2829 E 116th Street, Loveland, OH 44120 - Photo 1

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$1,300,000 -$99,000 (-7.08%) Price Reduced

For Sale
Active
Multi-Family
1 Total Beds
Updated 2 days ago

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Property Description

** Package Deal ** This portfolio includes 8 properties totaling 18 residential units, offering a diversified mix of assets across multiple Northeast Ohio markets. The portfolio consists of 1 single-family home, 5 duplexes, 1 triplex, and 1 four-unit building, providing a balanced blend of unit types and income streams. Strategically located in Cleveland, Lorain, Elyria, and Akron, the properties benefit from strong rental demand and regional economic stability, making this an attractive opportunity for investors seeking scale, geographic diversification, and long-term cash-flow potential. Properties included in the package: 2829 E 116th St, Cleveland, OH 44120 (129-14-013), 1836-1838 E 33rd St, Lorain, OH 44055 (03-00-095-106-005), 2394 Elyria Ave, Lorain, OH 44055 (02-00-093-107-007), 119-121 Neufer Ct, Elyria, OH 44035 (06-24-126-000-008), 108 Rush St, Elyria, OH 44035 (06-24-085-104-006), 622 Middle Ave, Elyria, OH 44035 (06-26-030-000-002), 897 Avon St, Akron, OH 44310 (6828995), 1417 Marcy St, Akron, OH 44301 (6715865).

Full Property Details

Full Property Details for 2829 E 116th St

General

Price: $1,300,000
Taxes: (2025)
Status: Active
Type: Multi-Family
Source: 505
MLS ID: 5186104
Updated: 3/30/2026
Added to Site: 50 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

Bedrooms

Total Bedrooms: 1

Parking

Garage: Yes
Parking Features: Varies by Unit

Location

County: Cuyahoga
Township: Cleveland
Driving Directions: Multiple Locations

School Information

Elem School District: Cleveland Municipal - 1809
Midd School District: Cleveland Municipal - 1809
High School District: Cleveland Municipal - 1809

Heating & Cooling

Cooling Type: None
Heating Type: Forced Air

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

# Buildings: 8
Construction: Brick, Stucco, Vinyl Siding, Wood Siding
Basement: Yes
Basement Desc.: Full, Partial, Unfinished
Roof: Asphalt, Fiberglass
Stories/Levels: 2
Year Built: 1920
Year Built Source: Public Records

Lot Features

Lot Size (Acres): 1
Lot Size: 1
Lot Size Source: Appraiser

Financial Considerations

Tax Year: 2025

Disclosures and Reports

Special Conditions: Standard
Property ID: 129-14-013

Listed by Home Equity Realty Group, Kim Lewis and Home Equity Realty Group, Charles Lewis

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Listing agents

— 2829 E 116th St —

Kim Lewis

Home Equity Realty Group
Charles Lewis

Home Equity Realty Group

Charles.Lewis@HEQRealty.com, 440-539-4864

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NMLS#: 1598647

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Schools

Schools serving 2829 E 116th St

School District:Cleveland Municipal School District

Name	Grades	Distance
Harvey Rice Elementary School 2730 East 116th, Cleveland, OH 44120	PK-8	0.3 mi
Sunbeam 11731 Mount Overlook Avenue, Cleveland, OH 44120	PK-8	0.6 mi
Bolton 9803 Quebec Avenue, Cleveland, OH 44106	PK-8	1.2 mi
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111	9-12	10.1 mi
Cleveland School Of The Arts High School 2064 Stearns Road, Cleveland, OH 44106	9-12	1.4 mi
John Hay School Of Science & Medicine 2075 Stokes Boulevard, Cleveland, OH 44106	9-12	1.5 mi
John Hay School Of Architecture & Design 2075 Stokes Boulevard, Cleveland, OH 44106	9-12	1.5 mi
Nathan Hale School 3588 Martin Luther King Junior Drive, Cleveland, OH 44105	PK-8	1.5 mi
Andrew J Rickoff 3500 East 147th Street, Cleveland, OH 44120	PK-8	1.8 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2829 E 116th St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/30/2026

Price Reduced

$1,300,000

-7.08%

MLS

2/10/2026

Listed

$1,399,000

550.7%

MLS

5/10/2023

Sold

$215,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 2829 E 116th St

Year

Property Taxes

Change

Tax Assessment

Change

2024

$5,300

—

$51,350

163%

2023

$5,300

172%

$19,530

—

2022

$1,948

—

$19,530

—

2021

$1,954

$19,530

12%

2020

$1,813

$17,430

—

2019

$1,707

$17,440

—

2018

$1,652

-3%

$17,440

2017

$1,700

—

$16,870

—

2016

$1,701

—

$16,870

—

2015

$1,705

-15%

$16,870

-16%

2014

$2,006

$20,090

—

2013

$1,975

—

$20,090

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 2829 E 116th St

2829 E 116th Street, Loveland, OH 44120 (MLS# 5186104) is a Multi-Family property with units containing 1 bedroom and 1 full bathroom. 2829 E 116th Street is currently listed for $1,300,000 and was received on February 10, 2026. Want to learn more about 2829 E 116th Street? Do you have questions about finding other Multi-Family real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

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2829 E 116th St Loveland, OH 44120