508 W 23rd Street, Lorain, OH 44052

Lorain
Local realty services provided by:Better Homes and Gardens Real Estate Central
508 W 23rd Street,Lorain, OH 44052
$155,000
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  • 4 Beds
  • 2 Baths
  • 2,274 sq. ft.
  • Multi-family
  • Pending
Listed by: angie lopez
Office: keller williams citywide
MLS#:5195958
Source:OH_NORMLS

Price summary

  • Price:$155,000
  • Price per sq. ft.:$68.16

About this home

Excellent income-producing investment opportunity OR homeowner opportunity. The upstairs tenant will be moving out next month. The property currently is receiving $1,750. The home features two units with strong rent: the upper unit is currently occupied paying $900 up-to date with rent, while the lower unit is occupied by a tenant and also up to date on rent $850. And ALL appliances will stay with the unit: including stove, refrigerator, washer, and dryer. The exterior has been updated with newer vinyl siding, newer roof, and vinyl windows, enhancing both durability and curb appeal. Inside you'll find newer flooring throughout, newer kitchens, and newer bathrooms. Major mechanical updates include two newer hot water tanks (2020) and a newer furnace, offering added peace of mind. There are 2 furnaces, one is in the basement and the second furnace is in the upstairs unit. Each unit offers a bright and inviting interior with abundant natural light, complemented by some updated...

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Home facts

  • Year built:1900
  • Listing ID #:5195958
  • Added:46 day(s) ago
  • Updated:May 14, 2026 at 07:25 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:8
  • Kitchen Description:Range, Refrigerator
  • Basement:Yes
  • Basement Description:Full
  • Living area:2,274 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt, Fiberglass, Shingle
  • Year built:1900
  • Building area:2,274 sq. ft.
  • Lot area:0.17 Acres
  • Construction Materials:Vinyl Siding

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$155,000
  • Price per sq. ft.:$68.16
  • Tax amount:$1,170 (2025)

Features and amenities

  • Appliances:Range, Refrigerator, Washer
  • Laundry features:Dryer, Washer

Parking

  • Parking description:Driveway
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