2320 Lexington Avenue, Lorain, OH 44052

Lorain
Local realty services provided by:Better Homes and Gardens Real Estate Central
2320 Lexington Avenue,Lorain, OH 44052
$139,900
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  • 6 Beds
  • 2 Baths
  • 2,400 sq. ft.
  • Multi-family
  • Active
Listed by: leah whited
Office: russell real estate services
MLS#:5259472
Source:OH_NORMLS

Price summary

  • Price:$139,900
  • Price per sq. ft.:$58.29

About this home

Investor opportunity in Lorain! This side-by-side duplex features two mirror-image 3-bedroom, 1-bath units with approximately 2,400 sq ft on a 0.17-acre lot. Gas and electric are separately metered, and each unit has its own basement laundry hookups. Unit 2320 has a long-term tenant of 8 years on a month-to-month lease, paying $700/month plus all utilities, with a furnace installed in 2026 and a 10-year-old water heater. Unit 2326 is vacant and ready for updates. It needs a water heater and has a 1990 furnace, giving you the chance to renovate and set your own rent. Roof replaced in 2016, and some windows have been updated. Both units have partial unfinished basements, and the seller reports no water issues. Gravel driveway on both sides. Sold as-is. Add this income-producing property to your portfolio!

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Home facts

  • Year built:1900
  • Subdivision & Development:Hogans 3rd Add
  • Listing ID #:5259472
  • Added:1 day(s) ago
  • Updated:November 13, 2026 at 04:49 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:2
  • Full bathrooms:2
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:2,400 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Asphalt, Fiberglass
  • Year built:1900
  • Building area:2,400 sq. ft.
  • Lot area:0.17 Acres
  • Construction Materials:Aluminium Siding
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$139,900
  • Price per sq. ft.:$58.29
  • Tax amount:$1,604 (2025)

Parking

  • Parking description:Driveway
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