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$89,900

816 Lexington Ave Lorain, OH 44052

4 beds
1 full
1,616 sqft
0.1 acres
$56 / sqft
House

Property details

About 816 Lexington Ave

Land Contract Opportunity – $89,900. Own this home with just $6,000 down! Seller financing available with a 5-year land contract at 8% APR, based on a 20-year amortization. Estimated monthly payment: $899 (includes seller protection fee and property taxes). Step into this spacious 4-bedroom, 1-bath colonial filled with charm and potential. Start your day on the covered front porch, then enter a welcoming living room featuring a ceiling fan and newer carpeting throughout. The formal dining room flows into a sun-drenched bonus room surrounded by windows—ideal as a reading nook, home office, or playroom. The kitchen offers updated cabinetry and a practical layout. Two bedrooms and a full bath are located on the main floor for added convenience. Upstairs, you'll find two additional bedrooms with closets—perfect for family, guests, or hobbies. A rear mudroom leads to the basement, and the partially fenced yard includes a storage shed. The home also features a private driveway for off-street parking. Located just blocks from downtown Lorain, enjoy close proximity to restaurants, festivals, and Lake Erie attractions. This home is being sold as-is—a great opportunity for buyers ready to build equity and make it their own. Don’t miss your chance at affordable homeownership. Contact your agent for a private showing or apply now at Landlord Leasing's website.

Highlights

Home typeSingle Family Residence
HeatingNatural Gas
StatusActive
CoolingCeiling Fan(s)
Size1,616 sqft
BasementYes
Lot size0.15 Acres
Year built1900
ParkingDriveway
MLS #5126929

Summary

  • Full Bathrooms: 1
  • Basement: Yes
  • Total Bedroom Count: 4
  • Attached Garage: No
  • Private Pool: No
  • Parking: Driveway
  • Architectural Style: Colonial
  • Heating: Natural Gas
  • Cooling: Ceiling Fan(s)
  • List Price: $89,900
  • Price/SqFt: $55
  • Annual Tax Amount: $590
  • Tax Year: 2023
  • Directions: West 8th Street to Lexington Avenue
  • Year Built: 1900
  • Stories: 2
  • Living Area: 1,616 SqFt
  • Lot Size: 0.15 Acres
  • MLS Number: 5126929
  • MLS Name: NOWDD
  • Office Name: Landlord Leasing, Inc.
  • Office Email: landlord@landlordleasing.com
  • Listing Agent: Justin D Hunker

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: 7/24/2025, 2:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jul 27, 2022
Home Sold
$69,900
Nov 07, 2006
Home Sold
$39,900

Tax history

YearAssessmentProperty Tax
2023$11,179$590
2022$11,180$585
2021$11,180$585
2020$9,880$595
2019$9,884$592
2018$9,884$592
2017$9,989$635

History based on county public records data.

Nearby schools

3

Admiral King Elementary School

Public District PK-5

0.2 mi

720 Washington Ave

3

Constellation Schools: Lorain Community Elementary School

Public Charter KG-4

0.4 mi

1110 W 4th St

3

Hawthorne Elementary School

Public District PK-5

0.7 mi

610 W 20th 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 $34,167. The most common annual income of people living in Lorain, OH is less than $<35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

51%
<35k
49%
35k-100k
0%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

47%
Single, No Kids
23%
Single, with Kids
13%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

23%
<11 yrs old
11%
12-17 yrs old
27%
18-34 yrs old
34%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro BoxingPro Boxing
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Burger KingBurger King
  • PopeyesPopeyes
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • BuickBuick
  • DodgeDodge
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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Frequently asked questions

About 816 Lexington Ave

The listing price of 816 Lexington Ave property is $89,900.

The property 816 Lexington Ave is a house located in Lorain, Ohio, 44052.

Active Listing: 816 Lexington Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 816 Lexington Ave are: Admiral King Elementary School (GreatSchools Rating 3/10), Constellation Schools: Lorain Community Elementary School (GreatSchools Rating 3/10), Hawthorne Elementary School (GreatSchools Rating 3/10), Lorain Bilingual Preparatory Academy (GreatSchools Rating 3/10), Constellation Schools: Lorain Community Middle School (GreatSchools Rating 4/10), General Johnnie Wilson 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 $590 (source: MLS/based on county public records data).

The last sale was on July 27, 2022 for $69,900 (source: MLS/tax record).

The property at 816 Lexington Ave has 4 bedrooms and 1 bathroom.

The property 816 Lexington Ave is 1,616 SqFt (source: MLS/tax record).

The year of construction for 816 Lexington Ave is 1900.

This home is located at 816 Lexington Ave in Lorain, OH and zip code 44052. This 1,616 square foot home, which was built in 1900, sits on a 0.15 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 29, 2025 and is currently priced at $89,900.

Lorain, OH housing market in June 2025 saw over 29 listings sold above listed price, more than 7 sold at listed price and over 28 sold below. The number of listings in Lorain, OH decreased by 3.4% between May and June 2025. Listings spent 43 days on the market in June 2025, and had a median list price of $150,000 during the same period.

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

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