7944 Lorain Ave | Image 1
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$155,000

For Sale

8 hours ago

7944 Lorain Ave, Cleveland, OH

House

MLS® 5229096

4 Bed

2 Bath

2548 sqft

3 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 2548 sqft
Garage Yes
Taxes $2,222
Days Active 0
Lot Size 0.1061 Acres
Approx. Age 1905
Avg. Price Per Sqft $60
MLS® Number 5229096

Property Address: 7944 Lorain Ave, Cleveland, OH, 44102-4256

Average square foot calculated using Size range provided by listing agent.

Description

Opportunity on Lorain Ave! This large brick double offers over 2, 500 square feet of living space with a current 4-bedroom, 2-bath configuration and plenty of room to add value. The upstairs unit is tenant occupied at $820/month, providing immediate income, while the first-floor unit was recently vacated and is nearly move-in ready with some TLC. The oversized footprint creates additional upside for an investor looking to improve rents and long-term value, with potential to reconfigure or add an additional bedroom. Similar multifamily properties in the area have sold above $200, 000, making this an attractive opportunity for an investor looking to force appreciation through relatively straightforward improvements. Solid brick construction, strong square footage, existing rental income, and a vacant unit ready for finishing touches make 7944 Lorain Ave a compelling addition to a rental portfolio or value-add investment strategy. Property is being sold as-is. End buyers only, no wholesale contracts, no creative financing.
MLS® Number5229096
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1905
BasementFull
DrivewayDriveway
Garage Spaces
HeatForced Air
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 28, 2026List Date
$155,000List Price

Home Appraisal

This property is estimated to sell between: $141,000 and $162,000.
Similar properties in this area sold on average for: $141,969
Expected to sell in 38 days. Similar properties sold in 38 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
7944 Lorain Ave, Cleveland, OH

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