SingleFamilyResidence at 4246 E 116th Street, Cleveland
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$105,000

4246 E 116th Street
Cleveland, OH 44105
Listed by Adrian Frederick · Coldwell Banker Schmidt Realty
Bedrooms
3
Bathrooms
1.5
Living area
N/A
Year built
1890

About this home

NEW REDUCED PRICE! ATTENTION INVESTORS & HOME BUYERS — AFFORDABLE, UPDATED & MOVE-IN READY! Immediate occupancy available! Whether you're looking for an affordable place to call home or an excellent addition to your investment portfolio, this spacious and nicely updated 3-bedroom, 1.5-bath Colonial offers outstanding value and opportunity at an attractive price! Step inside to discover an inviting floor plan featuring durable luxury vinyl plank (LVP) flooring throughout the main level, abundant natural light, and a beautifully refreshed kitchen with tasteful modern updates. Upstairs, you'll find three comfortable bedrooms offering plenty of space and flexibility. Enjoy added peace of mind with several important improvements already completed, including energy-efficient vinyl windows, updated PEX plumbing, and a newer hot water tank (2022). These practical updates make this home an appealing option for buyers seeking affordability and investors looking to minimize upfront improvements and long-term maintenance expenses. Outside, the property features a welcoming covered front porch, a spacious yard, and a 2-car garage providing valuable parking and additional storage space. INVESTORS: Take advantage of an opportunity to add an updated property to your rental portfolio with immediate income-producing potential once leased. HOME BUYERS: Why continue renting when you could own an affordable home with many of the important updates already completed? With immediate occupancy, desirable improvements, a functional layout, and a newly reduced price, this property offers exceptional potential for homeowners and investors alike. Schedule your private showing today! No wholesalers or contract assignments permitted. Property is part of a larger investment portfolio and may be purchased individually or as part of a bulk portfolio purchase.

Property details

MLS
NOWDD
MLS #
5255943
Property type
SingleFamilyResidence
Subdivision
Hills & Frisbies 02 Miles
Status
Active
Days on market
N/A
On market date
October 25, 2026
Stories
N/A
Total bathrooms
1.5
Garage spaces
2
Parking spaces
N/A
Lot size
0.1148 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

ElementaryCharter
Harvard Avenue Performance Academy
0.38 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
300
Student:teacher ratio
16.7:1
District
Harvard Avenue Performance Academy
Middle
Cuyahoga Hts Middle School
2.36 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
176
Student:teacher ratio
17.6:1
District
Cuyahoga Heights Local
High
John Adams College & Career Academy
0.74 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
486
Student:teacher ratio
16.2:1
District
Cleveland Municipal

Walkability

Blended score for Cleveland's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

73
Walkable
out of 100
EPA National Walkability Index
11.5 / 20 -- Above average walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores9
Parks7
Schools9
Transit stops20
Pharmacies1

Market position

How this listing compares to current activity in Cleveland, from live MLS data.

On the market 0 days -- 50 fewer days than Cleveland's current average of 50 days.
For reference, the median list price across 2,520 active listings in Cleveland right now is $130,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$782/mo
$21,000 down
$84,000 loan
Principal & interest$545
Property tax (est.)$88
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 23 hr ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.