7944 Lorain Ave Cleveland, OH 44102
Detroit Shoreway NeighborhoodEstimated payment $1,036/month
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. 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.
Listing Agent
Keller Williams Living Brokerage Email: michael@themagnogroup.com, 216-236-8849 License #2016003542 Listed on: 08/28/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,222
Year Built
- Built in 1905
Lot Details
- 4,622 Sq Ft Lot
Parking
- 3 Car Garage
- Driveway
Home Design
- Duplex
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 2,548 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
- Laundry in unit
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Utilities
- No Cooling
- Forced Air Heating System
Community Details
- James M Hoyts Allotment Subdivision
Listing and Financial Details
- Assessor Parcel Number 006-06-065
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,222 | $33,215 | $4,200 | $29,015 |
| 2024 | $2,221 | $33,215 | $4,200 | $29,015 |
| 2023 | $1,126 | $14,530 | $3,010 | $11,520 |
| 2022 | $1,120 | $14,530 | $3,010 | $11,520 |
| 2021 | $1,110 | $14,530 | $3,010 | $11,520 |
| 2020 | $987 | $11,170 | $2,310 | $8,860 |
| 2019 | $914 | $31,900 | $6,600 | $25,300 |
| 2018 | $914 | $11,170 | $2,310 | $8,860 |
| 2017 | $924 | $10,930 | $2,770 | $8,160 |
| 2016 | $917 | $10,930 | $2,770 | $8,160 |
| 2015 | $968 | $10,930 | $2,770 | $8,160 |
| 2014 | $968 | $11,490 | $2,910 | $8,580 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/28/2026 08/28/26 | For Sale | $155,000 | +121.4% | $61 / Sq Ft | |
| 05/06/2022 05/06/22 | Sold | $70,000 | -36.4% | $18 / Sq Ft | View Prior Sale |
| 04/12/2022 04/12/22 | Pending | -- | -- | -- | |
| 03/29/2022 03/29/22 | For Sale | $110,000 | -- | $29 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $155,000 | Chicago Title | |
| Warranty Deed | $70,000 | Chicago Title | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | $5,500 | Attorney | |
| Quit Claim Deed | -- | Attorney | |
| Deed | $15,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $116,250 | New Conventional | |
| Previous Owner | $115,000 | New Conventional |
Source: MLS Now
MLS Number: 5229096
APN: 006-06-065
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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