$94,900

723 E St Lorain, OH 44052

$1,127
Closing credit¹
2 beds
1 full
0.08 acres
House

Property details

About 723 E St

Discover this fantastic investment opportunity on Lorain's desirable east side! This well-maintained vinyl-sided property features updated vinyl windows and numerous recent improvements. Currently generating $1,100 per month in rental income, with the owner covering water, sewer, and trash services, while the tenant is responsible for all other utilities and provides their own appliances. Don't miss out on this income-producing gem—schedule your showing today before it's gone!

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
BasementYes
Lot size0.08 Acres
Year built1923
ParkingDriveway
MLS #5096954

Summary

  • Full Bathrooms: 1
  • Basement: Yes
  • Total Bedroom Count: 2
  • Attached Garage: No
  • Private Pool: No
  • Parking: Driveway
  • Architectural Style: Colonial
  • Heating: Forced Air
  • Cooling: None
  • List Price: $94,900
  • Annual Tax Amount: $937
  • Tax Year: 2023
  • Directions: Take I-90 to exit 145A for OH-57 S toward Lorain and continue on Broadway Ave for about 4 miles. Turn left onto E 8th St, then right onto E St; 723 E St, Lorain, OH 44052, will be on your left.
  • Year Built: 1923
  • Lot Size: 0.08 Acres
  • MLS Number: 5096954
  • MLS Name: NOWDD
  • Office Name: Walnut Creek Realty, LLC.
  • Office Phone: (216) 785-2345
  • Listing Agent: Matthew P Klein

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: 5/9/2025, 2:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

bungalow-style house with covered porch and a front yard

$94,900

723 E St

$1,127

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

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$17,756$937
2022$17,750$906
2021$17,750$906
2020$14,340$885
2019$14,340$837
2018$14,340$838
2017$12,650$784

History based on county public records data.

Nearby schools

3

Admiral King Elementary School

Public District PK-5

0.9 mi

720 Washington Ave

3

Constellation Schools: Lorain Community Elementary School

Public Charter KG-4

0.9 mi

1110 W 4th St

5

Larkmoor Elementary School

Public District PK-5

1.2 mi

1201 Nebraska Ave

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 $45,333. Most Lorain, OH residents have annual incomes less than $<35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

44%
<35k
33%
35k-100k
23%
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?

55%
Single, No Kids
16%
Single, with Kids
19%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
8%
12-17 yrs old
21%
18-34 yrs old
44%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Horse RacesHorse Races
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • BurlingtonBurlington
  • Stein MartStein Mart
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • LongHorn SteakhouseLongHorn Steakhouse
  • ChipotleChipotle

What do the neighbors drive?

  • DodgeDodge
  • BuickBuick
  • MazdaMazda

What do the neighbors listen to?

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

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Frequently asked questions

About 723 E St

The listing price of 723 E St property is $94,900.

The property 723 E St is a house located in Lorain, Ohio, 44052.

Active Listing: 723 E St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 723 E St are: Admiral King Elementary School (GreatSchools Rating 3/10), Constellation Schools: Lorain Community Elementary School (GreatSchools Rating 3/10), Larkmoor Elementary School (GreatSchools Rating 5/10), Longfellow Middle School (GreatSchools Rating 5/10), Lorain Bilingual Preparatory Academy (GreatSchools Rating 3/10), Constellation Schools: Lorain Community Middle School (GreatSchools Rating 4/10), Lorain High School (GreatSchools Rating 3/10), Horizon Science Academy Lorain (GreatSchools Rating 4/10), Clearview High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $937 (source: MLS/based on county public records data).

The property at 723 E St has 2 bedrooms and 1 bathroom.

The sq. ft. of 723 E St is not available (source: MLS/tax record).

The year of construction for 723 E St is 1923.

This home is located at 723 E St in Lorain, OH and zip code 44052. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 30, 2025 and is currently priced at $94,900.

In April 2025 more than 24 listings in Lorain, OH were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 28 were sold below. In April 2025 in Lorain, OH there were 9% more homes for sale than in March. In April 2025 median list price was $150,000 and the average listing age was 52 days.

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

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