7948 Lorain Avenue, Cleveland, OH 44102

$244,000
1
BD
2
BA
3,292
SqFt

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Sold Price
$244,000
List Price
$225,000
Status
CLOSED
Days on Market
36
Closing Date
Oct 15, 2025
MLS#
5155144
Subtype
Residential Income
Year Built
1905
Bedrooms
1
Bathrooms
2
Full Baths
2
Living Area
3,292
Acres
0.11
Subdivision
James M Hoyts Allotment
Neighborhood
James M Hoyts Allotment
MLS Area Major
Cleveland

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.

Additional Information

Taxes
$3,861
Heating
Forced Air
Air Conditioning
Central Air, Window Unit(s)
Stories
2
Levels
Two
Roof
Flat
Parking Features
Alley Access
School District
Cleveland Municipal - 1809

Listing Courtesy of: Jason M Baran, jason.baran@kw.com With Keller Williams Greater Metropolitan

Selling Office: EXP Realty, LLC..

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