3316 W 97th Street, Cleveland, OH 44102

• 5 beds |
• 2 baths |
• 3,058 sqft

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!

Listing Status:

Active

Data Last Updated:

March 17, 2026 at 5:19PM

Listing Office:

Keller Williams Citywide : 440-892-2211

Listing Agent:

Megan Gordon : 216-392-8075

MLS ID:

5189396

Interior

• Appliances: RangeRefrigerator
• Basement: Common BasementUnfinished
• A/C: None
• Heating: Forced Air

Exterior

• Parking: DrivewayOff Street

Construction

• Roofing: Asphalt
• General: Aluminum Siding2Block

Location

• Originating MLS: NOWDD_NORM
• School District: Cleveland Municipal - 1809
• County: Cuyahoga

Lot

• Zoning: 14 FORD 0017 ALL017-24-077

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: NOWDD_NORM