12722 Lorain Avenue, Cleveland, OH 44111

Building Details

Year Built 1900 More

Buildings 1 More

Listing Agency: HomePoint Real Estate Show Phone

Listed By: Bassel B Bahhur Show Phone

Source: Kimberlysrealtycorp

Added: Aug 12 Changed: Nov 6 Last Checked: Nov 6 at 3:38AM

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Investment Insights

Based on property information with market context.

Built in 1900, this Cleveland multifamily property contains four units. All are occupied under month-to-month tenancies. Heating and cooling improvements include newer furnaces and updates to the central air systems.

Key Highlights

• Four‑unit multifamily property
• All four units are occupied on month‑to‑month tenancies
• Newer furnaces

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Location Intelligence

Trade Area within ½ mile

709

Businesses Nearby

Explore this area Business Placement

Demographics for 44111, OH

41,045

Population

19,041

Households

2.2

Avg Household Size

38

Median Age

25%

College-Educated

85%

High-School Grad

6.5 sq mi

ZIP Area

6,315

Density / Sq Mi

$54,790

Median Household Income

$38,151

Median Earnings

$938

Median Rent

$130,000

Median Home Value

Market

Average Price Trend$/SF for Quadplexes in Cleveland, OH

$76.66 Jul

$68.79 Aug

$74.51 Sep

$92.78 Oct

Properties on Market for Quadplexes in Cleveland

Jul

Aug

Sep

Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Quadplex - Four apartments are leased month to month, and the building has newer furnaces and central air updates.

Where is this quadplex located?

The property is located at 12722 Lorain Avenue Cleveland, OH.

What is the asking price?

The asking price for this property is $349,900.

What are key features of this property?

This property features: Four‑unit multifamily property; All four units are occupied on month‑to‑month tenancies; Newer furnaces