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$120,000

554 Eddy Rd Cleveland, OH 44108

4 beds
3 full
2,910 sqft
0.1 acres
$41 / sqft
Multi-Family

Property details

About 554 Eddy Rd

Investor Special – Turnkey Triplex – Cash Flow + Long-Term Value! This well-maintained triplex offers three unique units offering solid cash flow and value-add potential. Ideal for buy-and-hold investors seeking a steady return. 1st Floor: Spacious 1 BR/1 BA with 5-room layout (foyer, living, dining, kitchen, large bedroom), $700/mo (month-to-month). Newer carpet. 2nd Floor: 2 BR/1 BA, $675/mo (month-to-month). The tenant pays electricity. 3rd Floor: Loft-style 1 BR/1 BA, vacant. Previously rented at $600/mo; Target rent $625. Projected cap rate and investor analysis available upon request. Convenient location near schools, shopping, and public transit. Reach out for rent roll and full investor breakdown. 24-hour notice required for showings.

Highlights

Home typeTriplex
HeatingForced Air
StatusActive
CoolingOther
Size2,910 sqft
BasementYes
Lot size0.1033 Acres
Year built1900
ParkingDriveway
MLS #5142911

Summary

  • Full Bathrooms: 3
  • Basement: Yes
  • Total Bedroom Count: 4
  • Attached Garage: No
  • Private Pool: No
  • Parking: Driveway
  • Heating: Forced Air
  • Cooling: Other
  • List Price: $120,000
  • Price/SqFt: $41
  • Annual Tax Amount: $728
  • Tax Year: 2023
  • Directions: Head West on St Clair Ave turn right onto Eddy Road, Property will be on the left
  • Year Built: 1900
  • Stories: 2
  • Living Area: 2,910 SqFt
  • Lot Size: 0.1033 Acres
  • MLS Number: 5142911
  • MLS Name: NOWDD
  • Office Name: Keller Williams Greater Metropolitan
  • Office Phone: (216) 856-2401
  • Office Email: edwards.ashley@kw.com
  • Listing Agent: Ashley Edwards

IDXCopyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/30/2025, 9:45:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$9,520$728
2022$9,520$724
2021$9,520$717
2020$7,810$680
2019$7,810$629
2018$7,810$621
2017$12,750$1,051

History based on county public records data.

Nearby schools

3

Mayfair Elementary School

Public District 3-5

1.0 mi

13916 Mayfair Ave

5

Boulevard Elementary School

Public District KG-5

2.7 mi

1749 Lee Rd

4

Oxford Elementary School

Public District KG-5

3.0 mi

939 Quilliams Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $23,738. The majority of Cleveland, OH residents have income less than $<35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

69%
<35k
30%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

54%
Single, No Kids
29%
Single, with Kids
12%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
11%
12-17 yrs old
19%
18-34 yrs old
39%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • Foot LockerFoot Locker
  • H&MH&M

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Little CaesarsLittle Caesars
  • Boston MarketBoston Market

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • HondaHonda

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 554 Eddy Rd

The listing price of 554 Eddy Rd property is $120,000.

The property 554 Eddy Rd is a multi located in Cleveland, Ohio, 44108.

Active Listing: 554 Eddy Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 554 Eddy Rd are: Mayfair Elementary School (GreatSchools Rating 3/10), Boulevard Elementary School (GreatSchools Rating 5/10), Oxford Elementary School (GreatSchools Rating 4/10), Citizens Leadership Academy East (GreatSchools Rating 2/10), Patrick Henry School (GreatSchools Rating 3/10), Franklin D. Roosevelt Academy (GreatSchools Rating 3/10), Glenville High School (GreatSchools Rating 2/10), Shaw High School (GreatSchools Rating 2/10), Collinwood High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $728 (source: MLS/based on county public records data).

The property 554 Eddy Rd is 2,910 SqFt (source: MLS/tax record).

The year of construction for 554 Eddy Rd is 1900.

This home is located at 554 Eddy Rd in Cleveland, OH and zip code 44108 in the Glenville neighborhood. This 2,910 square foot home, which was built in 1900, sits on a 0.10 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 25, 2025 and is currently priced at $120,000.

Over 306 listings were sold over their listed price in June 2025 in Cleveland, OH. In the same period over 335 listings were sold below the listed price and 98 listings were sold for the listed price. The number of homes for sale in Cleveland, OH increased by 3.7% between May and June 2025. Listings spent 32 days on the market in June 2025, and had a median list price of $173,756 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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