3934 Gary Avenue, Lorain, OH 44055
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by: majdey taye, elizabeth m vangorder
Office: re/max transitions
MLS#:5143895
Source:OH_NORMLS
Price summary
- Price:$159,900
- Price per sq. ft.:$59.49
About this home
Welcome to 3934 Gary Avenue, a spacious duplex located in the Homewood subdivision of Lorain. This property offers an excellent opportunity for investors looking for steady rental income with strong long-term potential. Featuring two large units, each side offers approximately 1,344 square feet of comfortable living space with a practical layout. Every unit includes 2 bedrooms, 1 full bath, a sizable living room with hardwood floors, a functional kitchen, and access to a full private basement with laundry hookups and plenty of storage. Currently, both units are tenant-occupied on month-to-month leases, bringing in a combined monthly income of $1,500, making this a true turnkey investment. The home has been thoughtfully updated with a new roof in 2019, new furnaces in 2019, and energy-efficient systems that help reduce long-term maintenance costs. Tenants pay all utilities, including gas, electric, water, sewer, & trash, while the owner is only responsible for property taxes, which helps keep operating expenses low. Both units feature wood flooring in bedrooms and living areas, vinyl flooring in the bathrooms, and glass block windows in the basements for natural light and durability. Outside, the home has vinyl siding, a full covered front porch, a long paved driveway offering off-street parking, and additional street parking for convenience. The backyard is generously sized, partially fenced, landscaped, and includes a storage shed, providing outdoor space & functionality. With unfinished basements for each unit, there is ample room for storage or potential to enhance for future value. Located close to shopping, restaurants, schools, and major highways, the property is well-positioned to attract consistent rental demand. With reliable income, separate utilities, and key updates already in place, this duplex is a fantastic addition to any portfolio. Don’t miss your chance to own a solid, income-producing property in Lorain with room for growth and long-term returns!...
Contact an agent
Home facts
- Year built:1949
- Listing ID #:5143895
- Added:209 day(s) ago
- Updated:March 31, 2026 at 07:17 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:10
- Kitchen Description:Range, Refrigerator
- Basement:Yes
- Basement Description:Full, Sump Pump, Unfinished
- Living area:2,688 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt, Shingle
- Year built:1949
- Building area:2,688 sq. ft.
- Lot area:0.17 Acres
- Lot Features:Cleared
- Construction Materials:Vinyl Siding
- Exterior Features:Cleared
- Levels:2 Stories, 2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$159,900
- Price per sq. ft.:$59.49
- Tax amount:$2,013 (2024)
Features and amenities
- Appliances:Range, Refrigerator
- Amenities:Carbon Monoxide Detectors, Smoke Detectors
Parking
- Parking description:Driveway, Outside Parking, Paved
New listings near 3934 Gary Avenue
- Open Thu, 5 to 7pmNew
$439,900Active4 beds 3 baths2,132 sq. ft.4330 Weathervane Drive, Lorain, OH 44053
MLS# 5197092Listed by: CENTURY 21 ASA COX HOMES - New
$155,000Active4 beds 2 baths2,274 sq. ft.508 W 23rd Street, Lorain, OH 44052
MLS# 5195958Listed by: KELLER WILLIAMS CITYWIDE - New
$449,900Active4 beds 4 baths3,364 sq. ft.6062 White Tail Lane, Lorain, OH 44053
MLS# 5196808Listed by: RUSSELL REAL ESTATE SERVICES - New
$84,999Active6 beds 2 baths802 W 9th Street, Lorain, OH 44052
MLS# 5181036Listed by: THE HOLTON-WISE PROPERTY GROUP LLC - New
$99,900Active3 beds 1 baths1,296 sq. ft.124 E 32nd Street, Lorain, OH 44055
MLS# 5196447Listed by: RE/MAX ABOVE & BEYOND - New
$525,000Active4 beds 5 baths4,012 sq. ft.4863 Deer Run Drive, Lorain, OH 44053
MLS# 5196644Listed by: JMG OHIO - New
$110,000Active3 beds 1 baths930 sq. ft.4608 Gary Avenue, Lorain, OH 44055
MLS# 5196544Listed by: RUSSELL REAL ESTATE SERVICES - New
$384,900Active4 beds 3 baths2,642 sq. ft.4195 Jenee Drive, Lorain, OH 44053
MLS# 5195990Listed by: KELLER WILLIAMS ELEVATE - New
$343,000Active4 beds 3 baths2,224 sq. ft.7004 Fallow Way, Lorain, OH 44053
MLS# 5196114Listed by: CENTURY 21 ASA COX HOMES - New
$214,900Active4 beds 2 baths1,620 sq. ft.2966 Cleveland Boulevard, Lorain, OH 44052
MLS# 5196003Listed by: LOFASO REAL ESTATE SERVICES