525-527 Washington Avenue, Lorain, OH 44052

Lorain
Local realty services provided by:Better Homes and Gardens Real Estate Central
525-527 Washington Avenue,Lorain, OH 44052
$189,900
Virtual Tour
  • 7 Beds
  • 2 Baths
  • 6,058 sq. ft.
  • Multi-family
  • Active
Listed by: david m reddy
Office: keller williams citywide
MLS#:5258031
Source:OH_NORMLS

Price summary

  • Price:$189,900
  • Price per sq. ft.:$31.35

About this home

Great investment opportunity! Two well-maintained single-family homes situated on one parcel in Lorain, conveniently located near Lake Erie and Lakeview Park. The first home offers 4 bedrooms, 1 full bath, and 4,322 square feet of living space. Recent improvements include a new roof, fresh interior paint, and new carpeting throughout. This home was previously rented for $1,450 per month and offers additional rental upside for an investor. The second home features 3 bedrooms, 1 full bath, and 1,736 square feet and is currently tenant occupied, generating $1,150 per month through the Section 8 program. The tenant pays all utilities, providing an attractive income-producing opportunity. With a combined rental history of $2,600 per month, plus the potential to increase rental income from the four-bedroom home, this property is ideal for investors looking to expand their portfolio or an owner-occupant looking to live in one home while generating rental income from the other. Conveniently...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1900
  • Subdivision & Development:Lorain
  • Listing ID #:5258031
  • Added:1 day(s) ago
  • Updated:November 07, 2026 at 03:44 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:15
  • Basement:Yes
  • Basement Description:Full
  • Living area:6,058 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Asphalt, Fiberglass
  • Year built:1900
  • Building area:6,058 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:$189,900
  • Price per sq. ft.:$31.35
  • Tax amount:$2,687 (2025)

Parking

  • Parking description:Carport
  • Carport spaces:2
MLS Logo

New listings near 525-527 Washington Avenue