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380 N Ridge RD W Lorain, OH 44053
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Key Details
Sold Price $260,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,550 sqft
Price per Sqft $57
Subdivision 30114-Lorain/Clearview
MLS Listing ID 5192185
Sold Date 08/13/26
Bedrooms 5
Full Baths 3
Construction Status Unknown
HOA Y/N No
Abv Grd Liv Area 4,550
Year Built 1978
Annual Tax Amount $2,767
Tax Year 2025
Lot Size 6.241 Acres
Acres 6.2411
Property Sub-Type Triplex
Stories Two
Story Two
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. ***
Location
State OH
County Lorain
Direction South
Rooms
Basement None
Interior
Interior Features Eat-in Kitchen
Heating Electric, Forced Air, Gas
Cooling Other, Window Unit(s)
Fireplace No
Laundry In Unit
Exterior
Parking Features Attached, Driveway, Garage, On Site, Unpaved
Garage Spaces 1.0
Garage Description 1.0
Water Access Desc Public
Roof Type Asphalt,Fiberglass,Shingle
Private Pool No
Building
Lot Description Wooded
Faces South
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Construction Status Unknown
Schools
School District Clearview Lsd - 4704
Others
Tax ID 02-01-003-262-025
Financing Conventional
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Bought with Danielle N Sutcliffe • Keller Williams Greater Metropolitan
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