Lorain County Real Estate Search

Lorain County Properties between $200,000 and $300,000 for Sale

Our website features the best real estate search for between $200,000 and $300,000 properties available in Lorain County and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

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Newest Lorain County Properties between $200,000 and $300,000 for Sale

$210,000
5201644 MLS
A rare opportunity to acquire a 19-unit, 12-property scattered-site portfolio across Elyria and Lorain at $1,525,000, just 25 miles west of Cleveland. Fully occupied, the portfolio delivers $169,684 in NOI at a 9.98% cap rate, $66,377 in annual net cash flow, and a 15.02% cash-on-cash return on a $442,000 total investment. The seller is actively leasing the 2 remaining vacant units at rents consistent with the in-place portfolio, making this a stabilization-in-progress buy rather than a speculative one. The income is built on a foundation of heavy Section 8 participation across a market with deep voucher infrastructure. The Lorain Metropolitan Housing Authority manages over 3,100 active Housing Choice Vouchers, paying landlords an average of $1,075 per month, and Lorain County ranks 13th highest in Ohio by Fair Market Rent with the 2-bedroom FMR at $1,208. In-place rents across the portfolio range from $725 to $1,600, all at or below FMR, with predominantly tenant-pays-electric lease structures keeping operating costs lean. The demand fundamentals across both markets are structural. Elyria and Lorain together represent over 118,000 residents with renter-occupied rates of 39.9% and 44.2% respectively, supported by a Lorain County employment base of 150,000 jobs that grew 1.55% year-over-year. Median home values in the $140,000 to $154,000 range continue to push a significant share of the workforce into long-term rental demand. For the investor building a cash-flow-first, Section 8-anchored portfolio in a market that still prices like it is underappreciated, this offering is worth a close look.

122 Elbe Street, Elyria

$279,900
3 Beds 3 Baths 5192972 MLS
REDUCED TO $279,000 [$121.00 SQ FT }and is a fantastic price for this amazing must-see Condo. Welcome to this beautifully 2311 SQ Ft townhouse condominium with an open floor plan in Amherst’s desirable English Lakes community. The house features 17 ft ceilings in the massive living room that is enhanced by natural light from all the windows and glass door. From the living room if the weather is cooler it’s a must to enjoy the gas all brick fireplace, step outside to a private, fenced patio—perfect for morning coffee, casual dining, or quiet evening relaxation. The huge 13x21 eat-in kitchen with oak cabinets has an abundance of natural light with a big window overlooking the back yard. The open 2nd dining room area also includes a wet bar. The second floor offers exceptional flexibility with a large loft space overlooking the living room and is ideal for a home office, , media room, or reading retreat. The amazing 2nd floor master bedroom has a huge walk-in closet along with a large glamour bathroom. The bathroom includes a soaking tub along with a custom all glass shower. The 2nd bedroom is also located on the 2nd floor with access to an additional full bathroom. The very large 3rd bedroom located on the 3rd floor could also be a playroom,storageroom, art and craftroom,man-cave and much more.This is a must see bonus area. An attached two-car garage adds further convenience. Pride of ownership is seen in this home it shows like a new home and is move in ready. Residents of English Lakes enjoy access to a private community pool and clubhouse, ideal for larger gatherings and seasonal enjoyment. With easy access to the Ohio Turnpike and Route 2, owning this home is a rare opportunity to enjoy low-maintenance living in a beautifully maintained and welcoming neighborhood. This is a must-see home make your appointment soon it won't last long.

120 Ambleside Way, Amherst

$215,000
4 Beds 2 Baths 5154617 MLS
Welcome to 1931 Mark Drive, a spacious and well-cared-for ranch-style home located in the highly desirable Sunny Acres subdivision of Lorain. This property offers the perfect balance of comfort, functionality, and convenience, making it a wonderful choice for those seeking a home with room to grow. With 4 bedrooms, 2 full bathrooms, and more than 2,000 square feet of total finished living space, this residence provides both main-level ease and the bonus of a finished basement. The main floor features a bright living room with updated vinyl flooring, an eat-in kitchen with plenty of cabinet storage and counter space, and a huge four-season room ideal for relaxing year-round while overlooking the backyard. Three nicely sized bedrooms and a full bathroom with ceramic tile are also located on the main floor. The lower level greatly expands the living options, including a fourth bedroom, a second full bathroom, a bonus room, a large utility area, and a spacious Rec room that can serve as a family room, home office, or entertainment area. The finished basement provides flexibility for all lifestyles, from hosting gatherings to creating a private retreat. Outside, the home sits on a generous 0.27-acre lot with an irregular but functional shape, offering a cleared front yard, a partially fenced backyard, a fire pit, and a covered front porch for curb appeal. The two-car attached garage, complete with concrete driveway and garage door opener, ensures convenience. Built in 1960, the home has been updated with energy-efficient features including windows, HVAC, roof, lighting, and water heater. Additional highlights include ceiling fans, washer and dryer hookups, sump pump, and central air conditioning for year-round comfort. Located on a quiet cul-de-sac with sidewalks, curbs, and streetlights, this property is close to schools, shopping, dining, parks, and highways. This home blends practicality with warmth and is ready for its next owner. Schedule your private showing today!

1931 Mark Drive, Lorain

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