1150 W 5th Street, Lorain, OH 44052
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by:jeffrey mcmanamon
Office:hotdoors, llc.
MLS#:5138207
Source:OH_NORMLS
Price summary
- Price:$249,900
- Price per sq. ft.:$64.08
About this home
1150 West 5th Street in Lorain is a solid investment opportunity for anyone looking to add value and grow their rental portfolio. This four-unit property features spacious layouts, with each unit offering three bedrooms and one bathroom at just under 1,000 square feet. While it is a fixer-upper in need of renovation, it provides the ideal blank slate to customize and increase future rental income. Each unit includes a private basement for tenant storage and convenient on-site parking. The location is a major highlight, with close proximity to downtown Lorain, Black River Landing for concerts and events, and less than half a mile from beautiful Lake Erie. With strong potential in an area poised for continued growth, 1150 West 5th Street is ready for an investor with vision to make it shine.
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Home facts
- Year built:1900
- Listing ID #:5138207
- Added:83 day(s) ago
- Updated:October 01, 2025 at 07:18 AM
Rooms and interior
- Bedrooms:12
- Total bathrooms:4
- Full bathrooms:4
- Living area:3,900 sq. ft.
Heating and cooling
- Heating:Gas
Structure and exterior
- Roof:Asphalt
- Year built:1900
- Building area:3,900 sq. ft.
- Lot area:0.16 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$249,900
- Price per sq. ft.:$64.08
- Tax amount:$3,525 (2024)
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