3815 Lorain Ave Cleveland, OH 44113-3710
Property profile & analytics
3815 Lorain Ave Cleveland, OH 44113-3710
- Warehouses
- 3,480 SF
- 0.09 lot acres
Property ID
US66-6109500
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Lorain Chemists Inc. / Pharmacy
Property Details for 3815 Lorain Ave
- Year built
- 1910
- Construction
- WOOD
- Lot size
- 0.09 lot acres
- Property size
- 3,480 SF
- Zone code
- LR
- Property type
- Warehouses
- APN
- 007-05-007
- APU
- 705007
Description
This exceptional multifamily investment opportunity presents a charming two-story, 3,480 square foot apartment building situated on a 0.206-acre lot in Cleveland, Ohio. Built in 1910, the property is classified as a Class C multifamily building and features four units: three residential apartments and one ground-level retail space. The property's address is 3815 Lorain Avenue, zip code 44113, and is located in the desirable Ohio City neighborhood, within walking distance of West 25th Street's vibrant amenities, including the West Side Market, Pins Mechanical Co, INTRO Cleveland, and Great Lakes Brewing Company. Its proximity to Downtown Cleveland provides easy access to major attractions such as professional sports venues, Jack Casino, the Great Lakes Science Center, and the Rock and Roll Hall of Fame. The property is zoned LR-D3 and has two stories. The asking price is $400,000. Note that an adjacent parking lot at 3801 Lorain Avenue is available for purchase separately. The property's APN is 00705007, 00705008. This presents a unique opportunity to acquire a well-located multifamily property in a rapidly growing area.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.7122
- Latitude
- 41.4805
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,539
$7,530
$42,630
$50,160
-
$21,500
$121,800
$143,300
