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    316 W 10Th St Lorain, OH 44052

    Pending
    For Sale
    $230,000

    MULTI_FAMILY - Lorain, OH

    Property size:
    2,072 SF
    Lot size:
    0.17 Acres
    Days on Market:
    15
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 316 W 10Th St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Rooms
    Basement, Bathroom 3, Bedroom 5, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 2
    Bedrooms
    5
    Bathrooms
    3
    APN
    02-01-004-113-016
    Parking features
    Driveway, On Street
    Size
    2,072 SF
    Lot size
    0.17 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1923
    Floors in Building
    2
    Building materials
    VinylSiding
    Roof type
    Shingle

    Russell Real Estate Services (440) 268-9491 [email protected]

    Listing agent Christina L Coughlin (440) 742-4644 License #2015001882

    Listing date Nov 21, 2025

    MLS# 5171576 Listing URL

    Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Triplex in Lorain, OH

    Located in Lorain, OH, this updated triplex at 316 W 10th St presents an opportunity for house hackers and investors. The property includes two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. One of the smaller units is currently rented. The two larger units are vacant and move-in ready. The property has undergone updates, including new windows (scheduled for 2025), a roof replaced around 2021, fresh interior and exterior paint, new vinyl siding (scheduled for 2025), and new flooring throughout. The bathrooms have been updated with tubs, toilets, and vanities. The exterior features fresh landscaping. New furnaces were installed in 2022 and hot water tanks in 2023. Extra paint and flooring are being left on-site. The owner currently covers water and sewer, while tenants handle the remaining utilities. The property is situated on a lot of 0.17 acres and the building size is 2072 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lorain
    County
    Lorain
    State
    Ohio
    Longitude
    -82.174911
    Latitude
    41.461303

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    FAQs

    What type of property is this?
    Triplex - Updated triplex with income potential for investors or owner-occupants.
    Where is this triplex located?
    The property is located at 316 W 10Th St Lorain, OH.
    What is the asking price?
    The asking price for this property is $230,000.
    What are key features of this property?
    This property features: - Projected 9.9% cap rate based on $2,700 monthly gross rents when fully stabilized.; - Two vacant, move-in ready 2-bedroom units offer immediate rental income potential or owner-occupancy option.; - Extensive recent updates including new windows (2025), roof (approx. 2021), and vinyl siding (2025), flooring, and updated bathrooms.
    (440) 742-4644
    Request Owner's contact information
    316 W 10Th St Lorain, OH 44052
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    Lorain, OH 44052
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    316 W 10Th St Lorain, OH 44052
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