4217 Riverside Drive

Lorain, OH 44055

$133,500
Price
3
Beds
1,024 Sq. Ft.
$130 / Sq. Ft.
1,024
Sq. Ft.
$130
per Sq. Ft.
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Description

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...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.
  1. Listed by Rakesh Baniya • Cleveland Property Management Group, LLC.
    P: (440)-901-7145 C: (216)-290-5863 rbaniya@clevelandpropertymanagement.com

Property Details for 4217 Riverside Drive

Architectural Style
Ranch
Subdivision Name
Homewood
Has Waterfront
No
LISTING UPDATED: 06/08/2026 07:08 PM

Property Details for 4217 Riverside Drive

StatusActive
MLS #5217023
Days on Market1
Taxes$2,873 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1956
Lot Size0.15 AC / 6,534 SF
CountyLorain County
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Location

Listing Courtesy of Cleveland Property Management Group, LLC.
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Building Information for 4217 Riverside Drive

Stories1Year Built1956Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

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$905 per month

30 year fixed, 6.36% Interest

Principal and Interest

$665

Property Taxes

$239

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 4217 Riverside Drive

Summary
Location and General Information
  • Directions: Leavitt Rd to Meister Rd, north on Riverside Dr. Property on right.
  • Latitude: 41.431399
  • Longitude: -82.104258
  • Township: Lorain
Taxes and HOA
  • Association: No
  • Parcel Number: 03-00-079-126-025
  • Tax Annual Amount: $2,873.00
  • Tax Legal Description: HOMEWOOD 3 60 X 115 LOT # 00692
  • Tax Year: 2025
School Information
  • Elementary School District: Lorain CSD - 4709
  • High School District: Lorain CSD - 4709
  • Middle or Junior School District: Lorain CSD - 4709
Parking
  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached, Garage
Property
Lot Information
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
Property and Assessments
  • Above Grade Finished Area: 1024.0
  • Above Grade Finished Area Source: Assessor
  • Land Lease: No
  • Living Area: 1024.0
  • Living Area Units: Square Feet
  • Year Built: 1956
  • Year Built Source: Public Records
Building Features
  • Construction Materials: Aluminum Siding
  • Levels: One
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Has Basement: No
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bathrooms Integer: 1
  • Total Bedrooms: 3
  • Cooling: Central Air
  • Has Cooling: Yes
  • Total Fireplaces: 0
  • Fireplace: No
  • Heating: Gas
  • Has Heating: Yes
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Total Rooms: 6
Exterior Features
  • Private Pool: No
  • Roof: Asphalt, Asbestos Shingle, Fiberglass
  • Stories: 1
  • Total Stories: 1
Rental
Tenant Information
  • Occupant Type: Tenant

Property History for 4217 Riverside Drive

DateEvent & SourcePriceAppreciation
Jun 7, 2026

Listed (Active)

MLS Now #5217023

$133,500—
Aug 22, 2022

Sold (Public Record)

Public Record #1496176586

$95,000—
DateEvent & SourcePrice
06/07/2026

Listed (Active)

MLS Now #5217023

$133,500
08/22/2022

Sold (Public Record)

Public Record #1496176586

$95,000

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

Public Records for 4217 Riverside Drive

Taxable ValueLand$6,330Additions$16,660Total$22,990
Tax Record2021$1,173 ($98 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,024 SqFtAbove Grade Finished SqFt1,024 SqFtStories1Lot Size6,534 SqFtStyleSingle Family ResidenceYear Built1956Year Renovated1970CountyLORAINAPN03-00-079-126-025Fireplace TypeHas Fireplace

Schools near 4217 Riverside Drive

This home is within Lorain City School District.
Rating
School
Type
Grades
Distance
Helen Steiner Rice Elementary School
Public - PK to 5
Southview Middle School
Public - 6 to 8
Lorain High School
Public - 9 to 12
Digital Academy
Public - K to 12
Rating
School
Distance
Helen Steiner Rice Elementary School
PublicPK to 5

Southview Middle School
Public6 to 8

Lorain High School
Public9 to 12

Digital Academy
PublicK 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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More information about 4217 Riverside Drive, Lorain, OH 44055

4217 Riverside Drive is a single family home for sale in Lorain, OH 44055. This property was listed for sale on June 7, 2026 by Cleveland Property Management Group, LLC., it's currently listed at $133,500. It has been on the market for a total of 1 days and was last sold on August 22, 2022. This listing's school district is Lorain City School District. Nearby schools include Helen Steiner Rice Elementary School, Southview Middle School and Lorain High School. 4217 Riverside Drive is a 3-bed, 1-bath, 1,024 sqft single family home built in 1956.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Cleveland Property Management Group, LLC.

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