SingleFamilyResidence at 2425 Reeves Avenue, Lorain
SingleFamilyResidence at 2425 Reeves Avenue, Lorain, photo 2 of 5
SingleFamilyResidence at 2425 Reeves Avenue, Lorain, photo 3 of 5
SingleFamilyResidence at 2425 Reeves Avenue, Lorain, photo 4 of 5
SingleFamilyResidence at 2425 Reeves Avenue, Lorain, photo 5 of 5
5 photos

$89,900

2425 Reeves Avenue
Lorain, OH 44052
Listed by Cheryl R Repko · RE/MAX Transitions
Bedrooms
3
Bathrooms
1
Living area
1,362 sqft
Year built
1961

About this home

Investor opportunity with immediate income and upcoming availability! This 3-bedroom ranch offers 912 sq. ft. plus a full basement and is currently rented at $1,100 per month. Long-term tenant has given notice and plans to vacate November 30, giving the new owner flexibility for future improvements and rental plans. Major improvements include roof replacement (tear off) in Sept. '26, plus replacement windows, and a newer furnace in recent years. Annual real estate taxes are approximately $1,306. An affordable opportunity to add to your rental portfolio with several major improvements already completed!

Property details

MLS
NOWDD
MLS #
5249096
Property type
SingleFamilyResidence
Subdivision
Park Plan Allotment Add 01
Status
Active
Days on market
6
On market date
October 10, 2026
Stories
1
Total bathrooms
1
Garage spaces
1
Parking spaces
N/A
Lot size
0.1607 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
Frank Jacinto Elementary
0.12 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
271
Student:teacher ratio
14.3:1
District
Lorain City
Middle
General Johnnie Wilson Middle School
0.89 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
453
Student:teacher ratio
17.4:1
District
Lorain City
High
New Beginnings
0.36 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
103
Student:teacher ratio
20.6:1
District
Lorain 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).

54
Somewhat walkable
out of 100
EPA National Walkability Index
8.0 / 20 -- Below average walkable
Google Places amenity density
75 / 100
Restaurants & cafes13
Grocery stores2
Parks6
Schools9
Transit stops0
Pharmacies1

Market position

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

On the market 6 days -- 59 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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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 8 hr 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.