3316 W 97th Street
Cleveland, OH 44102

Listed at $199,900

Details

  • MLS# 5189396
  • Multi Unit - Multiple
  • Status Active
  • 5 Bedrooms
  • 2 full Bathrooms
  • 3,058 Square Feet
  • 0.113 acres
  • Built in 1915
  • Cleveland Municipal - 1809 Local Schools
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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...read more 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 Midwests strongest cash-flow markets. Dont 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!

Features

  • Range
  • Refrigerator
  • None
  • Forced Air
  • 2.0 Stories
  • $2,927 / year Taxes
  • Public
  • Built in 1915
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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/14/2026. The listing information on this page last changed on 03/14/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 03/14/2026 2:14:02 AM EST) or MLS NOW (last updated Sat 03/14/2026 12:17:38 AM EST). Real estate listings held by brokerage firms other than Progressive Urban Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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All Property Features

  • Property Type: Multi Unit - Multiple
  • Appliances: Range, Refrigerator
  • Basement: Common Basement, Unfinished
  • Basement: Yes
  • Cooling: None
  • Days on Site: 15
  • Exterior: Aluminum Siding
  • Heating: Forced Air
  • Lot Size: 0.11 Acres
  • Parcel#: 017-24-077
  • Parking: Driveway, Off Street
  • Roof Type: Asphalt
  • Sewer: Public Sewer
  • Stories: 2.0
  • Taxes: $2,927 / year
  • Water: Public
  • Year Built: 1915