Add a cash-flowing asset to your portfolio with this occupied 3-bedroom, 1-bath ranch in Lorain. The property is currently rented for $1,355 per month with a long-term tenant in place and a lease secured through October 2027, providing immediate and reliable rental income. The home features a functional layout with a spacious living room and eat-in kitchen. Outside, a patio overlooks the large backyard, offering added appeal for tenants. Conveniently located near Helen Steiner Rice Elementary School and just minutes from Homewood Park, Days Dam Waterfall, and the Black River Reservation, the property offers easy access to outdoor recreation, walking trails, and green space. Nearby shopping, dining, and major roadways further enhance its desirability for tenants. Whether you're looking to expand your rental portfolio or acquire a property with established income, this investment opportunity offers stable cash flow and long-term income potential.
Contingent
$133,500
4217 Riverside Dr, Lorain, OH 44055
3beds
1,024sqft
Single Family Residence
Built in 1956
6,534 Square Feet Lot
$-- Zestimate®
$130/sqft
$-- HOA
What's special
Large backyardEat-in kitchen
- 20 days |
- 1,025 |
- 44 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Rakesh Baniya 440-901-7145 rbaniya@clevelandpropertymanagement.com,
Cleveland Property Management Group, LLC.
Source: MLS Now,MLS#: 5217023
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
- Main level bathrooms: 1
- Main level bedrooms: 3
Heating
- Gas
Cooling
- Central Air
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,024
- Total interior livable area: 1,024 sqft
- Finished area above ground: 1,024
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Detached, Garage
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
Lot
- Size: 6,534 Square Feet
Details
- Parcel number: 0300079126025
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Roof: Asphalt,Asbestos Shingle,Fiberglass
Condition
- Year built: 1956
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Homewood
HOA
- Has HOA: No
Location
- Region: Lorain
Financial & listing details
- Price per square foot: $130/sqft
- Tax assessed value: $92,060
- Annual tax amount: $2,873
- Date on market: 6/8/2026
- Cumulative days on market: 22 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Listed for sale | $133,500+40.5%$130/sqft |
Source:  MLS Now #5217023 Report a problem | ||
| 9/11/2024 | Listing removed | $1,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/20/2024 | Listed for rent | $1,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/26/2022 | Sold | $95,000-4.9%$93/sqft |
Source: MLS Now #4390195 Report a problem | ||
| 7/13/2022 | Pending sale | $99,900$98/sqft |
Source: MLS Now #4390195 Report a problem | ||
| 7/9/2022 | Listed for sale | $99,900+22.6%$98/sqft |
Source: MLS Now #4390195 Report a problem | ||
| 5/7/1997 | Sold | $81,500$80/sqft |
Source: MLS Now #850461 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,361 +12.1% | $32,220 +40.2% |
| 2023 | $1,214 +3.5% | $22,980 |
| 2022 | $1,173 +0% | $22,980 |
| 2021 | $1,173 +7.8% | $22,980 +24.1% |
| 2020 | $1,088 +0.6% | $18,510 |
| 2019 | $1,082 0% | $18,510 |
| 2018 | $1,082 -9% | $18,510 -3.5% |
| 2017 | $1,189 +0.8% | $19,180 |
| 2016 | $1,180 +6% | $19,180 |
| 2015 | $1,113 -34.4% | $19,180 +4.5% |
| 2014 | $1,695 +60.8% | $18,350 |
| 2013 | $1,054 +3.3% | $18,350 |
| 2012 | $1,020 | $18,350 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | $1,128 +0.4% | -- |
| 2007 | $1,123 +0.3% | -- |
| 2006 | $1,120 +1.2% | -- |
| 2005 | $1,107 +2.8% | -- |
| 2004 | $1,077 +1.5% | -- |
| 2003 | $1,062 -2.4% | -- |
| 2002 | $1,087 -0.2% | -- |
| 2001 | $1,089 +18.2% | -- |
| 2000 | $921 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 44055
Nearby schools
GreatSchools rating
- 5/10Helen Steiner Rice Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 3/10Southview Middle SchoolGrades: 6-8Distance: 0.6 mi
- 3/10Lorain High SchoolGrades: 9-12Distance: 4.6 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Ohio
- Lorain County
- Lorain
- 44055
- 4217 Riverside Dr
Nearby cities
Nearby zip codes
Other Lorain Topics
