380 N Ridge Rd Lorain, OH 44053
Property details
About 380 N Ridge Rd
Rare opportunity for Real Estate investors. Several ways to optimize your profits. First floor offers 1,600 square foot open space that can be utilized as a business space or can be refigured for an apartment rental. Second floor has 2 units, 1100 sq feet each with 2 bedrooms each. All three units are vacant. This property is sitting on 6.2 acres. Lots of possibilities. Front of lot is zoned R3 and behind buildings is zones R1B. The house and outbuildings on east side of Triplex are not being sold and there will be a lot split after the purchase agreement is in place. This property is less than one mile from Route 2.
Highlights
Summary
- Full Bathrooms: 3
- Basement: No
- Total Bedroom Count: 5
- Attached Garage: No
- Private Pool: No
- Parking: Additional Parking, Garage
- Heating: Electric, Forced Air, Natural Gas
- Cooling: Wall/Window Unit(s)
- List Price: $250,000
- Price/SqFt: $54
- Directions: State route 2 to Middle Ridge Road. Then north to North Ridge, west on North Ridge Road
- Year Built: 1978
- Stories: 2
- Living Area: 4,550 SqFt
- Lot Size: 6.2 Acres
- MLS Number: 5084757
- MLS Name: NOWDD
- Office Name: The Sweda Group, LLC.
- Office Phone: (440) 654-3132
- Office Email: dianeleeprice@yahoo.com
- Listing Agent: Diane L Price
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Last updated on: 4/30/2025, 5:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$250,000
380 N Ridge Rd
$2,969
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Price information
Property sales
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Tax history
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Nearby schools
3
Garfield Elementary School
Public District PK-5
1.2 mi
•200 W 31st St
4
Toni Wofford Morrison Elementary School
Public District PK-5
1.6 mi
•1830 W 40th St
3
Stevan Dohanos Elementary School
Public District PK-5
1.7 mi
•1625 E 32nd St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $49,703. The most common annual income of people living in Lorain, OH is between $35k-100k. The majority of families are married, no kids. The most common level of education of people living in this area is high school diploma.
This home is located at 380 N Ridge Rd in Lorain, OH and zip code 44053. This 4,550 square foot home, which was built in 1978, sits on a 6.20 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $250,000.
In March 2025 more than 18 listings in Lorain, OH were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 25 were sold below. In March 2025 in Lorain, OH there were 10.6% more homes for sale than in February. Listings spent 52 days on the market in March 2025, and had a median list price of $149,983 during the same period.