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380 N Ridge W Road, 
Lorain, OH 44053

$245,000


5

Beds


3

Baths


4,550

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Sam Lofaso

Samuel J Lofaso Iii

Lofaso Real Estate Services

330-220-4780

Last updated:

March 19, 2026, 02:16 PM

MLS#

5192185

Source:

OH NORMLS

About This Home

380 N Ridge W Road

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. ***

Home Facts

Multi-Family

3 Baths

5 Bedrooms

Built in 1978

Price Summary

245,000

$53 per Sq. Ft.

MLS #:

5192185

Last Updated:

March 19, 2026, 02:16 PM

Added:

9 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

4,550 Sq. Ft.


Structure

Structure

Building Area:

4,550 Sq. Ft.

Year Built:

1978


Lot

Lot Size (Sq. Ft):

271,862


Finances & Disclosures

Finances

Price:

$245,000

Price per Sq. Ft:

$53 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.