380 N Ridge W Road, Lorain, OH 44053

Lorain
Local realty services provided by:ERA Real Solutions Realty
380 N Ridge W Road,Lorain, OH 44053
$245,000
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  • 5 Beds
  • 3 Baths
  • 4,550 sq. ft.
  • Multi-family
  • Pending
Listed by: sam lofaso, samuel j lofaso iii
Office: lofaso real estate services
MLS#:5192185
Source:OH_NORMLS

Price summary

  • Price:$245,000
  • Price per sq. ft.:$53.85

About this home

Rare 3-unit multi-family opportunity in Lorain County offering both income potential and exceptional flexibility! The first floor features approximately 1,600 square feet of open space, making it ideal for an owner’s suite, home-based business, office space, or conversion into an additional rental unit. The second floor includes two separate units, each offering 2 bedrooms, 1 full bath, an eat-in kitchen, and spacious living areas, totaling approximately 1,100 square feet. Both units were previously rented for around $900 per month (under market value for today's rental pricing), providing strong potential for steady residual income. Situated on 6.24 acres of country property, this parcel offers incredible possibilities for the right buyer- whether you’re looking to expand rental income, run a business, or enjoy the privacy and flexibility of rural living. Conveniently located just off Broadway and State Route 2, this property combines accessibility with space and opportunity. This...

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Home facts

  • Year built:1978
  • Listing ID #:5192185
  • Added:59 day(s) ago
  • Updated:May 15, 2026 at 07:23 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:13
  • Basement:Yes
  • Living area:4,550 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Electric, Forced Air, Gas

Structure and exterior

  • Roof:Asphalt, Fiberglass, Shingle
  • Year built:1978
  • Building area:4,550 sq. ft.
  • Lot area:6.24 Acres
  • Lot Features:Wooded/Treed
  • Construction Materials:Aluminium Siding
  • Exterior Features:Wooded
  • Levels:2 Stories, 2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$245,000
  • Price per sq. ft.:$53.85
  • Tax amount:$2,767 (2025)

Parking

  • Parking description:Attached, Driveway, Garage
  • Garage:Yes
  • Garage spaces:1
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