508 W 23rd St
Lorain, OH 44052
- 4 Beds
- 2 Baths
- 2,274 sqft
4 Beds
2 Baths
2,274 sqft
Home Highlights
Climate Control
Heating only
Price/Sqft
$68
Listed
127 days ago
Local Information
-- mins to
About this House
Excellent income-producing investment opportunity OR homeowner opportunity. The upstairs tenant will be moving out next month. The property currently is receiving $1,750. The home features two units with strong rent: the upper unit is currently occupied paying $900 up-to date with rent, while the lower unit is occupied by a tenant and also up to date on rent $850. And ALL appliances will stay with the unit: including stove, refrigerator, washer, and dryer.
The exterior has been updated with newer vinyl siding, newer roof, and vinyl windows, enhancing both durability and curb appeal. Inside you'll find newer flooring throughout, newer kitchens, and newer bathrooms. Major mechanical updates include two newer hot water tanks (2020) and a newer furnace, offering added peace of mind. There are 2 furnaces, one is in the basement and the second furnace is in the upstairs unit.
Each unit offers a bright and inviting interior with abundant natural light, complemented by some updated flooring and fresh paint. The upper unit includes a private balcony, while the lower unit features covered porches. A spacious backyard with a storage shed provides additional outdoor functionality. With each unit having in-unit laundry area.
The basement includes a laundry connection, currently not in use but offering future value-add potential. Situated on a quiet side street, the property has previously qualified for Section 8. Property is easy to show, call your realtor to schedule.
The exterior has been updated with newer vinyl siding, newer roof, and vinyl windows, enhancing both durability and curb appeal. Inside you'll find newer flooring throughout, newer kitchens, and newer bathrooms. Major mechanical updates include two newer hot water tanks (2020) and a newer furnace, offering added peace of mind. There are 2 furnaces, one is in the basement and the second furnace is in the upstairs unit.
Each unit offers a bright and inviting interior with abundant natural light, complemented by some updated flooring and fresh paint. The upper unit includes a private balcony, while the lower unit features covered porches. A spacious backyard with a storage shed provides additional outdoor functionality. With each unit having in-unit laundry area.
The basement includes a laundry connection, currently not in use but offering future value-add potential. Situated on a quiet side street, the property has previously qualified for Section 8. Property is easy to show, call your realtor to schedule.
Home Details for 508 W 23rd St
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MLS Status: Contingent |
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Interior Details Basement: Exterior Entry,FullNumber of Rooms: 8 |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 2274 Square Feet |
Appliances & Utilities Appliances: Dryer, Range, Refrigerator, WasherDryerLaundry: Main Level,In Unit,Multiple Locations,Upper LevelRefrigeratorWasher |
Heating & Cooling Heating: Forced AirNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Levels: One and One Half |
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Exterior Home Features Roof: Asphalt Fiberglass ShingleNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageParking: Driveway,No Garage |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 1516 Square FeetFinished Area (below surface): 758 Square Feet |
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Cumulative Days on Market: 10Days on Market: 127 |
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Year Built Year Built: 1900 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Duplex, Multi Family |
Building Construction Materials: Vinyl SidingDoes Not Include Home Warranty |
Property Information Condition: Updated/RemodeledParcel Number: 0201003171021 |
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Price List Price: $155,000Price Per Sqft: $68 |
Status Change & Dates Possession Timing: Delivery Of Deed |
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Direction & Address City: LorainCommunity: Hogan |
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: 5195958 |
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Building Area Building Area: 2274 Square Feet |
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Association for this Listing: Akron Cleveland Association of REALTORS |
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Lot Area: 7405.2 sqft |
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Special Conditions: Standard |
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Contingencies: Appraisal, InspectionsListing Terms: Cash, Conventional, FHA, VA Loan |
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BasementMls Number: 5195958Living Area Range Units: Square FeetAttribution Contact: angie.lopez@kw.com, 216-855-4477Above Grade Unfinished Area: 1516 |
Last check for updates: about 7 hours ago
Listing Provided by: Angie Lopez, (216) 855-4477
Keller Williams Citywide
Originating MLS: Akron Cleveland Association of REALTORS
Source: MLS Now, MLS#5195958

Also Listed on MLS Now.
