627 W 24th St Lorain, OH 44052
Lorain AreaEstimated payment $662/month
Highlights
- Cape Cod Architecture
- 1 Car Detached Garage
- 1-Story Property
- No HOA
About This Home
Stabilized rental with secured income at 627 W 24th St in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This occupied property generates $1,160 per month with a one-year lease in place through 6/12/26, providing dependable cash flow. The tenant is responsible for all utilities, helping to minimize operating expenses and support strong returns. The home features a functional layout with consistent rental appeal and is located in an area with steady demand. A reliable addition to a larger portfolio, this asset contributes stable income within a diversified, income-producing package.
Multiple properties must be purchased. Singular properties will not be considered. Reach out to co-listing agent for details.
Listing Agent
Russell Real Estate Services Brokerage Email: tal@premierclevelandinvesting.com, 216-870-8687 License #2018001908 Listed on: 04/29/2026
Co-Listing Agent
Russell Real Estate Services Brokerage Email: tal@premierclevelandinvesting.com, 216-870-8687 License #2025002962
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $954
Year Built
- Built in 1900
Parking
- 1 Car Detached Garage
Home Design
- Cape Cod Architecture
- Frame Construction
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Additional Features
- 1-Story Property
- 7,841 Sq Ft Lot
- No Cooling
- Basement
Community Details
- No Home Owners Association
- William A Braman Trustees 02 Subdivision
Listing and Financial Details
- Assessor Parcel Number 02-01-003-183-005
Map
Home Values in the Area
Average Home Value in this Area
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 | $954 | $23,765 | $3,892 | $19,873 |
| 2023 | $1,097 | $20,766 | $3,525 | $17,241 |
| 2022 | $1,087 | $20,766 | $3,525 | $17,241 |
| 2021 | $1,087 | $20,766 | $3,525 | $17,241 |
| 2020 | $1,107 | $18,360 | $3,120 | $15,240 |
| 2019 | $1,101 | $18,360 | $3,120 | $15,240 |
| 2018 | $1,048 | $18,360 | $3,120 | $15,240 |
| 2017 | $995 | $15,630 | $3,500 | $12,130 |
| 2016 | $987 | $15,630 | $3,500 | $12,130 |
| 2015 | $932 | $15,630 | $3,500 | $12,130 |
| 2014 | $904 | $14,480 | $3,250 | $11,230 |
| 2013 | $855 | $14,480 | $3,250 | $11,230 |
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 |
|---|---|---|---|---|---|
| 06/12/2026 06/12/26 | Price Changed | $106,000 | 0.0% | -- | |
| 06/12/2026 06/12/26 | For Sale | $106,000 | +2.9% | -- | |
| 06/08/2026 06/08/26 | Pending | -- | -- | -- | |
| 04/29/2026 04/29/26 | For Sale | $103,000 | +194.3% | -- | |
| 02/07/2022 02/07/22 | Sold | $35,000 | -12.3% | $35 / Sq Ft | View Prior Sale |
| 01/13/2022 01/13/22 | Pending | -- | -- | -- | |
| 01/11/2022 01/11/22 | Price Changed | $39,900 | -20.0% | $40 / Sq Ft | |
| 01/07/2022 01/07/22 | Price Changed | $49,900 | -9.1% | $50 / Sq Ft | |
| 12/29/2021 12/29/21 | For Sale | $54,900 | +5489900.0% | $55 / Sq Ft | |
| 03/01/2013 03/01/13 | Sold | $1 | -100.0% | $0 / Sq Ft | View Prior Sale |
| 01/07/2013 01/07/13 | Pending | -- | -- | -- | |
| 12/13/2012 12/13/12 | For Sale | $8,900 | -- | $9 / Sq Ft |
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 | $1,050,000 | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $38,000 | Ohio Real Title | |
| Limited Warranty Deed | -- | Bay National Title Co | |
| Sheriffs Deed | $20,000 | None Available | |
| Interfamily Deed Transfer | -- | Southeast Equity Title | |
| Warranty Deed | $57,900 | Midland | |
| Quit Claim Deed | -- | -- | |
| Certificate Of Transfer | -- | -- |
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 | $765,000 | Credit Line Revolving | |
| Previous Owner | $105,750 | New Conventional | |
| Previous Owner | $200,000 | Commercial | |
| Previous Owner | $63,750 | New Conventional | |
| Previous Owner | $46,300 | Purchase Money Mortgage |
Source: MLS Now
MLS Number: 5205338
APN: 02-01-003-183-005
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