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3934 Gary Avenue, 
Lorain, OH 44055

$140,000


4

Beds


2

Baths


2,688

Sq Ft


Multi-Family

Sold

Listed by

Majdey Taye

Elizabeth M Vangorder

Bought with Realtywise, Inc.

RE/MAX Transitions

440-597-3629

MLS#

5143895

Source:

OH NORMLS

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About This Home

3934 Gary Avenue

Welcome to 3934 Gary Avenue, a spacious duplex located in the Homewood subdivision of Lorain. This property offers an excellent opportunity for investors looking for steady rental income with strong long-term potential. Featuring two large units, each side offers approximately 1,344 square feet of comfortable living space with a practical layout. Every unit includes 2 bedrooms, 1 full bath, a sizable living room with hardwood floors, a functional kitchen, and access to a full private basement with laundry hookups and plenty of storage. Currently, both units are tenant-occupied on month-to-month leases, bringing in a combined monthly income of $1,500, making this a true turnkey investment. The home has been thoughtfully updated with a new roof in 2019, new furnaces in 2019, and energy-efficient systems that help reduce long-term maintenance costs. Tenants pay all utilities, including gas, electric, water, sewer, & trash, while the owner is only responsible for property taxes, which helps keep operating expenses low. Both units feature wood flooring in bedrooms and living areas, vinyl flooring in the bathrooms, and glass block windows in the basements for natural light and durability. Outside, the home has vinyl siding, a full covered front porch, a long paved driveway offering off-street parking, and additional street parking for convenience. The backyard is generously sized, partially fenced, landscaped, and includes a storage shed, providing outdoor space & functionality. With unfinished basements for each unit, there is ample room for storage or potential to enhance for future value. Located close to shopping, restaurants, schools, and major highways, the property is well-positioned to attract consistent rental demand. With reliable income, separate utilities, and key updates already in place, this duplex is a fantastic addition to any portfolio. Don’t miss your chance to own a solid, income-producing property in Lorain with room for growth and long-term returns!

Home Facts

Multi-Family

2 Baths

4 Bedrooms

Built in 1949

Price Summary

140,000

$52 per Sq. Ft.

MLS #:

5143895

Sold:

April 10, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,688 Sq. Ft.


Structure

Structure

Building Area:

2,688 Sq. Ft.

Year Built:

1949


Lot

Lot Size (Sq. Ft):

7,405


Finances & Disclosures

Finances

Price:

$140,000

Price per Sq. Ft:

$52 per Sq. Ft.

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