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Residential Lots in Lorain, OH
For Sale
$39,900

Charles Drive, Lorain, OH 44053

Land, Lorain, OH

Property SizeContact for details
Lot Size0.03 Acres
Days on Market194

Property Features for Charles Drive

General Information

Property type Land
Property subtype Other
Subdivision Villas At Martins Run Sub
Lot features Cleared, Level
Elementary school district Lorain CSD - 4709
Middle school district Lorain CSD - 4709
High school district Lorain CSD - 4709
Directions Meister Rd to James Madison Drive. Turn right on Charles drive 4416 Charles Drive is on right.
Standard status Active
APN 02-02-011-000-146
Lot size 0.03 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description VILLAS AT MARTINS RUN SUB 1 25 X 50
Tax Annual Amount 237
Legal Description VILLAS AT MARTINS RUN SUB 1 25 X 50

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: RE/MAX Above & Beyond · RE/MAX International
Listed By: Katy Brahler · License #412877
Added: Feb 17 Changed: Aug 20 Last Checked: Aug 30 at 12:06PM
MLS# 5187396

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

These four residential lots offer an opportunity for development. The plots are situated in a peaceful setting, combining natural beauty and convenience. The lots are spacious enough to accommodate creative designs and are well-connected to local amenities. The intended use of the property is for building a dream home, a vacation retreat, or an investment property. The lots are suitable for a multi-family rental property or a sleek condo, offering the flexibility to create a modern, income-generating property. Each individual lot is approximately 0.0287 acres and is located in Lorain, OH.

Key Highlights

  • Four lots offered as a package deal.
  • Affordable opportunity at $19,900 per lot.
  • Suitable for building a dream home, vacation retreat, or investment property.

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

152
Businesses Nearby

Demographics for 44053, OH

20,735
Population
9,529
Households
2.2
Avg Household Size
44
Median Age
21%
College-Educated
91%
High-School Grad
10.8 sq mi
ZIP Area
1,920
Density / Sq Mi
$65,332
Median Household Income
$43,654
Median Earnings
$827
Median Rent
$189,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Four residential lots for development in a peaceful setting.
Where is this land located?
The property is located at Charles Drive Lorain, OH.
What is the asking price?
The asking price for this property is $39,900.
What are key features of this property?
This property features: Four lots offered as a package deal.; Affordable opportunity at $19,900 per lot.; Suitable for building a dream home, vacation retreat, or investment property.
More about this property
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