Back 2829 E 116th St
Off Market

2829 E 116th St

Cleveland OH 44120

8
4
0.11 ac.
Duplex
Last sold for $260,000
Kim LewisKim Lewis, last sold this property on 10 July 2026 after 149 days on market.

Overview

Turnkey 4-unit investment opportunity in Cleveland featuring all 2-bedroom, 1-bathroom units, offering strong rental potential and flexibility for investors. Two units are currently occupied at $950/month with leases in place through December 2026 and March 2027, providing stable income, while the remaining two units offer upside through lease-up or rent increases. Tenants pay for gas, with the owner covering electric and water. The property has been well maintained with numerous capital improvements, making it a solid, low-maintenance addition to any investment portfolio in a strong rental market. Seller also owns multiple properties throughout Cleveland, Lorain, and Akron and is willing to sell properties individually or as packaged portfolios, giving buyers the flexibility to pick and choose assets to fit their investment strategy.

Features

8 bedrooms
4 bathrooms
0.11 ac. lot size
Duplex

Estimated Value

Based on this property and similar 8 bedroom duplexes sold in Cleveland over the last 12 months, the estimated median property value of 2829 E 116th St is $250k.

Median value
$250k
Estimated value range
$170k - $320k
Median days on market
19
Estimated value trend
35%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Cleveland. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2829 E 116th St

2026
Sold
$260,000
10 Jul 2026 by Kim Lewis, of Home Equity Realty Group
2023
Sold
$215,000
11 May 2023 by James Wise, of The Holton-Wise Property Group
2019
Sold
$25,000
10 Jun 2019

Happy sellers in Cleveland

92%
92% of sellers in Cleveland reported that their sale price either exceeded or met their price expectations.

Cleveland stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Cleveland over the last 12 months.

Local market activity for 8 bedroom duplexes in Cleveland

In the last 12 months, 11 eight-bedroom duplexes similar to 2829 E 116th St, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Cleveland

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent