$245,000

380 N Ridge Road W, Lorain, OH 44053

  • 5 beds |
  • 3 baths |
  • 4,550 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1978
  • Property Lot Size Icon6.24acre lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $54/sqft
  • Property List Date Icon Listed 17 days ago

Property Description

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. ***

Listing Status:
Pending
Data Last Updated:
April 2, 2026 at 7:19AM
Listing Office:
LoFaso Real Estate Services : 330-220-4780
Listing Agent:
Sam LoFaso : 440-342-2945
MLS ID:
5192185
  • General: Eat-in Kitchen
  • Laundry: In Unit
  • Basement: None
  • A/C: OtherWindow Unit(s)
  • Heating: ElectricForced AirGas
  • Parking: AttachedDrivewayGarageOn SiteUnpaved
  • Roofing: AsphaltFiberglassShingle
  • General: Aluminum Siding2
  • Originating MLS: NOWDD_NORM
  • School District: Clearview LSD - 4704
  • County: Lorain
  • Zoning: 02-01-003-262-025
  • Water: Public
  • Sewer: Public Sewer
  • Source: NOWDD_NORM

This listing courtesy of Sam LoFaso , LoFaso Real Estate Services

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Durling Middle School

100 N Ridge Rd W, Lorain, OH, 44053

Grades 5-8

0.12 miles away

D

Durling Middle School

100 N Ridge Rd W, Lorain, OH, 44053

Grades 5-8

0.12 miles away

C

Clearview High School

4700 Broadway, Lorain, OH, 44052

Grades 9-12

0.24 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.