Listed By
Agency Name: Keller Williams Citywide
Agency Contact: megangordon@kw.com, 216-392-8075
Shown By
Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575
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Property Description
Welcome to the Cleveland investment market! This fully occupied, turnkey duplex presents an outstanding opportunity for both seasoned and first-time investors looking to generate immediate cash flow. Currently producing $2,050 per month in rental income, this property offers strong returns with an estimated cap rate of approximately 10%+ (based on market operating assumptions), making it a valuable addition to any investment portfolio. Each unit has been well maintained and features spacious layouts, including an oversized 2-bedroom, 1-bath lower unit and an oversized 3-bedroom, 1-bath upper unit. The property showcases beautiful original woodwork in pristine condition, a rare find that adds character and long-term tenant appeal. Major capital improvements provide peace of mind for the next owner, including a full roof and sheathing replacement completed in 2025 and a rear porch roof replacement in 2024, helping minimize near-term maintenance expenses. This is truly a set-it-and-collect-rent opportunity in one of the Midwest's strongest cash-flow markets. Don't miss your chance to secure a performing asset ? schedule your private showing today and see how YOU can start or expand your real estate investing journey!
Property Features
Property Type: Multi Unit - Multiple
Basement: Common Basement, Unfinished
Basement: Yes
Cooling: None
Days on Market: 2
Heating: Forced Air
Lot Size: 0.11 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $2,927 / year
Year Built: 1915
Feature Descriptions
Appliances: Range, Refrigerator
Exterior: Aluminum Siding
Parcel#: 017-24-077
Parking: Driveway, Off Street
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
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Estimated Payment
$ 1,277.53 per month $975.31 Principal & Interest $243.92 Property Tax $58.30 Homeowner's InsuranceChange Payment Information
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3316 W 97th Street | MLS# 5189396
This multi-family property located at 3316 W 97th Street, Cleveland, OH 44102 is currently listed for sale with an asking price of $199,900. W 97th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.cutlercigroup.com today.