3690 Gary Ave Lorain, OH 44055
Estimated payment $426/month
Highlights
- No HOA
- Forced Air Heating System
- Wood Siding
- 2 Car Detached Garage
- Ceiling Fan
- 1-Story Property
About This Home
Excellent investment opportunity in a desirable Lorain location. This solid 1950 single-story home offers an ideal layout for a BRRRR strategy or quick renovation and resale. Two bedrooms, one bath, and a detached garage keep renovation costs manageable while appealing to future tenants or buyers. Conveniently situated near I-90, Lake Erie, and downtown amenities, the property is well-positioned for strong rental demand. With primarily cosmetic updates required, investors can anticipate an efficient turnaround and attractive return on investment. Property is being sold AS IS. Subject to probate court approval.
Listing Agent
Lokal Real Estate, LLC. Brokerage Email: 216-252-6580, marketing@lokalrealestate.com License #2024003513 Listed on: 09/22/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1950
Parking
- 2 Car Detached Garage
Home Design
- Fixer Upper
- Asphalt Roof
- Wood Siding
Interior Spaces
- 768 Sq Ft Home
- 1-Story Property
- Ceiling Fan
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Additional Features
- 6,098 Sq Ft Lot
- Forced Air Heating System
Community Details
- No Home Owners Association
- Homewood Subdivision
Listing and Financial Details
- Probate Listing
- Assessor Parcel Number 03-00-099-104-006
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 | $714 | $27,111 | $10,192 | $16,919 |
| 2023 | $393 | $16,804 | $4,862 | $11,942 |
| 2022 | $411 | $16,804 | $4,862 | $11,942 |
| 2021 | $411 | $16,804 | $4,862 | $11,942 |
| 2020 | $280 | $13,530 | $3,910 | $9,620 |
| 2019 | $279 | $13,530 | $3,910 | $9,620 |
| 2018 | $279 | $13,530 | $3,910 | $9,620 |
| 2017 | $409 | $15,340 | $4,560 | $10,780 |
| 2016 | $405 | $15,340 | $4,560 | $10,780 |
| 2015 | $382 | $15,340 | $4,560 | $10,780 |
| 2014 | $344 | $14,690 | $4,370 | $10,320 |
| 2013 | $341 | $14,690 | $4,370 | $10,320 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/13/2025 11/13/25 | Pending | -- | -- | -- |
| 10/10/2025 10/10/25 | For Sale | $69,900 | 0.0% | $91 / Sq Ft |
| 10/04/2025 10/04/25 | Off Market | $69,900 | -- | -- |
| 09/26/2025 09/26/25 | Pending | -- | -- | -- |
| 09/25/2025 09/25/25 | Price Changed | $69,900 | -6.7% | $91 / Sq Ft |
| 09/22/2025 09/22/25 | For Sale | $74,900 | -- | $98 / Sq Ft |
Source: MLS Now
MLS Number: 5158849
APN: 03-00-099-104-006
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