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$135,000

2500 E 32nd St Lorain, OH 44055

3 beds
1 full
2,062 sqft
0.1 acres
$65 / sqft
House

Property details

About 2500 E 32nd St

This solid 3-bed, 1-bath home is tenant-occupied through 12/31/25 at $1,350/month, offering immediate cash flow with potential long-term rental stability for investors. The current tenant is interested in staying beyond lease end. Major mechanicals have been updated: furnace mid-life and hot water tank (2021), vinyl windows throughout, and a mid-life roof and a detached garage. A standout feature is the large rear addition with a private entrance — currently used as a rec room, but offering flexible future potential. Located on a quiet residential street with off-street parking. Strong rental performer with low maintenance — ideal for buy-and-hold investors. Please reach out to co-list for additional photos. All information deemed reliable but not guaranteed — buyer to perform their own due diligence regarding condition, layout, and rental terms.

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size2,062 sqft
BasementYes
Lot size0.13 Acres
Year built1902
ParkingDetached, Garage
MLS #5129339
Garage1 space

Summary

  • Full Bathrooms: 1
  • Basement: Yes
  • Total Bedroom Count: 3
  • Garage Space: 1 space
  • Attached Garage: No
  • Private Pool: No
  • Parking: Detached, Garage
  • Exterior: Porch Front
  • Architectural Style: Colonial
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $135,000
  • Price/SqFt: $65
  • Annual Tax Amount: $1,200
  • Tax Year: 2023
  • Directions: Off Tacoma Ave, between E 31 St and Homewood Dr
  • Year Built: 1902
  • Stories: 2
  • Living Area: 2,062 SqFt
  • Lot Size: 0.13 Acres
  • MLS Number: 5129339
  • MLS Name: NOWDD
  • Office Name: RE/MAX Haven Realty
  • Office Phone: (216) 232-2187
  • Office Email: mike@theazzamgroup.com
  • Listing Agent: Michael Azzam

IDXCopyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/26/2025, 7:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Apr 22, 2024
Home Sold
$5,000,000
Apr 05, 2017
Home Sold
$1,637,000
Jul 11, 2005
Home Sold
$45,000

Tax history

YearAssessmentProperty Tax
2023$21,645$1,200
2022$21,640$1,190
2021$21,640$1,133
2020$17,420$1,103
2019$17,427$1,044
2018$17,427$1,045
2017$19,642$1,250

History based on county public records data.

Nearby schools

5

Palm Elementary School

Public District PK-5

0.2 mi

2319 E 34th St

4

Helen Steiner Rice Elementary School

Public District PK-5

0.8 mi

4500 Tacoma Ave

4

Vincent Elementary School

Public District KG-4

1.5 mi

2303 N Ridge Rd E

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $41,774. Typical income of Lorain, OH residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

38%
<35k
52%
35k-100k
10%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

44%
Single, No Kids
26%
Single, with Kids
18%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
12%
12-17 yrs old
21%
18-34 yrs old
39%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Extreme SportsExtreme Sports
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • KmartKmart
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • ChevroletChevrolet
  • BuickBuick
  • RamRam

What do the neighbors listen to?

  • CountryCountry
  • OldiesOldies
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 2500 E 32nd St

The listing price of 2500 E 32nd St property is $135,000.

The property 2500 E 32nd St is a house located in Lorain, Ohio, 44055.

Active Listing: 2500 E 32nd St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 2500 E 32nd St are: Palm Elementary School (GreatSchools Rating 5/10), Helen Steiner Rice Elementary School (GreatSchools Rating 4/10), Vincent Elementary School (GreatSchools Rating 4/10), Southview Middle School (GreatSchools Rating 4/10), Brookside Middle School (GreatSchools Rating 8/10), Durling Middle School (GreatSchools Rating 6/10), Brookside High School (GreatSchools Rating 5/10), Black River Career Preparatory High School (GreatSchools Rating 2/10), Clearview High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $1,200 (source: MLS/based on county public records data).

The last sale was on April 22, 2024 for $5,000,000 (source: MLS/tax record).

The property at 2500 E 32nd St has 3 bedrooms and 1 bathroom.

The property 2500 E 32nd St is 2,062 SqFt (source: MLS/tax record).

The year of construction for 2500 E 32nd St is 1902.

This home is located at 2500 E 32nd St in Lorain, OH and zip code 44055. This 2,062 square foot home, which was built in 1902, sits on a 0.13 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 6, 2025 and is currently priced at $135,000.

In June 2025, from all listings sold in Lorain, OH there were more than 29 sold above asking price, over 28 sold below and more than 7 were sold right at the asked price. In June 2025 in Lorain, OH there were 3.4% less homes for sale than in May. In June 2025, listings were on the market for 43 days. During the same period, the median list price in this real estate market was $150,000.

From Rocket Homes Real Estate and based on county public records data.

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