2533 E  40th St, Lorain, OH 44055
Property image
Property image
OFF MARKET

2533 E 40th St
Lorain, OH 44055

  • 3 Beds
  • 1 Bath
  • 900 sqft

$109,700

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $752/mo*

$109,700

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $752/mo*
3 Beds
1 Bath
900 sqft

Home Value

Trulia Estimate
$110K
Since last month
Decreased$5K (-4.6%)
Since last year
Increased$500 (+0.5%)
Since last sale
Increased$64K (+142.2%)
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 +108% in the last 10 years
MonthEstimated value
2026
August 2026$109K
July 2026$109K
June 2026$114K
May 2026$115K
April 2026$112K
March 2026$112K
February 2026$106K
January 2026$104K
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
0.10
Single-Family Home
$65,000
01/14/26
3
1
936
0.34
Single-Family Home
$56,500
12/29/25
3
1
864
0.26
Single-Family Home
$60,000
12/05/25
3
1
1,111
0.25
Single-Family Home
$108,000
03/31/26
3
1
960
0.21
Single-Family Home
$139,000
03/19/26
3
1
864
0.24
Single-Family Home
$150,000
02/13/26
3
1
992
0.26
Single-Family Home
$100,000
06/22/26
3
1
1,068
0.24
Single-Family Home
$135,000
11/26/25
3
1
1,136
0.35
Single-Family Home
$64,000
01/21/26
2
1
768
0.15
Single-Family Home
$130,000
06/04/26
3
1
1,113

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
0.06
$160,900
3
1
864
Off Market
0.07
$138,600
3
1
864
Off Market
0.04
$172,200
3
1
-
Off Market
0.09
$160,700
3
1
1,090
Off Market
0.06
-
3
1
976
Off Market
0.06
$172,500
4
1
1,306
Off Market
0.07
$154,600
3
1
-
Off Market
0.10
$165,500
3
1
864
Off Market
0.09
$147,900
3
1
912
Off Market
0.13
$203,000
3
1.5
1,690
Off Market
0.14
$175,000
3
2
2,208
For Sale
0.15
$130,000
3
1
1,113
Recently Sold

Local Information

  • Map ViewExplore the area around 2533 E 40th St.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1950
Living Area
900 sqft
Price/Sqft
$122
Parking
Garage

About this House

Open showing of the home
Friday the 4th 4-5pm
Saturday the 5th 10-11am

Ranch style home on large lot on the Southside near schools and easy access to Rt57. Central Air. Private driveway with large fenced in back yard and garage. Stove and refrigerator provided. Small pets allowed. 12 or 24 month lease, $800 per month plus all utilities. $800 maintenance/security deposit. Available for Jan move in.

12 or 24 month lease. South Lorain - 3 bedroom, 1 bath, 1 car garage, AC, large lot with fenced in back yard and deck. Tenant pays all utilities (water, electric, gas, cable, etc).
2533 E 40th St, Lorain, OH 44055 is a 3 bedroom, 1 bathroom, 900 sqft single-family home built in 1950. It last sold for $45,000 on Nov 21, 2016. More recently, it was listed as a rental in December 2018 with an asking price of $800 per month. That rental listing was removed on March 24, 2021. It is currently off market. The Trulia Estimate is $109,700, with a rent estimate of $1,113/month.

Home Details for 2533 E 40th St

Interior Features

Heating & Cooling
Heating: Forced Air, OtherAir ConditioningCooling System: OtherHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Hardwood
Interior Details
Number of Rooms: 5Ceiling Fan
Appliances & Utilities
DryerRefrigeratorWasher

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: OtherFoundation Type: SlabLawnPatio
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1950Year Updated: 1950
Property Type / Style
Property Type: Single Family HomeArchitecture: ranch

Community

Units in Building: 1

Lot Information

Lot Area: 9583 sqft

Price and Tax history

DateEventPrice
Mar 24, 2021
Source: N/A
ListingRemoved
Jan 6, 2019
Source: N/A
ListingRemoved
$800
Dec 17, 2018
Source: N/A
Listed For Rent
$800
Nov 21, 2016
Source: MLS Now #3855462
Sold
$45,000
Nov 8, 2016
Source: Agent Provided
Pending
$45,000

Market trends in Lorain

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$154K
$3.33K
MoM
Sale-to-List Price
100.0%
0.8%
MoM
Price per sq ft
$112
$3
MoM
Available listings
197
36
MoM
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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

