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Sold for $175,000
  • $175,000

    5718 Lorain Ave, Cleveland, OH 44102

    --beds
    0baths
    1,600sqft
    Two
    Built in 1900
    -- sqft lot
    $157,400 Zestimate®
    $109/sqft
    $1,343 Estimated rent

    Home value

    $157,400

    $115,000 - $212,000

    $1,343/mo

    Zestimate® history
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    What's special

    Mixed use space ready for your build out. Zoned as 2 apartments up and retail space below. This building has new windows and has had minor updating over the last few years but is in need of a complete build out to reach its full potential. There is a full unfinished basement as well. This property has a city of Cleveland lot to the east that potentially could be acquired with a purchase. The lot to the west is also available and is listed for sale currently. This section of Lorain is seeing a lot of growth in addition to being a block from the W 65th Rapid Station which is two stops to downtown Cleveland and one stop to the West Side Market and the West 25th Entertainment district.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Other, Gas
    Cooling
    • None
    Features
    • Flooring: Concrete, Hardwood
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 1,600 sqft

    Property

    Features
    • Exterior features: Wood
    • Has view: Yes
    • View description: City
    Lot
    • Size: 3,484 Square Feet
    Details
    • Parcel number: 00231003

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Two
    Materials
    • Foundation: Concrete
    • Roof: Asphalt
    Condition
    • Year built: 1900

    Community & HOA

    Location
    • Region: Cleveland

    Financial & listing details

    • Price per square foot: $109/sqft
    • Tax assessed value: $73,600
    • Annual tax amount: $2,666

    Price history

    DateEventPrice
    7/2/2025Sold$175,000$109/sqft
    Source: Public Record Report a problem
    4/1/2025Listing removed$175,000$109/sqft
    Source: MLS Now #5072417 Report a problem
    3/29/2025Price change$175,000-2.2%$109/sqft
    Source: MLS Now #5072417 Report a problem
    12/18/2024Price change$179,000-8.2%$112/sqft
    Source: MLS Now #5072417 Report a problem
    10/25/2024Price change$194,900-2.1%$122/sqft
    Source: MLS Now #5072417 Report a problem
    9/23/2024Listed for sale$199,000+109.5%$124/sqft
    Source: MLS Now #5072417 Report a problem
    8/26/2022Sold$95,000-24%$59/sqft
    Source: MLS Now #4382351 Report a problem
    8/22/2022Pending sale$125,000$78/sqft
    Source: MLS Now #4382351 Report a problem
    7/8/2022Contingent$125,000$78/sqft
    Source: MLS Now #4382351 Report a problem
    7/5/2022Price change$125,000-10.7%$78/sqft
    Source: MLS Now #4382351 Report a problem
    6/16/2022Listed for sale$139,900+55.4%$87/sqft
    Source: MLS Now #4382351 Report a problem
    10/2/2019Listing removed$89,999$56/sqft
    Source: Howard Hanna - Cleveland City #4011719 Report a problem
    10/2/2018Price change$89,999-9.9%$56/sqft
    Source: Howard Hanna - Cleveland City #4011719 Report a problem
    8/14/2018Price change$99,900-13.1%$62/sqft
    Source: Howard Hanna - Cleveland City #4011719 Report a problem
    6/23/2018Listed for sale$115,000+340.6%$72/sqft
    Source: Howard Hanna #4011719 Report a problem
    12/3/2007Sold$26,100-15.8%$16/sqft
    Source: Public Record Report a problem
    6/4/2003Sold$31,000$19/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,666 +0.2%$25,760
    2024$2,660 +179.4%$25,760 +170.6%
    2023$952 +0.1%$9,520
    2022$950 -0.3%$9,520
    2021$953 +6%$9,520 +10.1%
    2020$899 -46.2%$8,650 +0.1%
    2019$1,672 +58.3%$8,640 -0.1%
    2018$1,057 -5.8%$8,650 +186.4%
    2017$1,121 +45.4%$3,020
    2016$771 +6.6%$3,020
    2015$723 +107.9%$3,020 -12.2%
    2014$348 $3,440
    Find assessor info on the county website

    Neighborhood: Detroit Shoreway

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Cleveland Municipal

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $157,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $157,400