3316 W 97th Street, Cleveland, OH 44102

Cleveland
Local realty services provided by:ERA Real Solutions Realty
3316 W 97th Street,Cleveland, OH 44102
$199,900
Virtual Tour
  • 5 Beds
  • 2 Baths
  • 3,058 sq. ft.
  • Multi-family
  • Active
Listed by: megan gordon
Office: keller williams citywide
MLS#:5189396
Source:OH_NORMLS

Price summary

  • Price:$199,900
  • Price per sq. ft.:$65.37

About this home

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...

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Home facts

  • Year built:1915
  • Listing ID #:5189396
  • Added:70 day(s) ago
  • Updated:May 08, 2026 at 02:15 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:10
  • Kitchen Description:Range, Refrigerator
  • Basement:Yes
  • Basement Description:Common Basement, Unfinished
  • Living area:3,058 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt
  • Year built:1915
  • Building area:3,058 sq. ft.
  • Lot area:0.11 Acres
  • Construction Materials:Aluminium Siding
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$199,900
  • Price per sq. ft.:$65.37
  • Tax amount:$2,927 (2025)

Features and amenities

  • Appliances:Range, Refrigerator

Parking

  • Parking description:Driveway
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