1203 W 44th St Lorain, OH 44053
Estimated payment $1,209/month
About This Home
Well-maintained quadruplex offering a strong investment opportunity in Lorain. The property features three 2-bedroom units, all currently occupied on month-to-month leases, providing flexibility for future rent adjustments or lease terms. The fourth unit is a vacant, updated 1-bedroom, allowing for immediate leasing or potential owner-occupancy. This property offers a desirable unit mix with existing rental income and additional upside through the vacant unit. Conveniently located near schools, shopping, and major routes. Ideal for investors seeking a manageable multi-family property with income in place and room to add value.
Listing Agent
Howard Hanna Brokerage Email: barbarawilson@howardhanna.com, 330-807-1304 License #326764 Listed on: 01/20/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,337
Year Built
- Built in 1963
Parking
- Parking Lot
Home Design
- Fiberglass Roof
- Asphalt Roof
- Aluminum Siding
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Full Bathrooms
Utilities
- No Cooling
- Baseboard Heating
Additional Features
- 1-Story Property
- 7,841 Sq Ft Lot
Community Details
- Black River 02 Subdivision
Listing and Financial Details
- Assessor Parcel Number 02-02-006-115-015
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,393 | $37,461 | $6,587 | $30,874 |
| 2023 | $2,676 | $34,059 | $5,488 | $28,571 |
| 2022 | $2,649 | $34,059 | $5,488 | $28,571 |
| 2021 | $2,662 | $34,059 | $5,488 | $28,571 |
| 2020 | $2,735 | $34,060 | $5,490 | $28,570 |
| 2019 | $2,712 | $34,060 | $5,490 | $28,570 |
| 2018 | $2,087 | $34,060 | $5,490 | $28,570 |
| 2017 | $1,512 | $17,500 | $5,600 | $11,900 |
| 2016 | $2,818 | $33,020 | $5,600 | $27,420 |
| 2015 | $2,686 | $33,020 | $5,600 | $27,420 |
| 2014 | -- | $33,020 | $5,600 | $27,420 |
| 2013 | $2,661 | $33,020 | $5,600 | $27,420 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/25/2026 01/25/26 | Pending | -- | -- | -- | |
| 01/20/2026 01/20/26 | For Sale | $195,000 | +107.4% | -- | |
| 10/10/2017 10/10/17 | Sold | $94,000 | -1.1% | $36 / Sq Ft | View Prior Sale |
| 08/24/2017 08/24/17 | Pending | -- | -- | -- | |
| 07/24/2017 07/24/17 | For Sale | $95,000 | +192.3% | $36 / Sq Ft | |
| 03/28/2016 03/28/16 | Sold | $32,500 | -29.2% | $12 / Sq Ft | View Prior Sale |
| 03/03/2016 03/03/16 | Pending | -- | -- | -- | |
| 08/04/2015 08/04/15 | For Sale | $45,900 | -- | $17 / Sq Ft |
Source: MLS Now (Howard Hanna)
MLS Number: 5182764
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
- 1210 Tower Blvd
- 1501 Tower Blvd
- 1310 Lindenwood Dr
- 4620 Washington Ave
- 4859 Oberlin Ave
- 4231 Washington Ave
- 1207 W 38th St
- 4977-4985 Oberlin Ave
- 1321 Westwood Dr
- 1727 W 41st St
- 4401 Marshall Ave
- 1037 W 37th St
- 1519 Westwood Dr
- 1404 Birch Ct
- 1423 Narragansett Blvd
- 1415 Shaffer Dr
- 1421 W 33rd St
- 1908 W 38th St
- 1519 Shaffer Dr
- 1711 N Nantucket Dr