5236 Lorain AVE, Cleveland, OH 44102
5236 Lorain AVE, Cleveland, OH 44102
5236 Lorain AVE, Cleveland, OH 44102
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$229,000
Est. payment /mo
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5 Beds
2 Baths
2,972 SqFt
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5236 Lorain AVE Cleveland, OH 44102

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Christine Revay

Christine Revay

+1(440) 376-4181

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,972 sqft

Price per Sqft $77

Subdivision Benedict & Root Allotment

MLS Listing ID 5203415

Bedrooms 5

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 2,972

Total Fin. Sqft 2972

Year Built 1870

Annual Tax Amount $4,683

Tax Year 2025

Lot Size 5,018 Sqft

Acres 0.1152

Property Sub-Type Duplex

Property Description

Welcome to this beautiful well-maintained duplex in the heart of the city, The Ohio City Neighborhood located at 5236 Lorain Ave. The spacious with high ceilings multi-family property offers almost 3,000 sq feet of living space making it an excellent opportunity for investors or owner-occupants. The basement great for storage is 1425 sq feet. The upper unit features 3 generously sized bedrooms and 2 full bathrooms offering ample space and comfort. The lower unit includes 2 bedrooms and full bathroom providing a functional and inviting layout. Both units offer bright living areas, well-proportioned rooms and plenty of natural light throughout with stunning hardwood floors. Additional highlights include a full basement, ideal for storage or potential additional use and has plenty of off-street parking in back great. Prime location for parking. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this versatile property is a must -see. This property brings in $30,000 a year and operates for less than $10,000. It is fully occupied and requires at least 48 hours notice for showing.

Location

State OH

County Cuyahoga

Direction South

Rooms

Basement Common Basement, Full

Interior

Heating Forced Air

Cooling Wall/Window Unit(s)

Fireplace No

Window Features Blinds,Insulated Windows

Appliance Dryer, Dishwasher, Range, Refrigerator, Washer

Laundry In Unit

Exterior

Parking Features Gravel

Pool None

Water Access Desc Public

Roof Type Asphalt

Garage false

Private Pool No

Building

Lot Description Back Yard

Faces South

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 002-31-016

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan

Special Listing Condition Standard

VOW - Northern Ohio Regional MLS (YES-MLS) /MLS Now
Listed by Daniel B Cull IV • Progressive Urban Real Estate Co • danbcull@gmail.com, 216-218-4716
Nearby Locations

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Christine Revay

Christine Revay

Agent | License ID: 2022007949

+1(440) 376-4181

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5236 Lorain AVE