Updated Triplex With Three
For Sale
$190,000
Pending
3038 East 116th Street, Cleveland, OH 44104
Recent improvements include new siding, refreshed interiors, updated mechanical systems, and a newer roof.
Property SizeContact for details
Days on Market42
Property Features for 3038 East 116th Street
General Information
Standard status
Pending
Property subtype
Residential Income / Triplex
Taxes and HOA fees
Annual Taxes
$691
Amenities
Forced Air
Unfinished
No
Yes
10
2
4
Asphalt, Fiberglass
Building Details
Year Built
1914
Buildings
1
Listing Agency:
Keller Williams Greater Metropolitan
(714) 402-5560
Listed By:
Midge Maguire · License #2023004311
(714) 402-5560
Source:
Compass
Added: Jul 1
Changed: Aug 8
Last Checked: Aug 11 at 12:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Greater Metropolitan
Investment Insights
Based on property information with market context.
Built in 1914, this triplex has received a series of property-wide improvements, including brand-new vinyl siding, a newer roof, updated mechanical systems, vinyl plank flooring, and fresh interior paint. The units are prepared for occupancy, with a mix of two-bedroom and one-bedroom layouts.
The lower front 2-bedroom unit is leased with 100% CMHA support. The rear 1-bedroom unit is vacant, has an RFTA submitted, and is awaiting a rent offer. The upper front 2-bedroom unit is vacant and ready for immediate occupancy. The property also includes forced-air heating and unfinished space.
The lower front 2-bedroom unit is leased with 100% CMHA support. The rear 1-bedroom unit is vacant, has an RFTA submitted, and is awaiting a rent offer. The upper front 2-bedroom unit is vacant and ready for immediate occupancy. The property also includes forced-air heating and unfinished space.
Key Highlights
- Triplex built in 1914
- Brand‑new vinyl siding and newer roof
- Updated mechanical systems, vinyl plank flooring, and fresh interior paint
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
857
Businesses Nearby
Explore this area
Business Placement
Demographics for 44104, OH
20,202
Population
9,851
Households
2.1
Avg Household Size
31
Median Age
10%
College-Educated
81%
High-School Grad
4.7 sq mi
ZIP Area
4,298
Density / Sq Mi
$24,009
Median Household Income
$25,679
Median Earnings
$654
Median Rent
$60,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Recent improvements include new siding, refreshed interiors, updated mechanical systems, and a newer roof.
Where is this triplex located?
The property is located at 3038 East 116th Street Cleveland, OH.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Triplex built in 1914; Brand‑new vinyl siding and newer roof; Updated mechanical systems, vinyl plank flooring, and fresh interior paint
