Triplex at 3038 E 116th Street, Cleveland
Triplex at 3038 E 116th Street, Cleveland, photo 2 of 14
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14 photos

$190,000

3038 E 116th Street
Cleveland, OH 44120
Listed by Midge Maguire · Keller Williams Greater Metropolitan
Bedrooms
4
Bathrooms
2
Living area
N/A
Year built
1914

About this home

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.

Property details

MLS #
5221392
Property type
Triplex
Subdivision
Continental
Status
Active
Days on market
9
On market date
July 1, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.0964 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

ElementaryCharter
Wings Academy 1
0.45 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
161
Student:teacher ratio
14.6:1
District
Wings Academy 1
Middle
Roxboro Middle School
1.43 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
581
Student:teacher ratio
11.9:1
District
Cleveland Heights-University Heights City
High
John Adams College & Career Academy
1.49 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

Mortgage calculator

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Est. monthly payment
$1,294/mo
$38,000 down
$152,000 loan
Principal & interest$986
Property tax (est.)$158
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 12 days 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.