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  • $244,000

    7948 Lorain Ave, Cleveland, OH 44102

    1beds
    3,292sqft
    Duplex, Multi Family
    Built in 1905
    -- sqft lot
    $217,500 Zestimate®
    $74/sqft
    $930 Estimated rent

    Home value

    $217,500

    $185,000 - $250,000

    $930/mo

    Zestimate® history
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    $930/mo

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    $930/mo

    Rent Zestimate®

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    $1,816/mo

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    $1,816/mo

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    What's special

    Solid brick craftsmanshipBrick constructionDesirable outdoor amenitiesContemporary lightingThoughtful detailsCarefully curated interior touchesSleek finishes
    Discover a rare opportunity to own a truly versatile property that blends timeless design with modern functionality. This stunning brick construction immediately conveys durability and character, offering lasting curb appeal that few properties can match. Inside, you’ll find carefully curated interior touches that elevate every space—from sleek finishes and contemporary lighting to thoughtful details that strike the perfect balance between style and comfort. The property’s mixed-use layout is designed to accommodate both residential and commercial possibilities, making it an ideal choice for an owner-occupant who values flexibility or an investor looking to maximize potential. Multiple configurations allow for seamless integration of living, work, or retail space—all under one roof. Step outside to an expansive, maintenance-free backyard, an inviting oasis perfect for relaxation, entertaining, or outdoor gatherings without the hassle of constant upkeep. For an even more unique experience, enjoy private rooftop access that provides an additional open-air space with city and neighborhood views—an inspiring setting for evening unwind or weekend entertaining. Whether you’re envisioning a vibrant live/work residence, a stylish retail storefront with private quarters above, or a long-term investment in a growing market, this property offers the space, structure, and design to make it possible. With its combination of solid brick craftsmanship, modern interiors, versatile layout, and desirable outdoor amenities, this is more than just a property—it’s an opportunity to create the lifestyle or business vision you’ve been waiting for.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jason M Baran 216-280-5357 jason.baran@kw.com,

    Keller Williams Greater Metropolitan

    Bought with:

    Jack Krusinski, 2021004622

    EXP Realty, LLC.

    Source: MLS Now,MLS#: 5155144MLS LogoOriginating MLS: Akron Cleveland Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • Central Air, Window Unit(s)
    Features
    • Basement: Full
    Interior area
    • Total structure area: 3,292
    • Total interior livable area: 3,292 sqft
    • Finished area above ground: 2,204
    • Finished area below ground: 1,088

    Property

    Parking
    • Parking features: Alley Access
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 4,621 Square Feet
    Details
    • Parcel number: 00606066

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Brick, Other
    • Roof: Flat
    Condition
    • Year built: 1905

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: James M Hoyts Allotment
    Location
    • Region: Cleveland

    Financial & listing details

    • Price per square foot: $74/sqft
    • Tax assessed value: $165,000
    • Annual tax amount: $3,861
    • Date on market: 9/9/2025
    • Cumulative days on market: 36 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    10/16/2025Pending sale$225,000-7.8%$68/sqft
    Source: MLS Now #5155144 Report a problem
    10/15/2025Sold$244,000+8.4%$74/sqft
    Source: MLS Now #5155144 Report a problem
    9/12/2025Contingent$225,000$68/sqft
    Source: MLS Now #5155144 Report a problem
    9/9/2025Listed for sale$225,000+52%$68/sqft
    Source: MLS Now #5155144 Report a problem
    3/9/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    2/19/2022Listed for rent$1,950+129.4%$1/sqft
    Source: Zillow Rental Manager Report a problem
    9/16/2020Sold$148,000-1.3%$45/sqft
    Source: MLS Now #4217669 Report a problem
    8/27/2020Pending sale$149,900$46/sqft
    Source: RE/MAX Beyond 2000 Realty Co. #4217669 Report a problem
    8/25/2020Listed for sale$149,900+72.3%$46/sqft
    Source: RE/MAX Beyond 2000 Realty Co. #4217669 Report a problem
    5/3/2020Listing removed$850
    Source: Zillow Rental Manager Report a problem
    5/2/2020Price change$850-44.6%
    Source: Zillow Rental Manager Report a problem
    2/25/2020Price change$1,535-11.3%
    Source: Zillow Rental Manager Report a problem
    2/16/2020Listed for rent$1,730$1/sqft
    Source: Zillow Rental Manager Report a problem
    2/12/2018Sold$87,000-13%$26/sqft
    Source: Public Record Report a problem
    2/12/2018Pending sale$100,000$30/sqft
    Source: RE/MAX Beyond 2000 Realty Co. #3919225 Report a problem
    2/12/2018Listed for sale$100,000$30/sqft
    Source: RE/MAX Beyond 2000 Realty Co. #3919225 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,863 +0%$57,750
    2024$3,861 -3.9%$57,750 +11.5%
    2023$4,016 +0.6%$51,800
    2022$3,994 +0.9%$51,800 +47.4%
    2021$3,956 -15.4%$35,140 +11.7%
    2020$4,676 +51.8%$31,470 +0%
    2019$3,080 +90.4%$31,460 +85.7%
    2018$1,618 +2.9%$16,940 +9.4%
    2017$1,572 -0.3%$15,480
    2016$1,577 $15,480
    2015$1,577 -11.3%$15,480 -11.9%
    2014$1,778 $17,580
    Find assessor info on the county website

    Neighborhood: Detroit Shoreway

    Nearby schools

    GreatSchools rating
    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
    $217,500
    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
    $217,500