1101 W 5th Street, Lorain, OH 44052

Lorain
Local realty services provided by:Better Homes and Gardens Real Estate Central
1101 W 5th Street,Lorain, OH 44052
$159,900
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  • 4 Beds
  • 2 Baths
  • 2,066 sq. ft.
  • Multi-family
  • Pending
Listed by: steven lawson
Office: russell real estate services
MLS#:5249688
Source:OH_NORMLS

Price summary

  • Price:$159,900
  • Price per sq. ft.:$77.4

About this home

Great investment opportunity in Lorain! This turnkey side-by-side 2-story duplex offers over 2,000 square feet of living space, with each unit featuring 2 bedrooms and 1 full bath. Each side has its own separate gas and electric meter, furnace, water heater, basement, and private driveway for parking, while the owner pays the water and trash. Situated on a nice-sized corner lot, this property offers a low-maintenance setup that makes it easy to keep existing tenants or begin building your investment portfolio. Located within walking distance of Lakeview Park, Lakeview Beach, and Admiral King Elementary, the location adds even more appeal for tenants. Whether you're an experienced investor or a buyer looking to live in one unit while generating rental income from the other, this property offers plenty of opportunity and flexibility!

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Home facts

  • Year built:1950
  • Subdivision & Development:Downtown Lorain
  • Listing ID #:5249688
  • Added:4 day(s) ago
  • Updated:October 07, 2026 at 05:47 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:10
  • Basement:Yes
  • Basement Description:Full, Unfinished
  • Living area:2,066 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Asphalt, Fiberglass
  • Year built:1950
  • Building area:2,066 sq. ft.
  • Lot area:0.13 Acres
  • Lot Features:Level
  • Exterior Features:Level
  • Levels:2 Stories, 2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$159,900
  • Price per sq. ft.:$77.4
  • Tax amount:$1,440 (2025)

Parking

  • Parking description:Driveway
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