3038 E 116th Street, Loveland, OH 44120 - Photo 1

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$190,000 Just Listed

For Sale
Active
Triplex
4 Beds
2 Full Baths
0.0964 Acres
Updated 1 hour ago

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Property Description

Turnkey triplex with excellent income potential! Features brand-new vinyl siding, newer roof, updated mechanicals, new vinyl plank flooring, fresh interior paint, and rent-ready units. The front down 2-bedroom unit is leased for $1,246/month with 100% CMHA. The vacant rear 1-bedroom unit has an RFTA submitted and is awaiting a rent offer, while the vacant front upper 2-bedroom unit is ready for immediate occupancy. A great opportunity to add a low-maintenance investment property to your portfolio.

Full Property Details

Full Property Details for 3038 E 116th St

General

Price: $190,000
Taxes: $691 (2025)
Status: Active
Type: Triplex
Source: 505
MLS ID: 5221392
Updated: Today (7/6/2026)
Added to Site: Today

Interior

Number of Rooms: 10

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Bedrooms

Total Bedrooms: 4

Parking

Parking Features: Driveway

Location

County: Cuyahoga
Township: Cleveland
Subdivision: Continental
Driving Directions: Corner lot off E 116th

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: 1
Construction: Vinyl Siding
Basement: Yes
Basement Desc.: Unfinished
Roof: Asphalt, Fiberglass
Year Built: 1914
Year Built Source: Assessor
Property Condition: Updated/Remodeled

Lot Features

Lot Size (Acres): 0.0964
Lot Size: .0964
Lot Size Source: Assessor

Financial Considerations

Tax Amount: $691
Tax Year: 2025

Disclosures and Reports

Special Conditions: Standard
Legal Description: 435 SWC CONTINENTAL
Property ID: 128-25-026

Listed by Keller Williams Greater Metropolitan, Midge Maguire and Keller Williams Greater Metropolitan, Rodger Smith

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Listing agents

— 3038 E 116th St —

Midge Maguire

Keller Williams Greater Metropolitan
Rodger Smith

Keller Williams Greater Metropolitan

midgeproperties@kw.com, 714-402-5560

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NMLS#: 1598647

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Schools

Schools serving 3038 E 116th St

School District:Cleveland Municipal School District

Name	Grades	Distance
Harvey Rice Elementary School 2730 East 116th, Cleveland, OH 44120	PK-8	0.7 mi
Sunbeam 11731 Mount Overlook Avenue, Cleveland, OH 44120	PK-8	1 mi
Nathan Hale School 3588 Martin Luther King Junior Drive, Cleveland, OH 44105	PK-8	1.1 mi
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111	9-12	10 mi
Cleveland School Of The Arts High School 2064 Stearns Road, Cleveland, OH 44106	9-12	1.8 mi
John Hay School Of Science & Medicine 2075 Stokes Boulevard, Cleveland, OH 44106	9-12	1.8 mi
John Hay School Of Architecture & Design 2075 Stokes Boulevard, Cleveland, OH 44106	9-12	1.8 mi
Andrew J Rickoff 3500 East 147th Street, Cleveland, OH 44120	PK-8	1.5 mi
Bolton 9803 Quebec Avenue, Cleveland, OH 44106	PK-8	1.5 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 3038 E 116th St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

7/06/2026

Listed

$190,000

73.71%

MLS

3/13/2023

Sold

$109,375

—

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 3038 E 116th St

Year

Property Taxes

Change

Tax Assessment

Change

2024

$691

—

$10,330

22%

2023

$691

$8,480

—

2022

$654

$8,480

—

2021

$648

$8,470

17%

2020

$640

$7,250

—

2019

$593

—

$7,250

—

2018

$591

-38%

$7,250

-36%

2017

$959

$11,340

—

2016

$951

—

$11,340

—

2015

$951

-21%

$11,340

-21%

2014

$1,205

$14,390

—

2013

$1,192

—

$14,390

—

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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 3038 E 116th St

3038 E 116th Street, Loveland, OH 44120 (MLS# 5221392) is a Triplex property with 4 bedrooms and 2 full bathrooms. 3038 E 116th Street is currently listed for $190,000 and was received on July 06, 2026. Want to learn more about 3038 E 116th Street? Do you have questions about finding other Triplex 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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3038 E 116th St Loveland, OH 44120