Under $500K Investment Properties for Sale in Lorain, OH


506- 3 Bed
- 1 Bath
- - sft


158- 3 Bed
- 1 Bath
- 1064 sft


73- 4 Bed
- 2 Bath
- 2220 sft


138- 3 Bed
- 1 Bath
- 1152 sft
Why Invest in Lorain, Ohio?
Lorain, OH offers strong investment potential in homes under $500k, with median prices around $150k-$255k providing accessible entry points. Recent 21% year-over-year home price growth in Lorain County signals robust appreciation[1]. Proximity to Cleveland supports rental demand, with competitive market dynamics and quick sales. Affordable properties yield solid cap rates and cash flow for investors targeting this price range. Economic resurgence adds stability for long-term holds.
Frequently Asked Questions
Median sales prices range from $150k to $165k in recent months, with county medians at $255k showing 21% growth. Most properties fall well under $500k, offering affordable entry. This supports strong investor accessibility in the market.
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