1 day on Rocket
$2,255 Closing Credit¹
#5117749, Oliver Moreau, Listing Office: Progressive Urban Real Estate Co
$250,000 List price
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
Copyright 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: 5/30/2025, 8:20:32 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
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.
Neighborhood
The neighbors living near this home have an average income of $49,703. Most Lorain, OH residents have annual incomes between $35k-100k. Typical family type is married, no kids. Most residents in this area have high school diploma education.
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/backpacking
PGA/LPGA
Horse Races
Where do the neighbors shop?
Nordstrom Rack
Stein Mart
Chico's
Where do the neighbors go to eat?
Chipotle
Bonefish Grill
LongHorn Steakhouse
What do the neighbors drive?
Mazda
Lincoln
Buick
What do the neighbors listen to?
Rock
Classical
Contemporary Inspirational
All data provided by Home Junction and Claritas
Similar homes for sale
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 April 2025, from all listings sold in Lorain, OH there were more than 24 sold above asking price, over 28 sold below and more than 11 were sold right at the asked price. In April 2025 in Lorain, OH there were 9% more homes for sale than in March. The median list price of listings available in April 2025 was $150,000, while the average time on the real estate market was 52 days.
From Rocket Homes Real Estate and based on county public records data.