$203,500
- 8 Beds
- 4 Baths
- 1,120 sqft
1508 Long Ave, Lorain, OH 44052
Est. Refi. Payment $1,360/mo*
Refinance Your HomeCurrently Off Market - Sold Dec 22, 2020 for $102,500
Home Value
Trulia Estimate
$204KSince last month
Increased$4K (+2.2%)Since last year
Increased$31K (+18%)Since last sale
Increased$101K (+98.5%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +434% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $204K |
| August 2026 | $202K |
| July 2026 | $199K |
| June 2026 | $195K |
| May 2026 | $194K |
| April 2026 | $196K |
| March 2026 | $191K |
| February 2026 | $186K |
| January 2026 | $171K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.22 | Multi-Family Home | $130,000 | 03/24/26 | 3 | 2 | 1,072 | |
0.40 | Multi-Family Home | $100,000 | 09/22/25 | 4 | 3.5 | 2,414 | |
0.49 | Multi-Family Home | $250,000 | 02/03/26 | 7 | 5 | 1,208 | |
0.13 | Multi-Family Home | $212,000 | 02/26/26 | 8 | 4 | - | |
0.41 | Multi-Family Home | $210,000 | 12/19/25 | 6 | 3 | 2,072 | |
0.31 | Multi-Family Home | $135,000 | 12/18/25 | 3 | 2 | 1,144 | |
0.34 | Multi-Family Home | $160,000 | 10/02/25 | 6 | 2 | 2,160 | |
0.16 | Multi-Family Home | $144,000 | 11/17/25 | 3 | 2 | 1,290 | |
0.34 | Multi-Family Home | $160,000 | 10/01/25 | 6 | 2 | 2,160 | |
0.29 | Multi-Family Home | $50,000 | 05/07/26 | 5 | 2 | 1,894 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | $132,500 | 3 | 1 | 1,496 | For Sale | |
0.05 | $64,900 | 4 | 2 | 1,664 | For Sale | |
0.05 | $80,000 | 3 | 1 | 914 | Recently Sold | |
0.04 | $41,900 | 7 | 2 | 2,298 | Off Market | |
0.03 | $325,000 | 3 | 5 | - | For Sale | |
0.07 | $154,100 | 4 | 2 | 1,442 | Off Market | |
0.06 | $90,000 | 3 | 1 | 1,219 | Recently Sold | |
0.08 | $80,800 | 3 | 1 | 1,267 | Off Market | |
0.09 | $71,000 | 3 | 1 | 1,140 | Off Market | |
0.09 | $162,000 | 3 | 1.5 | 1,359 | Off Market | |
0.08 | $3,750 | - | - | - | For Sale | |
0.08 | $130,500 | 4 | 2 | - | Off Market |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1900
1,120 sqft
$182/sqft
About this House
Excellent Investment Opportunity Awaits!!! FOUR Units In the Revitalized Lorain Area! This Property Has TWO Multi-Family Units On One Lot (With One Parcel Number). Each Units Features Two Bedrooms and One Full Bath. Laundry Hook-Ups Are Located In the Basement. The Electric Is Updated Throughout Both Properties. One Unit Has Boiler Heat and One Unit Has Gas Furnace. There Is Ample Off Street Parking. Completely Fully Rented With Long Term Tenants. $25,200 Annually Gross. Annual Expenses Are $6500 Estimated. Call Today To Find Out More!!
1508 Long Ave, Lorain, OH 44052 is a 8 bedroom, 4 bathroom, 1,120 sqft multi-family built in 1900. It last sold for $102,500 on Dec 22, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $203,500, with a rent estimate of $1,000/month.
Home Details for 1508 Long Ave
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Interior Details BasementAtticNumber of Rooms: 10 |
Heating & Cooling Heating: Forced Air, GasHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 2 |
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Exterior Home Features Roof: AsphaltExterior: VinylPatio |
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Year Built Year Built: 1900 |
Property Type / Style Property Type: Multi Family |
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Units in Building: 4 |
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Lot Area: 6969 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Dec 22, 2020 Source: N/A | Sold | $102,500 |
Mar 5, 2020 Source: Agent Provided | ListingRemoved | $118,900 |
Feb 24, 2020 Source: Agent Provided | Listed For Sale | $118,900 |
Sep 1, 2016 Source: MLS Now #3736971 | Sold | $38,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,502 | $178,000 |
Home facts updated by county records
Market trends in Lorain
Last updated July 2026
Avg. sale price
$163K
$8.42KMoM
Sale-to-List Price
100.0%
Price per sq ft
$116
$4MoM
Available listings
194
3MoM
Around this home
What Locals Say about Lorain
At least 450 Trulia users voted on each feature.
84 % Say car is needed
83 % Say there are sidewalks
82 % Say yards are well-kept
82 % Say parking is easy
72 % Say there's holiday spirit
71 % Say it's dog friendly
69 % Say kids play outside
53 % Say neighbors are friendly
50 % Say there's wildlife
49 % Say streets are well-lit
47 % Say it's quiet
46 % Say it's walkable to grocery stores
44 % Say they plan to stay for at least 5 years
41 % Say people would walk alone at night
31 % Say it's walkable to restaurants
22 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 1508 Long Ave
- What is 1508 Long Ave estimated to be worth?Trulia's estimated value for 1508 Long Ave in Lorain, OH is $203,500.
- What is the price history for 1508 Long Ave?1508 Long Ave in Lorain, OH last sold for $102,500 in December 2020.
- Is Lorain a buyer's or seller's market?Lorain is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Lorain?The median sale price in Lorain is $163K. That is up $8.42K from the prior month.