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.
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Home facts
- Year built:1900
- Subdivision & Development:Chamberlain
- Listing ID #:5205310
- Added:153 day(s) ago
- Updated:September 29, 2026 at 02:24 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)
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