3316 W 97th ST, Cleveland, OH 44102
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3316 W 97th ST, Cleveland, OH 44102
3316 W 97th ST, Cleveland, OH 44102
3316 W 97th ST, Cleveland, OH 44102
3316 W 97th ST, Cleveland, OH 44102
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Joseph Luckino

Joseph Luckino

+1(740) 632-9111
$ 199,900
Est. payment /mo
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Active

3316 W 97th ST Cleveland, OH 44102

5 Beds

2 Baths

3,058 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,058 sqft

Price per Sqft $65

Subdivision H C Fords

MLS Listing ID 5189396

Bedrooms 5

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 2,050

Year Built 1915

Annual Tax Amount $2,927

Tax Year 2025

Lot Size 4,922 Sqft

Acres 0.113

Property Sub-Type Duplex

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!

Location

State OH

County Cuyahoga

Rooms

Basement Common Basement, Unfinished

Interior

Heating Forced Air

Cooling None

Fireplace No

Appliance Range, Refrigerator

Exterior

Parking Features Driveway, Off Street

Water Access Desc Public

Roof Type Asphalt

Private Pool No

Building

Foundation Block

Sewer Public Sewer

Water Public

Level or Stories Three Or More, Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 017-24-077

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Megan Gordon • Keller Williams Citywide • megangordon@kw.com, 216-392-8075

NEARBY SCHOOL & BUSINESS

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Joseph Luckino

Joseph Luckino

Broker | License ID: C2015005262

+1(740) 632-9111

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3316 W 97th ST