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Local Realty Service Provided By: Coldwell Banker Ward Real Estate

2829 E 116th Street, 
Cleveland, OH 44120

$260,000


8

Beds


4

Baths


-

Sq Ft


Multi-Family

Sold

Listed by

Kim Lewis

, 

Charles Lewis

Bought with EXP Realty, LLC.

Home Equity Realty Group

330-952-2244

MLS#

5201392

Source:

OH NORMLS

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About This Home

2829 E 116th Street

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.

Home Facts

Multi-Family

4 Baths

8 Bedrooms

Built in 1920

Price Summary

279,000

MLS #:

5201392

Sold:

July 10, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4


Structure

Structure

Year Built:

1920


Lot

Lot Size (Sq. Ft):

4,800


Finances & Disclosures

Finances

Price:

$279,000

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