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$155,000 Just Listed
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Property Description
Opportunity on Lorain Ave! This large brick double offers over 2,500 square feet of living space with a current 4-bedroom, 2-bath configuration and plenty of room to add value. The upstairs unit is tenant occupied at $820/month, providing immediate income, while the first-floor unit was recently vacated and is nearly move-in ready with some TLC. The oversized footprint creates additional upside for an investor looking to improve rents and long-term value, with potential to reconfigure or add an additional bedroom. Similar multifamily properties in the area have sold above $200,000, making this an attractive opportunity for an investor looking to force appreciation through relatively straightforward improvements. Solid brick construction, strong square footage, existing rental income, and a vacant unit ready for finishing touches make 7944 Lorain Ave a compelling addition to a rental portfolio or value-add investment strategy. Property is being sold as-is. End buyers only, no wholesale contracts, no creative financing.
Full Property Details
Full Property Details for 7944 Lorain Ave
General
- Price: $155,000
- Taxes: $2,222 (2025)
- Status: Active
- Type: Duplex
- Source: 505
- MLS ID: 5229096
- Updated: 8/28/2026
- Added to Site: Today
Interior
- Number of Rooms: 13
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: In Unit
Parking
- Garage: Yes
- Garage Spaces: 3
- Parking Features: Driveway
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: James M Hoyts Allotment
- Driving Directions: Lorain Ave
School Information
- Elem School District: Cleveland Municipal - 1809
- Midd School District: Cleveland Municipal - 1809
- High School District: Cleveland Municipal - 1809
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full
- Roof: Asphalt
- Stories/Levels: 2
- Square Feet: 2,548
- Living Area: 2,548 Sq. Ft.
- Finished Above Grnd: 2,548 Sq. Ft.
- Year Built: 1905
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.1061
- Lot Size: .1061
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $2,222
- Tax Year: 2025
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Legal Description: 28 HOYT 0463 ALL
- Disclosures/Rstr.: Principal is Real Estate Licensed
- Property ID: 006-06-065
Listed by Keller Williams Living, Michael L Magno
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Schools
Schools serving 7944 Lorain Ave
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Halle 7901 Halle Avenue, Cleveland, OH 44102 | PK-8 | 0.3 mi |
Max S Hayes High School 2211 West 65th Street, Cleveland, OH 44102 | 9-12 | 0.6 mi |
Clark School 5550 Clark Avenue, Cleveland, OH 44102 | PK-8 | 0.8 mi |
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 3.2 mi |
Lincoln West School Of Global Studies 3202 West 30th Street, Cleveland, OH 44109 | 9-12 | 2 mi |
Rhodes Schools of Environmental Studies 5100 Biddulph Avenue, Cleveland, OH 44144 | 9-12 | 3 mi |
John Marshall School of Business and Civic Leadership 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 3.2 mi |
Marion C Seltzer Elementary School 1468 West 98th Street, Cleveland, OH 44102 | PK-8 | 0.8 mi |
Almira 3375 West 99th Street, Cleveland, OH 44102 | PK-8 | 0.9 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 7944 Lorain Ave
Date
Details
Price
Change
Source
8/28/2026
Listed
$155,000
—
MLS
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 7944 Lorain Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,222
—
$33,215
—
2024
$2,221
—
$33,220
129%
2023
$2,221
98%
$14,530
—
2022
$1,120
1%
$14,530
—
2021
$1,110
12%
$14,530
30%
2020
$987
8%
$11,170
—
2019
$914
—
$11,170
—
2018
$911
-1%
$11,170
2%
2017
$924
1%
$10,930
—
2016
$917
—
$10,930
—
2015
$916
-5%
$10,930
-5%
2014
$962
1%
$11,490
—
2013
$951
—
$11,490
—
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 7944 Lorain Ave
7944 Lorain Avenue, Loveland, OH 44102 (MLS# 5229096) is a Duplex property with 4 bedrooms and 2 full bathrooms. 7944 Lorain Avenue is currently listed for $155,000 and was received on August 28, 2026. Want to learn more about 7944 Lorain Avenue? Do you have questions about finding other Duplex real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

