Property profile

7406 Lorain Ave Cleveland, OH 44102

OFF-MARKET
Residential income homes
Property ID
US66-1913118
2,182 SF 0.11 ac lot Built 1880
Entity Owned 9-yr Hold
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Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1880
Construction WOOD
Total area 2,182 SF
Lot 0.11 ac (4,620 SF)
Zoning code LR
APN 006-07-079
UPID US66-1913118

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7406 Lorain Ave Cleveland, OH 44102-4246
Cleveland metro Census 101800 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2017
2 recorded transactions
2017
$23,000
2014
$23,000

Zoning & alternative use

LR · Cleveland, OH

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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