11116 Lardet Avenue, Cleveland, OH 44104

Cleveland
Local realty services provided by:Better Homes and Gardens Real Estate Central
11116 Lardet Avenue,Cleveland, OH 44104
$80,000
Virtual Tour
  • 3 Beds
  • 2 Baths
  • 3,398 sq. ft.
  • Multi-family
  • Active
Listed by: michael a ferrante, de'vonte threat
Office: lpt realty
MLS#:5205357
Source:OH_NORMLS

Price summary

  • Price:$80,000
  • Price per sq. ft.:$23.54

About this home

Investor opportunity in Cleveland with current rental income in place. Zoned single-family, but set up with 2 separate units and has been used that way for years. Both units are occupied by long-term tenants who would like to stay, offering immediate gross rent of $1,283 per month. Down unit includes 2 bedrooms and 1 full bath; up unit includes 1 bedroom and 1 full bath. Nearly 1,700 sq ft with a full unfinished basement, forced-air gas heat, driveway and rear parking area. The property is located just west of E. 116th with nearby access to shopping, parks, playgrounds, public transportation, and major roadways. Listed at an over 15% CAP rate based on current gross rent and list price. Public records identify the property as a single-family residence; current 2-unit setup is disclosed for buyer due diligence regarding permitted use, zoning, and rental compliance. Seller will consider all offers but prefers cash.

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Home facts

  • Year built:1920
  • Listing ID #:5205357
  • Added:1 day(s) ago
  • Updated:April 30, 2026 at 02:14 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:8
  • Basement:Yes
  • Basement Description:Full, Unfinished
  • Living area:3,398 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Asphalt, Fiberglass
  • Year built:1920
  • Building area:3,398 sq. ft.
  • Lot area:0.1 Acres
  • Construction Materials:Wood Siding
  • Levels:2 Stories, 2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$80,000
  • Price per sq. ft.:$23.54
  • Tax amount:$1,155 (2025)

Parking

  • Parking description:Driveway
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