$225,000
SOLD SEP 25, 2025

2900 Forest Ln Lorain, OH 44053

5 Beds
4 Baths
2,830 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$80 Per Sq Ft

6% Below List Price

20 Days on Market

Highlights

  • 2 Car Attached Garage
  • Baseboard Heating
  • Wood Siding
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of September 2025

Here is a great opportunity to own 2900-2902 Forest Lane, Lorain OH 44053, a beautiful side-by-side duplex in Lorain’s desirable neighborhood. Whether you’re a seasoned investor or looking to house-hack, this property delivers value, income potential, and tenant appeal.
This Side-by-Side Layout: One unit features 3 bedrooms, 1 bath (vacant- rent ranging from 1100-1500 a month), the other 2 bedrooms, 1 bath (currently renting for 1100 a month). With spacious Living, Bright living areas, large kitchens, and functional floor plans which are designed for long-term tenant satisfaction. Competitive list price at $229,000, makes it a perfect opportunity to live in one unit and rent the other, offsetting your mortgage while building equity. This is a turnkey duplex with a rare 2-car garage, immediate rental income, and long-term growth potential. Whether you’re adding to your portfolio or just getting started, 2900-2902 Forest Lane is a smart move in today’s market.

Last Agent to Sell the Property

Patrick David

Howard Hanna Brokerage Email: Patrickdavid@howardhanna.com, 216-401-1431 License #2019003831 Listed on: 08/05/2025

Howard Hanna

Last Buyer's Agent

Kathy Seifert

Keller Williams Chervenic Rlty License #2016005099

Keller Williams Chervenic Rlty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,852

Year Built

  • Built in 1980

Lot Details

  • 9,583 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,830 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Community Details

  • Allison Park Sub Subdivision

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 02-02-021-113-034

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,852

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1980
  • Attribution Contact: Patrickdavid@howardhanna.com, 216-401-1431
  • Subdivision Name: Allison Park Sub
  • Above Grade Finished Sq Ft: 2830.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Tax Year: 2024
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.22
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Paved

Utilities

  • LaundryFeatures: In Unit
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-02-021-113-034

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electricity

Tax Info

  • Tax Annual Amount: 1852.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/25/2025 09/25/25 Sold $225,000 -1.7% $80 / Sq Ft
08/25/2025 08/25/25 Pending -- -- --
08/19/2025 08/19/25 Price Changed $229,000 -4.2% $81 / Sq Ft
08/05/2025 08/05/25 For Sale $239,000 +37.4% $84 / Sq Ft
07/13/2021 07/13/21 Sold $174,000 -5.9% $61 / Sq Ft View Prior Sale
06/04/2021 06/04/21 Pending -- -- --
05/25/2021 05/25/21 Price Changed $185,000 -2.6% $65 / Sq Ft
05/13/2021 05/13/21 For Sale $190,000 +29.3% $67 / Sq Ft
10/25/2019 10/25/19 Sold $147,000 -2.0% $52 / Sq Ft View Prior Sale
09/28/2019 09/28/19 Pending -- -- --
09/17/2019 09/17/19 For Sale $150,000 +312.4% $53 / Sq Ft
05/25/2019 05/25/19 Sold $36,375 -19.2% $13 / Sq Ft View Prior Sale
05/10/2019 05/10/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $45,000 0.0% $16 / Sq Ft
04/13/2019 04/13/19 Pending -- -- --
03/27/2019 03/27/19 Price Changed $45,000 -10.0% $16 / Sq Ft
03/12/2019 03/12/19 For Sale $50,000 -- $18 / Sq Ft
Source: MLS Now (Howard Hanna)

Tax History Compared to Growth

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 $1,852 $63,714 $11,407 $52,308
2023 $1,737 $51,384 $11,820 $39,564
2022 $1,764 $51,384 $11,820 $39,564
2021 $2,657 $51,384 $11,820 $39,564
2020 $2,510 $42,160 $9,700 $32,460
2019 $2,528 $42,160 $9,700 $32,460
2018 $2,656 $42,160 $9,700 $32,460
2017 $2,603 $40,900 $8,080 $32,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 5146034

MLS Now (Howard Hanna)