$285,000

338 Oberlin Ave Lorain, OH 44052

$3,384
Closing credit¹
6 beds
3 full, 3 partial
2,592 sqft
0.2 acres
$110 / sqft
Multi-Family

Property details

About 338 Oberlin Ave

Investment opportunity by Lake Erie! This property features three spacious units, each offering 2 bedrooms and 1.5 bathrooms. Two of the three units are currently occupied by long-term tenants, 338 and 340. 342 is vacant. There is a spacious parking lot out front. Each unit has access to the shared backyard as well as a storage unit. Conveniently located to parks, shopping, restaurants, and downtown Lorain. Schedule your showing today!

Highlights

Home typeTriplex
HeatingBaseboard
StatusActive
CoolingCeiling Fan(s), Window Unit(s)
Size2,592 sqft
Lot size0.16 Acres
Year built1980
ParkingParking Lot
MLS #5123088

Summary

  • Partial Bathrooms: 3
  • Full Bathrooms: 3
  • Appliances: Range, Refrigerator
  • Basement: No
  • Total Bedroom Count: 6
  • Attached Garage: No
  • Private Pool: No
  • Parking: Parking Lot
  • Exterior: Storage
  • Heating: Baseboard
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • List Price: $285,000
  • Price/SqFt: $109
  • Annual Tax Amount: $1,974
  • Tax Year: 2023
  • Lot: Back Yard
  • Directions: S. off of W. Erie Ave. Located behind the K-Cream Ice Cream Shop
  • Year Built: 1980
  • Stories: 2
  • Living Area: 2,592 SqFt
  • Lot Size: 0.16 Acres
  • MLS Number: 5123088
  • MLS Name: NOWDD
  • Office Name: The Swanzer Agency
  • Office Phone: (440) 865-5822
  • Office Email: amanda@swanzer.com
  • Listing Agent: Amanda Warner

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: 5/16/2025, 6:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of property featuring covered porch

$285,000

338 Oberlin Ave

$3,384

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$37,374$1,974
2022$37,380$1,958
2021$37,380$1,957
2020$33,050$1,992
2019$33,044$1,981
2018$33,044$1,982
2017$29,799$1,896

History based on county public records data.

Nearby schools

3

Constellation Schools: Lorain Community Elementary School

Public Charter KG-4

0.1 mi

1110 W 4th St

3

Admiral King Elementary School

Public District PK-5

0.3 mi

720 Washington Ave

3

Hawthorne Elementary School

Public District PK-5

1.1 mi

610 W 20th St

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 $48,636. The most common annual income of people living in Lorain, OH is between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

40%
<35k
46%
35k-100k
14%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

48%
Single, No Kids
21%
Single, with Kids
19%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
10%
12-17 yrs old
22%
18-34 yrs old
41%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Church's ChickenChurch's Chicken
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • ChevroletChevrolet
  • BuickBuick
  • KiaKia

What do the neighbors listen to?

  • RockRock
  • Urban Adult ContemporaryUrban Adult Contemporary
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 338 Oberlin Ave in Lorain, OH and zip code 44052. This 2,592 square foot home, which was built in 1980, sits on a 0.16 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since May 15, 2025 and is currently priced at $285,000.

Over 24 listings were sold over their listed price in April 2025 in Lorain, OH. In the same period over 28 listings were sold below the listed price and 11 listings were sold for the listed price. The number of listings in Lorain, OH increased by 9% between March and April 2025. Listings spent 52 days on the market in April 2025, and had a median list price of $150,000 during the same period.

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

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