new - 12 hours on rocket

3197 W 98th St, Cleveland, OH, 44102

$225,000

Home List Price

$2,672*

Closing Credit

8 Bedrooms
4 Full Baths
3,022 SqFt
$74/SqFt
Multi

Location

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3197 W 98th St, Cleveland$225,000

Buyer Closing Credits

$2,672*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingDriveway, Paved, On Street
Year Built1906
HeatingNatural Gas, Hot Water, Steam
CoolingNone
BasementYes
MLS #5071737
Lot Size0.11 Acres
StatusActive

About 3197 W 98th St

Attention West Side of Cleveland investors! This triplex nestled between Cudell and West Blvd is fully occupied! Cash cow now bringing in just over $3k per month with room to move!! This opportunity is comprised of 2 buildings on one parcel. The front building is a duplex currently rented for $2025/month. The rear SF home is rented for $1k per month. Conveniently located close to highways, Downtown, Lakewood, and all that Cleveland has to offer. 2 of the units are month to month allowing for flexibility to the new owner. Professional local property management in place for a seamless transition to new owners. Call your favorite Realtor today for information. Please do not disturb current tenants. Showings will be allowed once a contract offer has been accepted. No creative financing. AGENTS READ REMARKS

Property Details

Property Features

Property Information:

  • Year Built: 1906
  • Stories: 2
  • Living Area: 3,022 SqFt

Listing Office:

  • Office Name: Keller Williams Living
  • Office Phone: (216) 236-8849
  • Listing Agent: Michael L Magno

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Driveway, Paved, On Street

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water, Steam
  • Cooling: None

Other

Directions Information:

  • Directions: Denison to 98th.

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000
  • Price Per SqFt: $74/SqFt

Tax Information:

  • Annual Amount: $1,484
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Cleveland, OH.

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Cleveland, OH

City

Med. Sold Price

$161.6K

Med. Price/SqFt

$98

Avg. Days On Market

32

# of Sold Homes

725

3197 W 98th St vs Cleveland

1 DAY ON ROCKET

-31 Days

$225,000

+$63.3K More

$74/SqFt

-$24 Less

KEY TAKEAWAY

This property is $63.3K more than the Median Sold Price and $24/SqFt less than other homes in Cleveland, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5071737

Listing Office:

  • Office Name: Keller Williams Living
  • Office Phone: (216) 236-8849
  • Listing Agent: Michael L Magno

IDXCopyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is 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. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/20/2024, 10:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 02, 2021Home Sold
$100,000
Jul 15, 2021Home Sold
$86,900
Apr 06, 2020Home Sold
$96,777
Jul 19, 2016Home Sold
$48,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,484$16,800
2019$1,374$16,800
2018$1,370$16,800
2017$1,421$16,810

History based on county public records data.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-174123
4
/10

  • Constellation Schools: Stockyard Community Elementary School

  • 3200 W 65th St

  • 1.03 miles

  • Public Charter Grades KG-6

school-card-donut-174124
5
/10

  • Louisa May Alcott Elementary School

  • 10308 Baltic Rd

  • 1.14 miles

  • Public District Grades KG-5

school-card-donut-174125
7
/10

  • Harrison Elementary School

  • 2080 Quail St

  • 1.49 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,833. Typical income of Cleveland, OH residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Living In Cleveland, OH

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Cleveland, OH?

Cleveland's housing market offers a diverse array of options, with single-family homes being a significant portion of the landscape. Architectural styles vary widely, featuring historic Victorian homes alongside contemporary new builds. The city's homeownership rate is robust, with a substantial percentage of residents owning their homes, while the remainder of the population opts for renting, reflecting a balanced housing economy.

Is Cleveland, OH a good place to live?

Cleveland prides itself on a rich cultural scene, underscored by its world-renowned orchestra and a vibrant arts district. The community's character is further enhanced by annual events like the Cleveland International Film Festival, which draws audiences from all over. The city's lakefront location contributes to its unique charm, offering residents and visitors picturesque views and recreational activities.

Are things conveniently located in Cleveland, OH?

The city is well-equipped with essential services, including a network of public and private schools that cater to a range of educational needs. Cleveland is also home to top-rated healthcare facilities known for their specialized care and research contributions. The public library system is extensive, providing residents with access to a wealth of resources. Retail and dining options are plentiful, reflecting the city's diverse cultural heritage and culinary scene.

What does the transportation in Cleveland, OH look like?

Cleveland's transportation infrastructure supports a variety of transit options. The public transit system includes buses with regular schedules, connecting different neighborhoods efficiently. The city is also bike-friendly, with dedicated lanes and trails. Major highways facilitate travel in and out of the city, and ongoing projects aim to improve the efficiency and accessibility of the transportation network.

Rocket Homes›Ohio›Cuyahoga County›Cleveland›44102›3197 W 98th St

This home is located at 3197 W 98th St in Cleveland, OH and zip code 44102. This 3,022 square foot home, which was built in 1906, sits on a 0.11 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $225,000.

In August 2024 more than 295 listings in Cleveland, OH were sold above the asking price. During the same period more than 99 listings were sold at asking price, while more than 330 were sold below. Between July 2024 and August 2024, Cleveland, OH real estate market has seen increase in the number of listings by 1.5%. The median list price of listings available in August 2024 was $161,606, while the average time on the real estate market was 32 days.

From Rocket Homes Real Estate and based on county public records data.

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