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Listed price in listed location currency (USD).
$199,900

520

MLS® 5189396

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 3058 sqft
Garage No
Taxes $2,927
Days Active 16
Lot Size 0.113 acres
Approx. Age 1915
Avg. Price Per Sqft $65
MLS® Number 5189396

Property Address: 3316 W 97th St, Cleveland, OH, 44102-4717

Average square foot calculated using Size range provided by listing agent.

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!
MLS® Number5189396
Laundry Level
Central VacNo
FireplaceNo
Acreage0.113
Exterior
GarageNo
Approx. Age1915
BasementCommon Basement, Unfinished
DrivewayDriveway, Off Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 26, 2026List Date
$199,900List Price
May 9, 2025End Date
$1,100Sold Price

Leased

Mar 25, 2025List Date
$1,100List Price
  • Commute

Commute

Starting Address
Destination Address
3316 W 97 Th St, Cleveland, OH

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