$250,000

380 N Ridge Rd Lorain, OH 44053

$2,969
Closing credit¹
5 beds
3 full
4,550 sqft
6.2 acres
$55 / sqft
Multi-Family

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

Home typeTriplex
HeatingElectric, Forced Air, Natural Gas
StatusActive
CoolingWall/Window Unit(s)
Size4,550 sqft
Lot size6.2 Acres
Year built1978
ParkingAdditional Parking, Garage
MLS #5084757

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

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: 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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view of front property with a front lawn

$250,000

380 N Ridge Rd

$2,969

closing credit¹

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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.

All data from GreatSchools

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.

How much money do the neighbors make?

29%
<35k
57%
35k-100k
12%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

33%
Single, No Kids
7%
Single, with Kids
44%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
7%
12-17 yrs old
12%
18-34 yrs old
45%
35-64 yrs old
26%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • PGA/LPGAPGA/LPGA
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Stein MartStein Mart
  • Chico'sChico's

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Bonefish GrillBonefish Grill
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • MazdaMazda
  • LincolnLincoln
  • BuickBuick

What do the neighbors listen to?

  • RockRock
  • ClassicalClassical
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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.

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

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