About This Home

This 4-bedroom, 2-bathroom multi-family at 863 Eddy Road in Cleveland, OH is listed for $40,000 ($17 per sqft). Built in 1918, the home offers 2,288 sqft of living space on a 0.09 acres lot.

Key Features

  • Built in 1918
  • 0.09 acre lot
  • 2 stories

Property Details

2 stories
2 full
2-car garage
1918
Listing Description

Attention investors and owner-occupants! Opportunity awaits with this spacious two-family home located in Cleveland's Forest Hills neighborhood. Each unit features 2 bedrooms, offering an excellent opportunity to generate rental income or live in one unit while renting out the other.

The second-floor unit also features an additional bathroom and extra space that offers flexibility for additional living arrangements, a home office, or recreational space. The electrical panels appear to have been updated, although the age and extent of any improvements have not been verified.

A 2-car garage provides additional parking and storage. With approximately 2,288 square feet of living area, this property offers plenty of potential for investors looking to expand their rental portfolio or buyers interested in building equity through homeownership. Bring your ideas and explore the possibilities this property has to offer!

Monthly Cost Estimate

$214/mo

20% down · 6.5% · 30 years

Principal$29
Interest$173
Insurance$12

Estimates only. Actual payments may vary.

Location

863 Eddy Road

Cleveland, OH 44108

Frst Hill Pkwy

Property Details

Construction

WoodSiding

Parking

DrivewayGarage

Heating

Forced Air

Questions & Answers

This 4-bedroom, 2-bathroom multi-family at 863 Eddy Road is listed at $40,000 ($17/sqft). The estimated monthly payment is $214 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1918, 0.09 acre lot, 2 stories.

This property is listed by Shane Reid.

SR

Shane Reid

License 429738

Agent at Northeast Ohio Realty LLC

Listed by Northeast Ohio Realty LLC · Broker phone: (440) 449-9100 · View on Broker Site · Broker website

MLS# 5252082· Source: MLS Now· 20 days on PropertySimple

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

863 Eddy Road, Cleveland, OH 44108

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