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
Price History for 508 W 23rd St
| Date | Price | Event | Source |
|---|---|---|---|
| 04/30/2026 | $155,000 | PendingToActive | MLS Now #5195958 |
| 04/08/2026 | $155,000 | Contingent | MLS Now #5195958 |
| 03/29/2026 | $155,000 | Listed For Sale | MLS Now #5195958 |
| 12/05/2024 | $850 | ListingRemoved | Zillow Rentals |
| 12/04/2024 | $850 | Listed For Rent | Zillow Rentals |
| 09/16/2024 | $850 | ListingRemoved | Zillow Rentals |
| 09/06/2024 | $850 | Listed For Rent | Zillow Rentals |
| 06/20/2024 | ListingRemoved | Zillow Rentals | |
| 04/10/2024 | $715 | PriceChange | Zillow Rentals |
| 03/19/2024 | $110,000 | Sold | N/A |
| 01/18/2024 | $750 | PriceChange | Zillow Rentals |
| 01/08/2024 | $805 | PriceChange | Zillow Rentals |
| 12/20/2023 | $850 | PriceChange | Zillow Rentals |
| 11/13/2023 | $925 | PriceChange | Zillow Rentals |
| 10/25/2023 | $995 | Listed For Rent | Zillow Rentals |
| 07/13/2022 | $82,000 | Sold | MLS Now #4374624 |
| 06/17/2022 | $99,000 | Pending | MLS Now #4374624 |
| 06/09/2022 | ListingRemoved | Zillow Rental Manager | |
| 06/01/2022 | $695 | Listed For Rent | Zillow Rental Manager |
| 05/31/2022 | $99,000 | Contingent | MLS Now #4374624 |
| 05/19/2022 | $99,000 | PriceChange | MLS Now #4374624 |
| 04/27/2022 | $69,000 | Pending | MLS Now #4353076 |
| 04/01/2022 | $72,000 | Sold | MLS Now #4353076 |
| 03/09/2022 | $69,000 | Contingent | MLS Now #4353076 |
| 03/04/2022 | $69,000 | Listed For Sale | MLS Now #4353076 |
| 06/28/2019 | $53,000 | Sold | N/A |
| 12/05/2000 | $30,000 | Sold | N/A |
| 09/28/2000 | $22,000 | Sold | N/A |
| 07/12/1995 | $37,000 | Sold | N/A |
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $1,231 |
| Assessment | $83,240 |
Home facts updated by county records
Comparable Sales for 508 W 23rd St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.21 | Multi-Family Home | $91,500 | 06/10/26 | 5 | 2 | 1,952 | |
0.27 | Multi-Family Home | $50,000 | 07/06/26 | 5 | 2 | 1,980 | |
0.79 | Multi-Family Home | $100,000 | 10/01/25 | 4 | 2 | 1,500 | |
0.95 | Multi-Family Home | $109,000 | 11/25/25 | 4 | 2 | 1,922 | |
0.43 | Multi-Family Home | $144,000 | 11/17/25 | 3 | 2 | 1,290 | |
0.80 | Multi-Family Home | $116,000 | 03/05/26 | 3 | 2 | 1,267 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 508 W 23rd St.
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Angie Lopez, Keller Williams Citywide
Agent Phone: (216) 855-4477

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.
508 W 23rd St, Lorain, OH 44052 is a 4 bedroom, 2 bathroom, 2,274 sqft multi-family built in 1900. This property is currently available for sale and was listed by MLS Now on Mar 29, 2026. The MLS # for this home is MLS# 5195958.

