Homes for sale under $250k in Lorain, OH

Homes for sale under $250k in Lorain, OH

Great Eastside lorain location, walk to river, lake, downtown lorain, rocking on river and festivals. Minutes from metropark bike trails, beach, and marinas. House has been updated and nice floor plan with spacious rooms. A large front porch invites you into beautiful hardwood floors throughout and freshly painted walls. New windows. Bedrooms are spacious and bathroom is large. 1st floor laundry and half bath. A basement laundry can easily be added if 2 laundry rooms are desired as the laundry was originally in basement.

Homes for sale under $250k in Lorain, OH

Introducing a prime opportunity to own a versatile multi-unit building in Lorain. This property features multiple income-generating residential units on the upper floors, while offering complete flexibility on the first floor—ideal for a variety of uses. Whether you're envisioning a retail storefront, office space, café, wellness studio, or a spacious ground-level apartment, the first floor is a blank canvas ready to be tailored to your specific vision, making it ideal for owners, investors, or business operators looking for adaptable space. This building offers both immediate functionality and long-term potential. Whether you're looking to live and work in one place, lease ou

Homes for sale under $250k in Lorain, OH

Step into this delightful and meticulously cared-for property featuring a 3-bedroom, 1-bath main home, plus a separate 2-bedroom, 1-bath in-law suite. Two homes on one spacious parcel. Whether you are seeking multigenerational living or a smart investment, this property delivers! Main house boasts a spacious living room and family room off dining area. Eat-In Kitchen. Newer roof and new electrical box. Central air and spacious 2-car garage. In-law suite boasts a comfortable living area and full kitchen with its own entrance-perfect for extended family, guests, or tenants. New front/back concrete stairs. Both houses have newer remodeled bathrooms, new hot water tanks, and waterproofed ba

Homes for sale under $250k in Lorain, OH

Discover a fantastic turnkey investment opportunity in the desirable Homewood subdivision of Lorain. This well-maintained side-by-side duplex offers two spacious, fully leased units—each featuring 2 bedrooms, 1 full bathroom, a generous living area, and an eat-in kitchen. Both units have access to private basements with laundry hookups and abundant storage space. Currently generating a combined monthly rental income of $1,700, this property provides immediate cash flow with tenants in place under lease agreements. Both units have recently undergone renovations, enhancing appeal and tenant satisfaction. Tenants pay all utilities except water, sewer, and trash, maximizing profitability.