$60,000
PENDING

1336 Lakeview Ave Lorain, OH 44053

Estimated payment $401/month

Total Views 4,399
2 Beds
1 Bath
709 Sq Ft
$85 Price per Sq Ft

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

Mike Azzam

RE/MAX Haven Realty Brokerage Email: mike@theazzamgroup.com, 216-232-2187 License #2014004734 Listed on: 10/16/2025

RE/MAX Haven Realty

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,007

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1930
  • Attribution Contact: mike@theazzamgroup.com, 216-232-2187
  • Subdivision Name: Lake View Allotment
  • Above Grade Finished Sq Ft: 709.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half, One
  • Tax Year: 2024
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Stories: 1

Exterior Features

  • Roof: Asphalt, Shingle
  • Fencing: Full
  • Acres: 0.09
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Aluminum Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway

Utilities

  • LaundryFeatures: In Basement
  • Cooling: Other
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-02-023-105-035
  • LandLeaseYN: No

Tax Info

  • Tax Annual Amount: 1007.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: MLS Now

Purchase History

Date Type Sale Price Title Company
Executors Deed $30,000 Newman Title
Source: Public Records

Source: MLS Now

MLS Number: 5165323

MLS Now

APN: 02-02-023-105-035