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$1,399,000
New Listing

3240 W 98th Street
Cleveland, OH 44102

For Sale|Apartment|Active
0
Beds
0
Total Baths
15,607
SqFt
$90
/SqFt
1928
Built
County:
Cuyahoga
Call Now: 440-617-2500
Is this the listing for you? We can help make it yours.
440-617-2500
3240 W 98th Street3240 W 98th Street3240 W 98th Street3240 W 98th Street
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Summary: All Brick - 2 story low rise boasts: 17) unit with 5) main street level retail units with high visibility and 12) residential and 5) Retail. Mix: 4) 2 bed/1bath, 7) 1 Bed/1 bath, 1) studio/1 bath and 5) retail This offering presents a compelling investment opportunity in a mixed-use asset located minutes to Cleveland's downtown. The property comprises 12 well-maintained apartment units and 5 ground-floor retail shops, complemented by a private parking lot at the rear. Highlights: - CAP rate operates at 7.1% "As Is", with proforma at 8.9% small adjustments needed to be implemented. - Great occupancy history. _ Currently professionally managed would stay on. - - Common area renovations included all common area, halls and entries newly painted, all new LED house lighting added for energy saving.

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Listing Snapshot
Price 
$1,399,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
15,607 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.24 Acres
Year Built 
1928
MLS® Number 
5186026
Status 
Active
Property Tax 
$28,487
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
4 hours agoListing first seen on site
9 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.24
Additional Property Use 
Multi-Family
Levels 
Two
Number Of Stories 
2
Parking 
AssignedDrivewayOutsidePavedParking Lot
Parking Spaces 
12
Property Sub Type 
Apartment
Security 
Security System
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
15607
Water Source 
Public
Zoning 
Commercial
Interior Features
Basement 
ApartmentFullFinishedConcreteSump PumpStorage SpaceWalk-Up Access
Heating 
Heat PumpHot WaterRadiantSteam
Laundry Features 
Common Area
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Exterior Features
Roof 
AsphaltFiberglassRubber
Community Features
Financing Terms Available 
CashConventional
School District 
Cleveland Municipal - 1809
Township 
Cleveland
Schools
School District
Cleveland Municipal - 1809
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of James P Matheos of Keller Williams Citywide



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than 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. Information Deemed Reliable But Not Guaranteed. Copyright 2026 - Multiple Listing Service, Inc. – All Rights Reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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