$125,000
About this home
Opportunity awaits at this spacious 4-bedroom, 2-bath Cape Cod in Lorain! Offering approximately 1,521 sq. ft. of living space, this home provides plenty of room and a flexible layout for an owner-occupant or investor looking for their next project. Public records indicate a finished attic, living room and family room, giving the home more space than you might expect from the curb. Inside, you’ll find a generously sized living area, updated flooring in portions of the home, and a kitchen featuring blue cabinetry, ample cabinet space and a gas range. The home offers four bedrooms and two baths per county records, providing a strong footprint for renovation and future value. Outside, the property sits on an approximately 50 x 140 lot (.16 acre) with a long driveway leading to a detached 2-car, 528 sq. ft. garage. Vinyl siding and a mostly level yard add to the property’s potential. City water and sewer, gas heat, and a crawlspace foundation round out the home’s features. This a great opportunity for an investor, renovator, or buyer looking to build equity. With 1,521 sq. ft., four bedrooms, two baths and a 2-car garage at $125,000, there is plenty here to work with. Bring your ideas and make this one your own!
Property details
- MLS #
- 5234981
- Property type
- SingleFamilyResidence
- Subdivision
- Peasedale Allotment
- Status
- Active
- Days on market
- 4
- On market date
- August 8, 2026
- Stories
- 1
- Total bathrooms
- 1.5
- Garage spaces
- 2
- Parking spaces
- N/A
- Lot size
- 0.16 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 (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 408
- Student:teacher ratio
- 19.4:1
- District
- Lorain City
- Enrollment
- 369
- Student:teacher ratio
- 14.2:1
- District
- Lorain City
- 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). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.
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 August 12, 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.