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$179,900 Just Listed
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Property Description
$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.
Full Property Details
Full Property Details for 974 Eddy Rd
General
- Price: $179,900
- Taxes: $1,513 (2025)
- Status: Active
- Type: Triplex
- Source: 505
- MLS ID: 5218533
- Updated: Today (6/12/2026)
- Added to Site: Today
Interior
- Number of Rooms: 15
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Parking
- Garage: Yes
- Garage Spaces: 4
- Parking Features: Detached, Garage
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Adams Realty Companys 04
- Driving Directions: 974 Eddy Rd near Forest Hill Park
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: Vinyl Siding, Wood Siding
- Basement: Yes
- Basement Desc.: Partial
- Roof: Shingle
- Stories/Levels: 2
- Square Feet: 3,260
- Living Area: 3,260 Sq. Ft.
- Finished Above Grnd: 3,260 Sq. Ft.
- Year Built: 1918
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.1074
- Lot Size: .1074
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $1,513
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: 373 ADAMS#4 0034 ALL
- Property ID: 110-12-030
Listed by Team Results Realty, Scott A Marvin
Get Pre-Approved Today
Schools
Schools serving 974 Eddy Rd
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Stephanie Tubbs Jones 11901 Durant Avenue, Cleveland, OH 44108 | PK-8 | 0.4 mi |
Mary M Bethune 11815 Moulton Avenue, Cleveland, OH 44106 | PK-8 | 0.8 mi |
Glenville High School 650 East 113th Street, Cleveland, OH 44108 | 9-12 | 0.8 mi |
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 11.7 mi |
John Hay School Of Science & Medicine 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 2.2 mi |
John Hay School Of Architecture & Design 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 2.2 mi |
John Hay Early College High School 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 2.2 mi |
Franklin D. Roosevelt 800 Linn Drive, Cleveland, OH 44108 | PK-8 | 0.8 mi |
Kenneth W Clement 14311 Woodworth Avenue, Cleveland, OH 44112 | PK-8 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 974 Eddy Rd
Date
Details
Price
Change
Source
6/12/2026
Listed
$179,900
287.57%
MLS
4/23/2025
Sold
$46,418
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 974 Eddy Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,512
—
$22,620
127%
2023
$1,512
97%
$9,980
—
2022
$769
1%
$9,980
—
2021
$762
5%
$9,980
22%
2020
$724
8%
$8,190
—
2019
$671
—
$8,200
—
2018
$669
-40%
$8,200
-38%
2017
$1,113
1%
$13,160
—
2016
$1,104
—
$13,160
—
2015
$1,103
-10%
$13,160
-10%
2014
$1,226
1%
$14,640
—
2013
$1,212
—
$14,640
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 974 Eddy Rd
974 Eddy Road, Loveland, OH 44108 (MLS# 5218533) is a Triplex property with 8 bedrooms and 3 full bathrooms. 974 Eddy Road is currently listed for $179,900 and was received on June 12, 2026. Want to learn more about 974 Eddy Road? Do you have questions about finding other Triplex real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

