Lorain County Real Estate Search

Lorain County Properties between $400,000 and $500,000 for Sale

Our website features the best real estate search for between $400,000 and $500,000 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 $400,000 and $500,000 for Sale

$449,900
3 Beds ⋅ 3 Baths ⋅ 5209915 MLS
Welcome home to this beautifully designed Oakdale model by Pulte Homes, offering modern comfort, functional living space, and thoughtful upgrades throughout. Perfectly situated on a quiet cul-de-sac, this spacious residence features 3 bedrooms, 3 bathrooms, and a versatile flex room/office with elegant French doors—ideal for working from home or creating a private retreat. Step inside and be greeted by 9-foot ceilings on every level, including the basement, creating an open, airy feel throughout the home. The well-appointed kitchen features stainless steel appliances and flows seamlessly into the main living area—perfect for both everyday living and entertaining. Enjoy outdoor living at its finest on the 12’ x 20’ composite deck, complete with built-in lighting on a timer, ideal for evening gatherings and low-maintenance enjoyment. The home also includes professionally selected window treatments, adding both style and privacy. The full basement offers large, openable windows, providing abundant natural light and excellent potential for additional finished space. The garage includes a 4-foot bump-out, delivering extra storage or workspace. Located in a desirable Columbia Station neighborhood on a peaceful cul-de-sac, this home blends quality craftsmanship with modern convenience. Key Features: 3 Bedrooms | 3 Bathrooms Cul-de-sac location Flex Room/Office with French Doors 9’ Ceilings Throughout (Including Basement) Full Basement with Large, Openable Windows Stainless Steel Appliances 12x20 Composite Deck with Timed Lighting Garage with 4’ Bump-Out Oakdale Model by Pulte Homes Window Treatments Included Schedule your private showing today!

12502 Challenge Way, Columbia Station
$430,000
5 Beds ⋅ 4 Baths ⋅ 5208840 MLS
Timeless character and exceptional updates come together in this stunning 5-bedroom, 3.5-bath Colonial nestled in a highly sought-after neighborhood. Designed for both everyday living and effortless entertaining, the heart of the home is the incredible chef-inspired kitchen featuring an expansive 11-foot granite island, custom range hood, built-in refrigerator, cooktop, double ovens, and premium cabinetry. A thoughtfully designed wet bar with adjoining pantry adds even more function and style. Step outside to enjoy the beautifully landscaped backyard and stamped concrete patio, perfect for outdoor gatherings. The main level also offers a spacious dining room, inviting living room, private study, convenient half bath, and an impressive family room highlighted by a striking see-through fireplace. Upstairs, the second floor features a luxurious primary suite complete with a gas fireplace and spa-like marble bath with custom shower, along with two additional generously sized bedrooms and a large laundry room for added convenience. The third floor provides two more oversized bedrooms, abundant storage space, and a full bath, offering flexibility for guests, office space, or hobbies. The walk-out lower level includes a finished recreation area with newer carpet and lighting, while the unfinished section provides excellent storage and workshop potential. Completing the property is a rare two-story detached garage with loft-style space above.

126 Columbus Street, Elyria
$465,000
5 Beds ⋅ 2 Baths ⋅ 5211424 MLS
Experience 23691 Redfern Rd, recently enhanced by a partial flooring replacement that modernizes its interior presentation. The kitchen is equipped with all stainless steel appliances and features an accent backsplash. A walk in closet in the primary bedroom provides organized storage. The property includes a fireplace for comfort and a patio for exterior activities. Refreshed and functional, this home is ready for you. Included 100-Day Home Warranty with buyer activation

23691 Redfern Road, Columbia Station
$425,000
5200241 MLS
Lorain sits on Lake Erie just 30 miles west of Cleveland, a commuter-accessible market where renters make up 45% of all households, county home values are up nearly 18% year-over-year, and a wave of economic activity including 1,800 new union jobs at Ford's Ohio Assembly Plant is tightening rental demand across the board. Against that backdrop, this fully occupied 10-unit building is a textbook buy-and-hold: all one-bedroom/one-bath units, many updates already complete, low property taxes, and a new silicone roof layer going on prior to closing. At $42,500 per door, the basis is hard to argue with. The rent roll sits at $6,225/month ($74,700 GSI) with current rents ranging $500-$675, meaningfully below a market where the dominant rental price band runs $700-$850. That gap represents $100-$200/unit of achievable upside on renewals with minimal to no upgrades. A coin-operated laundry room and unused storage area add additional income potential on top. The owner covers water, sewer, and gas via the on-site boiler, all reflected in the expense model. At $425K, the deal underwrites to an 8.54% cap rate, 1.40x DSCR, and $871/month net cash flow against a conservative 5% vacancy assumption. As rents roll to market, the 5-year model shows cash-on-cash climbing from 9.46% toward 14.5% with cumulative cash flow exceeding $66,000 over that window. Fully occupied, freshly roofed, clear value-add runway. This is Lorain at its most investable.

