318 Delaware Ave
Lorain, OH 44052
- 4 Beds
- 1 Bath
- 1,497 sqft
4 Beds
1 Bath
1,497 sqft
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1900
Living Area
1,497 sqft
Price/Sqft
$76
Parking
Garage
About this House
IT'S ALL ABOUT LOCATION!! Walking distance to downtown had the Black River amenities! This area is up & coming - take advantage TODAY! Fantastic investment opportunity as a rental today and in the future, as the neighborhood and Lorain continue to experience revitalization efforts. Lake view home in a desirable location!!! Walk to the beach & the river!!! Also, very close to downtown Lorain!! Sit on your front porch and look at the lake in a peaceful, quiet neighborhood. Close to stores and all amenities within walking distance. This house is perfect for a family or an investor who wants an Airbnb or a long-term rental. Classic colonial with loads of potential. This property is ideal for homeowners in need of extra bedrooms or as a lucrative investment opportunity. The home's main floor boasts a spacious living room, a kitchen with ample eat-in space, and a unique first-floor bedroom. Newer laminate flooring throughout, original hardwood stairs, and new waterproof flooring in both the kitchen and bathroom. The second floor consists of three additional bedrooms and a large full bath. Don't miss the finished attic which can serve as a 5th bedroom, a workspace, or clean and convenient storage. The generous-sized backyard is securely fenced and ready to become your peaceful sanctuary or relax on the inviting front porch. This property offers limitless potential for both homeowners and investors. Schedule your showing today to discover all that it has to offer.
318 Delaware Ave, Lorain, OH 44052 is a 4 bedroom, 1 bathroom, 1,497 sqft single-family home built in 1900. It last sold for $80,000 on Dec 5, 2024 (24% below the $105,000 asking price). It is currently off market. The Trulia Estimate is $113,500, with a rent estimate of $1,360/month.
Home Details for 318 Delaware Ave
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MLS Status: Closed |
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Interior Details Basement: Full,UnfinishedNumber of Rooms: 6Types of Rooms: Bedroom, Additl Living Suite, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 4Main Level Bedrooms: 1Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Dimensions and Layout Living Area: 1497 Square Feet |
Appliances & Utilities Laundry: In Basement |
Heating & Cooling Heating: GasNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Gas |
Fireplace & Spa No Fireplace |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: Two |
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Exterior Home Features Roof: Asphalt FiberglassPatio / Porch: Front PorchFencing: Chain LinkNo Private Pool |
Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageNo Attached GarageParking Spaces: 1Parking: Driveway,Detached,Garage |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 1497 Square Feet |
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Cumulative Days on Market: 43 |
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Year Built Year Built: 1900 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Colonial |
Building Construction Materials: Aluminum SidingNot Attached PropertyDoes Not Include Home Warranty |
Property Information Parcel Number: 0201002109017 |
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Price List Price: $105,000 |
Status Change & Dates Off Market Date: Thu Nov 14 2024Possession Timing: Delivery Of Deed |
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Direction & Address City: LorainCommunity: Fishers |
School Information Elementary School District: Lorain CSD - 4709Jr High / Middle School District: Lorain CSD - 4709High School District: Lorain CSD - 4709 |
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Building Area Building Area: 1497 Square Feet |
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Association for this Listing: Akron Cleveland Association of REALTORSNo HOA |
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Lot Area: 6534 sqft |
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Listing Terms: Cash, FHA 203(b), FHA 203(k) |
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BasementMls Number: 5075328Living Area Range Units: Square FeetAttribution Contact: BethWallace@realtyxo.com 440-782-6566Above Grade Unfinished Area: 1497 |
Last check for updates: about 8 hours ago
Listed by Beth Wallace, (440) 782-6566
RE/MAX Real Estate Group
Bought with: Tammy S Martin, (216) 346-0521, Keller Williams Elevate
Originating MLS: Akron Cleveland Association of REALTORS
Source: MLS Now, MLS#5075328

Price History for 318 Delaware Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 12/05/2024 | $80,000 | Sold | MLS Now #5075328 |
| 11/20/2020 | $48,000 | Sold | MLS Now #4180724 |
| 08/24/2020 | $40,000 | Sold | N/A |
| 07/26/2018 | $33,000 | Sold | N/A |
| 02/17/2015 | $32,800 | Sold | N/A |
| 05/13/2010 | $32,725 | Sold | N/A |
| 12/03/2007 | $25,000 | Sold | N/A |
| 01/03/2007 | $98,040 | Sold | N/A |
| 10/10/2000 | $85,600 | Sold | N/A |
Market trends in Lorain
Last updated June 2026
Avg. sale price
$154K
$3.33KMoM
Sale-to-List Price
100.0%
0.8%MoM
Price per sq ft
$112
$3MoM
Available listings
197
36MoM
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $1,610 |
| Assessment | $111,570 |
Home facts updated by county records
Comparable Sales for 318 Delaware Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.16 | Single-Family Home | $87,500 | 09/23/25 | 3 | 1 | 1,434 | |
0.21 | Single-Family Home | $75,000 | 01/05/26 | 3 | 1 | 1,175 | |
0.10 | Single-Family Home | $71,500 | 02/23/26 | 3 | 1 | 1,120 | |
0.16 | Single-Family Home | $110,000 | 06/30/26 | 3 | 1 | 1,144 | |
0.22 | Single-Family Home | $79,000 | 12/09/25 | 3 | 1 | 1,232 | |
0.10 | Single-Family Home | $80,000 | 05/18/26 | 4 | 1.5 | 1,864 | |
0.20 | Single-Family Home | $115,000 | 02/05/26 | 3 | 1 | 1,233 | |
0.08 | Single-Family Home | $80,000 | 09/09/25 | 2 | 2 | 1,063 | |
0.08 | Single-Family Home | $50,000 | 12/02/25 | 3 | 1 | 1,710 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 318 Delaware Ave.
What Locals Say about Lorain
At least 450 Trulia users voted on each feature.
85 % 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.
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Apartments for Rent
Homes for sale near 318 Delaware Ave
Off Market Homes Near 318 Delaware Ave

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Zillow, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2026 - Multiple Listing Service, Inc. – All Rights Reserved.

