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  • $54,000

    1336 Lakeview Ave, Lorain, OH 44053

    2beds
    709sqft
    Single Family Residence
    Built in 1930
    3,920 Square Feet Lot
    $55,200 Zestimate®
    $76/sqft
    $1,042 Estimated rent

    Home value

    $55,200

    $52,000 - $59,000

    $1,042/mo

    Zestimate® history
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    What's special

    Updated hot water tankFully fenced backyardCharming original wood windowsNewer lvp flooringGlass block windows
    Here is your chance to become a real estate investor overnight! This 2-bedroom, 1-bath home in Lorain offers an excellent opportunity to generate immediate rental income in a convenient location near schools, shopping, dining, and major roadways. Built in 1930, the property retains its charming original wood windows while featuring newer LVP flooring throughout the living room, dining room, hallway, bathroom, and bedrooms—reducing immediate maintenance needs. The fully fenced backyard provides privacy and tenant appeal, with additional value-add potential for investors through the addition of a detached garage or outdoor improvements. The basement is equipped with glass block windows and an updated hot water tank (2024), enhancing the property’s functionality and value. Currently tenant-occupied at $950/month on a month-to-month lease, with tenants responsible for all utilities and expenses, this property delivers immediate cash flow with minimal landlord involvement. Sold as-is, it’s perfect for investors seeking a turnkey rental or a stable income property in a solid rental market. Full-service property management available with dedicated departments for leasing, marketing, and tenant communication—ideal for remote investors! Reach out to learn more!

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Azzam 216-232-2187 mike@theazzamgroup.com,

    RE/MAX Haven Realty

    Bought with:

    Melissa A Porter, 2013001215

    Howard Hanna

    Source: MLS Now,MLS#: 5165323MLS LogoOriginating MLS: Akron Cleveland Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Heating
    • Forced Air
    Cooling
    • Other
    Appliances
    • Laundry: In Basement
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 709
    • Total interior livable area: 709 sqft
    • Finished area above ground: 709

    Property

    Parking
    • Parking features: Driveway
    • Has garage: Yes
    Features
    • Levels: One and One Half
    • Stories: 1
    • Fencing: Full
    Lot
    • Size: 3,920 Square Feet
    Details
    • Parcel number: 0202023105035

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Aluminum Siding
    • Roof: Asphalt,Shingle
    Condition
    • Year built: 1930

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Lake View Allotment
    HOA
    • Has HOA: No
    Location
    • Region: Lorain

    Financial & listing details

    • Price per square foot: $76/sqft
    • Tax assessed value: $62,090
    • Annual tax amount: $1,007
    • Date on market: 10/16/2025
    • Cumulative days on market: 26 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    1/2/2026Sold$54,000-10%$76/sqft
    Source: MLS Now #5165323 Report a problem
    11/11/2025Pending sale$60,000$85/sqft
    Source: MLS Now #5165323 Report a problem
    10/16/2025Listed for sale$60,000+100%$85/sqft
    Source: MLS Now #5165323 Report a problem
    8/3/2024Listing removed--
    Source: Zillow Rentals Report a problem
    7/22/2024Listed for rent$950$1/sqft
    Source: Zillow Rentals Report a problem
    6/20/2024Listing removed--
    Source: Zillow Rentals Report a problem
    5/15/2024Listed for rent$950$1/sqft
    Source: Zillow Rentals Report a problem
    10/24/2023Sold$30,000-14%$42/sqft
    Source: Public Record Report a problem
    7/11/2019Listing removed$34,900$49/sqft
    Source: Russell Real Estate Services #4017688 Report a problem
    2/4/2019Price change$34,900-22.3%$49/sqft
    Source: Russell Real Estate Services #4017688 Report a problem
    7/12/2018Listed for sale$44,900$63/sqft
    Source: Russell Real Estate Services #4017688 Report a problem
    10/14/2015Listing removed$44,900$63/sqft
    Source: ERA Rath Realtors #3700483 Report a problem
    4/15/2015Listed for sale$44,900$63/sqft
    Source: ERA Rath REALTORS #3700483 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$918 +13%$21,730 +41.3%
    2023$813 +0.9%$15,380
    2022$806 +0%$15,380
    2021$806 -8.3%$15,380 +5.6%
    2020$878 +0.6%$14,560
    2019$873 -4.8%$14,560
    2018$917 +2.1%$14,560 +3.1%
    2017$898 +0.8%$14,120
    2016$891 +5.8%$14,120
    2015$842 -11%$14,120 -6.8%
    2014$947 +5.8%$15,150
    2013$895 +3.3%$15,150
    2012$866 $15,150
    2011-- --
    2010-- --
    2009-- --
    2008$823 +0.4%--
    2007$819 +0.3%--
    2006$816 +29.2%--
    2005$632 +2.8%--
    2004$615 +1.4%--
    2003$606 +8.1%--
    2002$561 -0.2%--
    2001$562 +18.2%--
    2000$475 --
    Find assessor info on the county website

    Neighborhood: 44053

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Lorain CSD - 4709

    Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $55,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $55,200