5236 Lorain Avenue Cleveland, OH $ 229,000
5236 Lorain Avenue
$ 229,000
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5236 Lorain Avenue

Cleveland, OH, 44102
$ 229,000
Bedrooms5 Baths2.0 Sq 2,972

Monthly Estimate*

$ 1,410

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Multi-Family Home for sale in Cleveland, OH

for $229,000 with 5 bedrooms and 2 full baths. This 2,972 square foot home was built in 1870 on a lot size of 0.1152.

Welcome to this beautiful well-maintained duplex in the heart of the city, The Ohio City Neighborhood located at 5236 Lorain Ave. The spacious with high ceilings multi-family property offers almost 3,000 sq feet of living space making it an excellent opportunity for investors or owner-occupants. The basement great for storage is 1425 sq feet. The upper unit features 3 generously sized bedrooms and 2 full bathrooms offering ample space and comfort. The lower unit includes 2 bedrooms and full bathroom providing a functional and inviting layout. Both units offer bright living areas, well-proportioned rooms and plenty of natural light throughout with stunning hardwood floors. Additional highlights include a full basement, ideal for storage or potential additional use and has plenty of off-street parking in back great. Prime location for parking. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this versatile property is a must -see. This property brings in $30,000 a year and operates for less than $10,000. It is fully occupied and requires at least 48 hours notice for showing.

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Multi-Family Active

Price

$ 229,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,683

Style

Lot Size

0.1152

Year Built

1870

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

5203415

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Wall/Window Unit(s)
Possession Delivery Of Deed
Roof Asphalt
Appliances Dryer Dishwasher Range Refrigerator Washer
Pool Features None
Security Features Smoke Detector(s)
Construction Materials Lap Siding
Year Built 1870
Tenant Pays Electricity Gas Internet
Stories Count 2
Township Cleveland
Levels Two
Property Subtype Duplex
Tax Year 2025
Gross Income 30000
County Cuyahoga
Operating Expense 9600
Property Type Residential Income
Attached Garage false
Subdivision Name Benedict & Root Allotment
Facing Direction South
Garage Y/N false
Total Rooms 9
Full Baths 2
Status Active
Directions North or Lorain Ave
City Cleveland
Disclosures Owner Is Listing Agent
High School District Cleveland Municipal - 1809
Lot Size Units Acres
Carport Y/N false
Tax Annual Amount 4683.66
Home Warranty Y/N true
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Year Built Source Public Records
Property Sub Type Additional Duplex
Legal Description 48 & 49 B & R 0159 EP
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Interior
Basement Common Basement Full
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds Insulated Windows
Above Grade Finished Area 2972
Half Baths 0
Laundry Features In Unit
Total Bedrooms 5
Main Level Bathrooms 0
Above Grade Finished Area Source Assessor
Total Baths 2
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Exterior
Parking Features Gravel
Lot Features Back Yard
Water Source Public
Lot Size Area 0.1152
Number of Buildings 1
Lot Size Acres 0.1152
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded Features
List By
Daniel B Cull IV

Listing Agent

Progressive Urban Real Estate Co

Broker

danbcull@gmail.com

Email

Affordability Calculator

$1,800
Per Month
78%
22%
0%
Monthly Principal & Interest
$1,410
Monthly Property Taxes
$390
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4457981 Elementary School
4457986 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/23/2026$229,000 Listed Price

Map


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5236 Lorain Avenue, Cleveland, OH, 44102 is a Multi-Family Home for sale at $229,000 with 2,972 sqft and a lot size of 0.1152. 5236 Lorain Avenue has 5 bedrooms, 2.0 baths, and was built in 1870. The property's zip code is 44102 which is in Cleveland, OH