Investment Opportunity in Lorain!
Add to your investment portfolio with this 4-bedroom duplex located at 3950 Gary Avenue in Lorain. This multi-family property offers two separate units, providing an excellent opportunity for investors or an owner-occupant looking to offset housing expenses with rental income.
The property features separate utilities, helping simplify utility management between tenants, along with a basement for additional storage and functionality. The seller has also replaced the east and west basement walls for the currently unoccupied unit, adding a significant recent improvement to the property.
Whether you're an experienced investor looking to expand your rental portfolio or exploring your first multi-family property, this duplex offers plenty of potential.
4-Bedroom Duplex
Separate Utilities
Basement
East & West Basement Walls Replaced for Unoccupied Unit
Investment or Owner-Occupant Opportunity
Schedule your showing today and take a closer look at what this Lorain duplex has to offer!
Pending
$140,000
3950 Gary Ave, Lorain, OH 44055
4beds
2,688sqft
Duplex, Multi Family
Built in 1949
-- sqft lot
$-- Zestimate®
$52/sqft
$-- HOA
What's special
- 56 days
- 97
- 2
Zillow last checked:
Listing updated:
Listed by:
Steven P Hamm 419-627-1996 ellencoffman@remax.net,
RE/MAX Quality Realty
Source: MLS Now,MLS#: 5244105
Originating MLS: Firelands Association Of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Gas
Cooling
- None
Features
- Basement: Full
Interior area
- Total structure area: 2,688
- Total interior livable area: 2,688 sqft
- Finished area above ground: 1,792
- Finished area below ground: 896
Video & virtual tour
Property
Parking
- Parking features: Driveway, No Garage, On Street
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,501 Square Feet
Details
- Parcel number: 0300099115023
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Aluminum Siding
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Homewood
Location
- Region: Lorain
Financial & listing details
- Price per square foot: $52/sqft
- Annual tax amount: $1,768
- Date on market: 9/11/2026
- Cumulative days on market: 39 days
- Tenant pays: Cable TV, Electricity, Gas, Water
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/15/2026 | Pending sale | $140,000$52/sqft |
Source: | ||
| 10/5/2026 | Listed for sale | $140,000$52/sqft |
Source: | ||
| 9/17/2026 | Pending sale | $140,000$52/sqft |
Source: | ||
| 9/11/2026 | Listed for sale | $140,000+608.9%$52/sqft |
Source: | ||
| 6/28/2013 | Sold | $19,750+3.9%$7/sqft |
Source: MLS Now #3379685 Report a problem | ||
| 5/23/2013 | Price change | $19,000-36.5%$7/sqft |
Source: Howard Hanna - Amherst #3379685 Report a problem | ||
| 2/2/2013 | Listed for sale | $29,900-25.1%$11/sqft |
Source: Howard Hanna - Amherst #3379685 Report a problem | ||
| 10/28/2012 | Listing removed | $39,900$15/sqft |
Source: Howard Hanna - Amherst #3313386 Report a problem | ||
| 4/27/2012 | Listed for sale | $39,900$15/sqft |
Source: Howard Hanna - Amherst #3313386 Report a problem | ||
| 2/18/2012 | Listing removed | $39,900$15/sqft |
Source: Howard Hanna - Amherst #3253986 Report a problem | ||
| 10/9/2011 | Price change | $39,900-20%$15/sqft |
Source: Howard Hanna - Amherst #3253986 Report a problem | ||
| 8/14/2011 | Listed for sale | $49,900-37.6%$19/sqft |
Source: Howard Hanna - Amherst #3253986 Report a problem | ||
| 11/7/2000 | Sold | $80,000$30/sqft |
Source: MLS Now #1010213 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.Climate risks
Neighborhood: 44055
Nearby schools
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.





