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Renovated Duplex With Finished Loft
For Sale
$129,000

7201 Claasen Ave, Cleveland, OH 44105

Two distinct residences offer private entrances, refreshed kitchens, and separate bedroom layouts.

Property Size2,224 SF
Price / SF$58
Days on Market20

Property Features for 7201 Claasen Ave

General Information

Standard status Active
Size 2,224 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units 2

Building Details

Year Built 1920
Listing Agency: Keller Williams Citywide
Listed By: Mark A Colucci · License #2020004747
Source: Theacclaimedrealty
Added: Aug 11 Changed: Aug 30 Last Checked: Aug 30 at 7:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Citywide

Investment Insights

Based on property information with market context.

This 2,224-square-foot duplex, built in 1920, contains two separate residences with private entrances. The upper unit includes three bedrooms, one full bathroom, and a finished loft that can function as a primary bedroom or flexible living area. The lower unit offers two bedrooms and one full bathroom.

Recent property improvements include interior painting, renovated kitchens, and new carpeting in both units. New furnaces and hot water tanks are scheduled for installation by the seller before closing. The property is located near shopping, schools, parks, and major highways in Cleveland, Ohio.

Key Highlights

  • 2,224‑square‑foot duplex with two separate residences
  • Upper unit has 3 bedrooms, 1 full bathroom, and a finished loft
  • Lower unit includes 2 bedrooms and 1 full bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Gym & Fitness Center Law Firm (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

478
Businesses Nearby

Demographics for 44105, OH

34,100
Population
17,528
Households
1.9
Avg Household Size
38
Median Age
11%
College-Educated
83%
High-School Grad
8.9 sq mi
ZIP Area
3,831
Density / Sq Mi
$38,294
Median Household Income
$32,389
Median Earnings
$888
Median Rent
$56,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two distinct residences offer private entrances, refreshed kitchens, and separate bedroom layouts.
Where is this duplex located?
The property is located at 7201 Claasen Ave Cleveland, OH.
What is the asking price?
The asking price for this property is $129,000.
What are key features of this property?
This property features: 2,224‑square‑foot duplex with two separate residences; Upper unit has 3 bedrooms, 1 full bathroom, and a finished loft; Lower unit includes 2 bedrooms and 1 full bathroom
More about this property
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