7944 Lorain Avenue, Cleveland, OH 44102

Local realty services provided by:CENTURY 21 Bolte Real Estate
7944 Lorain Avenue,Cleveland, OH 44102
$145,000
  • 4 Beds
  • 2 Baths
  • 2,548 sq. ft.
  • Multi-family
  • Pending
Listed by: michael l magno
Office: keller williams living
MLS#:5229096
Source:OH_NORMLS

Price summary

  • Price:$145,000
  • Price per sq. ft.:$56.91

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...

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Home facts

  • Year built:1905
  • Subdivision & Development:James M Hoyts Allotment
  • Listing ID #:5229096
  • Added:56 day(s) ago
  • Updated:October 24, 2026 at 08:34 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:13
  • Basement:Yes
  • Basement Description:Full
  • Living area:2,548 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt
  • Year built:1905
  • Building area:2,548 sq. ft.
  • Lot area:0.11 Acres
  • Construction Materials:Brick
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$145,000
  • Price per sq. ft.:$56.91
  • Tax amount:$2,222 (2025)

Parking

  • Parking description:Driveway
  • Garage:Yes
  • Garage spaces:3
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