# 4217 Riverside Drive, Lorain, OH 44055

> **TL;DR:** 3bd/1ba single family, $133,500 ($130/sqft), built 1956, 1,024 sqft.
> A/C. Est. $579/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $133,500 |
| Price/sqft | $130 |
| Bedrooms | 3 |
| Bathrooms | 1 full |
| Square Feet | 1,024 |
| Year Built | 1956 |
| Lot Size | 6,534 sqft (0.15 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 2 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $579 |
| **Total** | **$579** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1956
- 0.15 acre lot

## Description

### Agent Description
Add a cash-flowing asset to your portfolio with this occupied 3-bedroom, 1-bath ranch in Lorain. The property is currently rented for $1,355 per month with a long-term tenant in place and a lease secured through October 2027, providing immediate and reliable rental income. The home features a functional layout with a spacious living room and eat-in kitchen. Outside, a patio overlooks the large backyard, offering added appeal for tenants. Conveniently located near Helen Steiner Rice Elementary School and just minutes from Homewood Park, Days Dam Waterfall, and the Black River Reservation, the property offers easy access to outdoor recreation, walking trails, and green space. Nearby shopping, dining, and major roadways further enhance its desirability for tenants. Whether you're looking to expand your rental portfolio or acquire a property with established income, this investment opportunity offers stable cash flow and long-term income potential.

## Location

- **Address:** 4217 Riverside Drive, Lorain, OH 44055
- **County:** Lorain
- **Neighborhood:** Homewood
- **Coordinates:** 41.431399, -82.104258
- **Google Maps:** https://www.google.com/maps?q=41.431399,-82.104258

## Listing Agent

- **Name:** Rakesh Baniya
- **Brokerage:** Cleveland Property Management Group, LLC.
- **Phone:** 4409017145
- **Email:** rbaniya@clevelandpropertymanagement.com

## Primary Photo

![4217 Riverside Drive - Primary Photo](http://lh.rdcpix.com/5a4192a292487163929b0dd9b7a10c41l-f828678833r.jpg)

*12 total photos available on [listing page](https://www.propertysimple.com/listing/4217-riverside-drive-lorain-oh-44055-5217023)*

---

**MLS#:** 5217023 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/4217-riverside-drive-lorain-oh-44055-5217023)

---

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