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  • $115,000

    223 W 16th St, Lorain, OH 44052

    3beds
    --sqft
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    Single Family Residence
    Built in 1900
    1,742 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Investor-focused single-family rental in Lorain: 223 West 16th St is a 3-bed, 1-bath home leased at $1,350/month through July 2026, delivering immediate, predictable cash flow with a tenant in place. Located under 3 miles from Lake Erie with convenient access to Lakeside Landing, Oasis Marina, Lakeview Beach, Black River Landing, and Broadway/Old Town Charleston amenities, the property benefits from strong year-round rental demand and potential future short-term rental upside at lease end (if permitted). Solid cash-flowing asset with coastal-proximity demand drivers; showings by appointment only due to tenant occupancy.
    367 days
    |
    223
    |
    34
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    David L Sturgeon 216-375-4486 davidsturgeon@howardhanna.com,

    Howard Hanna

    Source: MLS Now,MLS#: 5139835Originating MLS: Akron Cleveland Association of REALTORS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Bedroom
      • Description: Flooring: Laminate
      • Level: Second
      Bedroom
      • Description: Flooring: Laminate
      • Level: Second
      Bedroom
      • Description: Flooring: Laminate
      • Level: Second
      Bathroom
      • Description: Flooring: Ceramic Tile
      • Level: Second
      Basement
      • Description: Flooring: Concrete
      • Level: Basement
      Dining room
      • Description: Flooring: Wood
      • Level: First
      Kitchen
      • Description: Flooring: Ceramic Tile
      • Level: First
      Living room
      • Description: Flooring: Wood
      • Level: First
      Heating
      • Forced Air
      Cooling
      • None
      Features
      • Basement: Unfinished
      • Has fireplace: No
      Video & virtual tour

      Property

      Parking
      • Parking features: Driveway
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 1,742 Square Feet
      Details
      • Parcel number: 0201003141002

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cape Cod
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      • Roof: Asphalt
      Condition
      • Updated/Remodeled
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Chamberlain
      HOA
      • Has HOA: No
      Location
      • Region: Lorain

      Financial & listing details

      • Annual tax amount: $1,035
      • Date on market: 7/15/2025
      • Cumulative days on market: 368 days
      • Listing agreement: Exclusive Right To Sell

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        2/6/2026Price change$115,000-8%
        Source: MLS Now #5139835 Report a problem
        12/17/2025Price change$125,000-3.8%
        Source: MLS Now #5139835 Report a problem
        10/10/2025Price change$130,000-3.7%
        Source: MLS Now #5139835 Report a problem
        9/10/2025Price change$135,000-3.6%
        Source: MLS Now #5139835 Report a problem
        7/15/2025Listed for sale$140,000+64.7%
        Source: MLS Now #5139835 Report a problem
        7/14/2025Listing removed$1,350
        Source: Zillow Rentals Report a problem
        6/11/2025Price change$1,350-6.9%
        Source: Zillow Rentals Report a problem
        4/4/2025Listed for rent$1,450
        Source: Zillow Rentals Report a problem
        12/22/2023Sold$85,000+0.1%
        Source: MLS Now #4494054 Report a problem
        11/20/2023Pending sale$84,900
        Source: MLS Now #4494054 Report a problem
        10/30/2023Listed for sale$84,900-5.6%
        Source: MLS Now #4494054 Report a problem
        10/17/2023Contingent$89,900
        Source: MLS Now #4494054 Report a problem
        10/1/2023Listed for sale$89,900+38.3%
        Source: MLS Now #4494054 Report a problem
        3/28/2023Sold$65,000-18.6%
        Source: MLS Now #4429105 Report a problem
        2/10/2023Contingent$79,900
        Source: MLS Now #4429105 Report a problem
        1/2/2023Price change$79,900-6%
        Source: MLS Now #4429105 Report a problem
        12/21/2022Listed for sale$85,000
        Source: MLS Now #4429105 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 44052

        Getting around

        56 / 100
        Somewhat Walkable
        48 / 100
        Somewhat Bikeable

        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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