SingleFamilyResidence at 2567 E 38th Street, Lorain
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18 photos

$100,000

2567 E 38th Street
Lorain, OH 44055
Listed by Jessica Presutto · RE/MAX Crossroads Properties
Bedrooms
3
Bathrooms
1
Living area
2,086 sqft
Year built
1947

About this home

This 3-bedroom, 1-bath home is full of potential for the right buyer! Whether you're looking for your next rental property, fix-and-flip project, or investment opportunity, this home offers solid possibilities at an affordable price point. The property does need some TLC and cosmetic updates, but with some vision and effort, it could truly shine again. One of the standout features is the huge fenced-in yard, offering plenty of space for pets, outdoor entertaining, gardening, or future improvements. Convenient layout, generous living space, and endless potential make this one worth a look for investors and handy buyers alike.

Highlights

Fireplace

Property details

MLS #
5215545
Property type
SingleFamilyResidence
Subdivision
Homewood Add
Status
Active
Days on market
51
On market date
June 11, 2026
Stories
2
Total bathrooms
1
Garage spaces
1
Parking spaces
N/A
Lot size
0.2 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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Palm Elementary School
0.39 mi away · Grades -1-5
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
279
Student:teacher ratio
15.5:1
District
Lorain City
Middle
Southview Middle School
0.61 mi away · Grades 6-8
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
455
Student:teacher ratio
15.7:1
District
Lorain City
High
Brookside High School
2.39 mi away · Grades 9-12
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
459
Student:teacher ratio
17.0:1
District
Sheffield-Sheffield Lake 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).

47
Somewhat walkable
out of 100
EPA National Walkability Index
6.3 / 20 -- Below average walkable
Google Places amenity density
70 / 100
Restaurants & cafes4
Grocery stores6
Parks5
Schools5
Transit stops14
Pharmacies0

Market position

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

On the market 51 days -- 4 fewer days than Lorain's current average of 55 days.
For reference, the median list price across 168 active listings in Lorain right now is $147,450.

Mortgage calculator

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

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Est. monthly payment
$752/mo
$20,000 down
$80,000 loan
Principal & interest$519
Property tax (est.)$83
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated August 20, 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.