9815 Lorain Avenue Cleveland, OH $ 399,000
9815 Lorain Avenue
$ 399,000
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9815 Lorain Avenue

Cleveland, OH, 44102
$ 399,000
Baths0.0

Monthly Estimate*

$ 2,457

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Studio

Single Family Home for sale in Cleveland, OH

for $399,000. This home was built in 1928 on a lot size of 0.1318.

9815 Lorain Avenue presents a rare opportunity to acquire a landmark mixed-use investment property generating approximately $4,300 per month ($51,600 annually) in gross rental income. Formerly the historic Cleveland Trust Bank Building, this architecturally significant property showcases stunning original details, solid brick and steel construction, and a highly visible location along one of Cleveland's major commercial corridors. The approximately 6,800-square-foot building offers four separate units, including two street-level storefronts and two spacious second-floor suites with private entrances. A comprehensive renovation completed in 2007 included updated plumbing, electrical systems, drywall, and flooring, providing a solid foundation for long-term ownership. The property has been well maintained and features multiple powder rooms, two kitchenettes, a large full basement for storage and a secure gated parking lot. Combining historic character, stable income, flexible occupancy options, and significant investment potential, 9815 Lorain Avenue offers a unique opportunity for investors, owner-users, or those seeking a distinctive mixed-use asset in a growing Cleveland market.

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Single Family Active

Price

$ 399,000

Bedrooms

Studio

Property Type

Single Family

Taxes

$ 7,365

Style

Lot Size

0.1318

Year Built

1928

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

5217073

Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Possession Negotiable
Year Built 1928
Township Cleveland
Property Subtype MixedUse
Tax Year 2025
Current Use MixedUse
County Cuyahoga
Net Operating Income 10.2
Property Type CommercialSale
Attached Garage false
Subdivision Name Jordan
Status Active
Directions West of West 98th East of W 117th
City Cleveland
Disclosures OwnerIsListingAgent PrincipalIsRealEstateLicensed
High School District Cleveland Municipal - 1809
Lot Size Units Acres
Tax Annual Amount 7365
Water Sewer Expense 300
Building Area Units SquareFeet
Living Area Units SquareFeet
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Year Built Source PublicRecords
Total Actual Rent 51600
Property Sub Type Additional MixedUse
Legal Description 14 JORDAN 0013 ALL
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Interior
Air Conditioning Y/N true
Heating Y/N true
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features DirectAccess ElectricGate ParkingLot
Water Source Public
Lot Size Area 0.1318
Building Area Total 6804
Lot Size Acres 0.1318
Lot Size Source Assessor
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* Excluded Features
List By
Peter Spirollari

Listing Agent

Century 21 Homestar

Broker

petersold@gmail.com

Email

Affordability Calculator

$3,070
Per Month
80%
20%
0%
Monthly Principal & Interest
$2,457
Monthly Property Taxes
$614
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
6/8/2026$399,000 Listed Price

Map


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9815 Lorain Avenue, Cleveland, OH, 44102 is a Single Family Home for sale at $399,000 with a lot size of 0.1318. 9815 Lorain Avenue is a studio with 0.0 baths and was built in 1928. The property's zip code is 44102 which is in Cleveland, OH