2331 Homewood Drive Lorain, OH $ 140,000
2331 Homewood Drive
$ 140,000
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2331 Homewood Drive

Lorain, OH, 44055
$ 140,000
Bedrooms4 Baths2.0 Sq 2,688

Monthly Estimate*

$ 884

2331 Homewood Drive, Lorain, OH 44055 - Image 1
2331 Homewood Drive, Lorain, OH 44055 - Image 2

Multi-Family Home for sale in Lorain, OH

for $140,000 with 4 bedrooms and 2 full baths. This 2,688 square foot home was built in 1949 on a lot size of 0.1722.

Great opportunity to own a spacious duplex in Lorain! Each unit offers a functional layout with an eat-in kitchen, living room, two bedrooms, and one full bathroom. One side features newer LVP flooring and new countertops, while the other side boasts new stained wood floors, an updated bathroom, and solar panels. Both units offer comfortable living spaces with convenient laundry access in the basement. A large rear parking area provides plenty of off-street parking. Whether you're looking to expand your investment portfolio or owner-occupy one unit while generating rental income from the other, this duplex offers versatility and value.

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Multi-Family Active

Price

$ 140,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,793

Style

Lot Size

0.1722

Year Built

1949

Town/City

Lorain

County/Region

Lorain

MLS | Web ID

5242387

Features
General
Sewer Public Sewer
Heating Forced Air Gas
Cooling Wall Unit(s)
Possession Negotiable
Roof Asphalt Fiberglass
Construction Materials Vinyl Siding
Year Built 1949
Tenant Pays Cable TV Electricity Gas Heat Internet
Stories Count 2
Township Lorain
Levels Two
Property Subtype Duplex
Tax Year 2025
County Lorain
Property Type Residential Income
Attached Garage false
Subdivision Name Homewood
Garage Y/N false
Total Rooms 10
Full Baths 2
Status Active
Directions 1 block East of Rt. 57
City Lorain
High School District Lorain CSD - 4709
Lot Size Units Acres
Carport Y/N false
Tax Annual Amount 1793
Home Warranty Y/N false
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Lorain CSD - 4709
Elementary School District Lorain CSD - 4709
Year Built Source Public Records
Property Sub Type Additional Duplex
Legal Description HOMEWOOD 50.00 X 150.00 LOT # 157
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Interior
Basement Full Unfinished
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Above Grade Finished Area 2688
Half Baths 0
Total Bedrooms 4
Main Level Bathrooms 0
Above Grade Finished Area Source Public Records
Total Baths 2
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Exterior
Parking Features Unpaved
Water Source Public
Lot Size Area 0.1722
Number of Buildings 1
Lot Size Acres 0.1722
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded Features
List By
Michael P Terrigno

Listing Agent

Russell Real Estate Services

Broker

michael_terrigno@yahoo.com

Email

Affordability Calculator

$1,033
Per Month
86%
14%
0%
Monthly Principal & Interest
$884
Monthly Property Taxes
$149
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4458042 Elementary School
4458082 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/4/2026$140,000 Listed Price

Map


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2331 Homewood Drive, Lorain, OH, 44055 is a Multi-Family Home for sale at $140,000 with 2,688 sqft and a lot size of 0.1722. 2331 Homewood Drive has 4 bedrooms, 2.0 baths, and was built in 1949. The property's zip code is 44055 which is in Lorain, OH