Back 974 Eddy Road
Off Market

974 Eddy Road

Cleveland OH 44108

8
3
4
3260 sq. ft.
0.11 ac.
Duplex
Last sold for $135,000
Scott MarvinScott Marvin, last sold this property on 15 October 2026 after 124 days on market.

Overview

$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.

Features

8 bedrooms
3 bathrooms
4 carspaces
4 garage spaces
3260 sq. ft. floor area
0.11 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 974 Eddy Road is $150.6k.

Median value
$150.6k
Estimated value range
$45.5k - $379.9k
Median days on market
39
Estimated value trend
-21%
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 974 Eddy Road

2026
Sold
$135,000
15 Oct 2026 by Scott Marvin, of Team Results Realty

Happy sellers in Cleveland

~%

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, 12 eight-bedroom duplexes similar to 974 Eddy Road, have been sold.

This represents a 18% decrease in eight-bedroom duplexes sales when compared to the previous 12 months.

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