NOT LISTED FOR SALE

2907 Oakwood Ave Lorain, OH 44055

5 Beds
4 Baths
2,240 Sq Ft
1900 Built

Last Sold July 24, 2023

Last sale price $149,500 $67 Per Sq Ft

124 Days on Market

Highlights

  • City View
  • Forced Air Heating and Cooling System
  • North Facing Home

About This Home

As of July 2023

Great investment property with room to grow rents! This quadplex has been extensively improved. All new plumbing throughout, new HVAC system, steel reinforcing beams in the basement, and new duct work for supply and return off all HVAC. Basement has been resealed and tuckpointed. Each unit has a backup baseboard heat unit for emergency needs. The efficiency has new flooring, apartment 4 has new flooring, main entryway has new ceramic tile, and apartment 1 has new ceramic flooring in kitchen and bathroom. This quad has 4 units that are currently rented, 3 are month to month and 1 is on a 1 year lease. There are 2 1-bedroom units, 1 efficiency unit, and 1 2-bedroom units in this building. Unit 1 has access to the basement for laundry.

Last Agent to Sell the Property

Douglas George

Howard Hanna License #2012002401 Listed on: 02/22/2023

Howard Hanna

Last Buyer's Agent

Jessica Allgood

Keller Williams Citywide License #2018001055

Keller Williams Citywide

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,375

Year Built

  • Built in 1900

Lot Details

  • North Facing Home
  • Chain Link Fence

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property
  • City Views
  • Fire and Smoke Detector
  • Range
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • 4 Units
  • No Laundry Facilities

Listing and Financial Details

  • The owner pays for electric, heating, sewer, trash collection, water
  • Assessor Parcel Number 03-00-094-105-048

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,375

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • House Faces: North
  • Price Per Square Foot: 66.74
  • Estimated Price per Sq Ft: 66.74
  • Year Built Exception: Not Verifiable
  • Num Of Stories: 2.00
  • Total Sq Ft: 2240
  • Year Built: 1900
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Appliances Equipment: Range, Refrigerator, Smoke Detector
  • Total Bedrooms: 5
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Detail: Partially Finished
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2240.00
  • Sq Ft Approx Total Finished: 2240.00

Exterior Features

  • View: City View
  • Exterior: Vinyl
  • Fences: Chain Link
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

  • LaundryFeatures: None
  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Lorain CSD
  • School District: Lorain CSD

Lot Info

  • Additional Assessor Parcel Number 1: 03-00-094-105-047
  • Lot Size Units: Acres
  • Parcel Number: 03-00-094-105-048

Rental Info

  • Owner Pays: Electric, Heating, Sewer, Trash Collection, Water

Multi Family

  • Unit Count: 4
  • Gross Income: 1955.00
  • Num Of Buildings: 1
  • Number of Units: 4
  • Percent Units Occupied: 75

Tax Info

  • Tax: 2375

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2025 08/27/25 Off Market $750 -- --
07/24/2025 07/24/25 For Rent $750 0.0% --
07/24/2023 07/24/23 Sold $149,500 -6.6% $67 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
06/09/2023 06/09/23 Price Changed $160,000 -5.9% $71 / Sq Ft
04/29/2023 04/29/23 For Sale $170,000 0.0% $76 / Sq Ft
04/06/2023 04/06/23 Pending -- -- --
03/27/2023 03/27/23 Price Changed $170,000 -10.5% $76 / Sq Ft
03/23/2023 03/23/23 Price Changed $189,900 -5.0% $85 / Sq Ft
02/22/2023 02/22/23 For Sale $199,900 -- $89 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Douglas George

    Seller's Agent in 2023

    Douglas George

    Howard Hanna

    (440) 320-6700

    120 in this area

    266 Total Sales

    Douglas George
    Section Image
  • Jessica Allgood

    Buyer's Agent in 2023

    Jessica Allgood

    Keller Williams Citywide

    (440) 420-1368

    53 in this area

    167 Total Sales

    Jessica Allgood
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4439532

MLS Now
Ohio Lorain County Lorain 44055

2907 Oakwood Ave, Lorain, OH

This home is located at 2907 Oakwood Ave, Lorain, OH 44055 since 22 February 2023. This property was built in 1900. 2907 Oakwood Ave is a home located in Lorain County with nearby schools including Palm Elementary School, Southview Middle School, and Lorain High School.

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.

MLS Now IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes