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  • $260,000

    380 N Ridge Rd W, Lorain, OH 44053

    5beds
    4,550sqft
    Triplex, Multi Family
    Built in 1978
    -- sqft lot
    $260,200 Zestimate®
    $57/sqft
    $1,426 Estimated rent

    Home value

    $260,200

    $247,000 - $273,000

    $1,426/mo

    Zestimate® history
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    $1,426/mo

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    $1,426/mo

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    $1,703/mo

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    $1,703/mo

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    What's special

    Office spaceTwo separate unitsEat-in kitchen
    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. ***

    Zillow last checked:

    Listing updated:

    Listed by:

    Sam LoFaso 330-220-4780 sold@samlofaso.com,

    LoFaso Real Estate Services,

    Samuel J LoFaso III 330-635-4846,

    LoFaso Real Estate Services

    Bought with:

    Danielle N Sutcliffe, 2019002962

    Keller Williams Greater Metropolitan

    Source: MLS Now,MLS#: 5192185MLS LogoOriginating MLS: Medina County Board of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Electric, Forced Air, Gas
    Cooling
    • Other, Window Unit(s)
    Appliances
    • Laundry: In Unit
    Features
    • Eat-in Kitchen
    • Basement: None
    Interior area
    • Total structure area: 4,550
    • Total interior livable area: 4,550 sqft
    • Finished area above ground: 4,550

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached, Driveway, Garage, On Site, Unpaved
    • Attached garage spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 6.24 Acres
    • Features: Wooded
    Details
    • Parcel number: 0201003262025

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Multi Family
    Materials
    • Aluminum Siding
    • Roof: Asphalt,Fiberglass,Shingle
    Condition
    • Unknown
    • Year built: 1978

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: 30114-Lorain/Clearview
    Location
    • Region: Lorain

    Financial & listing details

    • Price per square foot: $57/sqft
    • Annual tax amount: $2,767
    • Date on market: 3/16/2026
    • Cumulative days on market: 9 days
    • Tenant pays: All Utilities

    Price history

    DateEventPrice
    8/13/2026Sold$260,000+6.1%$57/sqft
    Source: MLS Now #5192185 Report a problem
    3/26/2026Pending sale$245,000$54/sqft
    Source: MLS Now #5192185 Report a problem
    3/16/2026Listed for sale$245,000-2%$54/sqft
    Source: MLS Now #5192185 Report a problem
    11/13/2025Listing removed$250,000$55/sqft
    Source: MLS Now #5084757 Report a problem
    4/19/2025Listed for sale$250,000$55/sqft
    Source: MLS Now #5084757 Report a problem
    4/10/2025Pending sale$250,000$55/sqft
    Source: MLS Now #5084757 Report a problem
    3/20/2025Price change$250,000-6%$55/sqft
    Source: MLS Now #5084757 Report a problem
    11/14/2024Listed for sale$265,900+11.3%$58/sqft
    Source: MLS Now #5084757 Report a problem
    8/23/2024Listing removed--
    Source: MLS Now #5019088 Report a problem
    7/22/2024Price change$239,000-19%$53/sqft
    Source: MLS Now #5019088 Report a problem
    4/26/2024Price change$295,000-13.2%$65/sqft
    Source: MLS Now #5019088 Report a problem
    2/22/2024Listed for sale$340,000$75/sqft
    Source: MLS Now #5019088 Report a problem
    9/19/2018Listing removed$1,200
    Source: Howard Hanna #4028298 Report a problem
    8/15/2018Listed for rent$1,200
    Source: Howard Hanna #4028298 Report a problem

    Public tax history

    Tax history is unavailable.
    Find assessor info on the county website

    Neighborhood: 44053

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Clearview LSD - 4704

    Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $260,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $260,200