Lorain, OH 44052,407 Idaho AVE
Lorain, OH 44052,407 Idaho AVE
Lorain, OH 44052,407 Idaho AVE
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$199,900
Est. payment /mo
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6 Beds
3 Baths
2,940 SqFt
Pending

407 Idaho AVE Lorain, OH 44052

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Key Details

Property Type Single Family Home, Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,940 sqft

Price per Sqft $67

Subdivision C A Sturrevants Fairhome

MLS Listing ID 5135004

Bedrooms 6

Full Baths 3

Construction Status Unknown

HOA Y/N No

Abv Grd Liv Area 2,940

Year Built 1900

Annual Tax Amount $2,220

Tax Year 2024

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Triplex

Property Description

Legal triplex with strong cash flow potential! This property includes two one-bedroom front units, each currently rented at $825/month, and a spacious four-bedroom upstairs unit that is currently vacant and ready for occupancy. Ideal for both investors and owner-occupants, it offers immediate income with room for future upside.

The upstairs four-bedroom unit has been recently updated with new vinyl flooring and additional improvements throughout. A new furnace was installed in 2025, and the two front units share a large 50-gallon hot water tank, installed in 2021. All units are separately metered for electric, with shared heat and hot water for the front units. Whether you're expanding your portfolio or seeking a house hacking opportunity, this triplex offers flexibility and value.

Location

State OH

County Lorain

Direction West

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Parking Features On Site, On Street

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Private Pool No

Building

Faces West

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Construction Status Unknown

Schools

School District Lorain Csd - 4709

Others

Tax ID 02-00-051-116-002

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard


Listed by Oliver Moreau • Progressive Urban Real Estate Co • omoreau@progressiveurban.com, 216-536-8535

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agent

Becky McNeely

Agent | License ID: 2009003831, WV0028872

+1(740) 359-9244

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407 Idaho AVE