3175 Caroline Avenue
Lorain, OH 44055
3
Bed
2
Bath
1,030Sqft
0.09Acre(Lot)
Turnkey investment opportunity on Lorain's east side. This 3-bedroom, 1-bath single-family home offers approx. 1,030 sq ft and is currently tenant-occupied at $982/month, so you'll have cash flow from day one with no vacancy or make-ready costs. The current rent leaves room to grow: comparable 3-bedroom homes in the area are renting well above that figure, which gives a new owner clear upside at lease renewal. It works well as a first rental or as an addition to an existing Lorain County portfolio, with steady rental demand and an accessible price point. Showings by appointment only with 24 hour notice
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 2 Full Baths: 1 Half Baths: 1Room Information
Rooms Total: 7 Has Basement: Yes Basement: Unfinished -
Roofing Information
Asphalt, Shingle -
Interior Features
Roof: Asphalt, Shingle -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Wall/Window Unit(s)
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Building Information
Year Built: 1900 Construction Materials: Aluminum Siding Stories: 2 Private Pool: No
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Lot Information
Main Square Feet: 0.088 Acres Lot Size Acres: 0.088 Lot Size Source: AssessorProperty Information
Subdivision: Stecks 10 Ave Allotment Source Property Type: Residential Property SubType: Single Family Residence Levels: Two Property Age: 126
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Listing Price Information
Listing Price: $89900
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Tax Information
Parcel Number: 03-00-098-116-017 Tax Year: 2025 Annual Tax: $1688 Tax Legal Desc: STECKS 34.11 X 113 LOT # 159
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Parking Information
Gravel
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Location Information
Direction: East on E32 north on caroline WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 4700 Chelsea Drive, Lorain, OH, 44055 | $110,000 | 4 | 1 | -- | 0.10 Acre |
| 4700 Chelsea Drive, Lorain, OH, 44055 | $110,000 | 4 | 1 | -- | 0.10 Acre |
| 4307 Talbot Lane, Lorain, OH, 44055 | $180,000 | 3 | 1 | 1,248 | 0.15 Acre |
| 4047 Tacoma Avenue, Lorain, OH, 44055 | $112,000 | 3 | 1 | 1,044 | 0.19 Acre |
| 3877 Tacoma Avenue, Lorain, OH, 44055 | $137,500 | 3 | 1 | -- | 0.28 Acre |
| 3151 Camden Avenue, Lorain, OH, 44055 | $130,000 | 2 | 1 | 936 | 0.09 Acre |
| 2567 E 38th Street, Lorain, OH, 44055 | $100,000 | 3 | 1 | 2,086 | 0.20 Acre |
| 2440 E 32nd Street, Lorain, OH, 44055 | $110,000 | 4 | 2 | 1,388 | 0.13 Acre |
| 3943 Palm Avenue, Lorain, OH, 44055 | $133,500 | 3 | 1 | 1,929 | 0.17 Acre |
| 2233 E 33rd Street, Lorain, OH, 44055 | $150,000 | 3 | 1 | 1,324 | 0.13 Acre |
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed.
ByOwner last updated this listing 10/05/2026 @ 07:47
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