Pending

380 N Ridge Road

Lorain, OH 44053
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Bed 5

Bed

Bath 3

Bath

SqFt4,550

Sqft

Acres6.24

Acres(Lot)

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, r un 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. ***

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Detail Ic Property Details

Property Type : Residential Income

Price : $245,000

AD Id : 76175755

MLS Id : 5192185

Beds : 5

Lot Size : 6.24 Acres

Living Area Size : 4,550

Year Built : 1978

Garage : 1

County : Lorain

Subdivision: Pinellas Park

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Rooms Total: 13 Basement: None
  • Roofing Information

    Asphalt, Fiberglass, Shingle
  • Interior Features

    Eat-in Kitchen Roof: Asphalt, Fiberglass, Shingle Laundry Features: In Unit
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Electric, Forced Air Has Cooling: Yes Cooling: Other, Window Unit(s)

  • Building Information

    Year Built: 1978 Construction Materials: Aluminum Siding Stories: 2 Private Pool: No

  • Lot Information

    Main Square Feet: 6.2411 Acres Lot Size Acres: 6.2411 Lot Size Source: Owner Lot Description: Wooded

    Property Information

    Subdivision: 30114-Lorain/Clearview Source Property Type: Residential Income Property SubType: Triplex Direction Faces: South Levels: Two Property Age: 48

  • Listing Price Information

    Listing Price: $245000

  • Tax Information

    Parcel Number: 02-01-003-262-025 Tax Year: 2025 Annual Tax: $2767

  • Parking Information

    Attached, Driveway, Garage, On Site, Unpaved

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 1

  • Location Information

    Direction: St. Rt. 2 Broadway/Middle Ridge Exit. North on Broadway to Left at North Ridge Road. Just West of Clearview School. WaterSource: Public
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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 06/14/2026 @ 06:43

MLS: 5192185 LISTED BY: Sam LoFaso, LoFaso Real Estate Services 330-220-4780 SOURCE: MLS Now

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