10018 Lorain Avenue, Cleveland, OH 44111

Cleveland
Local realty services provided by:Better Homes and Gardens Real Estate Central
10018 Lorain Avenue,Cleveland, OH 44111
$395,000
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  • 6 Beds
  • 6 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: kylah anthony, asa a cox
Office: glasshouse realty group, llc.
MLS#:5257276
Source:OH_NORMLS

Price summary

  • Price:$395,000

About this home

**Exceptional Income-Producing Investment Opportunity!** Welcome to 10018 Lorain Avenue, a mixed-use investment property offering immediate cash flow and additional income potential in Cleveland! This approximately 10,056-square-foot property features 4 updated residential apartments and 3 commercial storefronts, providing investors with multiple revenue streams under one roof. All four residential apartments have been updated and are currently occupied by HUD-assisted tenants, offering an established rental history and housing assistance payments. One of the three commercial spaces are also occupied, bringing the property's current gross rental income to approximately $5,700 per month, or $68,400 annually! Looking to maximize your return? The third commercial storefront presents an excellent value-add opportunity! With minor cosmetic improvements, including fresh paint, flooring, and updated fixtures, this vacant space has the potential to be tenant-ready and generate...

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Home facts

  • Year built:1920
  • Subdivision & Development:Wensink
  • Listing ID #:5257276
  • Added:7 day(s) ago
  • Updated:November 06, 2026 at 03:34 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:6
  • Full bathrooms:4
  • Half bathrooms:2
  • Basement:Yes

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt, Fiberglass
  • Year built:1920
  • Lot area:0.2 Acres
  • Construction Materials:Brick
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$395,000
  • Tax amount:$8,483 (2025)
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