Date
Details
Price
Change
Source
3/16/2026
Listed
$245,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$245,000 Sale Pending
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Property Description
Rare 3-unit multi-family opportunity in Lorain County offering both income potential and exceptional flexibility! The first floor features approximately 1,600 square feet of open space, making it ideal for an owner's suite, home-based business, office space, or conversion into an additional rental unit. The second floor includes two separate units, each offering 2 bedrooms, 1 full bath, an eat-in kitchen, and spacious living areas, totaling approximately 1,100 square feet. Both units were previously rented for around $900 per month (under market value for today's rental pricing), providing strong potential for steady residual income. Situated on 6.24 acres of country property, this parcel offers incredible possibilities for the right buyer- whether you're looking to expand rental income, run a business, or enjoy the privacy and flexibility of rural living. Conveniently located just off Broadway and State Route 2, this property combines accessibility with space and opportunity. This home is in need of repairs and is being Sold As-Is and priced accordingly. A unique investment with multiple income streams and room to grow- schedule your showing today! ***Note This property is being offered subject to the lot split in the photos and also in the attachments. It will be recorded prior to title transfer. ***
Full Property Details
Full Property Details for 380 N Ridge Road W
General
- Price: $245,000
- Taxes: $2,767 (2025)
- Status: Pending
- Type: Triplex
- Source: 505
- MLS ID: 5192185
- Updated: 3/26/2026
- Added to Site: 18 day(s) ago
Interior
- Number of Rooms: 13
- Interior Features: Eat-in Kitchen
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: In Unit
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Parking Features: Attached, Driveway, Garage, On Site, Unpaved
Location
- County: Lorain
- Township: Lorain
- Subdivision: 30114-Lorain/Clearview
- Driving Directions: St. Rt. 2 Broadway/Middle Ridge Exit. North on Broadway to Left at North Ridge Road. Just West of Clearview School.
- Direction Faces: South
School Information
- Elem School District: Clearview LSD - 4704
- Midd School District: Clearview LSD - 4704
- High School District: Clearview LSD - 4704
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Other, Window Unit(s)
- Heating Type: Electric, Forced Air, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Aluminum Siding
- Basement Desc.: None
- Roof: Asphalt, Fiberglass, Shingle
- Stories/Levels: 2
- Square Feet: 4,550
- Living Area: 4,550 Sq. Ft.
- Finished Above Grnd: 4,550 Sq. Ft.
- Year Built: 1978
- Year Built Source: Owner
Lot Features
- Lot Size (Acres): 6.2411
- Lot Size: 6.2411
- Lot Size Source: Owner
- Lot Features: Wooded
Financial Considerations
- Tax Amount: $2,767
- Tax Year: 2025
- Tenant Pays: All Utilities
Disclosures and Reports
- Disclosures/Rstr.: Principal is Real Estate Licensed
- Property ID: 02-01-003-262-025
Listed by LoFaso Real Estate Services, Sam LoFaso and LoFaso Real Estate Services, Samuel J LoFaso III
We Value Your Privacy
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Listing agents
— 380 N Ridge Road W —
Sam LoFaso
LoFaso Real Estate Services
Samuel J LoFaso III
LoFaso Real Estate Services
330-220-4780, sold@samlofaso.com
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 380 N Ridge Road W
School District:Clearview Local School District
| Name | Grades | Distance |
|---|---|---|
Durling Middle School 100 N Ridge Rd W, Lorain, OH 44053 | 5-8 | 0.2 mi |
Vincent Elementary School 2303 North Ridge Road, Lorain, OH 44055 | K-4 | 2.8 mi |
Clearview High School 4700 Broadway, Lorain, OH 44052 | 9-12 | 0.3 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 380 N Ridge Road W
Tax History
Tax History for 380 N Ridge Road W
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,767
-11%
$71,551
8%
2023
$3,106
-14%
$66,311
8%
2021
$3,593
7%
$61,240
-8%
2022
$3,366
-13%
$66,320
8%
2020
$3,878
5%
$61,240
—
2019
$3,698
—
$61,244
—
2018
$3,701
-13%
$61,244
-4%
2017
$4,273
—
$64,110
—
2016
$4,263
2%
$64,110
—
2015
$4,162
3%
$64,110
—
2014
$4,040
4%
$64,110
—
2013
$3,889
—
$64,110
—
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 380 N Ridge Road W
380 N Ridge Road W, Lorain, OH 44053 (MLS# 5192185) is a Triplex property with 5 bedrooms and 3 full bathrooms. 380 N Ridge Road W is currently listed for $245,000 and was received on March 16, 2026. Want to learn more about 380 N Ridge Road W? Do you have questions about finding other Triplex real estate for sale in Lorain? You can browse all Lorain real estate or contact a Coldwell Banker agent to request more information.