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Duplex with Exterior Updates
For Sale
$199,900

3261 Scranton Rd, Cleveland, OH 44109

Two-unit residential property requiring comprehensive interior rehabilitation and offered in as-is condition.

Property SizeContact for details
Days on Market42

Property Features for 3261 Scranton Rd

General Information

Standard status Active
Property subtype Multi-Family

Property Condition

Severity Major Repairs Needed
Evidence requires a full rehabilitation

Additional Details

Multifamily Units 2

Building Details

Year Built 1890
Listing Agency: EXP Realty, LLC.
Listed By: Lovie Hogan · License #2022002197
Source: Theacclaimedrealty
Added: Jul 24 Changed: Aug 29 Last Checked: Sep 1 at 9:06PM

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 EXP Realty, LLC.

Investment Insights

Based on property information with market context.

This duplex at 3261 Scranton Road in Cleveland was built in 1890 and requires a full interior rehabilitation. The property is being offered as-is, with no repairs, updates, or concessions planned by the seller. Completed exterior work includes a new roof, hot water tank, and electrical panel, leaving the remaining renovation scope focused inside the building.

The property is situated in Tremont, near restaurants, local shops, and art galleries, with Downtown Cleveland just minutes away. Its two-unit configuration provides a defined residential layout for a buyer undertaking a substantial renovation, subject to the buyer’s evaluation of the property and applicable requirements.

Key Highlights

  • Duplex built in 1890
  • Full interior rehabilitation required
  • New roof already installed

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

2,439
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

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-unit residential property requiring comprehensive interior rehabilitation and offered in as-is condition.
Where is this duplex located?
The property is located at 3261 Scranton Rd Cleveland, OH.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Duplex built in 1890; Full interior rehabilitation required; New roof already installed
More about this property
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