1813 Lexington Avenue, Lorain, OH 44052
Local realty services provided by:Better Homes and Gardens Real Estate Central
1813 Lexington Avenue,Lorain, OH 44052
$109,500
- 7 Beds
- 2 Baths
- 3,225 sq. ft.
- Multi-family
- Active
Listed by: christopher a frederick, michele l frederick
Office: coldwell banker schmidt realty
MLS#:5210547
Source:OH_NORMLS
Price summary
- Price:$109,500
- Price per sq. ft.:$33.95
About this home
Unique 2-family investment opportunity offering exceptional income potential/Also perfect for owner occupied use! Spacious vinyl-sided duplex features a total of 7 bedrooms/2 full baths w/flexible layout consisting of 3-bedroom, 1-bath main floor unit plus 4-bedroom, 1-bath second-floor unit. Situated on quiet street w/2 separate driveways, partially fenced yard & separate entrances for each unit, includes welcoming porch for one of the units. Property will be delivered vacant at closing, making it ideal for owner occupancy or for investors looking to maximize rental income. Second-floor unit complete & owner-occupied, while main-floor unit requires some finishing work, allowing the new owner to add value/build equity. Laundry has been conveniently added to each floor. Property appears to feature 2 furnaces, separate gas service & 2 updated electrical boxes, w/one hot water tank currently servicing the property. Affordably priced to allow for completion of remaining improvements while creating strong cash flow potential. High bedroom count makes this a desirable rental opportunity with excellent income possibilities for traditional or Section 8 tenants. Perfect addition to a growing portfolio or ideal for an owner-occupant looking to offset living expenses with rental income. Being sold as-is. Cash, hard money or DSCR financing only. Investment-friendly city with strong rental demand and excellent...
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Home facts
- Year built:1900
- Listing ID #:5210547
- Added:4 day(s) ago
- Updated:May 23, 2026 at 02:21 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:11
- Basement:Yes
- Basement Description:Full, Unfinished
- Living area:3,225 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1900
- Building area:3,225 sq. ft.
- Lot area:0.17 Acres
- Construction Materials:Vinyl Siding
- Levels:2 Stories, 2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$109,500
- Price per sq. ft.:$33.95
- Tax amount:$1,138 (2025)
Parking
- Parking description:Paved
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