508 W 23rd St, Lorain, OH 44052
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FOR SALE
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508 W 23rd St
Lorain, OH 44052

  • 4 Beds
  • 2 Baths
  • 2,274 sqft

$155,000

Est. Mortgage $1,041/mo*
Get Pre-Qualified

$155,000

Est. Mortgage $1,041/mo*
Get Pre-Qualified
4 Beds
2 Baths
2,274 sqft

Home Highlights

Climate Control
Heating only
Price/Sqft
$68
Listed
127 days ago

Local Information

  • Map ViewExplore the area around 508 W 23rd St.
  • Schools1 Preschool School1 Elementary School1 Middle School2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

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.

Home Details for 508 W 23rd St

Active Status

MLS Status: Contingent

Interior Features

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

Exterior Features

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

Days on Market

Cumulative Days on Market: 10Days on Market: 127

Property Information

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

Price & Status

Price
List Price: $155,000Price Per Sqft: $68
Status Change & Dates
Possession Timing: Delivery Of Deed

Media

Location

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

Agent Information

Listing Agent
Listing ID: 5195958

Building

Building Area
Building Area: 2274 Square Feet

HOA

Association for this Listing: Akron Cleveland Association of REALTORS

Lot Information

Lot Area: 7405.2 sqft

Listing Info

Special Conditions: Standard

Offer

Contingencies: Appraisal, InspectionsListing Terms: Cash, Conventional, FHA, VA Loan

Miscellaneous

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 6 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
Buyer'sMarketSeller'sMarket
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

DatePriceEventSource
04/30/2026$155,000PendingToActiveMLS Now #5195958
04/08/2026$155,000ContingentMLS Now #5195958
03/29/2026$155,000Listed For SaleMLS Now #5195958
12/05/2024$850ListingRemovedZillow Rentals
12/04/2024$850Listed For RentZillow Rentals
09/16/2024$850ListingRemovedZillow Rentals
09/06/2024$850Listed For RentZillow Rentals
06/20/2024ListingRemovedZillow Rentals
04/10/2024$715PriceChange
Zillow Rentals
03/19/2024$110,000Sold
N/A
01/18/2024$750PriceChange
Zillow Rentals
01/08/2024$805PriceChange
Zillow Rentals
12/20/2023$850PriceChange
Zillow Rentals
11/13/2023$925PriceChange
Zillow Rentals
10/25/2023$995Listed For RentZillow Rentals
07/13/2022$82,000Sold
MLS Now #4374624
06/17/2022$99,000PendingMLS Now #4374624
06/09/2022ListingRemovedZillow Rental Manager
06/01/2022$695Listed For RentZillow Rental Manager
05/31/2022$99,000ContingentMLS Now #4374624
05/19/2022$99,000PriceChange
MLS Now #4374624
04/27/2022$69,000PendingMLS Now #4353076
04/01/2022$72,000Sold
MLS Now #4353076
03/09/2022$69,000ContingentMLS Now #4353076
03/04/2022$69,000Listed For SaleMLS Now #4353076
06/28/2019$53,000Sold
N/A
12/05/2000$30,000Sold
N/A
09/28/2000$22,000Sold
N/A
07/12/1995$37,000Sold
N/A

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Property Tax and Assessment

Year2024
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
2514 Reid Ave, Lorain, OH
0.21
Multi-Family Home
$91,500
06/10/26
5
2
1,952
2353 Livingston Ave, Lorain, OH
0.27
Multi-Family Home
$50,000
07/06/26
5
2
1,980
1234 W 21st St, Lorain, OH
0.79
Multi-Family Home
$100,000
10/01/25
4
2
1,500
321 W 8th St, Lorain, OH
0.95
Multi-Family Home
$109,000
11/25/25
4
2
1,922
418 W 17th St, Lorain, OH
0.43
Multi-Family Home
$144,000
11/17/25
3
2
1,290
3229 Elyria Ave, Lorain, OH
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.
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Assigned Schools

These are the assigned schools for 508 W 23rd St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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.
  • 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."
    1
    Flag
  • Jeffrey O.
    "There are other families in this area and the beach is near and parks are everywhere for your children "
    17
    Flag
  • Lisa O.
    "Do not live in this neighborhood. Neighbors are nice but there are lots of drug deals and bad influences."
    2
    Flag
  • Lisa J.
    "Not a safe neighborhood. Lots of drug deals/use, crime, loud noises. People are rude. Kids are always running around. "
    1
    Flag
  • Stephane K.
    "The quietness. The fenced in backyards and how much space there is. Friendly neighborhood but they mind they’re business"
    8
    Flag
  • 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"
    5
    Flag
  • Aaron S.
    "Keep your car doors locked at all times things are getting better in Lorain the schools are not good "
    6
    Flag
  • Aja G.
    "it's close to a shopping plaza. The city has been working hard to bring life back into the downtown area ."
    0
    Flag
  • Stephane K.
    "Not familiar with this neighborhood. But it’s nice and quiet. I would like to live in a neighborhood like this"
    0
    Flag
  • Daniel M.
    "its unsafe he people are nuts and cars racing around everywhere. I live here because its cheap its not safe at all"
    15
    Flag
  • 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."
    5
    Flag
  • 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"
    8
    Flag
  • 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!!!!"
    19
    Flag
  • Neraidariosfigueroa
    "Lorain is a cheap place to live.. Lorain Constellation Elementary School is great as well as the middle school. "
    2
    Flag
  • 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. "
    6
    Flag
  • 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"
    1
    Flag
  • TR
    "Every now and again there is a community fair near a church. There are VA and or church events/meals on occasion."
    0
    Flag
  • 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 !"
    0
    Flag
  • 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 "
    0
    Flag
  • 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"
    7
    Flag
  • 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"
    2
    Flag
  • Latoya F.
    "Some areas are nice and then there are other areas that aren’t. The school system is not the greatest either. "
    1
    Flag
  • 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."
    4
    Flag
  • Kaorilovett
    "the events at lccc are very nice. there are nice parks near by as well as fun activities for your kids."
    0
    Flag
  • 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."
    1
    Flag
  • 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."
    2
    Flag
  • 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. "
    0
    Flag
  • Denise C.
    "Quiet neighborhood No trouble Friendly neighbors Kids playing in the area and riding bikes Lake at the end of the road "
    0
    Flag
  • 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."
    0
    Flag
  • 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"
    0
    Flag
  • Rpoyle
    "I c people walking there dogs all the time an have helped people caught there dogs when they get loose "
    0
    Flag
  • Kristine K. I.
    "I live near downtown but no public transportation. no jobs in this town, so you have to drive to other locations. "
    1
    Flag
  • 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"
    0
    Flag

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.