Turnkey, all redone mixed use cash cow grossing $3,600 per month, located on the redeveloping Lorain Ave corridor! Four total units including a retail store front with $1,000 in potential rent along with all occupied (3) residential units that include two spacious two-bedroom units rented at $900 each (back down/ back up) and a nice sized one-bedroom unit rented at $800 (up front). Recent upgrades all took place in 2020 and 2021 including all plumbing feed lines/ drains, electrical panels, service lines/ new wires, furnace for down units, drywall and all finishes, rubber roof, vinyl siding, vinyl windows and more! A must see.
Closed
$175,000
6818 Lorain Ave, Cleveland, OH 44102
5beds
3,691sqft
Quadruplex, Multi Family
Built in 1910
-- sqft lot
$226,800 Zestimate®
$47/sqft
$1,075 Estimated rent
Home value
$226,800
$195,000 - $263,000
$1,075/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Michael A Balamenti (330)562-9495mike@7sproperties.com,
Power House Realty
Bought with:
Melissa A Lupton, 2014004675
EXP Realty, LLC.
Source: MLS Now,MLS#: 4451069
Originating MLS: Other/Unspecificed
Originating MLS: Other/UnspecificedFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Forced Air, Gas
Cooling
- Wall Unit(s)
Appliances
- Laundry: None
Features
- Basement: Full
Interior area
- Total structure area: 3,691
- Total interior livable area: 3,691 sqft
- Finished area above ground: 2,989
- Finished area below ground: 702
Property
Parking
- Total spaces: 3
- Parking features: Paved
- Garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Fencing: Chain Link,Partial
Lot
- Size: 4,621 Square Feet
Details
- Parcel number: 00610021
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Brick, Vinyl Siding
- Roof: Rubber
Condition
- Year built: 1910
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: James M Hoyt Sub
Location
- Region: Cleveland
Financial & listing details
- Price per square foot: $47/sqft
- Tax assessed value: $167,800
- Annual tax amount: $1,107
- Date on market: 12/6/2023
- Cumulative days on market: 119 days
- Listing terms: Cash,Conventional
- Tenant pays: Electricity, Gas, Heat
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2023 | Sold | $175,000-7.8%$47/sqft |
Source:  MLS Now #4451069 Report a problem | ||
| 8/10/2023 | Pending sale | $189,900$51/sqft |
Source: MLS Now #4451069 Report a problem | ||
| 7/26/2023 | Contingent | $189,900$51/sqft |
Source: MLS Now #4451069 Report a problem | ||
| 7/10/2023 | Price change | $189,900-5%$51/sqft |
Source: MLS Now #4451069 Report a problem | ||
| 6/22/2023 | Price change | $199,900-7%$54/sqft |
Source: MLS Now #4451069 Report a problem | ||
| 5/23/2023 | Listed for sale | $215,000$58/sqft |
Source: MLS Now #4451069 Report a problem | ||
| 4/30/2023 | Contingent | $215,000$58/sqft |
Source: MLS Now #4451069 Report a problem | ||
| 4/14/2023 | Listed for sale | $215,000$58/sqft |
Source: MLS Now #4451069 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,076 +0.2% | $58,730 |
| 2024 | $6,062 +446.9% | $58,730 +429.1% |
| 2023 | $1,109 +0.1% | $11,100 |
| 2022 | $1,107 -0.3% | $11,100 |
| 2021 | $1,110 +5.9% | $11,100 +10.1% |
| 2020 | $1,049 -46.2% | $10,080 |
| 2019 | $1,950 +102.5% | $10,080 |
| 2018 | $963 -41.3% | $10,080 -37.5% |
| 2017 | $1,639 -41% | $16,140 |
| 2016 | $2,777 +3.1% | $16,140 |
| 2015 | $2,695 +45.2% | $16,140 -12% |
| 2014 | $1,856 | $18,350 |
Find assessor info on the county website
Neighborhood: Detroit Shoreway
Nearby homes
- $--2 bd1 ba800 sqft6818 Lorain Ave #UP, Cleveland, OH 44102Off Market
- $--1 bd1 ba659 sqft6818 Lorain Ave UNIT 2, Cleveland, OH 44102Off Market
- $--1 bd1 ba700 sqft6818 Lorain Ave #4, Cleveland, OH 44102Off Market
- $--2 bd1 ba675 sqft6818 Lorain Ave #3, Cleveland, OH 44102Off Market
- $27,0004 bd2 ba2.2k sqft6812 Lorain Ave, Cleveland, OH 44102Off Market
- $92,8002 bd1 ba1.1k sqft6904 Lorain Ave, Cleveland, OH 44102Off Market
- $---- bd-- ba-- sqft6808 Lorain Ave, Cleveland, OH 44102Off Market
- $168,8884 bd2 ba-- sqft7017 Colgate Ave FRONT 7015, Cleveland, OH 44102For Sale
Nearby schools
GreatSchools rating
- 8/10Clark SchoolGrades: PK-9Distance: 0.1 mi
- 3/10Max S Hayes High SchoolGrades: 9-12Distance: 0.3 mi
- 3/10The Halle School of InquiryGrades: PK-8Distance: 0.5 mi
Schools provided by the listing agent
- District: Cleveland Municipal - 1809
Source: MLS Now. 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
$226,800
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
$226,800
- Ohio
- Cuyahoga County
- Cleveland
- 44102
- Detroit Shoreway
- 6818 Lorain Ave
Nearby cities
Nearby neighborhoods
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