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4217 Riverside Drive

Lorain, OH 44055
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Bed 3

Bed

Bath 1

Bath

SqFt1,024

Sqft

Acres0.15

Acre(Lot)

Add a cash-flowing asset to your portfolio with this occupied 3-bedroom, 1-bath ranch in Lorain. The property is currently rented for $1,355 per month with a long-term tenant in place and a lease secured through October 2027, providing immediate and reliable rental income. The home features a functional layout with a spacious living room and eat-in kitchen. Outside, a patio overlooks the large backyard, offering added appeal for tenants. Conveniently located near Helen Steiner Rice Elementary School and just minutes from Homewood Park, Days Dam Waterfall, and the Black River Reservation, the property offers easy access to outdoor recreation, walking trails, and green space. Nearby shopping, dining, and major roadways further enhance its desirability for tenants. Whether you're looking to e xpand your rental portfolio or acquire a property with established income, this investment opportunity offers stable cash flow and long-term income potential.

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Detail Ic Property Details

Property Type : Residential

Price : $133,500

AD Id : 81589651

MLS Id : 5217023

Beds : 3

Lot Size : 0.15 Acre

Living Area Size : 1,024

Year Built : 1956

Garage : 1

County : Lorain

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Map

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Room Information

    Rooms Total: 6
  • Roofing Information

    Asphalt, Asbestos Shingle, Fiberglass
  • Interior Features

    Roof: Asphalt, Asbestos Shingle, Fiberglass
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1956 Construction Materials: Aluminum Siding Stories: 1 Private Pool: No

  • Lot Information

    Main Square Feet: 0.15 Acres Lot Size Acres: 0.15 Lot Size Source: Assessor

    Property Information

    Subdivision: Homewood Source Property Type: Residential Property SubType: Single Family Residence Levels: One Property Age: 70

  • Listing Price Information

    Listing Price: $133500

  • Tax Information

    Parcel Number: 03-00-079-126-025 Tax Year: 2025 Annual Tax: $2873 Tax Legal Desc: HOMEWOOD 3 60 X 115 LOT # 00692

  • Parking Information

    Detached, Garage

    Garage Information

    Has Garage: Yes Garage Space: 1

  • Location Information

    Direction: Leavitt Rd to Meister Rd, north on Riverside Dr. Property on right. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4700 Chelsea Drive, Lorain, OH, 44055 $130,000 4 1 --
4700 Chelsea Drive, Lorain, OH, 44055 $130,000 4 1 1,144 1,144 SqFt
2440 E 32nd Street, Lorain, OH, 44055 $145,000 4 2 1,388 1,388 SqFt
4061 Gregus Avenue, Lorain, OH, 44055 $129,900 3 1 864 864 SqFt
2044 E 29th Street, Lorain, OH, 44055 $180,000 4 1 --
1816 E 34th Street, Lorain, OH, 44055 $115,000 5 2 --
3901 Dale Avenue, Lorain, OH, 44055 $99,000 3 1 1,116 1,116 SqFt
1745 E 30th Street, Lorain, OH, 44055 $189,000 4 2 1,469 1,469 SqFt
5211 Hecock Avenue, Lorain, OH, 44055 $119,900 3 2 1,374 1,374 SqFt
1685 E 36th Street, Lorain, OH, 44055 $139,900 3 2 1,123 1,123 SqFt

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 06/09/2026 @ 05:53

MLS: 5217023 LISTED BY: Rakesh Baniya, Cleveland Property Management Group, LLC. 440-461-0050 SOURCE: MLS Now

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