Closed

$225,000

338 Oberlin Ave, Lorain, OH 44052

6beds

2,592sqft

Triplex, Multi Family

Built in 1980

-- sqft lot

$213,500 Zestimate^®

$87/sqft

$992 Estimated rent

Home value

$213,500

$179,000 - $248,000

$992/mo

Zestimate^® history

Owner options

List your home for rent

$992/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$992/mo

Rent Zestimate^®

Refinance and save

$1,553/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$1,553/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

Investment opportunity by Lake Erie! This property features three spacious units, each offering 2 bedrooms and 1.5 bathrooms. Two of the three units are currently occupied by long-term tenants, 338 and 340. 342 is vacant. There is a spacious parking lot out front. Each unit has access to the shared backyard as well as a storage unit. Conveniently located to parks, shopping, restaurants, and downtown Lorain. Schedule your showing today!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 6
Full bathrooms: 3
1/2 bathrooms: 3

Heating

Baseboard

Cooling

Ceiling Fan(s), Window Unit(s)

Appliances

Included: Range, Refrigerator
Laundry: In Kitchen, Main Level

Features

Has basement: No

Interior area

Total structure area: 2,592
Total interior livable area: 2,592 sqft
Finished area above ground: 2,592

Property

Parking

Parking features: Parking Lot

Features

Levels: Two
Stories: 2
Exterior features: Storage
Fencing: Back Yard

Lot

Size: 6,969 Square Feet
Features: Back Yard

Details

Parcel number: 0202026106026
Special conditions: Estate

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex, Multi Family

Materials

Vinyl Siding
Roof: Shingle

Condition

Year built: 1980

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Brownells

Location

Region: Lorain

Financial & listing details

Price per square foot: $87/sqft
Tax assessed value: $135,290
Annual tax amount: $2,000
Date on market: 5/15/2025
Cumulative days on market: 82 days
Listing terms: Cash,Conventional

Price history

Date	Event	Price
10/24/2025	Listing removed	$1,000
Source: MLS Now #5157779 Report a problem
9/18/2025	Listed for rent	$1,000
Source: MLS Now #5157779 Report a problem
9/16/2025	Sold	$225,000-18.2%$87/sqft
Source: MLS Now #5123088 Report a problem
8/6/2025	Pending sale	$275,000$106/sqft
Source: MLS Now #5123088 Report a problem
7/27/2025	Price change	$275,000-5.2%$106/sqft
Source: MLS Now #5123088 Report a problem
7/8/2025	Price change	$290,000+1.8%$112/sqft
Source: MLS Now #5123088 Report a problem
5/15/2025	Listed for sale	$285,000+103.6%$110/sqft
Source: MLS Now #5123088 Report a problem
2/27/1998	Sold	$140,000$54/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,001 +1.3%	$47,350 +26.7%
2023	$1,975 +0.9%	$37,380
2022	$1,958 +0%	$37,380
2021	$1,958 -1.7%	$37,380 +13.1%
2020	$1,992 +0.6%	$33,040
2019	$1,981 0%	$33,040 0%
2018	$1,982 +4.5%	$33,050 +10.9%
2017	$1,896	$29,800