Great cash cow investment in the Detroit Shoreway neighborhood generating $3515 monthly rent ($1540, $1300, $675). Two standalone structures include a 2 unit front house and a single family back house, each with its own private laundry hookup. Walk to shops and restaurants, 5 minute drive to Downtown, Gordon Square, Edgewater Beach, and Ohio City. Major updates recently completed: new roof, carpet, blinds, and paint front house (2024), all new plumbing, furnace, paint, and windows back house (2023-2024).
Closed
$249,000
7945 Lorain Ave, Cleveland, OH 44102
7beds
2,714sqft
Triplex, Multi Family
Built in 1895
-- sqft lot
$271,800 Zestimate®
$92/sqft
$1,014 Estimated rent
Home value
$271,800
$247,000 - $299,000
$1,014/mo
Zestimate® history
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$1,844/mo
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Private laundry hookupSingle family back houseNew plumbingStandalone structuresNew roof
Zillow last checked:
Listing updated:
Listed by:
Stefanie English 505-369-9050,
Progressive Urban Real Estate Co
Bought with:
Remington Lyman, 2022001862
REAFCO
Source: MLS Now,MLS#: 5097915
Originating MLS: Akron Cleveland Association of REALTORS
Originating MLS: Akron Cleveland Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air
Cooling
- Ceiling Fan(s), Window Unit(s)
Appliances
- Included: Dryer, Range, Refrigerator, Washer
- Laundry: In Unit
Features
- Basement: Partial
Interior area
- Total structure area: 2,714
- Total interior livable area: 2,714 sqft
- Finished area above ground: 2,714
Property
Parking
- Parking features: Driveway
Features
- Levels: Two
- Stories: 2
- Fencing: Back Yard,Wood
Lot
- Size: 4,373 Square Feet
Details
- Parcel number: 00606074
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- Updated/Remodeled
- Year built: 1895
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Langhorn & Dixons
Location
- Region: Cleveland
Financial & listing details
- Price per square foot: $92/sqft
- Tax assessed value: $140,000
- Annual tax amount: $3,277
- Date on market: 2/3/2025
- Cumulative days on market: 23 days
- Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 3/14/2025 | Sold | $249,000+3.8%$92/sqft |
Source:  MLS Now #5097915 Report a problem | ||
| 2/26/2025 | Pending sale | $239,900$88/sqft |
Source: MLS Now #5097915 Report a problem | ||
| 2/7/2025 | Contingent | $239,900$88/sqft |
Source: MLS Now #5097915 Report a problem | ||
| 2/3/2025 | Listed for sale | $239,900+71.4%$88/sqft |
Source: MLS Now #5097915 Report a problem | ||
| 12/5/2024 | Listing removed | $1,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/19/2024 | Listed for rent | $1,500-2.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/28/2024 | Listing removed | $1,540$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/14/2024 | Listed for rent | $1,540+11.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/26/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/18/2023 | Listed for rent | $1,377$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/28/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/24/2023 | Listed for rent | $1,377$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/30/2022 | Sold | $140,000+92%$52/sqft |
Source: Public Record Report a problem | ||
| 9/7/2018 | Listing removed | $72,900$27/sqft |
Source: CENTURY 21 DePiero & Associates, Inc. #4022462 Report a problem | ||
