3049 E 116th Street Cleveland, OH $ 49,999
3049 E 116th Street
$ 49,999
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3049 E 116th Street

Cleveland, OH, 44120
$ 49,999
Bedrooms4 Baths2.0 Sq 2,242

Monthly Estimate*

$ 316

3049 E 116th Street, Cleveland, OH 44120 - Image 1
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3049 E 116th Street, Cleveland, OH 44120 - Image 8
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Multi-Family Home for sale in Cleveland, OH

for $49,999 with 4 bedrooms and 2 full baths. This 2,242 square foot home was built in 1918 on a lot size of 0.1194.

Investor Special! Excellent opportunity to renovate and add value to this spacious duplex located on Cleveland’s east side. Offering approximately 2,242 square feet, this property is ideal for investors, contractors, or owner-occupants looking to build equity. The property requires renovations and is being sold AS IS, presenting the next owner with the opportunity to customize and maximize its potential. Strong rental demand and multiple exit strategies make this an attractive value-add investment whether your plan is to renovate and hold, flip, or add to your rental portfolio.Conveniently located near shopping, public transportation, schools, and major highways. Bring your vision and unlock the potential this property has to offer.

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Multi-Family Active

Price

$ 49,999

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,215

Style

Lot Size

0.1194

Year Built

1918

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

5227200

Features
General
Sewer Public Sewer
Heating Forced Air Gas
Cooling Ceiling Fan(s)
Possession Delivery Of Deed
Roof Asphalt
Construction Materials Wood Siding
Year Built 1918
Stories Count 2
Township Cleveland
Levels Two
Property Subtype Duplex
Tax Year 2025
County Cuyahoga
Property Type Residential Income
Attached Garage false
Subdivision Name Rice Ave Allotment/Procaska
Garage Y/N false
Total Rooms 9
Full Baths 2
Status Active
Directions From Buckeye Rd head north on E. 116th St. Property is located on the west side of the street.
City Cleveland
Disclosures Principal is Real Estate Licensed
High School District Cleveland Municipal - 1809
Lot Size Units Acres
Carport Y/N false
Tax Annual Amount 1215
Home Warranty Y/N false
Property Condition Fixer
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 Duplex
Legal Description 436 P&K 0067 ALL
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Interior
Basement Unfinished
Total Stories 2
Basement (Y/N) true
Heating Y/N true
Above Grade Finished Area 2242
Half Baths 0
Total Bedrooms 4
Below Grade Finished Area 1104
Main Level Bathrooms 0
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Total Baths 2
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Exterior
Parking Features None
Water Source Public
Lot Size Area 0.1194
Number of Buildings 1
Lot Size Acres 0.1194
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded Features
List By
Ryan Walsh

Listing Agent

B2b Realty

Broker

ryan@b2brealty.com

Email

Affordability Calculator

$417
Per Month
76%
24%
0%
Monthly Principal & Interest
$316
Monthly Property Taxes
$101
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/17/2026$49,999 Listed Price

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3049 E 116th Street, Cleveland, OH, 44120 is a Multi-Family Home for sale at $49,999 with 2,242 sqft and a lot size of 0.1194. 3049 E 116th Street has 4 bedrooms, 2.0 baths, and was built in 1918. The property's zip code is 44120 which is in Cleveland, OH