Listed by James P Matheos of Keller Williams Citywide ([email protected],440-847-9033)
Located just minutes to Cleveland's downtown business district, south of Cleveland's Lakewood and Detroit Shoreway districts. This asset is conveniently located within walking distance to bus / rail, with easy access to I90 and I71 for ease of commute. This well maintained all brick 2- story low rise is located at a high visibility / high traffic count corner offering desirable pedestrian traffic for retail and bus stops right outside. for tenant transportation. This property boasts: 17) units total: 5) main level high visibility retail units, and 12) residential. Unit mix as follows: 4) 2 bed/1bath, 7) 1 Bed/1 bath, 1) studio/1 bath and 5) retail (Retail Tenants are stable, have been in place and well established). CAP rate operates at 7.0% "As Is", with proforma at 9% with small adjustments. Stable / consistent occupancy history. NOTES: - Parking: 12 spaces, with security lighting and camera system - at the rear for private / secure off street parking for tenant value add that shows up in rent! - Laundry: On site laundry is provided w/ coin op in basement. - Management: Currently professionally managed and would stay on as desired / needed. - Updates: Cosmetics reno includes - Common area renovations: fresh paint, doors, walls, halls and entries, all new LED lighting added for energy saving and contemporary / modern feel. - Boiler: Professionally scheduled and maintained, offers auto feeder and low water shut off, Techmar thermostat management.

Listing Tools

Property Details of 3240 W 98th Street

Property Details

Interior Features

Utilities and Appliances

Map Location

Based on information submitted to MLS Now as of November 3, 2026 7:58 AM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. Listing information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from Jesse Allison Team. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.