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    • $175,000

    407 Idaho Ave, Lorain, OH 44052

    6beds
    2,940sqft
    Triplex, Multi Family
    Built in 1900
    -- sqft lot
    $201,300 Zestimate®
    $60/sqft
    $1,064 Estimated rent

    Home value

    $201,300

    $177,000 - $225,000

    $1,064/mo

    Zestimate® history
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    $1,213/mo

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    $1,213/mo

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    What's special

    New vinyl flooringNew furnace
    Legal triplex with strong cash flow potential! This property includes two one-bedroom front units, each currently rented at $825/month, and a spacious four-bedroom upstairs unit that is currently vacant and ready for occupancy. Ideal for both investors and owner-occupants, it offers immediate income with room for future upside. The upstairs four-bedroom unit has been recently updated with new vinyl flooring and additional improvements throughout. A new furnace was installed in 2025, and the two front units share a large 50-gallon hot water tank, installed in 2021. All units are separately metered for electric, with shared heat and hot water for the front units. Whether you're expanding your portfolio or seeking a house hacking opportunity, this triplex offers flexibility and value.

    Zillow last checked:

    Listing updated:

    Listed by:

    Oliver Moreau 216-536-8535 omoreau@progressiveurban.com,

    Progressive Urban Real Estate Co

    Bought with:

    Remington Lyman, 2022001862

    REAFCO

    Source: MLS Now,MLS#: 5135004MLS LogoOriginating MLS: Akron Cleveland Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced Air
    Cooling
    • None
    Features
    • Basement: Unfinished
    Interior area
    • Total structure area: 2,940
    • Total interior livable area: 2,940 sqft
    • Finished area above ground: 2,940
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: On Site, On Street
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 6,534 Square Feet
    Details
    • Parcel number: 0200051116002
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Multi Family
    Materials
    • Aluminum Siding
    • Roof: Asphalt,Fiberglass
    Condition
    • Unknown
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: C A Sturrevants Fairhome
    Location
    • Region: Lorain

    Financial & listing details

    • Price per square foot: $60/sqft
    • Tax assessed value: $150,150
    • Annual tax amount: $2,220
    • Date on market: 6/26/2025
    • Cumulative days on market: 7 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    7/31/2025Sold$175,000-12.5%$60/sqft
    Source: MLS Now #5135004 Report a problem
    7/3/2025Pending sale$199,900$68/sqft
    Source: MLS Now #5135004 Report a problem
    6/26/2025Listed for sale$199,900+163%$68/sqft
    Source: MLS Now #5135004 Report a problem
    8/2/2021Sold$76,000+25.1%$26/sqft
    Source: Public Record Report a problem
    5/18/2021Sold$60,770-20%$21/sqft
    Source: Public Record Report a problem
    2/18/2021Sold$76,000-10.5%$26/sqft
    Source: MLS Now #4248357 Report a problem
    1/20/2021Pending sale$84,900$29/sqft
    Source: Lucien Realty #4248357 Report a problem
    1/6/2021Listed for sale$84,900+30.1%$29/sqft
    Source: BHHS Lucien Realty #4248357 Report a problem
    4/2/2020Sold$65,281$22/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,221 +59.6%$52,560 +99.5%
    2023$1,392 +0.9%$26,340
    2022$1,380 +0%$26,340
    2021$1,380 +7.6%$26,340 +23.8%
    2020$1,283 +0.6%$21,270
    2019$1,275 -4.8%$21,270
    2018$1,340 +12.2%$21,270 +13.3%
    2017$1,194 +0.8%$18,770
    2016$1,185 +5.8%$18,770
    2015$1,120 -4.6%$18,770
    2014$1,173 +5.8%$18,770
    2013$1,109 +3.3%$18,770
    2012$1,073 $18,770
    2011-- --
    2010-- --
    2009-- --
    2008$1,426 +0.4%--
    2007$1,420 +3.2%--
    2006$1,376 +11.2%--
    2005$1,237 +2.8%--
    2004$1,204 +1.4%--
    2003$1,187 +3.4%--
    2002$1,148 -0.2%--
    2001$1,150 +18.2%--
    2000$973 --
    Find assessor info on the county website

    Neighborhood: 44052

    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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    Estimated market value
    $201,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $201,300

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