3340 West 98th Street

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

9.22% cap rate great cash flowing fully occupied 7 property multi-family portfolio with all properties extremely well maintained located on the west side of Cleveland totaling $14,379/month ($172,548/year) in rent and net operating income of $124,791.60 annually. These properties can be sold all together for $1,354,000 or can be sold in smaller packages. Property addresses included in the portfolio and smaller packages are; 1299 W. 89th St. Cleveland, 3441 W. 95th St. Cleveland, 3069 W 105th St....9.22% cap rate great cash flowing fully occupied 7 property multi-family portfolio with all properties extremely well maintained located on the west side of Cleveland totaling $14,379/month ($172,548/year) in rent and net operating income of $124,791.60 annually. These properties can be sold all together for $1,354,000 or can be sold in smaller packages. Property addresses included in the portfolio and smaller packages are; 1299 W. 89th St. Cleveland, 3441 W. 95th St. Cleveland, 3069 W 105th St. Cleveland sold together for $580,000. 3340 W. 98th St. Cleveland, 3282 W. 94th St. Cleveland sold together for $380,000. 4392 W. 47th St. Cleveland, 3896 W. 21st St. Cleveland sold together for $394,000. The sellers may consider other bundled options as well. Contact us today to request a list of financials, rent roll and individual property details/pictures for more information.
  1. Listed by Jesse R Kracht • Russell Real Estate Services
    P: (440)-212-5656 C: (440)-212-5656 jessek.cst@gmail.com

Property Details for 3340 West 98th Street

Subdivision Name
Applewood
Has Waterfront
No
LISTING UPDATED: 05/27/2026 08:23 PM

Property Details for 3340 West 98th Street

StatusClosed
MLS #5198856
Days on Market53
Taxes$2,430 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1916
Lot Size0.15 AC / 6,359 SF
CountyCuyahoga County

Location

Listing Courtesy of Russell Real Estate Services

Sold By Keller Williams Greater Metropolitan

Add your commute

Building Information for 3340 West 98th Street

Stories2Residences-Year Built1916Building Size-Lot Size0.15 AC / 6,359 SF

Payment Calculator

$1,033 per month

30 year fixed, 6.36% Interest

Principal and Interest

$830

Property Taxes

$203

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 3340 West 98th Street

Summary
Location and General Information
  • Directions: Denison to W98th St
  • Latitude: 41.462935
  • Longitude: -81.751487
  • Township: Cleveland
Taxes and HOA
  • Parcel Number: 017-19-032
  • Tax Annual Amount: $2,430.00
  • Tax Legal Description: 14 APPLEWD 0031 ALL
  • Tax Year: 2025
School Information
  • Elementary School District: Cleveland Municipal - 1809
  • High School District: Cleveland Municipal - 1809
  • Middle or Junior School District: Cleveland Municipal - 1809
Parking
  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached, Garage
Property
Lot Information
  • Lot Size Acres: 0.146
  • Lot Size Area: 0.146
  • Lot Size Source: Public Records
  • Lot Size Units: Acres
Property and Assessments
  • Living Area: 0.0
  • Living Area Units: Square Feet
  • Year Built: 1916
  • Year Built Source: Public Records
Building Features
  • Construction Materials: Asbestos
  • Levels: Two
  • Number of Buildings: 1
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Basement: Unfinished
  • Has Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Total Bathrooms Integer: 2
  • Total Bedrooms: 6
  • Cooling: Wall Window Units
  • Has Cooling: Yes
  • Heating: Forced Air
  • Has Heating: Yes
  • Laundry Features: In Basement
  • Main Level Bathrooms: 0
  • Total Rooms: 12
Exterior Features
  • Private Pool: No
  • Roof: Asbestos Shingle
  • Stories: 2
Multi Family
Income & Expenses
  • Gross Income: $2,233.00
Unit Information
Unit 1
  • Actual Rent: $900.00
  • Area: 1171.0
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Description: 2nd floor unit
  • Leased: Yes
  • Lease Expires: 07-30-2026 08:00:00 PM
  • Occupant Type: Occupied
  • Type: Three Bedroom
Unit 2
  • Actual Rent: $1,285.00
  • Area: 1171.0
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Description: 1st floor unit
  • Leased: Yes
  • Lease Expires: 07-30-2026 08:00:00 PM
  • Occupant Type: Occupied
  • Type: Three Bedroom
Rental
Rent Information
  • Owner Pays: Sewer, Water
  • Tenant Pays: Cable Tv, Electricity, Exterior Maintenance, Gas, Internet, Snow Removal, Trash Collection, Telephone

Property History for 3340 West 98th Street

DateEvent & SourcePriceAppreciation
May 27, 2026

Sold

MLS Now #5198856

$166,571
May 26, 2026

Contract Signed

MLS Now #5198856

Apr 19, 2026

Contract Out

MLS Now #5198856

DateEvent & SourcePrice
05/27/2026

Sold

MLS Now #5198856

$166,571
05/26/2026

Contract Signed

MLS Now #5198856

04/19/2026

Contract Out

MLS Now #5198856

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 3340 West 98th Street

Taxable ValueLand$4,970Additions$26,530Total$31,500
Tax Record2021$2,405 ($200 / month)
Home Facts
Baths2Total Finished SqFt2,342 SqFtAbove Grade Finished SqFt2,342 SqFtUnfinished Basement SqFt1,144 SqFtStories2Lot Size6,360 SqFtStyleDuplexYear Built1916Year Renovated1952Zoning2FCountyCUYAHOGAAPN017-19-032

Schools near 3340 West 98th Street

This home is within Cleveland Metropolitan School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - PK to 8
Rating
School
Distance
Almira PreK-8 Academy
PublicPK to 8

Max S Hayes High School
Public9 to 12

Wilbur Wright School
PublicPK to 8

The Halle School of Inquiry
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Russell Real Estate Services

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 Compass and its related brokerages, are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Compass and its related brokerages, does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2026 - Multiple Listing Service, Inc. – All Rights Reserved.