Vision Sales Team

7944 Lorain Avenue

Cleveland, OH 44102

MLS#: 5229096

$155,000

Status: Active
Listing number: 5229096
Listing provided by: Keller Williams Living
Listing agent phone: None
Last update: 19 days ago
On site: 19 days ago
Browse Properties
James M Hoyts Allotment - Residential Income

Property

Beds

4

Full Baths

2

1/2 Baths

None

Year Built

1905

Sq.Footage

2,548

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.

Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    2

  • Above Grade Finished Area

    2548.0

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    3

  • Construction Materials

    Brick

  • Parking

    Driveway

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.1061

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

Price

  • Sales Price

    $155,000

  • Tax Amount

    $2,222

  • Sq. Footage

    2,548

  • Price/SqFt

    $60

HOA

  • Association

    No

School District

  • Elementary School

    Cleveland Municipal - 1809

  • Middle School

    Cleveland Municipal - 1809

  • High School

    Cleveland Municipal - 1809

Property Features

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Cuyahoga

Elementary School

Cleveland Municipal - 1809

Middle School

Cleveland Municipal - 1809

High School

Cleveland Municipal - 1809

Listing Courtesy of Michael L Magno, Keller Williams Living

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Agent Keith Vanke

AGENT

Keith Vanke

Call Keith today to schedule a private showing.

(330) 714-8738

Keith@VisionSalesTeam.com


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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.

7944 Lorain Avenue

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