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For Sale Quadruplex

2829 116th Street, Cleveland, OH

2829 116th Street, Cleveland, OH, 44120
$279,000

Property Details

8 Bedrooms
4 Bathrooms
Quadruplex

Description

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.

Property Information

Address 2829 116th Street
City Cleveland
State OH
Zip Code 44120
Price $279,000
Property Type Residential Income
Listing Type Quadruplex
Bedrooms 8
Bathrooms 4

Location

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