Listed By:
Russell Real Estate Services
Address
1347 Washington Avenue, Lorain, OH
Price
$ 158,750
Property Attributes
  • MLS#5205321
  • Type
  • Listing Status Active
  • CountyLorain
  • CityLorain
  • NeighborhoodChamberlain
  • Zip44052
  • Style
  • Year Built1900
  • Taxes$ 1012
  • Price$ 158,750
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Lot Size0.09 Acres
Data Source:
MLSNow
Property Description

Established rental property with ongoing income at 1347 Washington Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. Both units are currently occupied, with one renting for $1,199 on a month-to-month lease and the second generating $1,100 with a lease in place through 5/31/26, providing immediate cash flow. Utilities are structured with tenants responsible for electric and gas, while the owner covers water, sewer, and trash. The property features a functional layout with consistent rental demand in the area, supporting strong occupancy. A solid addition to a larger portfolio, this asset contributes reliable income within a diversified, income-producing package.

Price History
4/29/2026 Listed $167,000
5/28/2026 1$165,000
8/14/2026 4$158,750

General Features

Sewer Other
Heating Other
Cooling Other
Possession Delivery Of Deed
Roof Other
Construction Materials Other
Year Built 1900
Stories Count 2
Township Lorain
Levels Two
Property Subtype Duplex
Tax Year 2025
County Lorain
Property Type Residential Income
Attached Garage false
Subdivision Name Chamberlain
Garage Y/N false
Total Rooms 8
Full Baths 2
Status Active
Directions Lorain
ModificationTimestamp 2026-08-14T15:04:55.050-00:00
City Lorain
High School District Lorain CSD - 4709
Lot Size Units Acres
Carport Y/N false
Tax Annual Amount 1012
Home Warranty Y/N false
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Lorain CSD - 4709
Elementary School District Lorain CSD - 4709
Year Built Source Appraiser
Property Sub Type Additional Duplex
PostalCity LORAIN
Legal Description CHAMBERLAIN 54.50 X 75 LAND CONTRACT 5/2/17 20170628019

Interior Features

Basement Other
Basement (Y/N) true
Total Bedrooms 4
Total Baths 2

Exterior Features

Parking Features None
Water Source Other
Lot Size Area 0.09
Number of Buildings 1
Lot Size Acres 0.09
Lot Size Source Appraiser
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Average in 44052

Price
AVG $170K
$160K
Taxes
AVG $1,802
$1,012
Year Built
AVG 1933
1900

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