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2829 E 116th Street
Cleveland, OH 44120

$279,000 - Status: Active
MLS# 5201392

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.

Property Features

MLS#: 5201392
Zip: 44120
Subdivision:
Development: Cleveland
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: None
Days on Site: 7
Heating: Forced Air
Lot Size: 0.11 acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $5,312 / year
Year Built: 1920

Feature Descriptions

Exterior: Vinyl Siding
Parcel#: 129-14-013
Parking: Driveway
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

2829 E 116th Street | MLS# 5201392

This multi-family property located at 2829 E 116th Street, Cleveland, OH 44120 is currently listed for sale with an asking price of $279,000. E 116th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.greatmoverealty.net today.

Listed By / Shown By

Listed By

Agency Name: Home Equity Realty Group
Agency Contact: charles.lewis@heqrealty.com, 440-539-4864

Shown By

Agency Title: Great Move Realty
Agency Phone: (330) 624-9605

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