SingleFamilyResidence at 431 Idaho Avenue, Lorain
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21 photos

$50,000

431 Idaho Avenue
Lorain, OH 44052
Listed by Mathew P Chase · Keller Williams Greater Metropolitan
Bedrooms
2
Bathrooms
1
Living area
792 sqft
Year built
1920

About this home

Investor opportunity in Lorain - Bring your vision and expertise to this 2 Bedroom/1 Bath ranch. This property is a true fixer-upper and is being offered as an opportunity for investors, rehabbers, and buyers looking to add value through renovation. The single-level layout offers a straightforward footprint with potential for a solid rental, resale, or value-add project. The home needs significant updating and repairs, making it best suited for a buyer comfortable taking on a full renovation.

Property details

MLS
NOWDD
MLS #
5240358
Property type
SingleFamilyResidence
Subdivision
Fair Home Allotment
Status
Active
Days on market
N/A
On market date
August 28, 2026
Stories
1
Total bathrooms
1
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.1607 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

ElementaryCharter
Lorain Bilingual Preparatory Academy
0.86 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
286
Student:teacher ratio
16.8:1
District
Lorain Bilingual Preparatory Academy
Middle
Longfellow Middle School
0.45 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
369
Student:teacher ratio
14.2:1
District
Lorain City
HighCharter
Summit Academy School - Lorain
0.13 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
87
Student:teacher ratio
12.4:1
District
Summit Academy School - Lorain

Walkability

Blended score for Lorain's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

57
Somewhat walkable
out of 100
EPA National Walkability Index
6.3 / 20 -- Below average walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores3
Parks9
Schools8
Transit stops8
Pharmacies2

Market position

How this listing compares to current activity in Lorain, from live MLS data.

On the market 0 days -- 64 fewer days than Lorain's current average of 64 days.
For reference, the median list price across 253 active listings in Lorain right now is $158,750.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$451/mo
$10,000 down
$40,000 loan
Principal & interest$259
Property tax (est.)$42
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated August 28, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.