3464 E 116th Street
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$250,000

3464 E 116th Street
Cleveland, OH 44120
Listed by Eric Tepfenhart · JMG Ohio
Bedrooms
8
Bathrooms
4
Living area
3,843 sqft
Year built
1920

About this home

Excellent investment opportunity! This well-maintained four-unit property has all the major capital improvements already completed, making it a true turnkey addition to any investment portfolio. The property has been thoughtfully updated and is ready for its next owner to start generating income from day one. With the big-ticket items already taken care of, investors can focus on maximizing returns instead of tackling costly repairs. Whether you're expanding your rental portfolio or looking for a solid income-producing asset, this updated quadruplex is one you won't want to miss. Schedule your showing today!

Property details

MLS #
5225516
Property type
Quadruplex
Subdivision
Highland Park
Status
Active
Days on market
27
On market date
July 14, 2026
Stories
2
Garage spaces
N/A
Lot size
0.1377 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Nathan Hale School
0.37 mi away · Grades -1-8
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
434
Student:teacher ratio
15.0:1
District
Cleveland Municipal
Middle
Woodbury Elementary School
1.75 mi away · Grades 4-6
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
651
Student:teacher ratio
13.9:1
District
Shaker Heights City
High
John Adams College & Career Academy
0.69 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
$1,656/mo
$50,000 down
$200,000 loan
Principal & interest$1,297
Property tax (est.)$208
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 16 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.