Lorain County Real Estate Search

Lorain County Properties under $200,000 for Sale

Our website features the best real estate search for under $200,000 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. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.

Curious about what’s happening in the Lorain County real estate market? Sign up for a  Lorain County Real Estate Market Report to see what’s active, under contract, and sold!

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Newest Lorain County Properties under $200,000 for Sale

$173,000
2 Beds 2 Baths 5240804 MLS
THIS could be THE PLACE! Have you dreamt of getting out to the country? Then this house just might be IT! Situated in the heart of Kipton, and just moments to the Lorain Co Bike Trail, this Civil War era home has both the history and updates to make it the perfect combination of old and new. This charming all brick, slate roof, 2 bedroom, 1.5 bath home is waiting for its next chapter. As you drive up you will note the welcoming, covered front porch with original door! As you walk in the front door the newer vinyl plank flooring blends perfectly with some exposed brick and the original staircase, and you are led trough the entry hall into the open kitchen/dining/living room space. Notice the all-new appliances and a nice sized island! A half bath is tucked in the dining area for great convenience! And the space opens to the freshly painted living room with floor to ceiling French door style window coverings and a brand-new ceiling fan!! But there is still more, the laundry/mudroom is at the rear of the kitchen for ultimate convenience and it leads to the covered back porch for ease of grocery unloading! Heading upstairs you will notice a French country style wall with “peeks” of brick showing through, adding to the charm of the home. Upstairs has also been freshly painted and holds a newer renovated bath (2019), 2 bedrooms, and a quaint reading nook! The cellar has exterior and interior access, and holds the homes mechanicals (hot water tank, furnace, electric panel) and offers some great storage space!! As you head outside don’t be surprised if a chick runs by, or a rooster greets you! A new carport has been added to provide easy cover for your vehicles and allows the garage space to be a workshop and storage area. The rear of the property is the old Kipton fire station and town hall!! Updates: newly painted (’26), kitchen appliances (’26), carport (‘24), furnace, HWT, electric box and wiring, windows (2019). Easy to show or stop by the open house on Sat 9/5/26!!

311 State Street, Oberlin

$150,000
5242081 MLS
Bring your business vision to life or add a high-potential asset to your real estate portfolio! Located on a high-visibility corridor in Elyria, Ohio, this historic 2-unit commercial building spans approximately 1,900 square feet and is ready for its next chapter. Both units are completely vacant and listed for retail or commercial use, offering a completely blank canvas. The entire interior has been completely "white boxed"—freshly prepped, cleaned, and updated with open layouts, wood floors, and independent bathrooms so you can start customizing immediately. Key Property Features Flexible Configurations: The building features a common wall that can easily be removed to create one massive, open-concept commercial layout. Alternatively, keep the wall intact to operate your business out of one side while leasing out the other for an additional stream of rental income! Proven Historic Footprint: This location holds a rich history of steady local commerce. One unit served as a trusted plumbing and heating company for years, while the secondary unit most recently operated as a neighborhood barber shop. Premium Location & Convenient Access: Situated right on busy Lake Avenue, your business will enjoy excellent street exposure and foot traffic. Dedicated Rear Parking: Skip the headache of street-only parking! This property features a dedicated parking area in the rear of the building, easily accessible off Bond Street for staff and clients alike. Package Deal Alert: Live & Work or Triple Your Income! Looking to maximize your investment? The beautifully remodeled 3-bedroom, 1-bathroom residential home next door at 909 Lake Ave is also available for purchase! Combining both parcels gives investors a rare opportunity to control three separate income-producing spaces (two commercial units + one residential rental) side-by-side. Don't miss out on this competitively priced commercial space. Schedule your private walkthrough today and explore the possibilities!

