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Occupied Duplex Near MetroHealth
For Sale
$131,000

3224 W 32nd Street, Cleveland, OH 44109

Two residential units include a three-bedroom layout and a separate two-bedroom apartment with forced-air heating.

Property SizeContact for details
Days on Market133

Property Features for 3224 W 32nd Street

General Information

Standard status Active
Property subtype Duplex
Occupancy 100%

Units

Unit Mix 3BR/1BA, 2BR/1BA
Multifamily Units 2

Additional Details

Gross Income $19,800

Amenities

Forced Air
Asphalt, Fiberglass

Building Details

Year Built 1880
Listing Agency: KW Living
Listed By: Michael Magno · License #2016003542
Source: Kw
Added: May 3 Changed: Sep 10 Last Checked: Sep 11 at 2:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Living

Investment Insights

Based on property information with market context.

This two-unit residential property at 3224 W 32nd Street in Cleveland includes one three-bedroom, one-bath apartment and one two-bedroom, one-bath apartment. Both units are occupied, and the building is equipped with forced-air heating. Exterior materials include asphalt and fiberglass, with original construction dating to 1880.

The property is positioned four blocks from MetroHealth Medical Center in Cleveland’s Clark-Fulton neighborhood. Its established duplex configuration and distinct unit layouts provide a straightforward residential income asset with existing occupancy.

Key Highlights

  • Fully occupied duplex at 3224 W 32nd Street, Cleveland, OH 44109
  • Unit mix includes 3 bed / 1 bath and 2 bed / 1 bath apartments
  • Four blocks from MetroHealth Medical Center

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Accounting Firm (Bike/Boat/Book/etc) Store Electrical Service Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,433
Businesses Nearby

Demographics for 44109, OH

39,121
Population
19,588
Households
2
Avg Household Size
36
Median Age
17%
College-Educated
81%
High-School Grad
7.1 sq mi
ZIP Area
5,510
Density / Sq Mi
$43,130
Median Household Income
$34,050
Median Earnings
$861
Median Rent
$112,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units include a three-bedroom layout and a separate two-bedroom apartment with forced-air heating.
Where is this duplex located?
The property is located at 3224 W 32nd Street Cleveland, OH.
What is the asking price?
The asking price for this property is $131,000.
What are key features of this property?
This property features: Fully occupied duplex at 3224 W 32nd Street, Cleveland, OH 44109; Unit mix includes 3 bed / 1 bath and 2 bed / 1 bath apartments; Four blocks from MetroHealth Medical Center
More about this property
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