SingleFamilyResidence at 3175 Caroline Avenue, Lorain
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$89,900

3175 Caroline Avenue
Lorain, OH 44055
Listed by Daniel Josselson · Real of Ohio
Bedrooms
3
Bathrooms
1.5
Living area
1,030 sqft
Year built
1900

About this home

Turnkey investment opportunity on Lorain's east side. This 3-bedroom, 1-bath single-family home offers approx. 1,030 sq ft and is currently tenant-occupied at $982/month, so you'll have cash flow from day one with no vacancy or make-ready costs. The current rent leaves room to grow: comparable 3-bedroom homes in the area are renting well above that figure, which gives a new owner clear upside at lease renewal. It works well as a first rental or as an addition to an existing Lorain County portfolio, with steady rental demand and an accessible price point. Showings by appointment only with 24 hour notice

Property details

MLS
NOWDD
MLS #
5250075
Property type
SingleFamilyResidence
Subdivision
Stecks 10 Ave Allotment
Status
Active
Days on market
N/A
On market date
October 2, 2026
Stories
2
Total bathrooms
1.5
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.088 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.

Elementary
Garfield Elementary School
0.34 mi away · Grades -1-5
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
198
Student:teacher ratio
13.2:1
District
Lorain City
Middle
Durling Middle School
1.05 mi away · Grades 5-8
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
459
Student:teacher ratio
14.8:1
District
Clearview Local
High
Clearview Local Schools
1.12 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
Not yet rated
Local Score not yet available for this school
Enrollment
20
District
Clearview Local

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).

56
Somewhat walkable
out of 100
EPA National Walkability Index
6.3 / 20 -- Below average walkable
Google Places amenity density
93 / 100
Restaurants & cafes9
Grocery stores6
Parks6
Schools6
Transit stops20
Pharmacies3

Market position

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

On the market 0 days -- 65 fewer days than Lorain's current average of 65 days.
For reference, the median list price across 254 active listings in Lorain right now is $158,375.

Mortgage calculator

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

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Adjust tax / insurance estimates
% / yr
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/mo
Est. monthly payment
$691/mo
$17,980 down
$71,920 loan
Principal & interest$466
Property tax (est.)$75
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 14 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.