| 7/26/2018 | Listed for sale | $72,900+40.5%$27/sqft |
Source: CENTURY 21 DePiero & Associate #4022462 Report a problem | ||
| 12/16/2015 | Listing removed | $51,900$19/sqft |
Source: CENTURY 21 DePiero & Associates, Inc. #3685017 Report a problem | ||
| 7/7/2015 | Price change | $51,900-10.4%$19/sqft |
Source: CENTURY 21 DePiero & Associates, Inc. #3685017 Report a problem | ||
| 5/5/2015 | Price change | $57,900-4.9%$21/sqft |
Source: CENTURY 21 DePiero & Associates, Inc. #3685017 Report a problem | ||
| 2/18/2015 | Listed for sale | $60,900-6.2%$22/sqft |
Source: CENTURY 21 DePiero & Associates, Inc. #3685017 Report a problem | ||
| 11/2/2014 | Listing removed | $64,900$24/sqft |
Source: CENTURY 21 DePiero & Associates, Inc. #3443999 Report a problem | ||
| 3/6/2014 | Price change | $64,900-7.2%$24/sqft |
Source: CENTURY 21 DePiero & Associates, Inc. #3443999 Report a problem | ||
| 9/14/2013 | Listed for sale | $69,900$26/sqft |
Source: Century 21 DePiero & Associate #3443999 Report a problem | ||
| 11/11/2012 | Listing removed | $69,900$26/sqft |
Source: CENTURY 21 DePiero & Associates, Inc. #3317544 Report a problem | ||
| 5/12/2012 | Listed for sale | $69,900-6.7%$26/sqft |
Source: CENTURY 21 DePiero & Associates, Inc. #3317544 Report a problem | ||
| 12/4/2011 | Listing removed | $74,900$28/sqft |
Source: CENTURY 21 DePiero & Associates, Inc. #3234782 Report a problem | ||
| 9/19/2011 | Price change | $74,900-11.8%$28/sqft |
Source: CENTURY 21 DePiero & Associates, Inc. #3234782 Report a problem | ||
| 6/8/2011 | Listed for sale | $84,900+129.5%$31/sqft |
Source: DePiero & Associates, Inc. #3234782 Report a problem | ||
| 1/21/1999 | Sold | $37,000+105.6%$14/sqft |
Source: Public Record Report a problem | ||
| 3/4/1997 | Sold | $18,000$7/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,278 +0% | $49,000 |
| 2024 | $3,277 +57.6% | $49,000 +82.8% |
| 2023 | $2,079 +0.6% | $26,810 |
| 2022 | $2,067 +0.9% | $26,810 |
| 2021 | $2,048 +12.4% | $26,810 +30% |
| 2020 | $1,821 +8% | $20,620 |
| 2019 | $1,687 +0.3% | $20,620 |
| 2018 | $1,682 +3.1% | $20,620 +6.9% |
| 2017 | $1,631 +0.8% | $19,290 |
| 2016 | $1,617 | $19,290 |
| 2015 | $1,617 -5.4% | $19,290 -5% |
| 2014 | $1,711 +1.7% | $20,310 |
| 2013 | $1,682 +2.9% | $20,310 |
| 2012 | $1,635 +9.6% | $20,310 -15.8% |
| 2011 | $1,492 +901.7% | $24,120 |
| 2010 | $149 +0.8% | $24,120 |
| 2009 | $148 -90.6% | $24,120 -11% |
| 2008 | $1,580 +3.3% | $27,100 |
| 2007 | $1,529 +0.1% | $27,100 |
| 2006 | $1,527 +71.2% | $27,100 +80.1% |
| 2005 | $892 +1.2% | $15,050 |
| 2004 | $882 +1.1% | $15,050 |
| 2003 | $873 +17.3% | $15,050 +16.2% |
| 2002 | $744 -41.2% | $12,950 |
| 2001 | $1,265 +4.5% | $12,950 |
| 2000 | $1,211 | $12,950 |
Find assessor info on the county website
Neighborhood: Detroit Shoreway
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Nearby schools
GreatSchools rating
- 3/10The Halle School of InquiryGrades: PK-8Distance: 0.2 mi
- 3/10Max S Hayes High SchoolGrades: 9-12Distance: 0.5 mi
- 8/10Clark SchoolGrades: PK-9Distance: 0.4 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
$271,800
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Estimated market value
$271,800
- Ohio
- Cuyahoga County
- Cleveland
- 44102
- Detroit Shoreway
- 7945 Lorain Ave
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