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
- 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: 4/4/2025, 11:20:54 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. Residents of Lorain, OH typically earn between $35k-100k each year. Typical family type is married, no kids. Residents of this area typically have high school diploma education.
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.
While more than 18 listings in Lorain, OH in March 2025 were sold above asking price, there were more than 4 listings sold at asking price, and more than 25 were sold below. Between February and March 2025, Lorain, OH real estate market has seen increase in the number of listings by 10.6%. The median list price of listings available in March 2025 was $149,983, while the average time on the real estate market was 52 days.