Home for Sale at 2500 E 32nd Street in Lorain, OH for $125,000

Listing data updated August 14, 2025 - 12:15pm
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2500 E 32nd Street | Lorain

$125,000 | 3 Beds | 1 Baths (1 Full) | 2,062 Sq. Ft.

This solid 3-bed, 1-bath home is tenant-occupied through 12/31/25 at $1,350/month, offering immediate cash flow with potential long-term rental stability for investors. The current tenant is interested in staying beyond lease end. Major mechanicals have been updated: furnace mid-life and hot water tank (2021), vinyl windows throughout, and a mid-life roof and a detached garage. A standout feature is the large rear addition with a private entrance \u2014 currently used as a rec room, but offering flexible future potential. Located on a quiet residential street with off-street parking. Strong rental performer with low maintenance \u2014 ideal for buy-and-hold investors. Please reach out to co-list for additional photos. All information deemed reliable but not guaranteed \u2014 buyer to perform their own due diligence regarding condition, layout, and rental terms. Professional management in place and willing to stay on. Full service management with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services available for remote investors! MLSNow 5129339

Directions to property: Off Tacoma Ave, between E 31 St and Homewood Dr

MLS Listing ID: 
MLSNow 5129339
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$125,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Residential
Property Sub Type: 
Single Family Residence
Primary Market Area: 
Lorain
Address: 
2500 E 32nd Street, Lorain, OH 44055
County: 
Lorain
Latitude: 
41.4413760
Longitude: 
-82.1124120
Directions: 
Off Tacoma Ave, between E 31 St and Homewood Dr
Public Remarks: 
This solid 3-bed, 1-bath home is tenant-occupied through 12/31/25 at $1,350/month, offering immediate cash flow with potential long-term rental stability for investors. The current tenant is interested in staying beyond lease end. Major mechanicals have been updated: furnace mid-life and hot water tank (2021), vinyl windows throughout, and a mid-life roof and a detached garage. A standout feature is the large rear addition with a private entrance \u2014 currently used as a rec room, but offering flexible future potential. Located on a quiet residential street with off-street parking. Strong rental performer with low maintenance \u2014 ideal for buy-and-hold investors. Please reach out to co-list for additional photos. All information deemed reliable but not guaranteed \u2014 buyer to perform their own due diligence regarding condition, layout, and rental terms. Professional management in place and willing to stay on. Full service management with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services available for remote investors!
Community Information
School District: 
Lorain CSD - 4709
Subdivision: 
Sheffield Land \u0026 Improv C
Building Details
Details about the building on a property.
Architectural Style: 
Colonial
Stories: 
2
Year Built: 
1902
Living Area: 
2,062
Basement: 
Full
Construction
Construction Materials: 
Vinyl Siding
Roof: 
Asphalt,Fiberglass,Shingle
Porch: 
Front Porch
Room Details
Details about the rooms in the building.
Total Rooms: 
6
Total Bedrooms: 
3
Total Bathrooms: 
1
Total Full-Bathrooms: 
1
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air
Cooling System: 
Central Air
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.13
Lot Size (Area): 
0.13
Lot Features
Parking Type: 
Detached,Garage
Public Record
Parcel Number: 
03-00-081-109-001
Annual Tax: 
$2,097.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Disclosures: 
Principal is Real Estate Licensed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Michael Azzam
Listing Office Name: 
RE/MAX Haven Realty

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