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Image 1 - 7950 Lake Avenue, Cleveland, OH 44102, USA - House for sale
Image 2 - 7950 Lake Avenue, Cleveland, OH 44102, USA - House for sale
Image 3 - 7950 Lake Avenue, Cleveland, OH 44102, USA - House for sale
Image 4 - 7950 Lake Avenue, Cleveland, OH 44102, USA - House for sale
Image 5 - 7950 Lake Avenue, Cleveland, OH 44102, USA - House for sale
Image 6 - 7950 Lake Avenue, Cleveland, OH 44102, USA - House for sale
Image 7 - 7950 Lake Avenue, Cleveland, OH 44102, USA - House for sale
Image 8 - 7950 Lake Avenue, Cleveland, OH 44102, USA - House for sale
Image 9 - 7950 Lake Avenue, Cleveland, OH 44102, USA - House for sale
Home For Sale In Cleveland, Ohio
7950 Lake Avenue, Cleveland, OH 44102, USA

Home For Sale In Cleveland, Ohio

house for sale
Listed: 03/15/24

7950 Lake Avenue, Cleveland, OH 44102, USA

Studio Bed:
4,224 Sq Ft Living Area:
Save
Price
$ 299,000

About This House

Build whatever you can dream! This sizable property sits adjacent to Gordon Square, 78th Street Studios and down the street from Edgewater Park. The land is zoned commercial and is in the overlay district, meaning it can be designed to be 4 stories over podium. Build your dream home (and multi-car garage) or build your dream investment property (the land can fit 4-5 townhomes, as an example). See photos and supplements for architectural drawings and more. The owner has architectural drawings for a 2-unit building plus carriage house / garage; and also a 5-unit townhome layout. The current building on the property would require significant renovations or can be torn down -- Seller has more information on tear down; inquire if interested. Zoning is commercial and is also in the new form-based code overlay district.

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West Eighties Housing & Living

Household Income

Median household income: $29,953
Number of households: 173,025
The average household income in Cleveland, OH grew from $28,974 to $29,953 in the past year. This data is an estimate based upon 173,025 households in Cleveland, OH.
The chart below presents how household income is distributed in Cleveland, OH in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Cleveland, OH compared to median property taxes around the country. The prevalent amount of property taxes in Cleveland, OH equals $800-$1,500 , which is less than the national average.