1404 Long Avenue, Lorain, OH 44052

Local realty services provided by:Better Homes and Gardens Real Estate Central
1404 Long Avenue,Lorain, OH 44052
$399,000
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  • 5 Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: teresa l kaurich
Office: berkshire hathaway homeservices lucien realty
MLS#:5175137
Source:OH_NORMLS

Price summary

  • Price:$399,000

About this home

Rare opportunity to own a piece of Lorain history. The well-known Urban 19 Building presents an excellent investment opportunity with strong cash flow and room to grow. This beautifully maintained and updated brick property features four 1-bedroom, 1-bath apartments and one studio apartment, all tastefully updated and fully occupied. Four of the five units include newer heating systems, and residents enjoy wide, spacious hallways that add comfort and charm throughout the building. The property also offers a street-level storefront that is currently vacant, providing great potential for additional rental income or an ideal owner-operated business space. Current residential rents generate $3,450 per month, with upside available by leasing the commercial unit or adjusting rents. Major updates include a newer roof and six newer hot water heaters, ensuring long-term durability and peace of mind. Located near Black River Landing, Lake Erie, and Lorain’s growing downtown waterfront events

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Home facts

  • Year built:1900
  • Listing ID #:5175137
  • Added:16 day(s) ago
  • Updated:December 19, 2025 at 03:13 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:5
  • Full bathrooms:5

Heating and cooling

  • Heating:Baseboard, Electric, Forced Air, Gas

Structure and exterior

  • Year built:1900
  • Lot area:0.07 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$399,000
  • Tax amount:$1,940 (2024)
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