Back 647 Eddy Road
Off Market

647 Eddy Road

Cleveland OH 44108

8
4
4632 sq. ft.
0.14 ac.
Duplex
Last sold for $379,900
Michael BalamentiMichael Balamenti, last sold this property on 08 December 2025 after 51 days on market.

Overview

100% turnkey and ready Ca$h Cow! Better than new 4632 SQFT quad unit apartment building! Must see to believe the meticulous craftsmanship and professional quality! Each unit has 5 rooms, 2 bedrooms and 1 bathroom, 1158 SQFT each. Seller has completely gutted the entire building and rebuilt it. All new mechanical systems include PVC drains, copper feed lines, gas lines, Romex wiring, all separate updated panel boxes and meters. Furnaces, ductwork and power vent hot water tanks all 2022. Rebuilt porches front and back, roof 2015, Alside Mezzo double hung vinyl windows 2020, double Dutch lap vinyl siding 2021. All 4 interior units have been redone in the last 2 years. Updates include insulation, drywall, millwork, interior and exterior doors, vinyl plank flooring electrical and plumbing fixtures, kitchens, bathrooms, hardware, double racked closets kitchen appliances include stoves, refrigerators, garbage disposals and more! With 25% down at 7.25 interest rate there is a 14.31% cash on cash return (ROI) and a 10.17% Cap Rate!

Features

8 bedrooms
4 bathrooms
4632 sq. ft. floor area
0.14 ac. lot size
Duplex

Estimated Value

Based on this property and similar 8 bedroom duplexes sold in Cleveland over the last 12 months, the estimated median property value of 647 Eddy Road is $180k.

Median value
$180k
Estimated value range
$37k - $379.9k
Median days on market
35
Estimated value trend
-9%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Cleveland. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 647 Eddy Road

2025
Sold
$379,900
08 Dec 2025 by Michael Balamenti, of Power House Realty

Happy sellers in Cleveland

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We have insufficient information to provide an overview of customer satisfaction for Cleveland. Viewing the agent profiles, reviews and sales for Cleveland can provide insights for this location.

Local market activity for 8 bedroom duplexes in Cleveland

In the last 12 months, 9 eight-bedroom duplexes similar to 647 Eddy Road, have been sold.

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