Seller's Agent in 2026
Majdey Taye
RE/MAX Transitions
(440) 454-2456
41 in this area
266 Total Sales
3934 Gary Ave Lorain, OH 44055
4
Beds
2
Baths
2,688
Sq Ft
7,405
Sq Ft Lot Lot
Highlights
- City Lights View
- High-Efficiency Water Heater
- Landscaped
- Eat-In Kitchen
- Outdoor Storage
- Forced Air Heating System
About This Home
As of April 2026Welcome to 3934 Gary Avenue, a spacious duplex located in the Homewood subdivision of Lorain. This property offers an excellent opportunity for investors looking for steady rental income with strong long-term potential. Featuring two large units, each side offers approximately 1,344 square feet of comfortable living space with a practical layout. Every unit includes 2 bedrooms, 1 full bath, a sizable living room with hardwood floors, a functional kitchen, and access to a full private basement with laundry hookups and plenty of storage. Currently, both units are tenant-occupied on month-to-month leases, bringing in a combined monthly income of $1,500, making this a true turnkey investment. The home has been thoughtfully updated with a new roof in 2019, new furnaces in 2019, and energy-efficient systems that help reduce long-term maintenance costs. Tenants pay all utilities, including gas, electric, water, sewer, & trash, while the owner is only responsible for property taxes, which helps keep operating expenses low. Both units feature wood flooring in bedrooms and living areas, vinyl flooring in the bathrooms, and glass block windows in the basements for natural light and durability. Outside, the home has vinyl siding, a full covered front porch, a long paved driveway offering off-street parking, and additional street parking for convenience. The backyard is generously sized, partially fenced, landscaped, and includes a storage shed, providing outdoor space & functionality. With unfinished basements for each unit, there is ample room for storage or potential to enhance for future value. Located close to shopping, restaurants, schools, and major highways, the property is well-positioned to attract consistent rental demand. With reliable income, separate utilities, and key updates already in place, this duplex is a fantastic addition to any portfolio. Don’t miss your chance to own a solid, income-producing property in Lorain with room for growth and long-term returns!
Last Agent to Sell the Property
RE/MAX Transitions Brokerage Email: TheTayeGroup@gmail.com, 440-454-2456 License #2024005848 Listed on: 09/02/2025
Co-Listed By
RE/MAX Transitions Brokerage Email: TheTayeGroup@gmail.com, 440-454-2456 License #2023001668
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,013
Year Built
- Built in 1949
Lot Details
- 7,405 Sq Ft Lot
- Partially Fenced Property
- Wood Fence
- Landscaped
- Cleared Lot
- Few Trees
- Back and Front Yard
Property Views
- City Lights
- Neighborhood
Home Design
- Duplex
- Block Foundation
- Frame Construction
- Shingle Roof
- Asphalt Roof
- Concrete Siding
- Block Exterior
- Vinyl Siding
Interior Spaces
- 2-Story Property
Kitchen
- Eat-In Kitchen
- Range
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Sink Near Laundry
- Laundry Tub
- Washer and Electric Dryer Hookup
Unfinished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Laundry in Basement
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- No Garage
- Driveway
- Paved Parking
- On-Street Parking
Eco-Friendly Details
- Energy-Efficient HVAC
- Energy-Efficient Roof
Outdoor Features
- Outdoor Storage
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
- Heating System Uses Gas
- High-Efficiency Water Heater
Community Details
- Homewood Subdivision
Listing and Financial Details
- Home warranty included in the sale of the property
- Tenant pays for all utilities, cable TV, electricity, gas, heat, hot water, internet, sewer, trash collection, water
- The owner pays for taxes
- Assessor Parcel Number 03-00-099-115-022
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 2, 2025
Closed on
Apr 9, 2026
Sold by
Feng and Feng Connie
Bought by
Blackenblue Investments Corp
Seller's Agent
Majdey Taye
RE/MAX Transitions
Buyer's Agent
Rebecca Bauer
Realtywise, Inc.
