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380 N Ridge Road W, Lorain, OH 44053

$245,000
  • 380 N Ridge Road W, Lorain, OH 44053 Main Photo
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New to the Market Active
BEDS5 BATHS3 full SQUARE FEET4,550 MLS#5192185
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISION30114-Lorain/Clearview SCHOOLClearview Local

Property Description

Rare 3-unit multi-family opportunity in Lorain County offering both income potential and exceptional flexibility! The first floor features approximately 1,600 square feet of open space, making it ideal for an owner's suite, home-based business, office space, or conversion into an additional rental unit. The second floor includes two separate units, each offering 2 bedrooms, 1 full bath, an eat-in kitchen, and spacious living areas, totaling approximately 1,100 square feet. Both units were previously rented for around $900 per month (under market value for today's rental pricing), providing strong potential for steady residual income. Situated on 6.24 acres of country property, this parcel offers incredible possibilities for the right buyer- whether you're looking to expand rental income, run a business, or enjoy the privacy and flexibility of rural living. Conveniently located just off Broadway and State Route 2, this property combines accessibility with space and opportunity. This home is in need of repairs and is being Sold As-Is and priced accordingly. A unique investment with multiple income streams and room to grow- schedule your showing today! ***Note This property is being offered subject to the lot split in the photos and also in the attachments. It will be recorded prior to title transfer. ***

380 N Ridge Road W | MLS# 5192185

This multi-family property located at 380 N Ridge Road W, Lorain, OH 44053 is currently listed for sale with an asking price of $245,000. N Ridge Road W is located within the Clearview Local school district. Search Lorain real estate on www.keytohomepropertygroup.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Cooling: Other, Window Unit(s)
Garage: 1 car attached
Heating: Electric, Forced Air, Gas
Lot Size: 6.24 Acres
Roof Type: Asphalt, Fiberglass, Shingle
Stories: 2.0
Taxes: $2,767 / year
Year Built: 1978

Amenities

Eat-in Kitchen

Feature Descriptions

Days on Site: 1
Exterior: Aluminum Siding
Laundry: In Unit
Lot: Wooded
Parcel#: 02-01-003-262-025
Parking: Attached, Driveway, Garage, On Site, Unpaved
Sewer: Public Sewer
Water: Public

Local Schools

School District: Clearview Local

Listed By / Shown By

Listed By

Agency Name: LoFaso Real Estate Services
Agency Contact: 330-220-4780, sold@samlofaso.com

Shown By

Agent Name: Jay Mattlin
Agent Phone: Cell: (740) 974-4190
Agency Title: Key Realty

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Estimated Payment

$ 1,672.50 per month $1,370.46 Principal & Interest $230.58 Property Tax $71.46 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 03/18/2026. The listing information on this page last changed on 03/18/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 03/18/2026 12:00:59 AM EST) or MichRic (Michigan Regional Information Center) (last updated Tue 03/17/2026 11:17:31 PM EST) or Metrolist - RECOLORADO by MLSGRID (last updated Tue 03/17/2026 11:34:29 PM EST) or NIRA MLS (last updated Tue 03/17/2026 11:04:47 PM EST) or RealComp MLS (last updated Tue 03/17/2026 11:45:34 PM EST) or Dayton MLS (last updated Tue 03/17/2026 11:46:32 PM EST) or NORIS MLS (last updated Tue 03/17/2026 11:14:12 PM EST) or IRES MLS (last updated Tue 03/17/2026 11:47:03 PM EST) or Colorado Real Estate Network IDX (last updated Tue 03/17/2026 7:05:53 PM EST) or CBRMLS (last updated Tue 03/17/2026 11:59:28 PM EST) or Multiple Listing Service of Greater Cincinnati (last updated Tue 03/17/2026 11:53:34 PM EST) or Terrehaute MLS (last updated Tue 03/17/2026 11:56:16 PM EST) or Pikes Peak REALTORR Services Corp (last updated Tue 03/17/2026 11:45:10 PM EST) or Stellar MLS (last updated Tue 03/17/2026 11:44:11 PM EST) or NKY MLS (last updated Tue 03/17/2026 11:28:19 PM EST) or Wrist MLS (last updated Tue 03/17/2026 11:24:18 PM EST) or Firelands MLS (last updated Tue 03/17/2026 11:11:30 PM EST) or LCAR MLS (last updated Tue 03/17/2026 10:50:12 AM EST) or West Central MLS (last updated Tue 03/17/2026 9:50:01 PM EST) or Fort Myers (last updated Tue 03/17/2026 11:04:36 PM EST) or Aspen/Glenwood Springs MLS (last updated Tue 03/17/2026 9:32:29 PM EST) or Northern Nevada Regional MLS (last updated Tue 03/17/2026 11:56:43 PM EST) or MLS NOW (last updated Tue 03/17/2026 11:57:29 PM EST) or Northern Great Lakes Association of Realtors (last updated Tue 03/17/2026 11:49:10 PM EST) or Mansfield MLS (last updated Tue 03/17/2026 11:47:13 PM EST) or Metropolitan Indianapolis Board of Realtors (last updated Tue 03/17/2026 11:51:13 PM EST) or Grand Junction MLS (last updated Tue 03/17/2026 11:37:10 PM EST) or Knox County MLS (last updated Tue 03/17/2026 11:08:12 PM EST) or IRMLS (last updated Tue 03/17/2026 11:11:59 PM EST) or Pueblo MLS (last updated Tue 03/17/2026 11:43:52 PM EST) or Upper Peninsula MLS (last updated Tue 03/17/2026 11:10:11 PM EST) or Greater Lansing MLS (last updated Tue 03/17/2026 10:35:21 PM EST) or SEBAR MLS (last updated Tue 03/17/2026 11:39:16 PM EST) or Water Wonderland MLS (last updated Tue 03/17/2026 10:52:37 PM EST) or Eastern Upper Peninsula MLS (last updated Tue 03/17/2026 11:59:08 PM EST) or Scioto Valley MLS (last updated Tue 03/17/2026 10:02:36 PM EST) or Northern Michigan MLS (last updated Tue 03/17/2026 9:36:09 PM EST). Real estate listings held by brokerage firms other than Key Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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