3318 Montclair Avenue
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$219,900

3318 Montclair Avenue
Cleveland, OH 44109
Listed by Rich Ganim · Real of Ohio
Bedrooms
4
Bathrooms
3
Living area
2,764 sqft
Year built
1910

About this home

Opportunity, flexibility, and immediate income all come together in this well-maintained duplex is currently operating as a three-unit investment. Configured with two spacious 2-bedroom, 1-bath units on the first and second floors, plus an efficiency-style 1-bedroom, 1-bath suite on the third level, this is the kind of asset that starts working for you from day one. From the moment you arrive, the classic front porch sets the tone, offering timeless curb appeal and a welcoming place to unwind. The home's traditional architecture has the character that tenants appreciate, while the generous layout provides multiple income streams under one roof. Inside, each unit offers functional living spaces with practical floor plans designed for comfortable everyday living. Hardwood flooring, updated paint, refreshed kitchens, and renovated baths create an appealing blend of classic charm and modern convenience. The third-floor efficiency makes excellent use of the upper level with its own kitchen, bath, and living space, creating another income-producing opportunity. The basement provides dedicated utility and storage space, while separate electrical service supports efficient property management. Located on Cleveland's west side, this property offers convenient access to shopping, restaurants, parks, public transportation, and major commuter routes, making it an attractive location for tenants seeking easy access to downtown, MetroHealth, and many of the city's employment centers. Whether you're expanding your portfolio, completing a 1031 exchange, or purchasing your first multifamily investment, this property offers the rare combination of immediate cash flow and future upside. With three income-producing units operating within one building, classic character, off-street parking, a detached garage, and strong rental potential, this is an investment designed to deliver value today while offering room to grow tomorrow.

Property details

MLS #
5227821
Property type
Triplex
Subdivision
N/A
Status
Active
Days on market
1
On market date
July 24, 2026
Stories
N/A
Garage spaces
2
Lot size
0.11 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

ElementaryCharter
Constellation Schools: Old Brooklyn Community Elementary
0.14 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
Not yet rated
Local Score not yet available for this school
Enrollment
256
District
Constellation Schools: Old Brooklyn Community Elementary
MiddleCharter
Constellation Schools: Old Brooklyn Community Middle
0.15 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
245
Student:teacher ratio
24.5:1
District
Constellation Schools: Old Brooklyn Community Middle
High
Facing History High School@Charles Mooney
0.07 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
205
Student:teacher ratio
12.8:1
District
Cleveland Municipal

Mortgage calculator

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Est. monthly payment
$1,474/mo
$43,980 down
$175,920 loan
Principal & interest$1,141
Property tax (est.)$183
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated July 25, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.