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