7944 Lorain Avenue Cleveland, OH $ 155,000
7944 Lorain Avenue
$ 155,000
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7944 Lorain Avenue

Cleveland, OH, 44102
$ 155,000
Bedrooms4 Baths2.0 Sq 2,548

Monthly Estimate*

$ 979

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Multi-Family Home for sale in Cleveland, OH

for $155,000 with 4 bedrooms and 2 full baths. This 2,548 square foot home was built in 1905 on a lot size of 0.1061.

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.

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Multi-Family Active

Price

$ 155,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,222

Style

Lot Size

0.1061

Year Built

1905

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

5229096

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling None
Possession Delivery Of Deed
Roof Asphalt
Garage Spaces 3
Construction Materials Brick
Year Built 1905
Stories Count 2
Township Cleveland
Levels Two
Property Subtype Duplex
Tax Year 2025
County Cuyahoga
Property Type Residential Income
Attached Garage false
Subdivision Name James M Hoyts Allotment
Garage Y/N true
Total Rooms 13
Full Baths 2
Status Active
Directions Lorain Ave
City Cleveland
Disclosures Principal is Real Estate Licensed
High School District Cleveland Municipal - 1809
Lot Size Units Acres
Carport Y/N false
Tax Annual Amount 2222
Home Warranty Y/N false
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 28 HOYT 0463 ALL
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Interior
Basement Full
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Above Grade Finished Area 2548
Half Baths 0
Laundry Features In Unit
Total Bedrooms 4
Main Level Bathrooms 0
Above Grade Finished Area Source Assessor
Total Baths 2
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Exterior
Parking Features Driveway
Water Source Public
Lot Size Area 0.1061
Number of Buildings 1
Lot Size Acres 0.1061
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded Features
List By
Michael L Magno

Listing Agent

Keller Williams Living

Broker

michael@themagnogroup.com

Email

Affordability Calculator

$1,164
Per Month
84%
16%
0%
Monthly Principal & Interest
$979
Monthly Property Taxes
$185
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
8/28/2026$155,000 Listed Price

Map


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7944 Lorain Avenue, Cleveland, OH, 44102 is a Multi-Family Home for sale at $155,000 with 2,548 sqft and a lot size of 0.1061. 7944 Lorain Avenue has 4 bedrooms, 2.0 baths, and was built in 1905. The property's zip code is 44102 which is in Cleveland, OH