380 N Ridge W Road, Lorain, OH 44053
Local realty services provided by:Better Homes and Gardens Real Estate Central
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 home is in need of repairs and is being Sold As-Is and priced accordingly. A unique investment with multiple income streams and room to grow- schedule your showing today! ***Note This property is being offered subject to the lot split in the photos and also in the attachments. It will be recorded prior to title transfer. ***...
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Home facts
- Year built:1978
- Listing ID #:5192185
- Added:104 day(s) ago
- Updated:June 28, 2026 at 03:55 PM
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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