$275,000
PENDING $10K PRICE DROP

338 Oberlin Ave Lorain, OH 44052

Estimated payment $1,665/month

Total Views 10,281
6 Beds
6 Baths
2,592 Sq Ft
$106 Price per Sq Ft

Highlights

  • Window Unit Cooling System
  • Baseboard Heating
  • Back Yard Fenced
  • Ceiling Fan

About This Home

Investment opportunity by Lake Erie! This property features three spacious units, each offering 2 bedrooms and 1.5 bathrooms. Two of the three units are currently occupied by long-term tenants, 338 and 340. 342 is vacant. There is a spacious parking lot out front. Each unit has access to the shared backyard as well as a storage unit. Conveniently located to parks, shopping, restaurants, and downtown Lorain. Schedule your showing today!

Listing Agent

Amanda Warner

The Swanzer Agency Brokerage Email: amanda@swanzer.com 440-865-5822 License #2021000047 Listed on: 05/15/2025

Co-Listing Agent

Mark Wells

The Swanzer Agency Brokerage Email: amanda@swanzer.com 440-865-5822 License #2002021311

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,001

Year Built

  • Built in 1980

Lot Details

  • 6,970 Sq Ft Lot
  • Back Yard Fenced

Parking

  • Parking Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,592 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Range

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Community Details

  • Brownells Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-02-026-106-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,001

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Triplex
  • Year Built: 1980
  • Attribution Contact: amanda@swanzer.com 440-865-5822
  • ResoLotFeatures: Back Yard
  • Co List Office Mls Id: 2845
  • Co List Office Phone: 440-988-3333
  • ResoSpecialListingConditions: Estate
  • Subdivision Name: Brownells
  • Above Grade Finished Sq Ft: 2592.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Tax Year: 2024
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: No
  • Appliances: Range, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Stories: 2

Exterior Features

  • Exterior Features: Storage
  • Roof: Shingle
  • Fencing: Back Yard
  • Acres: 0.16
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot

Utilities

  • LaundryFeatures: In Kitchen, Main Level
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-02-026-106-026

Tax Info

  • Tax Annual Amount: 2000.66

Map

Range of Values:

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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 Change Sq Ft Price
08/04/2025 08/04/25 Pending -- -- --
07/27/2025 07/27/25 Price Changed $275,000 -5.2% $106 / Sq Ft
07/08/2025 07/08/25 Price Changed $290,000 +1.8% $112 / Sq Ft
05/15/2025 05/15/25 For Sale $285,000 -- $110 / Sq Ft
Source: MLS Now

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Source: MLS Now

MLS Number: 5123088

MLS Now