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$244,000
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Property Description
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.
Full Property Details
Full Property Details for 7948 Lorain Ave
General
- Sold For: $244,000
- Taxes: $3,861 (2024)
- Status: Closed
- Type: Duplex
- Source: 505
- MLS ID: 5155144
- Added to Site: 92 day(s) ago
Interior
- Number of Rooms: 8
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 1
Parking
- Parking Features: Alley Access
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: James M Hoyts Allotment
- Driving Directions: East on Lorain off of West Blvd
School Information
- Elem School District: Cleveland Municipal - 1809
- Midd School District: Cleveland Municipal - 1809
- High School District: Cleveland Municipal - 1809
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Window Unit(s)
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Brick, Other
- Basement: Yes
- Basement Desc.: Full
- Roof: Flat
- Stories/Levels: 2
- Square Feet: 3,292
- Living Area: 3,292 Sq. Ft.
- Finished Above Grnd: 2,204 Sq. Ft.
- Finished Below Grnd: 1,088 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: $3,861
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: 28 HOYT 0464 ALL
- Disclosures/Rstr.: Principal is Real Estate Licensed
- Property ID: 006-06-066
Listed by Keller Williams Greater Metropolitan, Jason M Baran
Sold by EXP Realty, LLC., Jack Krusinski
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Schools
Schools serving 7948 Lorain Ave
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Max S Hayes High School 2211 West 65th Street, Cleveland, OH 44102 | 9-12 | 0.6 mi |
Marion C Seltzer Elementary School 1468 West 98th Street, Cleveland, OH 44102 | PK-8 | 0.8 mi |
Clark School 5550 Clark Avenue, Cleveland, OH 44102 | PK-8 | 0.8 mi |
Almira 3375 West 99th Street, Cleveland, OH 44102 | PK-8 | 0.9 mi |
Waverly Elementary School 1805 West 57th Street, Cleveland, OH 44102 | PK-8 | 1 mi |
Louisa May Alcott Elementary School 10308 Baltic Road, Cleveland, OH 44102 | K-5 | 1.2 mi |
Garrett Morgan School of Engineering & Innovation 4600 Detroit Avenue, Cleveland, OH 44102 | 9-12 | 1.5 mi |
Joseph M Gallagher School 4016 Woodbine Avenue, Cleveland, OH 44113 | PK-8 | 1.5 mi |
Wilbur Wright School 11005 Parkhurst Drive, Cleveland, OH 44111 | PK-8 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7948 Lorain Ave
Date
Details
Price
Change
Source
10/15/2025
Sold
$244,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7948 Lorain Avenue, Loveland, OH 44102 (MLS# 5155144) is a Duplex property that was sold at $244,000 on October 15, 2025. Want to learn more about 7948 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.

