South Lorain large duplex, Money maker for the savvy investor with great cash flow. 3 bedrooms down and 2 bedrooms up, 2 full baths. Ready to rent with minimal cleanup. Conveniently located to major highways and shopping. Full basement and garage.
Closed
$140,000
3982 Palm Ave, Lorain, OH 44055
5beds
1,830sqft
Duplex, Multi Family
Built in 1949
-- sqft lot
$165,600 Zestimate®
$77/sqft
$1,133 Estimated rent
Home value
$165,600
$146,000 - $184,000
$1,133/mo
Zestimate® history
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$962/mo
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Zillow last checked:
Listing updated:
Listed by:
Gary Dodson garydodson@howardhanna.com(440)320-6464,
Howard Hanna,
Natalie A Iafolla 440-308-7336,
Howard Hanna
Bought with:
Nikki Harsa, 2005014597
Russell Real Estate Services
Source: MLS Now,MLS#: 4457639Originating MLS: Akron Cleveland Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Gas
Cooling
- None
Features
- Basement: Full,Sump Pump
Interior area
- Total structure area: 1,830
- Total interior livable area: 1,830 sqft
- Finished area above ground: 1,830
Property
Parking
- Parking features: Detached, Garage, Paved
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,365 Square Feet
Details
- Parcel number: 0300079102010
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: $77/sqft
- Tax assessed value: $142,300
- Annual tax amount: $1,948
- Date on market: 12/6/2023
- Cumulative days on market: 10 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA
- Tenant pays: All Utilities
Price history
| Date | Event | Price |
|---|---|---|
| 2/15/2025 | Listing removed | $850 |
Source: Zillow Rentals Report a problem | ||
| 11/6/2024 | Listed for rent | $850-14.6% |
Source: Zillow Rentals Report a problem | ||
| 4/19/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/7/2024 | Price change | $995-16.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/18/2024 | Price change | $1,195-7.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/4/2024 | Listed for rent | $1,295$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/8/2023 | Listing removed | -- |
Source: MLS Now #4457639 Report a problem | ||
| 7/25/2023 | Sold | $140,000-6.7%$77/sqft |
Source: Public Record Report a problem | ||
| 5/19/2023 | Pending sale | $150,000$82/sqft |
Source:  MLS Now #4457639 Report a problem | ||
| 5/11/2023 | Listed for sale | $150,000-92.8%$82/sqft |
Source: MLS Now #4457639 Report a problem | ||
| 12/30/2020 | Sold | $2,069,000+3132.8%$1,131/sqft |
Source: Public Record Report a problem | ||
| 2/10/2005 | Sold | $64,000+4.7%$35/sqft |
Source: MLS Now #2176633 Report a problem | ||
| 10/25/2004 | Sold | $61,100$33/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,105 +12.5% | $49,810 +40.6% |
| 2023 | $1,871 +0.9% | $35,420 |
| 2022 | $1,855 +0% | $35,420 |
| 2021 | $1,855 +7.9% | $35,420 +24.2% |
| 2020 | $1,720 +0.6% | $28,520 |
| 2019 | $1,710 0% | $28,520 |
| 2018 | $1,711 +7.7% | $28,520 +14.2% |
| 2017 | $1,589 +0.8% | $24,970 |
| 2016 | $1,576 +5.8% | $24,970 |
| 2015 | $1,489 +4.7% | $24,970 +4.5% |
| 2014 | $1,422 +0.8% | $23,900 |
| 2013 | $1,412 +3.3% | $23,900 |
| 2012 | $1,366 | $23,900 -69.2% |
| 2011 | -- | $77,500 |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | $1,291 +0.4% | -- |
| 2007 | $1,285 +0.3% | -- |
| 2006 | $1,281 +6.8% | -- |
| 2005 | $1,200 +5.7% | -- |
| 2004 | $1,135 +1.4% | -- |
| 2003 | $1,119 -2.3% | -- |
| 2002 | $1,146 -0.2% | -- |
| 2001 | $1,148 +18.2% | -- |
| 2000 | $971 | -- |
Find assessor info on the county website
Neighborhood: 44055
Nearby homes
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Nearby schools
GreatSchools rating
- 5/10Helen Steiner Rice Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Longfellow Middle SchoolGrades: 6-8Distance: 3.5 mi
- 3/10Lorain High SchoolGrades: 9-12Distance: 4 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
$165,600
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$165,600
- Ohio
- Lorain County
- Lorain
- 44055
- 3982 Palm Ave
Nearby cities
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Other Lorain Topics
