The mansion gets its name from the wide eaves – which are supported by slanted pillars – of its main room protruding into the street. The building has two-storeys and is L-shaped, enclosing a square inner courtyard. Even though the exact date of construction is unknown for this building, traces found on the facade, and the Gothic arch discovered in the arched gallery on the ground floor during renovations suggest that the construction of The Eaved House stretches back to the middle ages.

The house was further developed during the Ottoman period, making use of existing middle age relics. Its features, be it its planning, the construction techniques or the building materials used, are characteristic of an Ottoman architecture. The year 1932 is inscribed on the main entrance door, which indicates that the house underwent a large-scale renovation during this time and the wide main door as well as the large window with a stone frame on the facade appear to be dating back to this renovation.

There are three rooms on each floor and access to the first floor is via a steep wooden staircase situated in the arched gallery. The main room of the mansion, adorned with numerous windows, was constructed using timber framing techniques, whereas the other rooms were built with stone and mud-bricks. Over time, the rooms on the ground floor were divided up and converted into shops with arbitrarily assigned individual entrances from the façade. Unfortunately, due to damage caused by misuse, uninformed interventions and additions the main room has subsided towards the inner courtyard. In 1986, the building was expropriated by the Department of Antiquities and Museums and restorations took place between 1994 and 1996.

The restoration works for the house took place in two phases. During the first phase, in order to restore the original features of the house, unnecessary recent extensions were demolished and discarded of. The primary goal was to convert The Eaved House to serve as a Culture and Arts Centre, where both arts and cultural organizations as well as individual artists could hold exhibitions, meetings, conferences, seminars and other similar activities. Therefore, the rooms on both floors were reorganized with this goal in mind and an administration unit was added onto the southwest part of the inner courtyard.