Price Reduced Listing
$145,000
 $965 est/mo Sourced by Back At You

7944 Lorain Avenue,Cleveland, OH 44102

Cleveland, OH 44102

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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. 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.

Details

MLS #5229096
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year1905
Days On Site41
Listing Provided ByKeller Williams Living | Michael L Magno

Features

Bed(s)4
Bath(s) 2 Total
SQ Feet2,548
Garage3
BasementY
Story(s)2
Building(s)1
Acreage0.11

Parking

Garage Yes / NoYes
Parking FeaturesDriveway

Taxes

Tax Annual Amount2222

Area Information

StateOH
CountyCuyahoga
CityCleveland
Zip Code44102
Community NameJames M Hoyts Allotment
Listing VS Median (in James M Hoyts Allotment)
Price:
$145,000
low | high
Med:
$145,000
50% of Average
sqft:
2,548
low | high
Med:
2,548
50% of Average
$ / sqft:
$57
low | high
Med:
$57
50% of Average
On site:
41
low | high
Med:
41
100% of Average
Sourced by Back At You

Market Activity 44102

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Learn More About This Property

Andrea Searles

Andrea Searles

e-Merge Real Estate

2025003051 (740) 438-4255andrea.searles@e-merge.com
StateOH
CountyCuyahoga
CityCleveland
Zip Code44102
Community NameJames M Hoyts Allotment
Listing VS Median (in James M Hoyts Allotment)
Price:
$145,000
low | high
Med:
$145,000
50% of Average
sqft:
2,548
low | high
Med:
2,548
50% of Average
$ / sqft:
$57
low | high
Med:
$57
50% of Average
On site:
41
low | high
Med:
41
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $108K - $181K
sqft: 1,500 - 3,000
Nearby Listings Property ImageNearby Listings Details
2146 W 81st Street Property Photo 1
$179,000
2146 W 81st Street
Cleveland, OH 44102
Listing Updated: October 6, 2026 at 10:19:21 AM PDT

Andrea Searles - e-Merge Real Estate Pickerington - e-Merge Real Estate