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$159,900

Listing Price

4beds

2baths

1,792sqft

7,405sqft lot

3934 Gary Ave, Lorain, OH 44055

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Multi-Family

Home type

--

Price / sqft

1949

Year built

Home Details

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. Wi

Interior Details

Square Feet
  • 1792

Bedrooms
  • 4

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Baseboard

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    Full

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 7405

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 2

Style
  • Multifamily

Exterior
  • Aluminum/vinyl

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$1,471

$4,176

$20,360

--%

$24,536

2018

$1,472

$4,176

$20,360

--%

$24,536

2017

$1,590

$4,872

$20,118

--%

$24,990

2016

$1,577

$4,872

$20,118

--%

$24,990

2015

$1,490

$4,872

$20,118

--%

$24,990

2013

$1,412

$4,662

$19,250

--%

$23,912

2011

$1,107

$4,130

$19,600

--%

$23,730

percent-home-icon

Average Home Price in 44055

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$--

4 Beds

2 Baths

1,792 Sqft

6,970 Lot (sqft)

Sold 08/07/2026

$--

4 Beds

2 Baths

1,792 Sqft

7,405 Lot (sqft)

Sold 05/29/2026

$159,900

4 Beds

2 Baths

1,792 Sqft

7,405 Lot (sqft)

Sold 09/29/2026

$--

4 Beds

2 Baths

1,792 Sqft

7,405 Lot (sqft)

Sold 10/06/2026

$--

4 Beds

2 Baths

1,792 Sqft

7,405 Lot (sqft)

Sold 10/06/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
159,900
$
Down payment
31,980
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
959.4
$
HOA (Monthly)
0
$
PMI
0
$
$1,035
Your Payment
Total Monthly Payment:$1,035
Percent of Income:18%
Affordable:Yes

Details for 3934 GARY AVE

Property Debt

Foreclosure Contact Details