4047 Tacoma Avenue
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10 photos

$120,000

4047 Tacoma Avenue
Lorain, OH 44055
Listed by Sherrie Haas · Russell Real Estate Services
Bedrooms
3
Bathrooms
1
Living area
1,044 sqft
Year built
1954

About this home

Attention investors and savvy buyers! Don’t miss this incredible opportunity to add an immediate, low-stress income producer to your portfolio. This well-maintained home features a fantastic long-term tenant who pays on time every month, with a large portion supported by local housing assistance. Rent is $1,200 per month, tenant pays all utilities, and the property recently passed its Lmha inspection and re-certification. Built on a concrete slab foundation so there is no basement to worry about. Whether you're looking for a hassle-free, day one cash generator or a property with strong long-term market potential, this home is a winner. Call to schedule your private tour today!

Property details

MLS #
5234830
Property type
SingleFamilyResidence
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
August 7, 2026
Stories
1
Garage spaces
N/A
Lot size
0.19 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Helen Steiner Rice ES
0.32 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
273
Student:teacher ratio
15.2:1
District
Lorain City
Middle
Southview Middle School
0.5 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
2.53 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

Mortgage calculator

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Est. monthly payment
$873/mo
$24,000 down
$96,000 loan
Principal & interest$623
Property tax (est.)$100
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 13 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.