Quadruplex at 3464 E 116th Street, Cleveland
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31 photos

$230,000

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
NOWDD
MLS #
5225516
Property type
Quadruplex
Subdivision
Highland Park
Status
Active
Days on market
59
On market date
July 14, 2026
Stories
2
Total bathrooms
4
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.1377 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.

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

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).

84
Highly walkable
out of 100
EPA National Walkability Index
15.3 / 20 -- Most walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores14
Parks8
Schools11
Transit stops20
Pharmacies1

Market position

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

On the market 59 days -- 9 more days than Cleveland's current average of 50 days.
For reference, the median list price across 2,478 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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Est. monthly payment
$1,535/mo
$46,000 down
$184,000 loan
Principal & interest$1,193
Property tax (est.)$192
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated September 11, 2026.

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.