+ Documented Rehab Work | One Unit Occupied | Two Large 3BR Units Ready for Lease-Up Triplex-style multifamily with a full rehab completed across the property, one unit already occupied, and two oversized 3 bed / 1 bath units ready for lease-up. The rehab included major work such as main roof replacement, new furnaces and hot water tanks, interior paint, drywall repairs, kitchen/bath updates, flooring, lighting, doors/locks, and other improvements. The occupied unit is the smaller top-floor 2 bed / 1 bath unit with 635 sqft, currently rented at $700/month and income-producing, providing immediate rental income. The two vacant 3BR units are significantly larger, with 1,335 sqft and 1,290 sqft, and have not been occupied since the rehab work was completed. Estimated rents for the two vacant 3BR units are $1,200–$1,300/Mo each based on nearby 3BR comps and property management feedback. Prior appraisal documentation showed a $190,000 appraised value and confirmed the prior scope of work was completed per inspection. Seller can provide appraisal completion documentation and rehab work summary to serious buyers. Final plumbing item remaining, quoted by vendor at approx. $3,335. Seller has already completed the major rehab, and unit prep, absorbing the time, cost, and execution risk of the heavy work. The next investor can step in, button up the final item, move directly into lease-up of the two large vacant 3BR units, and move toward a cash-flowing rental property. Seller-provided investment analysis shows $1,000+/month projected cash flow under sample financing and expense assumptions. Supporting documentation available to serious buyers upon request, including full detailed investment analysis with cash-flow model, expense assumptions, cap rate/DSCR/return metrics, rental comps, appraisal documentation, and completed rehab work summary.
    41 days
    |
    537
    |
    41
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Scott A Marvin 614-382-2124 scottamarvin@gmail.com,

    Team Results Realty

    Source: MLS Now,MLS#: 5218533MLS LogoOriginating MLS: Other/Unspecificed

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Forced Air, Gas
      Cooling
      • None
      Features
      • Basement: Partial
      Interior area
      • Total structure area: 3,260
      • Total interior livable area: 3,260 sqft
      • Finished area above ground: 3,260
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Detached, Garage
      • Garage spaces: 4
      Features
      • Levels: Three Or More
      Lot
      • Size: 4,678 Square Feet
      Details
      • Parcel number: 11012030
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex, Multi Family
      Materials
      • Vinyl Siding, Wood Siding
      • Roof: Shingle
      Condition
      • Year built: 1918

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Adams Realty Companys 04
      Location
      • Region: Cleveland

      Financial & listing details

      • Price per square foot: $44/sqft
      • Tax assessed value: $64,600
      • Annual tax amount: $1,513
      • Date on market: 6/12/2026
      • Cumulative days on market: 41 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/23/2026Price change$144,900-3.3%$44/sqft
        Source: MLS Now #5218533 Report a problem
        7/13/2026Price change$149,900-3.2%$46/sqft
        Source: MLS Now #5218533 Report a problem
        7/6/2026Price change$154,900-2.6%$48/sqft
        Source: MLS Now #5218533 Report a problem
        6/29/2026Price change$159,000-3%$49/sqft
        Source: MLS Now #5218533 Report a problem
        6/25/2026Price change$164,000-3%$50/sqft
        Source: MLS Now #5218533 Report a problem
        6/20/2026Price change$169,000-3.4%$52/sqft
        Source: MLS Now #5218533 Report a problem
        6/17/2026Price change$174,900-2.8%$54/sqft
        Source: MLS Now #5218533 Report a problem
        6/12/2026Listed for sale$179,900+287.6%$55/sqft
        Source: MLS Now #5218533 Report a problem
        2/5/2026Listing removed$800
        Source: Zillow Rentals Report a problem
        1/27/2026Price change$800-11.1%
        Source: Zillow Rentals Report a problem
        1/7/2026Price change$900-5.3%
        Source: Zillow Rentals Report a problem
        11/28/2025Price change$950-13.6%
        Source: Zillow Rentals Report a problem
        11/15/2025Price change$1,100-8.3%
        Source: Zillow Rentals Report a problem
        10/14/2025Price change$1,200+71.4%
        Source: Zillow Rentals Report a problem
        9/4/2025Price change$700-46.2%
        Source: Zillow Rentals Report a problem
        9/4/2025Price change$1,300-13.3%
        Source: Zillow Rentals Report a problem
        9/1/2025Price change$1,500+66.7%
        Source: Zillow Rentals Report a problem
        9/1/2025Listed for rent$900
        Source: Zillow Rentals Report a problem
        4/26/2025Sold$46,418$14/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,513 +0%$22,610
        2024$1,512 +95.5%$22,610 +126.6%
        2023$774 +0.6%$9,980
        2022$769 +1%$9,980
        2021$762 +5.2%$9,980 +21.9%
        2020$724 +8%$8,190
        2019$671 +0.3%$8,190
        2018$669 -39.9%$8,190 -37.8%
        2017$1,113 +0.8%$13,160
        2016$1,103 $13,160
        2015$1,103 -10.5%$13,160 -10.1%
        2014$1,233 +1.7%$14,640
        2013$1,212 +2.9%$14,640
        2012$1,178 +30.9%$14,640 +0.5%
        2011$900 +0.2%$14,560
        2010$899 +0.8%$14,560
        2009$892 -7.6%$14,560 -12.1%
        2008$965 +3.3%$16,560
        2007$934 +2.1%$16,560
        2006$915 +12.4%$16,560 +18.3%
        2005$815 +1.2%$14,000
        2004$805 -34.2%$14,000 -34.8%
        2003$1,223 +19%$21,460 +17.9%
        2002$1,028 -42.2%$18,200
        2001$1,778 +4.5%$18,200
        2000$1,702 $18,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Forest Hills

        Getting around

        64 / 100
        Somewhat Walkable
        55 / 100
        Good Transit
        44 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Cleveland Municipal - 1809

        Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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