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$59,900 Just Listed
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Property Description
Mixed-use investment opportunity in Cleveland's 44105 area! 7601 Union Ave features a retail/commercial storefront on the first level with two residential apartment units above, offering strong income-producing potential for investors looking for a value-add opportunity. The upper units include a 1-bedroom studio apartment and a spacious 2-bedroom apartment, creating multiple streams of rental income from one property. The property has experienced water damage due to a burst pipe during the winter and will require repairs and renovation, making it ideal for investors, contractors, or buyers looking for a rehab project with upside potential. Conveniently located near major roadways, public transportation, and local businesses, this property offers excellent potential for a fix-and-hold or redevelopment strategy. Opportunities like this are perfect for investors looking to expand their portfolio and build long-term cash flow in Cleveland's growing investment market.
Full Property Details
Full Property Details for 7601 Union Ave
General
- Price: $59,900
- Taxes: $1,025 (2025)
- Status: Active
- Type: Retail
- Source: 505
- MLS ID: 5213591
- Updated: 6/4/2026
- Added to Site: 1 day(s) ago
Parking
- Garage: Yes
- Parking Features: Detached, Garage
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Morgan
- Driving Directions: Union Ave to East 76th St. No utilities are on. Selling as-is. Please email all offers to kquawanbrown@kw.com
School Information
- Elem School District: Cleveland Municipal - 1809
- Midd School District: Cleveland Municipal - 1809
- High School District: Cleveland Municipal - 1809
Heating & Cooling
- Heating Type: Forced Air, Hot Water, Steam
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Current Bldg. Use: Vacant
- Year Built: 1920
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.1003
- Lot Size: .1003
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $1,025
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: 323 MORGAN S/L 18 19 0017 WP
- Property ID: 125-36-025
Listed by Keller Williams Greater Metropolitan, Kquawan Brown
Get Pre-Approved Today
Schools
Schools serving 7601 Union Ave
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Mound Elementary School, Cleveland, OH 5935 Ackley Road, Cleveland, OH 44105 | PK-8 | 0.8 mi |
Albert Bushnell Hart 3900 East 75th Street, Cleveland, OH 44105 | K-8 | 0.8 mi |
Anton Grdina 2955 East 71st Street, Cleveland, OH 44104 | PK-8 | 1 mi |
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 8.2 mi |
Jane Addams Business Careers High School 2373 East 30th Street, Cleveland, OH 44115 | 9-12 | 2.7 mi |
John Hay Early College High School 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 2.9 mi |
John Hay School Of Science & Medicine 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 2.9 mi |
Miles Park School 4090 East 93rd Street, Cleveland, OH 44105 | PK-8 | 1.3 mi |
Nathan Hale School 3588 Martin Luther King Junior Drive, Cleveland, OH 44105 | PK-8 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7601 Union Ave
Date
Details
Price
Change
Source
6/04/2026
Listed
$59,900
498.46%
MLS
8/03/2016
Sold
$10,009
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7601 Union Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,023
—
$9,910
-3%
2023
$1,023
—
$10,230
—
2022
$1,020
—
$10,230
—
2021
$1,023
6%
$10,220
10%
2020
$965
6%
$9,280
—
2019
$908
-24%
$9,280
—
2018
$1,195
-34%
$9,280
8%
2017
$1,798
106%
$8,580
—
2016
$872
—
$8,580
—
2015
$874
-19%
$8,580
-20%
2014
$1,078
2%
$10,710
—
2013
$1,062
—
$10,710
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7601 Union Ave
7601 Union Avenue, Loveland, OH 44105 (MLS# 5213591) is a Retail property. 7601 Union Avenue is currently listed for $59,900 and was received on June 04, 2026. Want to learn more about 7601 Union Avenue? Do you have questions about finding other Retail real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

