$95,000
About this home
Opportunity meets value in this updated 2-bedroom colonial located in Lorain! This move-in ready home offers 1,040 sq ft above grade plus a full basement, delivering both comfort and functionality at an affordable price point. Step inside to find fresh paint throughout and a bright, welcoming layout featuring a spacious living room, formal dining room, and an eat-in kitchen with newer cabinets and countertops that provide both style and practicality for everyday living. The second floor hosts two generously sized bedrooms and a full bath, creating a comfortable and efficient layout ideal for a variety of living situations. Major updates have already been completed, including a roof approximately 4 years old, windows just 3 years old, and a waterproofed basement with a new sump pump installed about 2 years ago—providing added confidence for the next owner. The full basement offers additional storage space and includes laundry, with washer and dryer staying, and the dryer currently electric but easily convertible to gas. Additional interior features include double-pane windows, ceiling fans, and forced air gas heating for year-round comfort. Outside, enjoy a covered front porch perfect for relaxing, along with a manageable yard and a storage shed for extra convenience. The lot offers a mix of open space and light landscaping, making maintenance simple while still allowing room to personalize. Located on a quiet street with sidewalks, street lights, and public utilities, this home is well-positioned near local amenities, shopping, and dining. With low annual taxes, this property presents an excellent opportunity for both owner-occupants and investors seeking a solid rental or portfolio addition. Whether you’re looking for an affordable place to call home or your next investment, this well-maintained and thoughtfully updated property is ready for its next chapter.
Highlights
Property details
- MLS
- NOWDD
- MLS #
- 5190270
- Property type
- SingleFamilyResidence
- Subdivision
- David Wallace Add
- Status
- Active
- Days on market
- 149
- On market date
- May 6, 2026
- Stories
- 2
- Total bathrooms
- 1
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.08 acres
Location
Get directions →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.
- Enrollment
- 250
- Student:teacher ratio
- 14.7:1
- District
- Lorain City
- Enrollment
- 112
- Student:teacher ratio
- 28.0:1
- District
- Constellation Schools: Lorain Community Middle
- Enrollment
- 103
- Student:teacher ratio
- 20.6:1
- District
- Lorain City
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).
Market position
How this listing compares to current activity in Lorain, from live MLS data.
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 15 days ago.
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.