913 Lake Avenue, Elyria

$193,900
3 Beds 2 Baths 5238782 MLS
Welcome to 1300 Tower Boulevard—a remarkably well-cared-for brick-front ranch offering comfortable one-floor living, generous indoor and outdoor space, and a wonderful opportunity to make a solid home your own. Inside, you'll find a traditional living room filled with natural light plus a separate family room, giving you two distinct spaces for relaxing, entertaining or gathering with family and friends. Sliding doors connect the family room to the rear patio and feature a convenient remote-controlled roll-down shade, providing easy control of sunlight, privacy and heat throughout the day. The spacious eat-in kitchen offers abundant cabinetry and counter space, along with plenty of room for everyday dining. A peninsula provides additional workspace and storage, while glass-front upper cabinetry creates an attractive display area for china, glassware or favorite collections. Three comfortable bedrooms and a main-floor bath with an updated step-in shower complete the main level. Much of the home's décor reflects its original era, but the care invested in the property over the years is readily apparent—allowing the next owner to introduce their own style and updates over time. The clean basement adds even more versatility, with an additional bath, laundry area, abundant storage and flexible space for hobbies, projects or recreation. Outside, mature trees frame the generous .31-acre lot, offering plenty of room for gardening, outdoor activities or simply enjoying your own green space. A covered front porch and rear concrete patio provide additional places to relax outdoors, while the attached two-car garage offers excellent everyday convenience and storage. With approximately 1,300 square feet of above-grade living space, two separate living areas, three bedrooms, two baths, an attached two-car garage, basement and generous yard, this lovingly maintained home offers a combination of space, function and potential that's increasingly hard to find.

1300 Tower Boulevard, Lorain

$199,900
3 Beds 4 Baths 5240758 MLS
1527 W 19th Street, Lorain, OH Welcome to 1527 W 19th Street, a spacious Colonial offering a layout you rarely find in this price range. Situated on two residential lots, this property provides an oversized yard with additional outdoor space for entertaining, recreation, gardening, or simply enjoying a little more room around you. Inside, the home features 3 bedrooms and 3½ bathrooms, including the standout feature of a private full bathroom attached to every bedroom. No sharing bathrooms in the morning and no fighting over who gets the shower. An additional half bath on the first floor provides convenient access for guests. The main level offers a bright, open feel with updated flooring, neutral colors, recessed lighting, and plenty of natural light. The kitchen features white cabinetry, stone-look countertops, tile backsplash, and stainless-steel microwave, opening into the surrounding living areas for a comfortable, functional layout. Another major convenience is the first-floor laundry room, located near the half bath, eliminating the need to carry laundry up and down basement stairs. Outside, the home's classic Colonial character is complemented by white siding, multiple entrances with updated stairs and railings, and the additional adjoining residential lot that creates a noticeably larger yard than a typical city property. With three bedroom suites, 3½ bathrooms, first-floor laundry, an updated interior, and two residential lots, 1527 W 19th Street offers a combination of space, privacy, and functionality that is difficult to duplicate. Three bedrooms. Three private full baths. First-floor half bath and laundry. Two residential lots. One property with a lot more to offer than meets the eye.

1527 W 19th Street, Lorain

$129,900
3 Beds 2 Baths 5239097 MLS
Set on a spacious double lot, this three-bedroom, one-and-a-half-bath house offers 2,734 square feet of character, flexibility, and renovation potential. With two driveways, generous outdoor space, and a well-established Elyria setting, the property presents an exciting opportunity to restore a distinctive home while tailoring it to your own style. Inside, original natural woodwork brings warmth and craftsmanship to the living areas. A built-in window seat creates a charming place to pause with a book, while a built-in dresser adds practical vintage appeal. Two fireplaces add architectural interest and could become memorable focal points after appropriate inspection and updating. The substantial floor plan provides room to rethink finishes, refresh key spaces, and bring the home’s original personality back to life. Outdoors, the double lot expands the possibilities for gardening, recreation, entertaining, or simply enjoying more breathing room. Two driveways add welcome parking flexibility—because coordinating cars should not require a planning summit. The yard offers a strong foundation for creating an inviting outdoor retreat. South Park is nearby for green space and outdoor recreation, and the United Polish Club is just across the way. The Elyria Performing Arts Center is also within easy reach, adding convenient access to local events and entertainment. For buyers who appreciate classic details and the chance to shape a home over time, this property is ready for its next chapter. Schedule a showing and imagine how your vision could transform this character-filled house and expansive lot into something truly special. This is a must see to appreciate and will need some time and love to restore it to its previous glory.

1518 Middle Avenue, Elyria

Start Your Search

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now and updated as of . Real estate listings held by brokerage firms other than Real Estate Company are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 MLS Now. All Rights Reserved.