Under Contract

2829 E 116th Street

Cleveland, OH 44120

$279,000 $1,176/Mo

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Overview

Bed

Bath

0.11

Acre(Lot)

Description

Turnkey 4-unit investment opportunity in Cleveland featuring all 2-bedroom, 1-bathroom units, offering strong rental potential and flexibility for investors. Two units are currently occupied at $950/month with leases in place through December 2026 and March 2027, providing stable income, while the remaining two units offer upside through lease-up or rent increases. Tenants pay for gas, with the owner covering electric and water. The property has been well maintained with numerous capital improvements, making it a solid, low-maintenance addition to any investment portfolio in a strong rental market. Seller also owns multiple properties throughout Cleveland, Lorain, and Akron and is willing to sell properties individually or as packaged portfolios, giving buyers the flexibility to pick and c hoose assets to fit their investment strategy.

Property Details

Property Type : Residential Income

Price : $279,000

AD Id : 77513887

MLS Id : 5201392

Beds : 8

Lot Size : 0.11 Acre

Year Built : 1920

County : Cuyahoga

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 8

Bathroom Information

Total Baths: 4 Full Baths: 4

Room Information

Has Basement: Yes Basement: Full, Unfinished
Roofing Information

Asphalt
Interior Features

Roof: Asphalt
Heating & Cooling

Has Heating: Yes Heating: Forced Air Cooling: None

Building Information

Year Built: 1920 Construction Materials: Vinyl Siding Stories: 2 Private Pool: No

Lot Information

Main Square Feet: 0.1102 Acres Lot Size Acres: 0.1102 Lot Size Source: Assessor

Listing Price Information

Listing Price: $279000

Tax Information

Parcel Number: 129-14-013 Tax Year: 2025 Annual Tax: $5312 Tax Legal Desc: 428 SP 505 FT S OF WILLIAMS AVE 0013

Parking Information

Driveway

Location Information

Direction: E 116th St WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
3659 Chelton Road, Shaker Heights, OH, 44120	$120,000	4	2	--
3645 E 153rd Street, Cleveland, OH, 44120	$155,000	4	2	2,264	2,264 SqFt
3661 E 146th Street, Cleveland, OH, 44120	$115,900	4	2	3,012	3,012 SqFt
14702 Milverton Road, Cleveland, OH, 44120	$258,500	5	2	2,144	2,144 SqFt
3358 E 145th Street, Cleveland, OH, 44120	$130,000	4	2	2,412	2,412 SqFt
3455 E 142nd Street, Cleveland, OH, 44120	$120,000	7	3	2,934	2,934 SqFt
3459 E 140 Street, Cleveland, OH, 44120	$160,000	8	10	4,146	4,146 SqFt
3423 E 140th Street, Cleveland, OH, 44120	$239,900	8	4	6,219	6,219 SqFt
3438 E 140th Street, Cleveland, OH, 44120	$270,000	8	4	6,219	6,219 SqFt
13509 Svec Avenue, Cleveland, OH, 44120	$132,000	6	2	--

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed.

ByOwner last updated this listing 06/06/2026 @ 19:53

MLS: 5201392 LISTED BY: Kim Lewis, Home Equity Realty Group 330-952-2244 SOURCE: MLS Now