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3431 E 116th St, Cleveland, OH, 44120

4beds
2baths
2,181sqft
$159,000
$73price/sqft
$1,539/moest. monthly cost
$61,560/yrincome needed

About This Home

Turn-Key Fully Remodeled Duplex | New Roof, HVAC & Water Heaters | Additional Lot Included For Sale By Owner Don't miss this exceptional investment opportunity at 3431 E. 116th St., Cleveland, OH. This beautifully maintained 2,189 sq. ft. duplex features two spacious 2-bedroom, 1-bath units, both fully remodeled and currently occupied, making it a true turn-key investment. Extensive updates have been completed throughout the property, giving buyers peace of mind with many of the major capital improvements already taken care of. Property Features 2,189 sq. ft. duplex Two spacious 2-bedroom, 1-bath units Both units fully remodeled Fully occupied Brand new house roof (December 2025) Exterior professionally repainted Two brand new HVAC systems (January 2025) Two brand new water heaters (January 2025) Lead Safe Certified Full ADT security system with Ring cameras Large unfinished attic offering abundant storage and future potential Full basement Detached 400 sq. ft. garage, fully remodeled with a new roof (2024) Approximately 5,000 sq. ft. level lot with ample parking and yard space Includes an additional attached lot, providing extra value and future possibilities This property has been meticulously maintained with significant investments in the roof, mechanical systems, exterior, and security, allowing the next owner to enjoy a low-maintenance investment for years to come. Whether you're an experienced investor or looking to add a quality duplex to your portfolio, this property offers strong long-term value, excellent condition, and outstanding future upside. Buyer agents welcome. Please contact for additional information or to schedule a showing. Do not disturb tenants. Need 24 hour + to schedule a home tour.

Getting Around

64
WalkingSomewhat Walkable
44
TransitSome Transit
46
BikeSomewhat Bikeable

Schools

3/10
Nathan Hale SchoolGrades PK-80.7 mi
3/10
Harvey Rice Elementary SchoolGrades PK-8,101.1 mi

Construction

Condition

  • Year built: 1918

Materials

  • Roof: Shake / Shingle

Type & Style

  • Home type: MultiFamily
  • Architectural style: Colonial

Interior

Appliances

  • Appliances included: Freezer,Range / Oven,Refrigerator

Basement

  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Carpet,Hardwood,Laminate
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced air
  • Cooling features: None

Interior Area

  • Total interior livable area: 2,181 sqft

Property

Details

  • Parcel number: 13020144

Features

  • Exterior features: Wood,Brick

Lot

  • Lot size: 5,079 sqft

Parking

  • Total spaces: 7
  • Parking features: Garage - Detached,Off-street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tsunami

FEMA Declared Disasters Across Ohio Counties

Flood
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $803$9,636
Home Insurance *$253$3,036
Property Taxes $250$3,000
Electricity $233$2,806
Total$1,539$18,468
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$52,765/yr
40% on housing$46,170/yr
45% on housing$41,040/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$73This listing

vs Other Active Listings

Avg $/sqft

ZIP 44120$81
Cuyahoga County$124

vs Homes Sold Last Month

Median $/sqft

ZIP 44120$87
Cuyahoga County$144

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-15Listed for sale$159,000
2025-01-21Listing removed--
2024-12-05Listed for sale$160,000
2024-05-31Sold$85,000
2024-03-12Pending sale$89,000
2024-03-05Price change$89,000
2024-02-28Listed for sale$99,900
2024-02-22Pending sale$99,900
2024-02-17Listed for sale$99,900
2023-09-26Sold$79,900
2023-08-24Pending sale$79,900
2023-08-17Listed for sale$79,900

For Sale by Owner

AgentProperty Owner

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