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For Sale Duplex

3316 97th Street, Cleveland, OH

3316 97th Street, Cleveland, OH, 44102
$199,900

Property Details

5 Bedrooms
2 Bathrooms
3,058 Sq Ft
Duplex

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 Information

Address 3316 97th Street
City Cleveland
State OH
Zip Code 44102
Price $199,900
Property Type Residential Income
Listing Type Duplex
Bedrooms 5
Bathrooms 2
Area 3,058 Sq Ft

Location

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