1339 Washington Avenue, Lorain, OH 44052
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by: tal tamir, benjamin peleg
Office: russell real estate services
MLS#:5205310
Source:OH_NORMLS
Price summary
- Price:$158,750
About this home
Performing rental property with consistent returns at 1339 Washington Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This fully occupied duplex produces strong, consistent cash flow with rents of $1,100 and $1,250 per month, both secured through leases expiring 3/31/27, providing long-term income stability. Tenants are responsible for all utilities, helping to minimize owner expenses and maximize returns. The property offers a functional layout with solid rental demand in the area, making it a dependable addition to a larger portfolio. Ideal for investors seeking stable, predictable income, this asset contributes to a well-performing, income-producing portfolio.
Multiple properties must be purchased. Singular properties will not be considered. Reach out to co-listing agent for details.
Contact an agent
Home facts
- Year built:1900
- Subdivision & Development:Chamberlain
- Listing ID #:5205310
- Added:197 day(s) ago
- Updated:November 12, 2026 at 04:12 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:10
- Basement:Yes
Structure and exterior
- Year built:1900
- Lot area:0.09 Acres
- Levels:2 Story
Finances and disclosures
- Price:$158,750
- Tax amount:$1,288 (2024)
New listings near 1339 Washington Avenue
- New
$185,000Active3 beds 2 baths1,650 sq. ft.2131 E 40th Street, Lorain, OH 44055
MLS# 5260183Listed by: RUSSELL REAL ESTATE SERVICES - New
$90,000Active4 beds 1 baths2,822 sq. ft.777 Washington Avenue, Lorain, OH 44052
MLS# 5260242Listed by: AI BROKERS LLC - New
$129,900Active4 beds 2 baths1,408 sq. ft.1227 W 25th Place, Lorain, OH 44052
MLS# 5260109Listed by: RUSSELL REAL ESTATE SERVICES - New
$219,900Active3 beds 2 baths1,176 sq. ft.4041 Marshall Avenue, Lorain, OH 44053
MLS# 5259760Listed by: CHOSEN REAL ESTATE GROUP - New
$50,000Active3 beds 1 baths882 sq. ft.1128 W 19th Street, Lorain, OH 44052
MLS# 5259532Listed by: OHIO BROKER DIRECT - New
$65,000Active3 beds 1 baths1,373 sq. ft.513 Dewitt Street, Lorain, OH 44055
MLS# 5259493Listed by: MARKET FIRST REAL ESTATE SERVICES - New
$129,000Active3 beds 2 baths516 E 41st Street, Lorain, OH 44052
MLS# 5259434Listed by: RUSSELL REAL ESTATE SERVICES - Open Sun, 1 to 3pmNew
$199,900Active3 beds 2 baths1,752 sq. ft.3500 Edgewood Drive, Lorain, OH 44053
MLS# 5257924Listed by: KELLER WILLIAMS CITYWIDE - New
$309,900Active4 beds 3 baths2,628 sq. ft.5909 Oak Point Road, Lorain, OH 44053
MLS# 5258536Listed by: RUSSELL REAL ESTATE SERVICES - New
$189,900Active7 beds 2 baths6,058 sq. ft.525-527 Washington Avenue, Lorain, OH 44052
MLS# 5258031Listed by: KELLER WILLIAMS CITYWIDE