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$49,999 Just Listed
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Property Description
Investor Special! Excellent opportunity to renovate and add value to this spacious duplex located on Cleveland's east side. Offering approximately 2,242 square feet, this property is ideal for investors, contractors, or owner-occupants looking to build equity. The property requires renovations and is being sold AS IS, presenting the next owner with the opportunity to customize and maximize its potential. Strong rental demand and multiple exit strategies make this an attractive value-add investment whether your plan is to renovate and hold, flip, or add to your rental portfolio.Conveniently located near shopping, public transportation, schools, and major highways. Bring your vision and unlock the potential this property has to offer.
Full Property Details
Full Property Details for 3049 E 116th St
General
- Price: $49,999
- Taxes: $1,215 (2025)
- Status: Active
- Type: Duplex
- Source: 505
- MLS ID: 5227200
- Updated: 7/17/2026
- Added to Site: 4 day(s) ago
Interior
- Number of Rooms: 9
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Parking
- Parking Features: None
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Rice Ave Allotment/Procaska
- Driving Directions: From Buckeye Rd, head north on E. 116th St. Property is located on the west side of the street.
School Information
- Elem School District: Cleveland Municipal - 1809
- Midd School District: Cleveland Municipal - 1809
- High School District: Cleveland Municipal - 1809
Heating & Cooling
- Cooling Type: Ceiling Fan(s)
- Heating Type: Forced Air, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Wood Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt
- Stories/Levels: 2
- Square Feet: 3,346
- Living Area: 3,346 Sq. Ft.
- Finished Above Grnd: 2,242 Sq. Ft.
- Finished Below Grnd: 1,104 Sq. Ft.
- Year Built: 1918
- Year Built Source: Public Records
- Property Condition: Fixer
Lot Features
- Lot Size (Acres): 0.1194
- Lot Size: .1194
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $1,215
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Legal Description: 436 P&K 0067 ALL
- Disclosures/Rstr.: Principal is Real Estate Licensed
- Property ID: 129-22-020
Listed by B2B Realty, Ryan Walsh
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Schools
Schools serving 3049 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 | 1.9 mi |
John Hay School Of Architecture & Design 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 1.9 mi |
Andrew J Rickoff 3500 East 147th Street, Cleveland, OH 44120 | PK-8 | 1.5 mi |
Charles Dickens School 13013 Corlett Ave, Cleveland, OH 44105 | 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 3049 E 116th St
Date
Details
Price
Change
Source
7/17/2026
Listed
$49,999
-3.66%
MLS
4/09/2020
Sold
$51,900
—
Public Record
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 3049 E 116th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,215
—
$18,165
—
2024
$1,215
—
$18,170
117%
2023
$1,215
88%
$8,370
—
2022
$645
1%
$8,370
—
2021
$639
1%
$8,370
17%
2020
$631
8%
$7,140
—
2019
$584
—
$7,140
—
2018
$582
-38%
$7,140
-36%
2017
$933
1%
$11,200
—
2016
$926
—
$11,200
—
2015
$925
-10%
$11,200
-10%
2014
$1,025
1%
$12,430
—
2013
$1,013
—
$12,430
—
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 3049 E 116th St
3049 E 116th Street, Loveland, OH 44120 (MLS# 5227200) is a Duplex property with 4 bedrooms and 2 full bathrooms. 3049 E 116th Street is currently listed for $49,999 and was received on July 17, 2026. Want to learn more about 3049 E 116th Street? Do you have questions about finding other Duplex real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

