2323/2325 Homewood Drive, Lorain, OH 44055

Local realty services provided by:Better Homes and Gardens Real Estate Central
2323/2325 Homewood Drive,Lorain, OH 44055
$159,900
  • 4 Beds
  • 2 Baths
  • 2,688 sq. ft.
  • Multi-family
  • Pending
Listed by: glen g whitten
Office: ohio property group, llc.
MLS#:5155557
Source:OH_NORMLS

Price summary

  • Price:$159,900
  • Price per sq. ft.:$59.49

About this home

Discover a fantastic turnkey investment opportunity in the desirable Homewood subdivision of Lorain. This well-maintained side-by-side duplex offers two spacious, fully leased units—each featuring 2 bedrooms, 1 full bathroom, a generous living area, and an eat-in kitchen. Both units have access to private basements with laundry hookups and abundant storage space. Currently generating a combined monthly rental income of $1,700, this property provides immediate cash flow with tenants in place under lease agreements. Both units have recently undergone renovations, enhancing appeal and tenant satisfaction. Tenants pay all utilities except water, sewer, and trash, maximizing profitability. This property is part of a four-unit package—sold together with adjacent duplexes at 2315 and 2317 Homewood—sharing a convenient driveway with plenty of parking, offering a unique opportunity to expand your rental portfolio. With its strong rental income, recent upgrades, and prime location,

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Home facts

  • Year built:1951
  • Listing ID #:5155557
  • Added:110 day(s) ago
  • Updated:December 31, 2025 at 05:11 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:2,688 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt
  • Year built:1951
  • Building area:2,688 sq. ft.
  • Lot area:0.17 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$159,900
  • Price per sq. ft.:$59.49
  • Tax amount:$2,055 (2024)
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