Updated Four-Unit
For Sale
$270,000
3464 E 116th St, Cleveland, OH 44120
Residential income property with completed major capital improvements and four units ready for continued rental use.
Property Size3,843 SF
Price / SF$70.26
Days on Market48
Property Features for 3464 E 116th St
General Information
Standard status
Active
Size
3,843 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$1,977
Listing Agency:
JMG Ohio
(440) 465-5457
Listed By:
Eric Tepfenhart
(440) 465-5457
Source:
Exprealty
Added: Jul 14
Changed: Aug 21
Last Checked: Aug 29 at 1:30PM
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 JMG Ohio
Investment Insights
Based on property information with market context.
This 3,843-square-foot quadplex contains four residential units and has been updated with major capital improvements completed. The property is positioned as a rental asset with the principal improvements already addressed, supporting continued operation without the need for the same scope of capital work described in the listing remarks.
The property is located at 3464 E 116th St in Cleveland, Ohio. Its four-unit configuration provides a defined multifamily format within a single residential income property.
The property is located at 3464 E 116th St in Cleveland, Ohio. Its four-unit configuration provides a defined multifamily format within a single residential income property.
Key Highlights
- Four‑unit quadplex configuration
- 3,843 square feet
- Major capital improvements completed
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
290
Businesses Nearby
Explore this area
Business Placement
Demographics for 44120, OH
34,611
Population
20,583
Households
1.7
Avg Household Size
40
Median Age
37%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
6,656
Density / Sq Mi
$46,326
Median Household Income
$36,549
Median Earnings
$890
Median Rent
$115,700
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?
Quadplex - Residential income property with completed major capital improvements and four units ready for continued rental use.
Where is this quadplex located?
The property is located at 3464 E 116th St Cleveland, OH.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Four‑unit quadplex configuration; 3,843 square feet; Major capital improvements completed
