Deal of the day! Look at that woodwork! C. 1900 in Ohio. $129,900.

This is a big three-story Colonial in Lorain, Ohio, built in 1900. It has 3,507 square feet, five bedrooms, two bathrooms and two kitchens. The listing says it looks like it was laid out as a three-unit at one point, so the floor plan has room to move.

It sits on a lot of about 6,600 square feet in the Charleston neighborhood, and it has a full unfinished basement.
416 Washington Ave, Lorain, OH 44052 — $129,900

Curb Appeal
The house is a three-story frame home with wood siding and a shingle roof. The listing says the roof and siding were replaced in 2021.

- Colonial style, three stories
- Wood siding and shingle roof
- Roof and siding replaced 2021
- Off-street parking, no garage
Layout and Space
Zillow lists five bedrooms, two full bathrooms and two kitchens spread over three floors. There is one bedroom on the main level, and the listing mentions multiple living areas.

The seller’s agent says a buyer could lay it out in a number of ways. It may have been a three-unit before, but a buyer would need to do their own due diligence on whether it can be used that way again.

- 3,507 square feet above grade
- 5 bedrooms, 2 bathrooms
- 2 kitchens
- 1 bedroom on the main level
Fireplaces
The listing data shows two fireplaces in the house.

- 2 fireplaces
Basement
The basement is full and unfinished, which gives a buyer storage or a blank slate for mechanicals and projects.

- Full, unfinished basement
Systems and Updates
The listing calls out a new furnace and a new hot water tank. Heating is gas forced air. There is no cooling listed. Water and sewer are public.

- New furnace and hot water tank
- Gas forced-air heat
- No cooling
- Public water and sewer
Lot and Neighborhood
The lot is about 6,599 square feet. Parking is off street. The home is in the Charleston subdivision and the Lorain City School District.

- About 6,599 sq ft lot
- Off-street parking
- Lorain CSD
Schools
GreatSchools lists Admiral King Elementary (PK-5, rated 5) about 0.2 miles away, General Johnnie Wilson Middle School (6-8, rated 6) at 1.4 miles, and Lorain High School (9-12, rated 3) at 1.4 miles.

Taxes and Price History
Property taxes run about $3,690 a year, with a tax assessed value of $96,030. The house last sold in May 2026 for $92,900.

It was listed in July 2026 at $179,900 and has dropped several times since. The most recent cut, on September 13, brought it to $129,900.

- Taxes: about $3,690 per year
- Last sold May 2026: $92,900
- Listed July 2026: $179,900
- Now $129,900, about $37 per square foot
At $129,900 and about $37 a square foot, this is a lot of house for the money. It has been on Zillow for 42 days, and the price has come down from $179,900. It suits a buyer who wants space and has the patience to sort out the layout, including whether it can go back to three units.

Full Listing Description
Looking for an exceptionally large property with massive upside?
This sweeping 3,507 square-foot multi-level home offers a rare footprint and opportunity.
With 3 floors, 5 bedrooms, 2 bathrooms, 2 kitchens, and multiple living areas, this property provides the kind of space and layout flexibility that is hard to find.
New furnace and hot water tank.
Roof and siding replaced 2021.
This property appears to have been laid out as a 3-unit at one point.
Buyer would need to do their own due diligence to identify if it can be used as such.
With a little creativity, this property can be laid out in a myriad of ways to suit a buyer’s end goals.
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