  • 50 % 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

  • 30 % Say it's walkable to restaurants

  • 22 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Butterflysia
    "We have an awesome Halloween display and that in itself brings together at least 300 kids. That is not including the adults. We love to bring happiness to the people in our community and that is the best way we do it and the neighborhood loves it. We even have people that have been told and come from out of town to check it out."
  • Jeffrey O.
    "There are other families in this area and the beach is near and parks are everywhere for your children "
  • Lisa O.
    "Do not live in this neighborhood. Neighbors are nice but there are lots of drug deals and bad influences."
  • Lisa J.
    "Not a safe neighborhood. Lots of drug deals/use, crime, loud noises. People are rude. Kids are always running around. "
  • Stephane K.
    "The quietness. The fenced in backyards and how much space there is. Friendly neighborhood but they mind they’re business"
  • Jerri M.
    "No dog park need more open space don’t have any running areas for the pets to many streets and not enough land"
  • Aaron S.
    "Keep your car doors locked at all times things are getting better in Lorain the schools are not good "
  • Aja G.
    "it's close to a shopping plaza. The city has been working hard to bring life back into the downtown area ."
  • Stephane K.
    "Not familiar with this neighborhood. But it’s nice and quiet. I would like to live in a neighborhood like this"
  • Daniel M.
    "its unsafe he people are nuts and cars racing around everywhere. I live here because its cheap its not safe at all"
  • Rachel N.
    "That more than half the dog walkers don't clean up after their fur babies :/ Great view of Lake Erie and Lakeview Park is just down the street."
  • Villalba83
    " Schools needs to be better also sidewalls in a lot of houses needs to be fixed up Other than that the city is not that bad to live"
  • Laurabodak
    "The school system is terrible and there are shootings, gangs and drugs all throughout the city. There are hardly any good paying jobs in the city and they punish the people who do work with all their taxes!!!!"
  • Neraidariosfigueroa
    "Lorain is a cheap place to live.. Lorain Constellation Elementary School is great as well as the middle school. "
  • N.Figueroa
    "Lorain is a cheap place to live but not good if you have kids. We are leaving Lorain to get our kids in better schools. There is a lot of gang violence and young teens dying. Don’t want my kids to grow up around that. "
  • Rachel N.
    "your own vehicle is required. there is a lot of things to do also within walking distance. if needed needed Lyft and Uber are a feasible option"
  • TR
    "Every now and again there is a community fair near a church. There are VA and or church events/meals on occasion."
  • Snejadfard
    "My neighborhood people walk there dogs but we do not have sidewalks /but it’s a very nice place to walk and plenty of places to go , Everyone picks up after there self , well there dogs !"
  • Jortizquiles35
    "I’ve lived here for 3 yrs neighbors are always looking out for you and others friendly kid friendly dog friendly no noise peaceful live right next to black river landing summertime you can hear the music from backyard lake is near by clean parks no crime here just love it "
  • Izaiah H.
    "Lorain has absolutely no public transportation and traffic can be very heavy at times because people do not know how to drive here in this city. Most residents do not have a drivers license"
  • Jortizquiles35
    "Always watch your children always know who their with and the public schools are horrible here carter schools I don’t know much about"
  • Latoya F.
    "Some areas are nice and then there are other areas that aren’t. The school system is not the greatest either. "
  • Angie
    "I grew up in Lorain and it is the same as anywhere else, If your looking for good you'll find good. If your looking for trouble or other you'll find those things also. This is a good town to live in though."
  • Kaorilovett
    "the events at lccc are very nice. there are nice parks near by as well as fun activities for your kids."
  • Lee J.
    "In the daytime I feel safe, but in the night time you usual here gun shots in the westside area. I would say the Southside is usually safer."
  • Wendy D
    "I use to live her a while ago. And this area is still nice to have a family grow up in. The neighbors are nice and some of them are still there when i was growing up in that area."
  • Kaorilovett
    "there are plenty of dog owners and people always walk their dogs around here and there are a few parks near by as well. "
  • Denise C.
    "Quiet neighborhood No trouble Friendly neighbors Kids playing in the area and riding bikes Lake at the end of the road "
  • Philip And Amy Bobel
    "If you want to live in a community where your neighbors are more like family, and your children will have an endless supply of friends to play with, then Deerfield is the place. We've lived here for 5 years and love it. Everyone is kind and inviting. The only downside is the gun range, which is not moving any time soon. But honestly, after 5 years, we hardly notice the noise. But the nature and people surrounding us make up for it."
  • Ariana
    "Grew up on the West Side of Lorain, where most of my family still lives. Certain areas are better than others of course, but generally it is quiet and safe. Lorain has lots to offer like the boardwalk, the Palace theatre, and the International Fest in addition to being close to things like Cedar Point, Cleveland, and tons of shopping"
  • Rpoyle
    "I c people walking there dogs all the time an have helped people caught there dogs when they get loose "
  • Kristine K. I.
    "I live near downtown but no public transportation. no jobs in this town, so you have to drive to other locations. "
  • Sherrinine
    "relatively close to highway, there are communities within easy driving distance, that include stores and restaurants. close to the lake and black river landing"

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Homes for sale near 2533 E 40th St

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Off Market Homes Near 2533 E 40th St

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Frequently asked questions about 2533 E 40th St

  • What is 2533 E 40th St estimated to be worth?
    Trulia's estimated value for 2533 E 40th St in Lorain, OH is $109,700.
  • What is the price history for 2533 E 40th St?
    2533 E 40th St in Lorain, OH last sold for $45,000 in November 2016.
  • 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 $154K. That is up $3.33K from the prior month.
  • Does 2533 E 40th St have air conditioning?
    Yes, 2533 E 40th St in Lorain, OH has air conditioning.
  • Does 2533 E 40th St have laundry facilities?
    Yes, 2533 E 40th St in Lorain, OH has in-unit laundry.