7937 Lorain Ave, Cleveland, OH 44102 is For Sale

7937 Lorain Ave, Cleveland, OH 44102

4 beds, 2 baths, 1,217 sqft
For Sale
$59,900
Price cut: -$9,100 (7/15)
Zestimate®: $45,399
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My Notes
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good investment property tenant occupied, good money maker
Facts
  • Lot: 2,099 sqft
  • Multi Family
  • Built in 1900
  • 105 days on Zillow
  • Cooling: None
  • Heating: Forced air
  • Last sold: May 2000 for $44,000
  • Price/sqft: $49
  • MLS #: 3625759
Features
  • Parking: 0 space
    Construction
    • Construction quality: 6.0
    • Exterior material: Other
    • Roof type: Asphalt
    • # Stories: 2.0
    • Structure type: Other
    • Unit count: 1
    Other
    • Floor size: 1,217 sqft
    • Last remodel year: 1946
    • Lot depth: 70
    • Lot width: 30
    • Parcel #: 00606075
    • Zillow Home ID: 33334442
    Home Values
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    Zestimate What's this?
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    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

    The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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    $45,399
    +$8,370 Last 30 daysd
    $38K
    $54K
    Zestimate range
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    A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $778/mo
    -$32 Last 30 daysd
    $513
    $1K
    Zestimate range
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    Neighborhood for 7937 Lorain Avenue

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    Zillow predicts Detroit Shoreway home values will increase 2.7% next year, compared to a 3.9% increase for Cleveland as a whole. Among Detroit Shoreway homes, this home is 0.7% less expensive than the midpoint (median) home, but is priced 8.9% more per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In Detroit Shoreway, the number of foreclosures waiting to be sold is 22.6% lower than in Cleveland, and 138.7% higher than the national average. This lower local number could help Detroit Shoreway home values rise more quickly than other regions in Cleveland.

    Learn more about forecast calculations or Detroit Shoreway home values.
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