2829 E 116th Street Cleveland, OH $ 279,000
2829 E 116th Street
$ 279,000
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2829 E 116th Street

Cleveland, OH, 44120
$ 279,000
Bedrooms8 Baths4.0

Monthly Estimate*

$ 1,718

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Multi-Family Home for sale in Cleveland, OH

for $279,000 with 8 bedrooms and 4 full baths. This home was built in 1920 on a lot size of 0.1102.

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 choose assets to fit their investment strategy.

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Multi-Family Active

Price

$ 279,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,312

Style

Lot Size

0.1102

Year Built

1920

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

5201392

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling None
Possession Negotiable
Roof Asphalt
Construction Materials Vinyl Siding
Year Built 1920
Tenant Pays Gas
Stories Count 2
Township Cleveland
Levels Two
Property Subtype Quadruplex
Tax Year 2025
County Cuyahoga
Property Type Residential Income
Attached Garage false
Garage Y/N false
Full Baths 4
Status Active
Directions E 116th St
City Cleveland
High School District Cleveland Municipal - 1809
Lot Size Units Acres
Carport Y/N false
Tax Annual Amount 5312
Home Warranty Y/N false
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Year Built Source Public Records
Property Sub Type Additional Quadruplex
Legal Description 428 SP 505 FT S OF WILLIAMS AVE 0013
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Interior
Basement Full Unfinished
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Half Baths 0
Total Bedrooms 8
Main Level Bathrooms 0
Total Baths 4
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Exterior
Parking Features Driveway
Water Source Public
Lot Size Area 0.1102
Number of Buildings 1
Lot Size Acres 0.1102
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded Features
List By
Kim Lewis

Listing Agent

Home Equity Realty Group

Broker

kim.lewis@heqrealty.com

Email

Affordability Calculator

$2,161
Per Month
80%
20%
0%
Monthly Principal & Interest
$1,718
Monthly Property Taxes
$443
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4457981 Elementary School
4457986 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/15/2026$279,000 Listed Price

Map


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2829 E 116th Street, Cleveland, OH, 44120 is a Multi-Family Home for sale at $279,000 with a lot size of 0.1102. 2829 E 116th Street has 8 bedrooms, 4.0 baths, and was built in 1920. The property's zip code is 44120 which is in Cleveland, OH