#5129017, Vincent D Yurak, Listing office: YUR Better Homes LLC
$279,000 List price
1516 E 118th St Cleveland, OH 44106
7 beds
2 full
2,744 sqft
0.1 acres
$102 / sqft
Multi-Family
Property details
About 1516 E 118th St
Charming Multi-Family Home in the Heart of Cleveland - 1516 E 118th St Nestled in the vibrant and growing University Circle, this well-maintained multi-family home at 1516 E 118th St offers an excellent investment opportunity or the perfect space for an owner-occupant. It is fully occupied with both tenants month to month. With its prime location, just minutes away from the cultural amenities of University Circle, Case Western Reserve University, and the Cleveland Clinic, this property is ideal for renters or homeowners looking for a central location with easy access to the city’s finest attractions. Key Features: Spacious Units: The property boasts 2 units, each offering 2 bedrooms and one bath, generous living space and ample natural light. The layout is functional and appealing, perfect for long-term tenants or multi-generational families. Recent Updates: The building has been thoughtfully updated with newer roof, furnace, hot water tank, carpet and driveway, ensuring peace of mind for years to come. Outdoor Space: The property includes a manageable-sized yard, offering a peaceful outdoor retreat or an area for tenant enjoyment. Convenient Location: Enjoy proximity to all that Cleveland has to offer, including museums, parks, top-rated restaurants, and public transportation. With easy access to I-90, commuting to downtown Cleveland or nearby suburbs is a breeze. Income Potential: This multi-family home is an excellent opportunity for investors looking to expand their portfolio with a property that has a strong rental history and low vacancy rates. Whether you're a savvy investor seeking a solid return or a homeowner looking for rental income potential, this multi-family home offers the best of both worlds in Cleveland's dynamic housing market. Contact us today for more details and to schedule a showing!
Highlights
Home typeDuplex
HeatingForced Air
StatusActive
CoolingCeiling Fan(s)
Size2,744 sqft
BasementYes
Lot size0.1286 Acres
Year built1910
ParkingNo Garage
MLS #5141759
Summary
- Full Bathrooms: 2
- Basement: Yes
- Total Bedroom Count: 7
- Attached Garage: No
- Private Pool: No
- Parking: No Garage
- Heating: Forced Air
- Cooling: Ceiling Fan(s)
- List Price: $279,000
- Price/SqFt: $101
- Annual Tax Amount: $2,686
- Tax Year: 2023
- Directions: Wade Park to E 118th
- Year Built: 1910
- Living Area: 2,744 SqFt
- Lot Size: 0.1286 Acres
- MLS Number: 5141759
- MLS Name: NOWDD
- Office Name: Keller Williams Living
- Office Phone: (216) 965-3896
- Office Email: tinagriffus@kw.com
- Listing Agent: Tina F Griffus
Copyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/1/2025, 1:45:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $34,650 | $2,686 |
| 2022 | $34,650 | $2,671 |
| 2021 | $34,650 | $2,645 |
| 2020 | $31,500 | $2,782 |
| 2019 | $31,500 | $2,577 |
| 2018 | $31,500 | $2,568 |
| 2017 | $14,920 | $1,261 |
History based on county public records data.
Nearby schools
3
Mayfair Elementary School
Public District 3-5
1.5 mi
•13916 Mayfair Ave
6
Roxboro Elementary School
Public District KG-5
1.7 mi
•2405 Roxboro Rd
5
Boulevard Elementary School
Public District KG-5
1.9 mi
•1749 Lee Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,871. Typical income of Cleveland, OH residents is less than $<35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
53%
<35k
45%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Doctorate
What types of families live nearby?
51%
Single, No Kids
22%
Single, with Kids
18%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
10%
12-17 yrs old
22%
18-34 yrs old
40%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Popeyes
Boston Market
What do the neighbors drive?
Kia
Nissan
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1516 E 118th St
The listing price of 1516 E 118th St property is $279,000.
The property 1516 E 118th St is a multi located in Cleveland, Ohio, 44106.
Active Listing: 1516 E 118th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1516 E 118th St are: Mayfair Elementary School (GreatSchools Rating 3/10), Roxboro Elementary School (GreatSchools Rating 6/10), Boulevard Elementary School (GreatSchools Rating 5/10), Mary McLeod Bethune PreK-8 School (GreatSchools Rating 4/10), Citizens Leadership Academy (GreatSchools Rating 4/10), Daniel E. Morgan Elementary School (GreatSchools Rating 4/10), Cleveland School of the Arts (GreatSchools Rating 5/10), Cleveland Early College High School (GreatSchools Rating 8/10), Cleveland School of Science and Medicine (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $2,686 (source: MLS/based on county public records data).
The property 1516 E 118th St is 2,744 SqFt (source: MLS/tax record).
The year of construction for 1516 E 118th St is 1910.
This home is located at 1516 E 118th St in Cleveland, OH and zip code 44106 in the Glenville neighborhood. This 2,744 square foot home, which was built in 1910, sits on a 0.13 acre lot. Features: 7 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 22, 2025 and is currently priced at $279,000.
Cleveland, OH housing market in June 2025 saw over 306 listings sold above listed price, more than 98 sold at listed price and over 335 sold below. The number of homes for sale in Cleveland, OH increased by 3.7% between May and June 2025. While the average time on the market in June 2025 was 32 days, the median list price was $173,756.
From Rocket Homes Real Estate and based on county public records data.