3464 E 116th Street, Loveland, OH 44120 - Photo 1

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$230,000 -$20,000 (-8%) Price Reduced

For Sale
Active
Multi-Family
8 Total Beds
Updated 6 days ago

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Property Description

Excellent investment opportunity! This well-maintained four-unit property has all the major capital improvements already completed, making it a true turnkey addition to any investment portfolio. The property has been thoughtfully updated and is ready for its next owner to start generating income from day one. With the big-ticket items already taken care of, investors can focus on maximizing returns instead of tackling costly repairs. Whether you're expanding your rental portfolio or looking for a solid income-producing asset, this updated quadruplex is one you won't want to miss. Schedule your showing today!

Full Property Details

Full Property Details for 3464 E 116th St

General

Price: $230,000
Taxes: $1,977 (2025)
Status: Active
Type: Multi-Family
Source: 505
MLS ID: 5225516
Updated: 9/11/2026
Added to Site: 65 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 4

Bedrooms

Total Bedrooms: 8

Parking

Parking Features: Driveway

Location

County: Cuyahoga
Township: Cleveland
Subdivision: Highland Park
Driving Directions: Union to E 116th.

School Information

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

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Wall/Window Unit(s)
Heating Type: Forced Air

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

# Buildings: 1
Construction: Aluminum Siding
Basement: Yes
Basement Desc.: Full, Unfinished
Roof: Asphalt
Stories/Levels: 2
Square Feet: 3,843
Living Area: 3,843 Sq. Ft.
Finished Above Grnd: 3,843 Sq. Ft.
Year Built: 1920
Year Built Source: Public Records
Property Condition: Updated/Remodeled

Lot Features

Lot Size (Acres): 0.1377
Lot Size: .1377
Lot Size Source: Assessor

Financial Considerations

Tax Amount: $1,977
Tax Year: 2025
Terms: Cash, Conventional, FHA

Disclosures and Reports

Legal Description: 443 S&LHP 0021 ALL
Property ID: 127-27-043

Listed by JMG Ohio, Eric Tepfenhart

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Listing agent

— 3464 E 116th St —

Eric Tepfenhart

JMG Ohio

etepfenhart@jasonmitchellgroup.com, 440-465-5457

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NMLS#: 1598647

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Schools

Schools serving 3464 E 116th St

School District:Cleveland Municipal School District

Name	Grades	Distance
Nathan Hale School 3588 Martin Luther King Junior Drive, Cleveland, OH 44105	PK-8	0.3 mi
John Adams College & Career Academy 3817 Martin Luther King Junior Drive, Cleveland, OH 44105	9-12	0.7 mi
Charles Dickens School 13013 Corlett Ave, Cleveland, OH 44105	PK-8	0.8 mi
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111	9-12	9.9 mi
Cleveland School Of The Arts High School 2064 Stearns Road, Cleveland, OH 44106	9-12	2.6 mi
John Hay School Of Science & Medicine 2075 Stokes Boulevard, Cleveland, OH 44106	9-12	2.6 mi
John Hay School Of Architecture & Design 2075 Stokes Boulevard, Cleveland, OH 44106	9-12	2.6 mi
Andrew J Rickoff 3500 East 147th Street, Cleveland, OH 44120	PK-8	1.2 mi
Harvey Rice Elementary School 2730 East 116th, Cleveland, OH 44120	PK-8	1.4 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 3464 E 116th St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

9/11/2026

Price Reduced

$230,000

-8%

MLS

8/10/2026

Price Reduced

$250,000

-7.41%

MLS

7/14/2026

Listed

$270,000

107.69%

MLS

1/31/2025

Sold

$130,000

—

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 3464 E 116th St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$1,977

—

$19,075

—

2024

$1,969

—

$19,080

25%

2023

$1,969

30%

$15,230

—

2022

$1,519

—

$15,230

—

2021

$1,523

$15,230

2020

$1,492

$14,350

—

2019

$1,404

$14,350

—

2018

$1,370

-7%

$14,350

-1%

2017

$1,469

—

$14,460

—

2016

$1,469

—

$14,460

—

2015

$1,473

-15%

$14,460

-16%

2014

$1,733

$17,220

—

2013

$1,707

—

$17,220

—

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 3464 E 116th St

3464 E 116th Street, Loveland, OH 44120 (MLS# 5225516) is a Multi-Family property with units containing 8 bedrooms and 4 full bathrooms. 3464 E 116th Street is currently listed for $230,000 and was received on July 14, 2026. Want to learn more about 3464 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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3464 E 116th St Loveland, OH 44120