3318 Montclair Avenue, Cleveland, OH 44109

Property Description

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.