Investment Opportunity – 4 Bed, 1 Bath Fix & Flip or Rental Discover the potential in this 4-bedroom, 1-bath investment property with strong upside. The home has already had some updates completed, including partial electrical upgrades, giving you a head start on your renovation. With the heavy lifting already started, it's ready for an investor to come in and finish the project. This property offers excellent value-add potential with an ARV (After Repair Value) of $110,000. Whether you’re looking for your next flip or a long-term buy-and-hold rental, this property is a great opportunity to add to your portfolio. SELLING AS IS! No WHOLESALERS OR CONTRACT ASSIGMENTS
Single-familyProperty Type
1916Year Built
3,998 sq ftLot Size
1 spaceParking
Listed by Ryan Sackman• Keller Williams Greater Cleveland Northeast
Forest Hills, located between East 93rd Street and East 105th Street, is a residential and park-adjacent Cleveland neighborhood with curving streets and a wooded, hillside feel. The neighborhood’s character concentrates around the Forest Hills Park entrances near East 93rd Street, where trailheads, ballfields, and open lawns set a weekend rhythm. Early-20th-century homes—brick colonials, Tudors, and sturdy doubles—line streets that rise and dip toward the park’s ravines. The Cleveland Metroparks’ Forest Hills Park reads as the local front yard, with long sightlines and room for pickup games. Nearby cultural anchors such as the Cleveland Museum of Art and Severance Music Center add a polished, citywide backdrop.
Provided by Walk Score and Local Logic
Market insights
512 Eddy Rd · $43,000
DAYS ON MARKET
353 days
The average home goes pending in 21 days.
SALE-TO-LIST
99.8%
Most homes are selling 0% below list price.
LIST PRICE
$43,000
Median list price in this area is $244,357. (468% higher than this home)
PRICE DROP
2 price drops
24% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Basement present
Seven total rooms
Bathrooms
One full bathroom
Heating & cooling
Forced air heating
Humidity control cooling
Exterior features
Driveway
Home design
Two-story property
Parking
Driveway
Construction
Block construction
Block foundation
Shingle roof
Built (year source: public records)
Utilities
Public water
Public sewer
Electricity and solar
View estimated energy costs and solar savings for this home
Perform exterior alterations by repairing and replacing porch flooring and fascia boards using approved materials according to city code. No structural changes are included. Remove all construction debris from the site.
Remodel
Sep 30, 2015 • Active
Res hvac & refrigeration
Work on a furnace.
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 94° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Cleveland, OH • 44108
Average low and high temperatures (°F)
30
19
36
23
52
35
60
44
64
52
76
64
82
70
77
65
74
61
65
51
51
41
39
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
90/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 25% for direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 512 Eddy Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $47,500 and $93,750.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $48K to $94K.