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Detroit-Shoreway

Cleveland, OH

Neighborhood Market Analysis

Q3 2025 Report
$442,472 (Jan 2025)
Median Home Price
Very walkable (Walk Score: 75-85, varies by subarea)
Walkability Score
Public schools generally rated D+ to C; some charter and private options available[2].
School Rating

Location Overview

Neighborhood Boundaries

West: Lake Erie; East: W 45th St; South: Interstate 90; North: Lake Erie shoreline. Includes Gordon Square Arts District, Battery Park, Franklin Blvd-West Clinton Historic District, Eco Village, Lorain Ave Antiques District.

Zip Codes

44102

Market Data Summary

Price Range$220,000 - $600,000+ (varies by property type and proximity to lake or Gordon Square)
Price per Sq FtApprox. $220 - $300/sq ft (varies by property condition and location)
Inventory LevelsModerate; competitive for move-in ready single-family homes and renovated multifamily properties.

Property Characteristics

Home Types & Architecture

Home Types

Small 2-4 unit apartment buildingsVictorian single-family homesTownhousesConverted loftsModern condos

Architectural Styles

VictorianColonial RevivalContemporary infillIndustrial loft conversions

Property Details

Typical Lot Sizes0.05 - 0.15 acres (urban lots, some larger near Battery Park)
Home Age RangeLate 1800s to new construction (2020s)
Construction QualityMix of historic homes (some fully renovated, some in need of updates) and high-quality new builds.

Community Profile

Demographics & Lifestyle

Demographics

Population ~12,235. Diverse, with a high proportion of young professionals, artists, and LGBTQ+ residents (3.6% of households are same-sex couples, among the highest in the US)[4].

Community Vibe

Artistic, inclusive, and vibrant. Strong neighborhood identity centered around Gordon Square Arts District. Active community organizations and events.

Typical Residents

  • Young professionals
  • Artists/creatives
  • Families with children
  • LGBTQ+ individuals
  • Long-term residents

Family Friendly

Ranked #3 in Cleveland for raising a family; good mix of family amenities and urban lifestyle[2][5].

Amenities & Lifestyle

Parks & Recreation

  • • Edgewater Park (beach, trails, fishing, picnic areas)
  • • Gordon Square Arcade
  • • Lake Erie waterfront access

Dining Options

  • • Top-rated restaurants
  • • Trendy bars
  • • Local bakeries
  • • Ethnic eateries

Shopping Centers

  • • Gordon Square retail corridor
  • • Lorain Avenue Antiques District

Local Businesses

  • • Independent coffee shops
  • • Boutique retailers
  • • Art galleries
  • • Antique stores

Education & Schools

Public schools generally rated D+ to C; some charter and private options available[2].
Overall School Rating

Elementary Schools

  • • Waverly Elementary
  • • Louisa May Alcott Elementary

Middle Schools

  • • Garrett Morgan School of Leadership and Innovation

High Schools

  • • Max S. Hayes High School

Private Schools

  • • Near West Intergenerational School
  • • St. Stephen Catholic School

Transportation & Accessibility

Transit & Roads

Public Transit

  • • RTA Red Line (West 65th-Lorain Station)
  • • Multiple RTA bus routes

Major Roads

  • • Detroit Ave
  • • Lorain Ave
  • • Interstate 90

Commute & Walkability

Commute Times10-15 minutes to Downtown Cleveland by car or transit; 25-35 minutes to University Circle.
WalkabilityHigh in Gordon Square and Battery Park; moderate elsewhere.
ParkingOn-street parking common; new developments include off-street parking.

Marketing Intelligence

Target Buyer Types

  • Young professionals
  • Investors
  • LGBTQ+ buyers
  • Artists/creatives
  • Urban families

Key Selling Points

  • Lake Erie views and access
  • Thriving arts and dining scene
  • Historic and modern housing mix
  • Easy downtown commute

Pricing Considerations

Price competitively for condition and location; renovated homes near Gordon Square command premium.

Common Objections & Response Strategies

Objection: Concern about crime rates

Response Strategy:

Highlight active community policing, neighborhood watch, and ongoing improvements. Provide recent crime trend data and compare to other urban neighborhoods.

Objection: School quality

Response Strategy:

Discuss availability of charter and private schools, and proximity to higher-rated options in adjacent neighborhoods.

Objection: Flood or storm risk

Response Strategy:

Explain local adaptation initiatives, flood mitigation infrastructure, and insurance options.

Objection: Parking availability

Response Strategy:

Showcase properties with dedicated parking or proximity to public transit.

Investment Insights

Investment Potential

Appreciation Potential

Strong, driven by ongoing revitalization and proximity to downtown and lakefront.

Rental Demand

High, with 65% of residents renting. Young professionals and artists drive demand for unique rentals[2][4].

Buyer Competition

Moderate to high for renovated homes and multifamily properties.

Best For

  • Investors seeking rental income
  • First-time buyers
  • Young professionals
  • LGBTQ+ buyers
  • Buyers seeking walkable, artsy neighborhoods

Potential Concerns

  • Crime rates
  • School quality
  • Flood risk near lakefront

Professional Recommendations

1

Leverage neighborhood's arts and culture identity in marketing materials.

2

Educate buyers on ongoing safety and environmental initiatives.

3

Network with local businesses and community organizations for referrals.

4

Highlight both historic charm and modern amenities in showings.

5

Stay informed on upcoming development projects and city plans.

Competitive Analysis

Comparable Markets

  • Ohio City
  • Tremont
  • Edgewater

Market Positioning

Trendy, inclusive, and arts-driven urban neighborhood with strong appreciation potential.

Competitive Advantages

  • Lower entry price than Ohio City/Tremont
  • Stronger arts/culture identity
  • Lake access

Price Comparison

Median prices higher than Edgewater, lower than Ohio City/Tremont for similar property types.

Investment Metrics

5.5% - 7% for small multifamily properties (2025)
Cap Rates
Gross yields 7-8% for well-located rentals
Rental Yields
Approx. 19-22 (varies by property type)
Price-to-Rent
Positive cash flow possible with strategic acquisition and management
Cash Flow
5-7% annual appreciation projected through 2026
Appreciation

Buyer Journey Insights

First-Time Buyers

Good entry point for buyers seeking urban lifestyle and appreciation; must weigh school and safety factors.

Move-Up Buyers

Attractive for those seeking larger historic homes or new townhomes with lake views.

Downsizers

Modern condos and walkable amenities appeal, but noise and parking may be concerns.

Investors

Strong rental demand, especially for unique or renovated units; multifamily properties offer best returns.

Relocators

Appealing for those seeking vibrant, diverse, and walkable urban living near downtown.

This neighborhood analysis was generated using hyperlocal data and AI intelligence.

Neighborhood conditions change - consult with local real estate professionals for the most current information.

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