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$379,900
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Property Description
100% turnkey and ready Ca$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!
Full Property Details
Full Property Details for 647 Eddy Rd
General
- Sold For: $379,900
- Taxes: $2,999 (2024)
- Status: Closed
- Type: Multi-Family
- Source: 505
- MLS ID: 5165439
- Added to Site: 91 day(s) ago
Interior
- Number of Rooms: 20
- Interior Features: Ceiling Fan(s), Eat-in Kitchen, High Ceilings, Laminate Counters, Open Floorplan, Pantry, Storage
- Appliances: Disposal, Range, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Common Area, Washer Hookup, Electric Dryer Hookup, In Basement, Lower Level
Additional Information
- Security/Safety: Smoke Detector(s)
Parking
- Parking Features: Driveway
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Burrows & Putts
- Driving Directions: On Eddy Rd. South of St Clair.
- Direction Faces: West
School Information
- Elem School District: Cleveland Municipal - 1809
- Midd School District: Cleveland Municipal - 1809
- High School District: Cleveland Municipal - 1809
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Brick, Block, Vinyl Siding, Wood Siding
- Basement: Yes
- Basement Desc.: Full
- Roof: Asphalt, Fiberglass
- Windows: Blinds, Double Pane Windows, Screens
- Stories/Levels: 2
- Square Feet: 4,632
- Living Area: 4,632 Sq. Ft.
- Finished Above Grnd: 4,632 Sq. Ft.
- Year Built: 1918
- Year Built Source: See Remarks
- Property Condition: Updated/Remodeled
Lot Features
- Property View: City
- Lot Size (Acres): 0.1445
- Lot Size: .1445
- Lot Size Source: Public Records
- Street Lights: Yes
- Lot Features: Back Yard, City Lot, Flat, Level, Rectangular Lot
- Fencing (Description): Chain Link, Partial, Privacy, Wood
Financial Considerations
- Tax Amount: $2,999
- Tax Year: 2024
- Terms: Cash, Conventional
- Owner Pays: Grounds Care, Sewer, Taxes, Trash Collection, Water
- Tenant Pays: Electricity, Gas
Disclosures and Reports
- Legal Description: 364 B&P 0111 ALL
- Disclosures/Rstr.: Principal is Real Estate Licensed
- Property ID: 110-04-070
Listed by Power House Realty, Michael A Balamenti
Sold by EXP Realty, LLC., Nicole M Garcia
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Schools
Schools serving 647 Eddy Rd
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Glenville High School 650 East 113th Street, Cleveland, OH 44108 | 9-12 | 0.3 mi |
Stephanie Tubbs Jones 11901 Durant Avenue, Cleveland, OH 44108 | PK-8 | 0.4 mi |
Franklin D. Roosevelt 800 Linn Drive, Cleveland, OH 44108 | PK-8 | 0.6 mi |
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 11.8 mi |
Cleveland School Of The Arts High School 2064 Stearns Road, Cleveland, OH 44106 | 9-12 | 2.7 mi |
John Hay School Of Science & Medicine 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 2.7 mi |
John Hay School Of Architecture & Design 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 2.7 mi |
Kenneth W Clement 14311 Woodworth Avenue, Cleveland, OH 44112 | PK-8 | 1 mi |
Mary M Bethune 11815 Moulton Avenue, Cleveland, OH 44106 | PK-8 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 647 Eddy Rd
Date
Details
Price
Change
Source
12/08/2025
Sold
$379,900
—
MLS
10/17/2025
Listed
$379,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
647 Eddy Road, Loveland, OH 44108 (MLS# 5165439) is a Multi-Family property that was sold at $379,900 on December 08, 2025. Want to learn more about 647 Eddy Road? Do you have questions about finding other Multi-Family real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