List Price
$159,900
Sold Price
$140,000
Premium/Discount to List
-$19,900
-12.45%
Views
3093
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Outstanding Balance
$105,000
Interest Rate
5.98%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 30, 2021
Closed on
Aug 3, 2021
Sold by
Bibee Properties Llc
Bought by
Feng Kevin
Seller's Agent
Artnetta Vines
Howard Hanna
Buyer's Agent
Michael Terrigno
Russell Real Estate Services
List Price
$92,900
Sold Price
$82,000
Premium/Discount to List
-$10,900
-11.73%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.30%
Original Mortgage
$61,500
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 29, 2010
Sold by
Bibbee Helen and Bibbee Helen L
Bought by
Bibbee Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
5%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jun 1, 2010
Sold by
Bibbee Properties Llc
Bought by
Alpine Terry
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
5%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Dec 6, 1995
Sold by
Jerry L Lewis
Bought by
Helen L Bibbee
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Home Values in the Area
Average Home Value in this Area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $140,000 | Chicago Title | |
| Warranty Deed | $82,000 | Old Republic Natl Ttl Ins Co | |
| Cancellation Of Agreement Of Sale Hawaii | -- | Old Republic Natl Ttl Isn Co | |
| Warranty Deed | -- | Attorney | |
| Land Contract | $63,500 | Attorney | |
| Deed | $51,300 | -- |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $105,000 | New Conventional | |
| Previous Owner | $61,500 | New Conventional | |
| Previous Owner | $63,000 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/10/2026 04/10/26 | Sold | $140,000 | 0.0% | $52 / Sq Ft | |
| 04/02/2026 04/02/26 | Price Changed | $140,000 | -12.4% | $52 / Sq Ft | |
| 02/19/2026 02/19/26 | Pending | -- | -- | -- | |
| 09/02/2025 09/02/25 | For Sale | $159,900 | +95.0% | $59 / Sq Ft | |
| 08/31/2021 08/31/21 | Sold | $82,000 | -11.7% | $46 / Sq Ft | View Prior Sale |
| 07/27/2021 07/27/21 | Pending | -- | -- | -- | |
| 06/30/2021 06/30/21 | For Sale | $92,900 | -- | $52 / Sq Ft |
Source: MLS Now
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 | $2,013 | $47,628 | $10,878 | $36,750 |
| 2023 | $1,610 | $30,475 | $5,187 | $25,288 |
| 2022 | $1,597 | $30,475 | $5,187 | $25,288 |
| 2021 | $1,596 | $30,475 | $5,187 | $25,288 |
| 2020 | $1,480 | $24,540 | $4,180 | $20,360 |
| 2019 | $1,472 | $24,540 | $4,180 | $20,360 |
| 2018 | $1,472 | $24,540 | $4,180 | $20,360 |
| 2017 | $1,590 | $24,990 | $4,870 | $20,120 |
Source: Public Records
Agents Affiliated with this Home
-
Majdey Taye
-
Elizabeth Vangorder
E
Seller Co-Listing Agent in 2026
Elizabeth Vangorder
RE/MAX Transitions
(216) 965-5334
4 in this area
22 Total Sales
-
Rebecca Bauer
Buyer's Agent in 2026
Rebecca Bauer
Realtywise, Inc.
(440) 527-0220
51 in this area
115 Total Sales
-
Artnetta Vines
Seller's Agent in 2021
Artnetta Vines
Howard Hanna
(440) 452-7580
38 in this area
171 Total Sales
-
Justin Vines
Seller Co-Listing Agent in 2021
Justin Vines
Howard Hanna
(440) 453-6566
31 in this area
152 Total Sales
-
Michael Terrigno
Buyer's Agent in 2021
Michael Terrigno
Russell Real Estate Services
(440) 773-4619
5 in this area
134 Total Sales
Map
Source: MLS Now
MLS Number: 5143895
APN: 03-00-099-115-022
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.
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.
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