1036 Oberlin Avenue, Lorain, OH 44052

Lorain
Local realty services provided by:Better Homes and Gardens Real Estate Central
1036 Oberlin Avenue,Lorain, OH 44052
$164,000
  • 4 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: tal tamir, benjamin peleg
Office: russell real estate services
MLS#:5205320
Source:OH_NORMLS

Price summary

  • Price:$164,000

About this home

Partially leased property offering strong income growth potential at 1036 Oberlin Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This duplex-style property features one occupied unit generating $1,125 month-to-month, while the second unit is currently vacant, providing immediate upside through lease-up. Utilities are structured with the tenant paying electric and the owner responsible for water, sewer, and trash. The property offers a functional layout with solid rental demand in the area, making it well-suited for continued income production. Ideal for investors seeking to expand their portfolio with a value-add component, this asset contributes to a larger package with built-in cash flow and long-term growth potential.

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Home facts

  • Year built:1920
  • Listing ID #:5205320
  • Added:14 day(s) ago
  • Updated:May 13, 2026 at 02:17 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:8
  • Basement:Yes

Structure and exterior

  • Year built:1920
  • Lot area:0.12 Acres
  • Construction Materials:Vinyl Siding

Finances and disclosures

  • Price:$164,000
  • Tax amount:$1,437 (2025)

Parking

  • Parking description:Detached, Garage
  • Garage:Yes
  • Garage spaces:1
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