115 Colorado Ave, Lorain, OH, 44052
About This Home
"The Lake House " Great rental or vacation home or private lake house. Inside has been remodeled and freshly painted. Views are awesome walk to small beach. Marina is walking distance. 5 Lots fenced yard. Zoned as a duplex. Boating, fishing, kayaking, canoeing. This could be a HUGE moneymaker for the investor. Walin on The River is your fun summer times. Sunsets on Lake Erie North Coast is ready for you. This is a corner lot with assess on both streets. Call now before this fun area home slips away. Located north of Colorado and Lakeside Ave.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Roof: Asphalt
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Duplex,Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 2
Features
- Finished area below ground: 0
- Finished area above ground: 3,268
Heating & Cooling
- Heating features: Forced Air
- Cooling features: None
Interior Area
- Total structure area: 3,268
- Total interior livable area: 3,268 sqft
Property
Details
- Parcel number: 0201002103002
Features
- Levels: Two
- Stories: 2
- On waterfront: Yes
Lot
- Lot size: 0.47 Acres
Parking
- Parking features: Off Street
- Covered spaces: 4
- Carport spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Ohio Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,162 | $13,944 |
| Home Insurance * | $176 | $2,112 |
| Property Taxes | $262 | $3,144 |
| Electricity | $350 | $4,205 |
| Total | $1,950 | $23,400 |
Income You'd Need if You Spent...
Ohio FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-06 | Contingent | $229,900 |
| 2026-07-06 | Listed for sale | $229,900 |
| 2015-02-27 | Listing removed | $650 |
| 2015-01-09 | Price change | $650 |
| 2014-12-15 | Listed for rent | $795 |
| 2013-05-01 | Sold | $65,200 |
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