$140,000
- 4 Beds
- 2 Baths
- 2,688 sqft
3950 Gary Ave, Lorain, OH 44055
Est. Mortgage $965/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1949
$52/sqft
Local Information
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About this House
Investment Opportunity in Lorain!
Add to your investment portfolio with this 4-bedroom duplex located at 3950 Gary Avenue in Lorain. This multi-family property offers two separate units, providing an excellent opportunity for investors or an owner-occupant looking to offset housing expenses with rental income.
The property features separate utilities, helping simplify utility management between tenants, along with a basement for additional storage and functionality. The seller has also replaced the east and west basement walls for the currently unoccupied unit, adding a significant recent improvement to the property.
Whether you're an experienced investor looking to expand your rental portfolio or exploring your first multi-family property, this duplex offers plenty of potential.
4-Bedroom Duplex
Separate Utilities
Basement
East & West Basement Walls Replaced for Unoccupied Unit
Investment or Owner-Occupant Opportunity
Schedule your showing today and take a closer look at what this Lorain duplex has to offer!
Add to your investment portfolio with this 4-bedroom duplex located at 3950 Gary Avenue in Lorain. This multi-family property offers two separate units, providing an excellent opportunity for investors or an owner-occupant looking to offset housing expenses with rental income.
The property features separate utilities, helping simplify utility management between tenants, along with a basement for additional storage and functionality. The seller has also replaced the east and west basement walls for the currently unoccupied unit, adding a significant recent improvement to the property.
Whether you're an experienced investor looking to expand your rental portfolio or exploring your first multi-family property, this duplex offers plenty of potential.
4-Bedroom Duplex
Separate Utilities
Basement
East & West Basement Walls Replaced for Unoccupied Unit
Investment or Owner-Occupant Opportunity
Schedule your showing today and take a closer look at what this Lorain duplex has to offer!
Last check for updates: about 2 hours ago
Listing Provided by: Steven P Hamm, (419) 627-1996
RE/MAX Quality Realty
Originating MLS: Firelands Association Of REALTORS
Source: MLS Now, MLS#5244105

Also Listed on MLS Now.
Home Details for 3950 Gary Ave
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MLS Status: Active |
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Interior Details Basement: FullNumber of Rooms: 8 |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 2688 Square Feet |
Heating & Cooling Heating: GasNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Gas |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
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Exterior Home Features Roof: Asphalt FiberglassNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageParking: Driveway,No Garage,On Street |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 1792 Square FeetFinished Area (below surface): 896 Square Feet |
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Cumulative Days on Market: 1Days on Market: <1 day on Trulia |
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Year Built Year Built: 1949 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Duplex, Multi Family |
Building Construction Materials: Aluminum SidingDoes Not Include Home Warranty |
Property Information Parcel Number: 0300099115023 |
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Price List Price: $140,000Price Per Sqft: $52 |
Status Change & Dates Possession Timing: Delivery Of Deed |
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Direction & Address City: LorainCommunity: Homewood |
School Information Elementary School District: Lorain CSD - 4709Jr High / Middle School District: Lorain CSD - 4709High School District: Lorain CSD - 4709 |
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Listing Agent Listing ID: 5244105 |
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Building Area Building Area: 2688 Square Feet |
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Association for this Listing: Firelands Association Of REALTORS |
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Lot Area: 7501.032 sqft |
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Special Conditions: Standard |
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Expense Tenant Pays: Cable TV, Electricity, Gas, Water |
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Owner Pays: Trash Collection, Water |
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BasementMls Number: 5244105Living Area Range Units: Square FeetAttribution Contact: 419-627-1996, ellencoffman@remax.netAbove Grade Unfinished Area: 1792 |
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.
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
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
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 |
|---|---|---|---|---|---|---|---|
0.01 | Multi-Family Home | $140,000 | 04/10/26 | 4 | 2 | 2,688 | |
0.12 | Multi-Family Home | $135,000 | 02/05/26 | 4 | 2 | 2,688 | |
0.04 | Multi-Family Home | $145,000 | 09/26/25 | 4 | 2 | 1,792 | |
0.12 | Multi-Family Home | $125,000 | 12/12/25 | 4 | 2 | 3,584 | |
0.17 | Multi-Family Home | $145,000 | 11/25/25 | 4 | 2 | 1,792 | |
0.88 | Multi-Family Home | $105,000 | 09/23/25 | 6 | 2 | 2,712 | |
0.86 | Multi-Family Home | $85,000 | 01/26/26 | 6 | 2 | 2,784 |
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 |
|---|---|---|---|---|---|---|
0.01 | $140,000 | 4 | 2 | 2,688 | Recently Sold | |
0.00 | $140,000 | Studio | - | 1,792 | For Sale | |
0.04 | - | 4 | 2 | 1,792 | Off Market | |
0.07 | $135,900 | 2 | 1 | 768 | Off Market | |
0.07 | $126,200 | 2 | 1 | 768 | Off Market | |
0.06 | $119,000 | 3 | 1 | 864 | Recently Sold | |
0.07 | $150,000 | 3 | 1 | 992 | Recently Sold | |
0.07 | $135,200 | 2 | 1 | 768 | Off Market | |
0.10 | $100,100 | 2 | 1 | 768 | Off Market | |
0.08 | - | - | - | - | Off Market | |
0.12 | $125,000 | 4 | 2 | 3,584 | Recently Sold |
Price and Tax history
| Date | Event | Price |
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Sep 11, 2026 Source: MLS Now #5244105 | Listed For Sale | $140,000 |
Jun 28, 2013 Source: MLS Now #3379685 | Sold | $19,750 |
May 23, 2013 Source: Agent Provided | PriceChange | $19,000 Price decreased by 36% |
Feb 2, 2013 Source: Agent Provided | Listed For Sale | $29,900 |
Oct 28, 2012 Source: Agent Provided | ListingRemoved | $39,900 |
Apr 27, 2012 Source: Agent Provided | Listed For Sale | $39,900 |
Feb 18, 2012 Source: Agent Provided | ListingRemoved | $39,900 |
Oct 9, 2011 Source: Agent Provided | PriceChange | $39,900 Price decreased by 20% |
Aug 14, 2011 Source: Agent Provided | Listed For Sale | $49,900 |
Nov 7, 2000 Source: MLS Now #1010213 | Sold | $80,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Steven P Hamm, RE/MAX Quality Realty
Agent Phone: (419) 627-1996

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.
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Frequently asked questions about 3950 Gary Ave
- What is the estimated monthly payment for 3950 Gary Ave?Based on a $140,000 list price with 20% down at today's rates, the estimated monthly payment for 3950 Gary Ave in Lorain, OH is approximately $977 (about $753 principal & interest, $149 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 3950 Gary Ave compare to homes in Lorain?3950 Gary Ave in Lorain, OH is listed at $140,000, about 14% below the $163K median sale price in Lorain.
- What do residents say about Lorain?Residents describe Lorain, OH as pedestrian-friendly, well-kept, and easy to park in. See homes for sale in Lorain, OH.
- What are the closest schools to 3950 Gary Ave?The closest schools to 3950 Gary Ave in Lorain, OH are Helen Steiner Rice Elementary School (Pre-K, rated 5/10), Longfellow Middle School (rated 4/10), Lorain High School (rated 3/10).
3950 Gary Ave, Lorain, OH 44055 is a 4 bedroom, 2 bathroom, 2,688 sqft multi-family built in 1949. This property is currently available for sale and was listed by MLS Now on Sep 11, 2026. The MLS # for this home is MLS# 5244105.

