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$135,000
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Property Description
This cash-flowing ranch style home presents an excellent opportunity for investors looking to add a tenant-occupied property to their portfolio! The home features 3 bedrooms and 1 full bathroom, along with a spacious living room, a functional kitchen, and an adjoining dining area that provides a comfortable and practical layout. Recent renovations include a newer roof, vinyl windows, luxury vinyl plank flooring, updated interior doors, hardware, and hinges. The remodeled kitchen features attractive shaker-style cabinetry and granite countertops, while the updated bathroom adds to the home's overall appeal. The basement provides additional storage space and offers potential for future improvements or added value. The property is currently tenant occupied and generates $1,325 per month in rental income, with the existing lease running through 12/11/2026, providing immediate and consistent cash flow for the next owner. Conveniently located in Lorain near Oakwood Park, the Black River, and I-90, the property also offers easy access to major roads, shopping, schools, restaurants, public transportation, and other local amenities. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! This updated, income-producing home is a solid investment opportunity with dependable rental income already in place. Schedule your showing today! No wholesalers. No Seller financing. No low ball offers.
Full Property Details
Full Property Details for 1950 E 30th St
General
- Price: $135,000
- Taxes: $857 (2025)
- Status: Active
- Type: Single Family
- Source: 505
- MLS ID: 5229337
- Updated: 8/6/2026
- Added to Site: 41 day(s) ago
Interior
- Number of Rooms: 5
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Parking
- Parking Features: Driveway
Location
- County: Lorain
- Township: Lorain
- Subdivision: Sheffield Land Companys Sub
- Driving Directions: Off Seneca Avenue, between E 29th Street and E 31st Street
School Information
- Elem School District: Lorain CSD - 4709
- Midd School District: Lorain CSD - 4709
- High School District: Lorain CSD - 4709
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Ranch
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full
- Roof: Asphalt, Fiberglass
- Stories/Levels: 1
- Square Feet: 1,632
- Living Area: 1,632 Sq. Ft.
- Finished Above Grnd: 1,632 Sq. Ft.
- Year Built: 1957
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.17
- Lot Size: .17
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $857
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: SHEFFIELD LAND CO 50 X 145 LOT # 474
- Disclosures/Rstr.: Principal is Real Estate Licensed
- Property ID: 03-00-095-110-013
Listed by RE/MAX Haven Realty, Michael Azzam
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Schools
Schools serving 1950 E 30th St
School District:Lorain City School District
| Name | Grades | Distance |
|---|---|---|
Palm Elementary School 2319 East 34th Street, Lorain, OH 44055 | K-6 | 0.7 mi |
Longfellow Middle School 305 Louisiana Avenue, Lorain, OH 44052 | 7-8 | 2.5 mi |
Lorain High School 2600 Ashland Avenue, Lorain, OH 44052 | 9-12 | 3.2 mi |
New Beginnings 2600 Ashland Avenue, Lorain, OH 44052 | 5-12 | 3.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1950 E 30th St
Date
Details
Price
Change
Source
8/06/2026
Price Reduced
$135,000
-3.57%
MLS
7/24/2026
Price Reduced
$140,000
-3.45%
MLS
7/21/2026
Listed
$145,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1950 E 30th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$857
-7%
$21,329
22%
2023
$926
1%
$17,529
—
2021
$918
—
$17,530
—
2022
$918
-1%
$17,530
14%
2020
$929
1%
$15,410
—
2019
$924
—
$15,415
—
2018
$925
-8%
$15,415
-2%
2017
$1,000
1%
$15,712
—
2016
$992
6%
$15,712
—
2015
$938
—
$15,712
—
2014
$936
1%
$15,712
—
2013
$928
—
$15,712
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1950 E 30th St
1950 E 30th Street, Lorain, OH 44055 (MLS# 5229337) is a Single Family property with 3 bedrooms and 1 full bathroom. 1950 E 30th Street is currently listed for $135,000 and was received on July 21, 2026. Want to learn more about 1950 E 30th Street? Do you have questions about finding other Single Family real estate for sale in Lorain? You can browse all Lorain real estate or contact a Coldwell Banker agent to request more information.
