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Jefferson Multifamily Home for Sale

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    $220,000

    • 4 Beds
    • 4 Baths

    12718 Lorain Ave, Cleveland, OH 44111

    Welcome to 12718 Lorain Ave, a beautifully renovated multi-unit building that offers both comfort and convenience. This property features three fully occupied units, making it an excellent investment opportunity. Each unit has been freshly painted, showcasing modern finishes and a welcoming atmosphere.Enjoy the added benefit of an easement on the driveway, providing easy access for

    Izzeldin Izheman RE/MAX Omega

    12718 Lorain Ave, Cleveland, OH 44111

Why Live in Jefferson

Jefferson, a neighborhood in Cleveland, is part of the larger West Park area, which includes Kamm’s Corner, Riverside, and Bellair-Puritas. The neighborhood features a mix of modest two-bedroom bungalows and ranches, as well as larger Foursquares built between the 1920s and 1950s. Homes typically have small lots with private driveways leading to detached garages. Jefferson's central location is a significant draw, with downtown Cleveland just 8 miles east and Lake Erie and the airport reachable within 15 minutes. The neighborhood is well-connected by Interstates 90 and 71, as well as Greater Cleveland Regional Transit Authority buses and rapid transit trains, including the Red Line to Cleveland Hopkins International Airport. Jefferson Park is a central green space offering eight tennis courts, two basketball courts, a playground, and paved walkways. Nearby, Mohican Park and Halloran Park provide additional recreational facilities, including baseball fields, an indoor skating rink, and a pool with a waterslide. The neighborhood hosts events such as the Jefferson Rocks West Park summer concert series and the Haunted Hallow event in October. For dining, locals frequent George’s Kitchen, an old-fashioned diner, and Der Braumeister, a restaurant known for its modernized German cuisine and extensive beer list. Lorain Avenue, the main retail corridor, features an ALDI and various local restaurants. The Cuyahoga County Planning Commission's Lorain Avenue Businesses District Plan aims to revitalize the area by restoring the historic Variety Theater and attracting small businesses and new apartments. Jefferson's public schools are part of the Cleveland Metropolitan School District, with options like Garfield School and John Marshall High School. The neighborhood also houses the Global Ambassadors Language Academy, a dual-language immersion school offering Mandarin programs.

Home Trends in Jefferson, OH

Housing Trends

Median Sale Price
$373,294
Median Single Family Sale Price
$364,999
Median Townhouse Sale Price
$399,990
Median 2 Bedroom Sale Price
$389,900
Median 1 Bedroom Sale Price
$464,000
Average Price Per Sq Ft
$257
Number of Homes for Sale
42
Last 12 months Home Sales
182
Months of Supply
2.80
Median List Price
$389,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-2%
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