NOT LISTED FOR SALE

3884 Gary Ave Lorain, OH 44055

Lorain Area

Estimated Value: $139,000 - $159,000

4 Beds
2 Baths
1,792 Sq Ft
$82/Sq Ft Est. Value

Sale Details

Date Sold: September 26, 2025

Last sale price $145,000 $81 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $979 / mo

48 Days on Market

About This Home

As of September 2025

Welcome to this beautiful investment opportunity!

This side-by-side duplex offers excellent income potential, featuring two units, each with 2 bedrooms and 1 bathroom. Both units are currently rented on a month-to-month basis, providing immediate cash flow. Whether you’re a seasoned investor or just getting started, this property is a solid addition to any real estate portfolio.

Last Agent to Sell the Property

Fabian Candelario

Russell Real Estate Services Brokerage Email: Fabian.candelario21@gmail.com, 440-396-8960 License #2013001316 Listed on: 08/07/2025

Russell Real Estate Services

Co-Listed By

Edward Ayala

Russell Real Estate Services Brokerage Email: Fabian.candelario21@gmail.com, 440-396-8960 License #2021004800

Last Buyer's Agent

Fabian Candelario

Russell Real Estate Services Brokerage Email: Fabian.candelario21@gmail.com, 440-396-8960 License #2013001316 Listed on: 08/07/2025

Russell Real Estate Services
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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,257

Year Built

  • Built in 1949 | Remodeled

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,792 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Sump Pump

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • Homewood Add Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for insurance, taxes
  • Assessor Parcel Number 03-00-099-115-019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,257

Year Built

Built in 1949 | Remodeled

Lot Details

7,405 Sq Ft Lot

Parking

2

Listing Details

  • MLS Status: Closed
  • Standard Status: Closed
  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1949
  • Attribution Contact: Fabian.candelario21@gmail.com, 440-396-8960
  • Co List Office Phone: 440-327-6511
  • Subdivision Name: Homewood Add
  • Above Grade Finished Sq Ft: 1792.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Reso Property Condition: Updated/Remodeled
  • Tax Year: 2024
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Sump Pump, Unfinished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.17
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 03-00-099-115-019

Rental Info

  • Owner Pays: Insurance, Taxes
  • Tenant Pays: All Utilities

Tax Info

  • Tax Annual Amount: 2257.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2025
Closed on
Sep 23, 2025
Sold by
Bought by
Seller's Agent
Fabian Candelario
Russell Real Estate Services
Buyer's Agent
Fabian Candelario
Russell Real Estate Services
List Price
$155,000
Sold Price
$145,000
Premium/Discount to List
-$10,000
-6.45%
Views
3
Current Estimated Value
$144,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$802
Avg. Annual Appreciation
1.63%
Original Mortgage
$108,750
Outstanding Balance
$107,860
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$39,312

Purchase Details

Listed on
Feb 28, 2020
Closed on
Aug 26, 2020
Sold by
Bought by
Seller's Agent
Lisa Eyring
Deleted Agent
Buyer's Agent
Dina Hernandez
RE/MAX Transitions
List Price
$59,900
Sold Price
$51,000
Premium/Discount to List
-$8,900
-14.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.84%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Lorain, OH

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$145,000 Fidelity National Title
$51,000 Newman
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $108,750
Previous Owner $319,550
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/26/2025 09/26/25 Sold $145,000 -6.5% $81 / Sq Ft
09/24/2025 09/24/25 Pending -- -- --
08/07/2025 08/07/25 For Sale $155,000 +203.9% $86 / Sq Ft
08/27/2020 08/27/20 Sold $51,000 -14.9% $28 / Sq Ft View Prior Sale
07/31/2020 07/31/20 Pending -- -- --
02/28/2020 02/28/20 For Sale $59,900 -- $33 / Sq Ft
Source: MLS Now

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,257 $53,417 $10,878 $42,539
2023 $1,395 $26,397 $5,187 $21,210
2022 $1,383 $26,397 $5,187 $21,210
2021 $1,407 $26,866 $5,187 $21,679
2020 $1,304 $21,640 $4,180 $17,460
2019 $1,297 $21,640 $4,180 $17,460
2018 $1,298 $21,640 $4,180 $17,460
2017 $1,105 $17,370 $4,870 $12,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 5146466

MLS Now

APN: 03-00-099-115-019

Your Personal Tour Guide

Ask me questions while you tour the home.