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$219,900
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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.
Full Property Details
Full Property Details for 3318 Montclair Ave
General
- Price: $219,900
- Taxes: $2,929 (2025)
- Status: Active
- Type: Triplex
- Source: 505
- MLS ID: 5227821
- Updated: 7/24/2026
- Added to Site: 7 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Driveway, Detached, Garage, Paved
Location
- County: Cuyahoga
- Township: Cleveland
- Driving Directions: East Off State Rd.
- Direction Faces: South
School Information
- Elem School District: Cleveland Municipal - 1809
- Midd School District: Cleveland Municipal - 1809
- High School District: Cleveland Municipal - 1809
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: Asphalt, Fiberglass
- Square Feet: 2,764
- Living Area: 2,764 Sq. Ft.
- Finished Above Grnd: 2,764 Sq. Ft.
- Year Built: 1910
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.11
- Lot Size: .11
- Lot Size Source: Public Records
- Fencing (Description): Full
Financial Considerations
- Tax Amount: $2,929
- Tax Year: 2025
Disclosures and Reports
- Legal Description: 63 SEARS 0184 ALL
- Disclosures/Rstr.: Principal is Real Estate Licensed
- Property ID: 014-20-198
Listed by Real of Ohio, Rich Ganim
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Schools
Schools serving 3318 Montclair Ave
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Charles A Mooney School 3213 Montclair Avenue, Cleveland, OH 44109 | PK-8 | 0.1 mi |
Benjamin Franklin 1905 Spring Road, Cleveland, OH 44109 | PK-8 | 0.6 mi |
William C Bryant Elementary School 3121 Oak Park Avenue, Cleveland, OH 44109 | PK-8 | 0.7 mi |
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 4.5 mi |
Rhodes Schools of Environmental Studies 5100 Biddulph Avenue, Cleveland, OH 44144 | 9-12 | 0.9 mi |
Lincoln West School Of Global Studies 3202 West 30th Street, Cleveland, OH 44109 | 9-12 | 2.1 mi |
Bard Early College Cleveland 13501 Terminal Avenue, Cleveland, OH 44135 | 9-12 | 4.1 mi |
Rhodes College and Career Academy 5100 Biddulph Avenue, Cleveland, OH 44144 | 9-12 | 0.9 mi |
William Rainey Harper 5515 Ira Avenue, Cleveland, OH 44144 | PK-3 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3318 Montclair Ave
Date
Details
Price
Change
Source
7/24/2026
Listed
$219,900
129.06%
MLS
6/05/2019
Sold
$96,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3318 Montclair Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,929
—
$43,785
—
2024
$2,928
12%
$43,790
30%
2023
$2,606
1%
$33,610
—
2022
$2,591
1%
$33,610
—
2021
$2,567
24%
$33,600
44%
2020
$2,062
8%
$23,350
—
2019
$1,910
2%
$23,350
—
2018
$1,877
4%
$23,350
8%
2017
$1,806
1%
$21,670
—
2016
$1,792
—
$21,670
—
2015
$1,791
-10%
$21,670
-10%
2014
$1,987
—
$24,080
—
2013
$1,994
—
$24,080
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3318 Montclair Ave
3318 Montclair Avenue, Loveland, OH 44109 (MLS# 5227821) is a Triplex property with 4 bedrooms and 3 full bathrooms. 3318 Montclair Avenue is currently listed for $219,900 and was received on July 24, 2026. Want to learn more about 3318 Montclair Avenue? Do you have questions about finding other Triplex real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

