1347 Washington Avenue, Lorain, OH 44052

Lorain
Local realty services provided by:Better Homes and Gardens Real Estate Central
1347 Washington Avenue,Lorain, OH 44052
$167,000
  • 4 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: tal tamir, benjamin peleg
Office: russell real estate services
MLS#:5205321
Source:OH_NORMLS

Price summary

  • Price:$167,000

About this home

Established rental property with ongoing income at 1347 Washington Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. Both units are currently occupied, with one renting for $1,199 on a month-to-month lease and the second generating $1,100 with a lease in place through 5/31/26, providing immediate cash flow. Utilities are structured with tenants responsible for electric and gas, while the owner covers water, sewer, and trash. The property features a functional layout with consistent rental demand in the area, supporting strong occupancy. A solid addition to a larger portfolio, this asset contributes reliable income within a diversified, income-producing package.

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Home facts

  • Year built:1900
  • Listing ID #:5205321
  • 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:1900
  • Lot area:0.09 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$167,000
  • Tax amount:$1,012 (2025)
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