Lorain Ohio Homes for Sale

Sheffield Land Co Homes for Sale - Lorain, Ohio

$600,000
5224487 MLS
Established Neighborhood Grocery Store with the Business, Building & Land Included! Take advantage of this rare opportunity to own a long-established, successful neighborhood grocery store in the heart of Lorain! Roman’s Groceries is a true turnkey investment offering the business, building, land, and all equipment needed to continue operations from day one. Serving the community for more than 30 years, this well-known neighborhood market has built a loyal customer base and a proven history of consistent business. The store currently offers groceries, beer, wine, cigarettes, and Ohio Lottery sales, creating multiple streams of revenue. Beer, wine, tobacco, and lottery licenses are available for transfer in accordance with state regulations. Situated on a highly visible corner along Pearl Avenue, the property benefits from excellent traffic exposure and convenient customer access. The approximately 1,624 square foot retail building includes on-site parking, public utilities, central air conditioning, and natural gas forced-air heating. To ensure a smooth transition, the current owners are willing to provide training and consultation for an agreed-upon period. Financial information is available to qualified buyers upon request. Whether you’re an experienced business owner looking to expand your portfolio or an entrepreneur seeking a profitable turnkey operation, this is an exceptional opportunity to own a well-established business with real estate included.

2957 Pearl Avenue, Lorain

Listing Courtesy of: Fabian Candelario, Fabian.candelario21@gmail.com With Russell Real Estate Services

$165,000
6 Beds 2 Baths 5186369 MLS
Massive, well maintained, side-by-side duplex features a range of recent updates and renovations. Situated on a corner lot, this multifamily has tons of charm offering you the Investor-Owner the flexibility to make one unit home while earning rental income, or, rent both for double the income. It's an ideal choice as a cash-flow opportunity with est rental income of $2100/mo or more through Section 8. Each 1,160 sq.ft. unit features 3-bedrooms, 1-full bath, spacious living room, dining room, large kitchen, private basement with laundry area and a semi-finished attic space that's not included in the unit's square footage; however, you have the option to expand the living space by adding a 4th bedroom or bonus room. Key exterior updates include new roof for both house and garage 2025, new gutters and downspouts for both house and garage 2025, house exterior painted 2025, front porch, front balcony and back porches fully maintenanced and painted 2025, new exterior steel doors and storm doors 2025, some new windows 2025. Key interior updates include lower-level new carpet in one unit 2026, kitchen cabinets replaced in one unit 2026, new laminate floors 2025, new vinyl tile 2025, walls and trim freshly painted 2025, new ceiling fans 2025, bathrooms tiled 2024, hot water tanks 2019/2020. Little details such as original woodwork on main stairs to second level adds that warmth, character and beauty to these units. Outdoor enjoyment will be appreciated with the fenced-in backyard. The rare 3-car, detached garage will also give peace of mind with secure parking and storage. This lovely duplex is conveniently located just minutes from I-90 & State Rte-2, retail stores, Lorain Community College, parks and more. Property is vacant. Go and show!!!!

1794 E 33rd Street, Lorain

Listing Courtesy of: Hannah Sias, sias.sellingforyou@gmail.com With Russell Real Estate Services

Selling Office: Russell Real Estate Services.

$143,200
5 Beds 2 Baths 5135432 MLS
WOW! Welcome to 2951 Toledo Ave, Lorain! This spacious colonial sits proudly on an oversized corner lot just off Broadway—near the heart of downtown Lorain. With convenient access to shopping, dining, banking, and the highway, you’ll love both the location and the updates this home offers. Inside, you’ll find 4 bedrooms (with the potential for a 5th, thanks to a versatile Jack-and-Jill setup) and 2 fully renovated bathrooms. The entire home has been refreshed from top to bottom with new flooring, new lighting, fresh paint, a new roof, some new windows, and a completely remodeled kitchen—built from the floor up with modern style and function in mind. All 1,296 square feet have been thoughtfully updated and are move-in ready. Whether you’re relaxing on the extra-wide front porch watching the world go by, or enjoying quiet time on the back deck overlooking a yard big enough for bonfires and gatherings, this home has space for every kind of lifestyle. Bonus features include: *Spacious basement with ample storage, *Additional attic storage tucked behind the bonus room closet, *Plenty of off-street parking, *Updated mechanicals for peace of mind! *Serviced Furnace, *Newer hot water tank, and more! Everything’s been done for you—just move in and enjoy! What are you waiting for?

2951 Toledo Avenue, Lorain

Listing Courtesy of: Nikki Harsa, nikkiharsa@gmail.com With Russell Real Estate Services

Selling Office: EXP Realty, LLC..

$125,000
4 Beds 1 Baths 5119493 MLS
This spacious and well-maintained classic 4-bedroom colonial offers 1,945 square feet of comfortable living space. Timeless charm blends with valuable updates, making this home an excellent option for families seeking room to grow or investors looking for a dependable opportunity. Upon entry, you are welcomed by large, sun-filled living and dining rooms that create a warm and inviting atmosphere - ideal for both everyday living and entertaining. Each of the four bedrooms is generously sized, offering plenty of flexibility for family, guests, or a home office. Key mechanical updates include a brand-new furnace installed in 2023 and a water heater replaced in 2019, providing efficiency and peace of mind. The roof and Pella vinyl windows were upgraded in 2010, and durable vinyl siding adds to the homes curb appeal while keeping maintenance simple. Recent improvements include professional basement waterproofing, mold remediation, fresh paint on the garage, basement windows, porches, and attic, along with electrical and plumbing updates - all adding to the homes reliability and long-term value. The home is now vacant and ready for its next owner or tenant. Ideally located in the heart of Lorain, the home offers easy access to Lake Erie, downtown, local schools, parks, and major highways including I-80 and I-90. With its spacious layout and updated systems, this property offers excellent potential as a reliable rental or as a cosmetic renovation project for added value. This home is value priced so schedule your private showing today!

