1336 Lakeview Ave Lorain, OH 44053
Estimated payment $401/month
Highlights
- No HOA
- Garage
- 1-Story Property
- Forced Air Heating System
- Property is Fully Fenced
About This Home
Here is your chance to become a real estate investor overnight! This 2-bedroom, 1-bath home in Lorain offers an excellent opportunity to generate immediate rental income in a convenient location near schools, shopping, dining, and major roadways. Built in 1930, the property retains its charming original wood windows while featuring newer LVP flooring throughout the living room, dining room, hallway, bathroom, and bedrooms—reducing immediate maintenance needs. The fully fenced backyard provides privacy and tenant appeal, with additional value-add potential for investors through the addition of a detached garage or outdoor improvements. The basement is equipped with glass block windows and an updated hot water tank (2024), enhancing the property’s functionality and value. Currently tenant-occupied at $950/month on a month-to-month lease, with tenants responsible for all utilities and expenses, this property delivers immediate cash flow with minimal landlord involvement. Sold as-is, it’s perfect for investors seeking a turnkey rental or a stable income property in a solid rental market. Full-service property management available with dedicated departments for leasing, marketing, and tenant communication—ideal for remote investors! Reach out to learn more!
Listing Agent
RE/MAX Haven Realty Brokerage Email: mike@theazzamgroup.com, 216-232-2187 License #2014004734 Listed on: 10/16/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,007
Year Built
- Built in 1930
Lot Details
- 3,920 Sq Ft Lot
- Property is Fully Fenced
Home Design
- Asphalt Roof
- Aluminum Siding
Interior Spaces
- 709 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Parking
- Garage
- Driveway
Utilities
- Forced Air Heating System
Community Details
- No Home Owners Association
- Lake View Allotment Subdivision
Listing and Financial Details
- Assessor Parcel Number 02-02-023-105-035
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 | $918 | $21,732 | $7,168 | $14,564 |
| 2023 | $813 | $15,376 | $6,647 | $8,729 |
| 2022 | $806 | $15,376 | $6,647 | $8,729 |
| 2021 | $806 | $15,376 | $6,647 | $8,729 |
| 2020 | $878 | $14,560 | $6,290 | $8,270 |
| 2019 | $873 | $14,560 | $6,290 | $8,270 |
| 2018 | $874 | $14,560 | $6,290 | $8,270 |
| 2017 | $898 | $14,120 | $4,840 | $9,280 |
| 2016 | $891 | $14,120 | $4,840 | $9,280 |
| 2015 | $842 | $14,120 | $4,840 | $9,280 |
| 2014 | $947 | $15,150 | $4,840 | $10,310 |
| 2013 | $895 | $15,150 | $4,840 | $10,310 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/10/2025 11/10/25 | Pending | -- | -- | -- |
| 10/16/2025 10/16/25 | For Sale | $60,000 | -- | $85 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Executors Deed | $30,000 | Newman Title |
Source: MLS Now
MLS Number: 5165323
APN: 02-02-023-105-035
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