1888 E 28th Street, Lorain
$499,900
5183717 MLS
Bring your dream home, hobby farm, or signature garden to this captivating, nearly ready-to-build 3.4 acre lot in Avon. A construction-ready driveway is already in place, guiding you into a quiet setting that unfolds across a natural spring ridge, an exceptional landscape feature that adds beauty, character, and potential water interest. The property’s rich, well-tended soil carries a special legacy: it was previously owned by plantsman Steve Moldovan, who hybridized daylilies and irises here, leaving behind ground that has been lovingly worked and organically enriched. Whether you envision expansive gardens, pollinator beds, a custom build tucked into nature, or simply a serene retreat, this land invites imagination. Convenient yet tucked away, it’s a rare opportunity to create something truly personal amid natural beauty. Lot is approved for Residential R-1. City water, sewer, and gas are available at the street. Buyer to verify utilities, soil suitability, and all building approvals.

3473 Moon Road, Avon
$419,000
4 Beds ⋅ 3 Baths ⋅ 5191385 MLS
Charming 4 Bedroom Home on a Cul-de-sac in the Nostalgic Quaint Town of Amherst. Recently Painted and Upgraded Flooring. Kitchen has a Built in Pantry Cabinet, Island, Flooring for all Your Gatherings. Cozy Family Room has a Stone Fireplace with Large Windows for Natural Daylight. Dining Room has Tray Ceiling. Living Room if off the Entrance Foyer. Mudroom/Laundry Room is entry to home from attached garage. Master Bedroom and Bath is expansive with Walkin Closet, Jet Tub, Stand up shower and is Impressive. Outside Deck and Fenced Inground Pool for Entertainment. Outside Shed. Enjoyment!

107 Keswick Court, Amherst
$500,000
5109455 MLS
AMAZING COMMERCIAL OPPORTUNITY situated on one of Lorain County's most traveled roadways! PER ODOT traffic data, daily counts exceed 12k! Zoned GB (General Business), great for intended use as automotive shop or would make a great space for a construction related company. Located less than 10 minutes from the I-90/57 and RT2/Middle Ridge exits as well as the Ohio Turnpike. Elyria Township location provides a convenient radius to Lorain, Elyria, Sheffield, Avon and Amherst! This site is located on a corner lot for maximum visibility, concrete parking lot. Two parcels. The commercial building was professionally built and designed in 2002 and consists of aprox. 2500+ sq ft., garage has four bays with a ceiling height of about 12+ft! Spray booth with exhaust system. Two ADA compliant bathrooms (one for employees and one in the lobby)! Attractive and spacious air conditioned lobby with reception counter. Private office area. Great exterior appeal with brick front and a concrete parking lot. There is additional small space for outdoor storage behind the shop. One owner on the commercial portion, well maintained and has been used as the same business for over 20 years!

41825 N Ridge Road, Elyria
$499,000
5067120 MLS
15+ Acres of Land Zoned Residential with Frontage on Grove Avenue in Lorain.

V/L Grove Avenue, Lorain
$500,000
5 Beds ⋅ 3 Baths ⋅ 5040013 MLS
There is possible land development in the area that may increase the value of this property. This 5 bedroom 3 bath home is zoned agricultural but could be rezoned commercial. It has a 100 ft. frontage and is right next to commercial property. The property also features a large out building, that could be rented out or used as storage. It could make a great Air B and B or rent by the room.

4872 Leavitt Road, Lorain
$435,000
5015404 MLS
Here is your chance to have your own Bar/Lounge/Restaurant. Ready for a new owner, this stand alone neighborhood bar, "The Pub" is practically turn key and ready for business. The Roof has been recently replaced and the 80 space parking lot was re done, plus new landscaping. The owner has purchased and updated much of the equipment in the kitchen, including freezers, flat top, broiler and grill. The possibilities are endless with this building, there are 2 handicap accessible ramps, updated bathrooms, and a finished basement with outside access for private parties. "The Pub" was a very popular place and was famous for its Karaoke and dart leagues. The building is in a diverse neighborhood including 2 new developments, multiple condos and hundreds of apartments. This property is FOR SALE ONLY, NO leasing, NO owner financing.

8741 W Ridge, Elyria
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