7944 Lorain AVE, Cleveland, OH 44102
7944 Lorain AVE, Cleveland, OH 44102
7944 Lorain AVE, Cleveland, OH 44102
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Todd Berrien

Todd Berrien

+1(614) 477-3077
$155,000
Est. payment /mo
4 Beds
2 Baths
2,548 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,548 sqft

Price per Sqft $60

Subdivision James M Hoyts Allotment

MLS Listing ID 5229096

Bedrooms 4

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 2,548

Year Built 1905

Annual Tax Amount $2,222

Tax Year 2025

Lot Size 4,621 Sqft

Acres 0.1061

Property Sub-Type Duplex

Property 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.

Location

State OH

County Cuyahoga

Rooms

Basement Full

Interior

Heating Forced Air

Cooling None

Fireplace No

Laundry In Unit

Exterior

Parking Features Driveway

Garage Spaces 3.0

Garage Description 3.0

Water Access Desc Public

Roof Type Asphalt

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 006-06-065

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

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IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Michael L Magno • Keller Williams Living • michael@themagnogroup.com, 216-236-8849

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Todd Berrien
Todd Berrien

Owner License ID: 2013002395

+1(614) 477-3077

archwaygroupoh.com

4378 Tuller Road, Dublin, Ohio 43017, United States

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7944 Lorain AVE