About This Home

This 4-bedroom, 2-bathroom multi-family at 3038 E 116th Street in Cleveland, OH is listed for $190,000. Built in 1914, on a 0.10 acres lot.

Key Features

  • Built in 1914
  • 0.10 acre lot
  • 3 stories

Property Details

3 stories
3 full
1914
Listing Description

Turnkey triplex with excellent income potential! Features brand-new vinyl siding, newer roof, updated mechanicals, new vinyl plank flooring, fresh interior paint, and rent-ready units. The front down 2-bedroom unit is leased for $1,246/month with 100% CMHA. The vacant rear 1-bedroom unit has an RFTA submitted and is awaiting a rent offer, while the vacant front upper 2-bedroom unit is ready for immediate occupancy. A great opportunity to add a low-maintenance investment property to your portfolio.

Monthly Cost Estimate

$1,016/mo

20% down · 6.5% · 30 years

Principal$137
Interest$823
Insurance$55

Estimates only. Actual payments may vary.

Location

3038 E 116th Street

Cleveland, OH 44120

Continental

Property Details

Construction

VinylSiding

Parking

Driveway

Heating

Forced Air

Questions & Answers

This 4-bedroom, 2-bathroom multi-family at 3038 E 116th Street is listed at $190,000. The estimated monthly payment is $1,016 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1914, 0.10 acre lot, 3 stories.

This property is listed by Midge Maguire.

MM

Midge Maguire

License 2023004311

Agent at Greater Cleveland

Listed by Greater Cleveland · Broker phone: (216) 839-5500 · View on Broker Site · Broker website

MLS# 5221392· Source: MLS Now· 118 days on PropertySimple

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3038 E 116th Street, Cleveland, OH 44120

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