1633 E 33rd Street, Lorain

Listing Courtesy of: Vaughn C Martin, vmartin63@hotmail.com With RE/MAX Crossroads Properties

Selling Office: Keller Williams Elevate.

$172,250
3 Beds 1 Baths 5115989 MLS
Completely Updated & Move-In Ready! This stunning 3-bedroom Colonial has been transformed from top to bottom, offering a perfect blend of modern finishes and timeless charm. Step into the inviting foyer adorned with elegant marble-like ceramic tile flooring, which flows seamlessly into the brand-new kitchen featuring all new cabinets, countertops, appliances, and matching tile floors. The spacious living and dining rooms showcase stylish vinyl plank flooring and updated recessed lighting throughout the main level, creating a bright and welcoming space. You'll love the newly added sunroom, providing additional square footage and a perfect spot to relax or entertain. Upstairs, enjoy brand-new carpeting in all three bedrooms, an updated bathroom with ceramic tile flooring and a beautifully tiled tub surround, and modern paint tones throughout the home. Outside, this property is a true standout with eye-catching curb appeal—featuring new siding, windows, sidewalks, and a full concrete driveway leading to the 2-car garage. With all the major systems updated, including new plumbing, furnace, central air, hot water tank, and electrical panel, there's nothing left to do but move in and enjoy! Don’t miss your chance to own this incredible home—schedule your showing today!

2434 E 33rd Street, Lorain

Listing Courtesy of: Ralph Mercado, RealtorRalphMercado@gmail.com With Russell Real Estate Services

Selling Office: House to Home Real Estate Professionals, LLC..

$22,000
5096504 MLS
Welcome to an exceptional investment opportunity in Lorain! This commercial listing at 2104 E 28th St, offers a versatile mixed-use property with immense potential. Boasting a central location within the Sheffield Land Co subdivision, this property is strategically positioned for both business and residential purposes. Constructed in 1930, this two-story building encompasses a total of 2,200 sqft, providing a promising canvas for your entrepreneurial vision. As you explore the 0.14-acre lot, you'll find that it features parking space for two vehicles, ensuring convenience for customers or residents. The property is zoned for mixed-use, making it suitable for a range of purposes, from retail to office space. The main level, previously operated as a restaurant and bar, holds great potential for customization to meet your business needs. Whether you envision a restaurant, office space, or retail establishment, the adaptable layout offers the flexibility to bring your vision to life. The property's flat rubber roof and full, unfinished basement contribute to the structural integrity and further expansion possibilities. The upper level, a spacious apartment, provides an excellent opportunity for additional income. The walls between bedrooms have been removed, offering a fresh start for customization and layout optimization. While both units require some TLC and updates, the property's solid foundation and prime location make it an enticing investment. With annual taxes totaling $820, this property aligns with strategic investment goals. The surrounding area features convenient access to public transportation and amenities, enhancing the property's attractiveness for potential tenants or customers. Take advantage of this unique opportunity to operate a business and reside above it or generate income from both the commercial storefront and the sizable apartment space. Schedule your showing today to explore the possibilities and embark on your investment journey in Lorain!!

2104 E 28th Street, Lorain

Listing Courtesy of: Majdey Taye, TheTayeGroup@gmail.com With RE/MAX Transitions

Selling Office: Howard Hanna.

$5,000,000
4445383 MLS
Incredible opportunity to acquire a large, cash flowing portfolio in the west Cleveland submarket of Lorain! This portfolio consists of (92) livable units, (57) of which are single family rentals and (14) which are multifamily or multi-unit properties. At the ask price of $6,000,000, a buyer will acquire a stabilized portfolio at over an 8.5% cap rate with TONS of room of value-add upside. The portfolio is nearly 100% occupied currently, with a rent roll bringing in $80,000 per month! A savvy owner will take advantage of LMHA (Lorain County Metropolitan Housing Authority) rising rents and over time, significantly increase the gross rent roll upon lease trade outs and re-leasing to voucher holding tenants. In addition, there is significant opportunity to reduce owner paid utility expenses (with a focus on water/sewer) through installation of efficient fixtures, typically reducing annual water/sewer expense by 20%+. In doing so, an investor will achieve a scheduled rent roll of over $100,000 per month in income and reduction of expenses, significantly increasing the portfolio's value. The current owner has an office staff that does their property management and they would be willing to stay on if desired. Please reach out or see supplements for full Offering Memorandum.

2914 Seneca Avenue, Lorain

Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services

Selling Office: Keller Williams Classic Properties of Columbus.

Start Your Search

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now and updated as of . Real estate listings held by brokerage firms other than Coldwell Banker Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 MLS Now. All Rights Reserved.

Sheffield Land Co Homes for Sale - Lorain, Ohio

Call or Text (614) 683-5116 to schedule a showing on any Sheffield Land Co Lorain, OH home for sale or to sell your Sheffield Land Co Lorain Ohio home!