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4217 Riverside Drive Lorain, OH $ 133,500
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4217 Riverside Drive
$ 133,500
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4217 Riverside Drive

Lorain, OH, 44055
$ 133,500
Bedrooms3 Baths1.0 Sq 1,024

Monthly Estimate*

$ 822

4217 Riverside Drive, Lorain, OH 44055 - Image 1
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4217 Riverside Drive, Lorain, OH 44055 - Image 4
4217 Riverside Drive, Lorain, OH 44055 - Image 5
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4217 Riverside Drive, Lorain, OH 44055 - Image 9
4217 Riverside Drive, Lorain, OH 44055 - Image 10
4217 Riverside Drive, Lorain, OH 44055 - Image 11
4217 Riverside Drive, Lorain, OH 44055 - Image 12
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Single Family Home for sale in Lorain, OH

for $133,500 with 3 bedrooms and 1 full bath. This 1,024 square foot home was built in 1956 on a lot size of 0.15.

Add a cash-flowing asset to your portfolio with this occupied 3-bedroom, 1-bath ranch in Lorain. The property is currently rented for $1,355 per month with a long-term tenant in place and a lease secured through October 2027, providing immediate and reliable rental income. The home features a functional layout with a spacious living room and eat-in kitchen. Outside, a patio overlooks the large backyard, offering added appeal for tenants. Conveniently located near Helen Steiner Rice Elementary School and just minutes from Homewood Park, Days Dam Waterfall, and the Black River Reservation, the property offers easy access to outdoor recreation, walking trails, and green space. Nearby shopping, dining, and major roadways further enhance its desirability for tenants. Whether you're looking to expand your rental portfolio or acquire a property with established income, this investment opportunity offers stable cash flow and long-term income potential.

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Single Family Active

Price

$ 133,500

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 2,873

Style

Lot Size

0.15

Year Built

1956

Town/City

Lorain

County/Region

Lorain

MLS | Web ID

5217023
Features
General
Sewer Public Sewer
Heating Gas
Cooling Central Air
Possession Delivery Of Deed
Roof Asphalt Asbestos Shingle Fiberglass
Garage Spaces 1
Architectural Style Ranch
Construction Materials Aluminum Siding
Year Built 1956
Stories Count 1
Township Lorain
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Lorain
Property Type Residential
HOA false
Attached Garage false
Subdivision Name Homewood
Garage Y/N true
Total Rooms 6
Full Baths 1
Status Active
Directions Leavitt Rd to Meister Rd north on Riverside Dr. Property on right.
City Lorain
High School District Lorain CSD - 4709
Lot Size Units Acres
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 2873
Home Warranty Y/N false
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Lorain CSD - 4709
Elementary School District Lorain CSD - 4709
Year Built Source Public Records
Property Sub Type Additional Single Family Residence
Legal Description HOMEWOOD 3 60 X 115 LOT # 00692
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Interior
Total Fireplaces 0
Total Stories 1
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Above Grade Finished Area 1024
Half Baths 0
Total Bedrooms 3
Main Level Bedrooms 3
Main Level Bathrooms 1
Above Grade Finished Area Source Assessor
Total Baths 1
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Exterior
Parking Features Detached Garage
Water Source Public
Lot Size Area 0.15
Lot Size Acres 0.15
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded Features
List By
Rakesh Baniya

Listing Agent

Cleveland Property Management Group, Llc.

Broker

rbaniya@clevelandpropertymanagement.com

Email

Affordability Calculator

$1,061
Per Month
77%
23%
0%
Monthly Principal & Interest
$822
Monthly Property Taxes
$239
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/8/2026$133,500 Listed Price

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4217 Riverside Drive, Lorain, OH, 44055 is a Single Family Home for sale at $133,500 with 1,024 sqft and a lot size of 0.15. 4217 Riverside Drive has 3 bedrooms, 1.0 baths, and was built in 1956. The property's zip code is 44055 which is in Lorain, OH

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