380 North Ridge Road

Lorain, OH 44052

$245,000
Price
5
Beds
4,550 Sq. Ft.
$54 / Sq. Ft.
4,550
Sq. Ft.
$54
per Sq. Ft.
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Pending
Pending

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...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.
  1. Listed by Sam LoFaso • LoFaso Real Estate Services
    P: (440)-342-2945 sold@samlofaso.com
  2. Listed by Samuel J LoFaso III • LoFaso Real Estate Services
    P: (330)-635-4846 C: (330)-635-4846 samlofaso3@gmail.com

Property Details for 380 North Ridge Road

Subdivision Name
30114-Lorain/Clearview
Has Waterfront
No
LISTING UPDATED: 03/25/2026 11:21 PM

Property Details for 380 North Ridge Road

StatusPending
MLS #5192185
Days on Market9
Taxes$2,767 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1978
Lot Size6.24 AC / 271,862 SF
CountyLorain County
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Location

Listing Courtesy of LoFaso Real Estate Services
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Building Information for 380 North Ridge Road

Stories2Residences-Year Built1978Building Size-Lot Size6.24 AC / 271,862 SF

Payment Calculator

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$1,451 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,221

Property Taxes

$231

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 380 North Ridge Road

Summary
Location and General Information
  • Directions: St. Rt. 2 Broadway/Middle Ridge Exit. North on Broadway to Left at North Ridge Road. Just West of Clearview School.
  • Latitude: 41.427662
  • Longitude: -82.169041
  • Township: Lorain
Taxes and HOA
  • Parcel Number: 02-01-003-262-025
  • Tax Annual Amount: $2,767.00
  • Tax Year: 2025
School Information
  • Elementary School District: Clearview LSD - 4704
  • High School District: Clearview LSD - 4704
  • Middle or Junior School District: Clearview LSD - 4704
Parking
  • Attached Garage: Yes
  • Carport: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached, Driveway, Garage, On Site, Unpaved
Property
Lot Information
  • Direction Faces: South
  • Lot Features: Wooded
  • Lot Size Acres: 6.2411
  • Lot Size Area: 6.2411
  • Lot Size Source: Owner
  • Lot Size Units: Acres
Property and Assessments
  • Above Grade Finished Area: 4550.0
  • Above Grade Finished Area Source: Assessor
  • Living Area: 4550.0
  • Living Area Units: Square Feet
  • Property Condition: Unknown
  • Year Built: 1978
  • Year Built Source: Owner
Building Features
  • Construction Materials: Aluminum Siding
  • Levels: Two
  • Number of Buildings: 1
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Basement: None
  • Has Basement: No
  • Full Bathrooms: 3
  • Half Bathrooms: 0
  • Total Bathrooms Integer: 3
  • Total Bedrooms: 5
  • Cooling: Other, Window Units
  • Has Cooling: Yes
  • Heating: Electric, Forced Air, Gas
  • Has Heating: Yes
  • Interior Features: Eat In Kitchen
  • Laundry Features: In Unit
  • Main Level Bathrooms: 0
  • Total Rooms: 13
Exterior Features
  • Private Pool: No
  • Roof: Asphalt, Fiberglass, Shingle
  • Stories: 2
  • Total Stories: 2
Unit Information
Unit 1
  • Actual Rent: $900.00
  • Area: 1100.0
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: Upper Level
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: Apartments
Unit 2
  • Actual Rent: $900.00
  • Area: 1600.0
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Description: Main Floor Open concept
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: Apartments
Unit 3
  • Actual Rent: $900.00
  • Area: 1100.0
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: Upper Level
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: Apartments
Rental
Rent Information
  • Tenant Pays: All Utilities

Property History for 380 North Ridge Road

DateEvent & SourcePriceAppreciation
Mar 25, 2026

Contract Signed

MLS Now #5192185

—
Mar 16, 2026

Listed (Active)

MLS Now #5192185

$245,000—
Nov 12, 2025

Temporarily Off Market

MLS Now #5084757

$250,000—
DateEvent & SourcePrice
03/25/2026

Contract Signed

MLS Now #5192185

—
03/16/2026

Listed (Active)

MLS Now #5192185

$245,000
11/12/2025

Temporarily Off Market

MLS Now #5084757

$250,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 380 North Ridge Road

Taxable ValueLand$19,289Additions$52,262Total$71,551
Tax Record2024$2,767 ($231 / month)
Home Facts
Beds1Baths1Total Finished SqFt1,012 SqFtAbove Grade Finished SqFt1,012 SqFtStories1Lot Size435,600 SqFtStyleSingle Family ResidenceYear Built1910CountyLORAINAPN02-01-003-262-025

Schools near 380 North Ridge Road

This home is within Clearview Local School District.
Rating
School
Type
Grades
Distance
Vincent Elementary School
Public - K to 4
Durling Middle School
Public - 5 to 8
Clearview High School
Public - 9 to 12
Clearview Local Schools
Public - 6 to 12
Rating
School
Distance
Vincent Elementary School
PublicK to 4

Durling Middle School
Public5 to 8

Clearview High School
Public9 to 12

Clearview Local Schools
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LoFaso Real Estate Services

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