7944 Lorain Avenue, Cleveland, OH 44102
Local realty services provided by:ERA Real Solutions Realty
7944 Lorain Avenue,Cleveland, OH 44102
$131,500
- 4 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Closed
Listed by: michael l magno
Office: keller williams living
MLS#:5229096
Source:OH_NORMLS
Price summary
- Price:$131,500
About this home
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. New Furnaces in 2026. 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....
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Home facts
- Year built:1905
- Subdivision & Development:James M Hoyts Allotment
- Listing ID #:5229096
- Added:74 day(s) ago
- Updated:November 10, 2026 at 11:40 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:13
- Basement:Yes
- Basement Description:Full
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt
- Year built:1905
- Construction Materials:Brick
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$131,500
- Tax amount:$2,222 (2025)
Parking
- Parking description:Driveway
- Garage:Yes
- Garage spaces:3
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