37384 Detroit RoadAvon, OH 44011

37384 Detroit RoadAvon, OH 44011

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$725,000 Active
Multi Unit - Multiple MLS 5192197 New to the Market
7 beds 4 full baths 1 partial baths

Listed By

Agency Name: Berkshire Hathaway HomeServices Lucien Realty
Agency Contact: chris@chrisbergin.com, 216-244-7175

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Historic Estate Living with Built-In Income A Rare Dual-Home Opportunity in Avon! Welcome to 37384 Detroit Road in Avon, Ohio?a truly rare property where historic charm, modern luxury, and exceptional investment potential come together on nearly one acre of land in one of Northeast Ohio's most desirable communities. Originally constructed in the 1850s, this remarkable property features two beautifully restored single-family homes offering over 3,500 square feet of combined living space. Each residence was thoughtfully renovated and modernized in 2023, preserving the architectural character and craftsmanship of the original homes while introducing the comfort and convenience of modern living. Inside, you'll find timeless historic details, warm character, and stylish contemporary updates throughout?blending old-world charm with modern kitchens, updated baths, and refreshed mechanical systems designed for today's lifestyle. Beyond its beauty, the property offers exceptional financial opportunity. Currently generating more than $6,000 per month in rental income, this estate presents a flexible opportunity for: ? House hacking live in one home while the other helps pay your mortgage ? Multigenerational living keep family close while maintaining privacy ? Turnkey investment continue operating as a strong income-producing property ? Part-time Cleveland residence with built-in rental income Set on nearly an acre, the grounds provide a peaceful setting rarely found so close to the center of Avon. The location offers the best of small-town walkability with big-city convenience?just steps from Avon High School, parks, restaurants, and local shops. This is more than a home?it's a lifestyle, a legacy property, and a smart investment all in one.

37384 Detroit Road | MLS# 5192197

This multi-family property located at 37384 Detroit Road, Avon, OH 44011 is currently listed for sale with an asking price of $725,000. Detroit Road is located within the Avon Local school district. Search Avon real estate on 542snivelyavenuenw.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: Central Air
Days on Market: 1
Heating: Forced Air, Gas
Lot Size: 0.87 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $5,955 / year
Year Built: 1852

Feature Descriptions

Appliances: Dryer, Dishwasher, Range, Refrigerator, Washer
Exterior: Wood Siding
Laundry: Main Level
Parcel#: 04-00-011-101-007
Parking: Driveway
Sewer: Public Sewer
Water: Public

Local Schools

School District: Avon Local

Demographics

Lorain County Demographic Information for 37384 Detroit Road, Avon, OH 44011
Fips
Fips Code 39093
Population
2020 to 2023 Change up 1.6%
2010 Count 301,356
2020 Count 312,964
2023 Estimate (V2023) 317,910
2020 Estimate (V2023) 312,956
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 21.4%
18 to 64 53.4%
65 and Older 19.9%
Gender
Male 49.6%
Female 50.4%
Place of Birth
Foreign 2.8%
US 97.2%
Education
High School Graduate, Age 25+ 91.2%
Bachelor's Degree or Higher, Age 25+ 27.2%
Computer and Internet use
Households with a computer 93.8%
Households with a broadband Internet subscription 84.5%
Language
English is Second Language, Age 5+ 7.0%
English is First Language, Age 5+ 93.0%
Veterans
Veterans 17,970
Income
Per Capita Income $37,171
Median Household Income $67,272
People in Poverty 12.8%
Commute
Average Work Commute Time 26 minutes
Housing
Total Housing Units 136,666
Households 124,510
Average Household Size 2.45
Owner-Occupied 72.9%
Multi-Family 17.0%
Owner-Occupied Median Value $191,900
Median selected monthly owner costs -with a mortgage $1,474
Median selected monthly owner costs -without a mortgage $591
Median gross rent $886
Building Permits
New Private Housing Issued 2023 987
Years at Residence
1 Year or More 90.0%
Less Than 1 Year 10.0%
Business and Employment
Private non-farm Establishments 5,574
Private non-farm Employment 83,286
Private non-farm Employment Growth 0.0%
Nonemployer Establishments 21,027
Number of Firms 20,914
Business Production
Value of Shipments $6,058,884,000
Wholesale Trade $2,315,415,000
Retail Trade $3,875,576,000
Retail Sales Per Capita $12,297
Accommodation and Food Services $444,363,000
Land
Land Area 491.10 sq. miles
Population Per Square Mile 614

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 4,244.99 per month $3,537.28 Principal & Interest $496.25 Property Tax $211.46 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage