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2331 Homewood Drive

Lorain, OH 44055
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Bed 4

Bed

Bath 2

Bath

SqFt2,688

Sqft

Acres0.17

Acre(Lot)

Great opportunity to own a spacious duplex in Lorain! Each unit offers a functional layout with an eat-in kitchen, living room, two bedrooms, and one full bathroom. One side features newer LVP flooring and new countertops, while the other side boasts new stained wood floors, an updated bathroom, and solar panels. Both units offer comfortable living spaces with convenient laundry access in the basement. A large rear parking area provides plenty of off-street parking. Whether you're looking to expand your investment portfolio or owner-occupy one unit while generating rental income from the other, this duplex offers versatility and value.

Detail Ic Property Details

Property Type : Residential Income

Price : $140,000

AD Id : 91032639

MLS Id : 5242387

Beds : 4

Lot Size : 0.17 Acre

Living Area Size : 2,688

Tax Amount : 1793.00

Year Built : 1949

County : Lorain

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Rooms Total: 10 Has Basement: Yes Basement: Full, Unfinished
  • Roofing Information

    Asphalt, Fiberglass
  • Interior Features

    Roof: Asphalt, Fiberglass
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Wall Unit(s)

  • Building Information

    Year Built: 1949 Construction Materials: Vinyl Siding Stories: 2 Private Pool: No

  • Lot Information

    Main Square Feet: 0.1722 Acres Lot Size Acres: 0.1722 Lot Size Source: Assessor

    Property Information

    Subdivision: Homewood Source Property Type: Residential Income Property SubType: Duplex Levels: Two Property Age: 77

  • Listing Price Information

    Listing Price: $140000 Cash, Conventional, FHA, VA Loan

  • Tax Information

    Parcel Number: 03-00-080-104-014 Tax Year: 2025 Annual Tax: $1793 Tax Legal Desc: HOMEWOOD 50.00 X 150.00 LOT # 157

  • Parking Information

    Unpaved

  • Location Information

    Direction: 1 block East of Rt. 57 WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3177 Elyria Avenue, Lorain, OH, 44055 $120,000 4 2 -- 0.10 Acre
2394 Elyria Avenue, Lorain, OH, 44055 $128,000 4 2 -- 0.19 Acre

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 09/05/2026 @ 13:34

MLS: 5242387 LISTED BY: Michael Terrigno, Russell Real Estate Services 440-572-3100 SOURCE: MLS Now

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