$220,000
About this home
Great Investment Opportunity in Lorain! Discover the potential of this well-located triplex, offering three separate living units and an excellent opportunity to generate rental income while building long-term investment value. The property features two lower-level units and one spacious upstairs unit: Upstairs Unit: 3 bedrooms and 1.5 bathrooms, Lower Front Unit: 2 bedrooms and 2 bathrooms, Lower Rear Unit: 1 bedroom and 2 bathrooms. The property has seen several recent updates, including nearly all replacement windows installed in 2022 and a new flat roof installed in 2023. Additional property features include a common basement laundry room and a detached two-car garage in the rear, providing valuable off-street parking and additional storage. Conveniently located near local amenities, shopping, dining, and major roadways, this property offers plenty of possibilities for investors. Whether you're an experienced investor looking to expand your portfolio or an owner-occupant seeking additional rental income, this Lorain triplex is worth a look. With multiple units, recent improvements, separate utilities, and a two-car garage, this property offers a variety of possibilities for its next owner.
Property details
- MLS
- NOWDD
- MLS #
- 5247598
- Property type
- Triplex
- Subdivision
- Cornwells Add
- Status
- Active
- Days on market
- 1
- On market date
- October 2, 2026
- Stories
- 2
- Total bathrooms
- 3.5
- Garage spaces
- 2
- Parking spaces
- N/A
- Lot size
- 0.1194 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
- 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). 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 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.