This solid 3-bed, 1-bath home is tenant-occupied through 12/31/25 at $1,350/month, offering immediate cash flow with potential long-term rental stability for investors. The current tenant is interested in staying beyond lease end. Major mechanicals have been updated: furnace mid-life and hot water tank (2021), vinyl windows throughout, and a mid-life roof and a detached garage. A standout feature is the large rear addition with a private entrance — currently used as a rec room, but offering flexible future potential. Located on a quiet residential street with off-street parking. Strong rental performer with low maintenance — ideal for buy-and-hold investors. Please reach out to co-list for additional photos. All information deemed reliable but not guaranteed — buyer to perform their own due diligence regarding condition, layout, and rental terms. Professional management in place and willing to stay on. Full service management with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services available for remote investors!
Closed
$105,000
2500 E 32nd St, Lorain, OH 44055
3beds
2,062sqft
Single Family Residence
Built in 1902
5,662 Square Feet Lot
$145,300 Zestimate®
$51/sqft
$1,293 Estimated rent
Home value
$145,300
$124,000 - $166,000
$1,293/mo
Zestimate® history
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$1,293/mo
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$556/mo
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List your homeWhat's special
Private entranceDetached garageLarge rear additionVinyl windowsMid-life roof
Zillow last checked:
Listing updated:
Listed by:
Michael Azzam mike@theazzamgroup.com216-232-2187,
RE/MAX Haven Realty
Bought with:
Michael Azzam, 2014004734
RE/MAX Haven Realty
Source: MLS Now,MLS#: 5129339
Originating MLS: Akron Cleveland Association of REALTORS
Originating MLS: Akron Cleveland Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Laundry: In Basement
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,062
- Total interior livable area: 2,062 sqft
- Finished area above ground: 2,062
Property
Parking
- Total spaces: 1
- Parking features: Detached, Garage
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch
Lot
- Size: 5,662 Square Feet
Details
- Parcel number: 0300081109001
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Asphalt,Fiberglass,Shingle
Condition
- Year built: 1902
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Sheffield Land & Improv C
HOA
- Has HOA: No
Location
- Region: Lorain
Financial & listing details
- Price per square foot: $51/sqft
- Tax assessed value: $141,780
- Annual tax amount: $2,097
- Date on market: 6/6/2025
- Cumulative days on market: 143 days
- Listing terms: Cash,Conventional,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 12/9/2025 | Sold | $105,000-4.5%$51/sqft |
Source:  MLS Now #5129339 Report a problem | ||
| 10/27/2025 | Pending sale | $109,900$53/sqft |
Source: MLS Now #5129339 Report a problem | ||
| 10/3/2025 | Price change | $109,900-4.4%$53/sqft |
Source: MLS Now #5129339 Report a problem | ||
| 9/10/2025 | Price change | $114,900-8.1%$56/sqft |
Source: MLS Now #5129339 Report a problem | ||
| 7/30/2025 | Price change | $125,000-7.4%$61/sqft |
Source: MLS Now #5129339 Report a problem | ||
| 6/6/2025 | Listed for sale | $135,000+22.7%$65/sqft |
Source: MLS Now #5129339 Report a problem | ||
| 4/7/2025 | Sold | $110,000$53/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,097 +83.4% | $49,620 +129.3% |
| 2023 | $1,143 +0.9% | $21,640 |
| 2022 | $1,134 +0% | $21,640 |
| 2021 | $1,133 +7.9% | $21,640 +24.2% |
| 2020 | $1,050 +0.6% | $17,420 |
| 2019 | $1,045 -4.8% | $17,420 |
| 2018 | $1,097 -12.2% | $17,420 -11.3% |
| 2017 | $1,250 +0.8% | $19,650 |
| 2016 | $1,241 +5.8% | $19,650 |
| 2015 | $1,172 +4.7% | $19,650 +4.5% |
| 2014 | $1,119 +0.8% | $18,800 |
| 2013 | $1,110 +3.3% | $18,800 |
| 2012 | $1,075 | $18,800 -78.4% |
| 2011 | -- | $87,100 |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | $1,451 +4.4% | -- |
| 2007 | $1,390 +35.2% | -- |
| 2006 | $1,028 +7.7% | -- |
| 2005 | $955 +2.8% | -- |
| 2004 | $929 +1.5% | -- |
| 2003 | $916 +5.5% | -- |
| 2002 | $868 -0.2% | -- |
| 2001 | $869 +18.2% | -- |
| 2000 | $735 | -- |
Find assessor info on the county website
Neighborhood: 44055
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Nearby schools
GreatSchools rating
- 2/10Palm Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 4/10Longfellow Middle SchoolGrades: 6-8Distance: 3.2 mi
- 2/10New BeginningsGrades: 10-12Distance: 4.1 mi
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
$145,300
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Estimated market value
$145,300
- Ohio
- Lorain County
- Lorain
- 44055
- 2500 E 32nd St
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