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1339 Washington Avenue, Lorain, OH 44052

$189,000
  • 1339 Washington Avenue, Lorain, OH 44052 Main Photo
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New to the Market Active
BEDS6 BATHS2 full MLS#5205310
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONChamberlain SCHOOLLorain City

Property Description

Performing rental property with consistent returns at 1339 Washington Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This fully occupied duplex produces strong, consistent cash flow with rents of $1,100 and $1,250 per month, both secured through leases expiring 3/31/27, providing long-term income stability. Tenants are responsible for all utilities, helping to minimize owner expenses and maximize returns. The property offers a functional layout with solid rental demand in the area, making it a dependable addition to a larger portfolio. Ideal for investors seeking stable, predictable income, this asset contributes to a well-performing, income-producing portfolio.

1339 Washington Avenue | MLS# 5205310

This multi-family property located at 1339 Washington Avenue, Lorain, OH 44052 is currently listed for sale with an asking price of $189,000. Washington Avenue is located within the Lorain City school district. Search Lorain real estate on www.lydiawalls.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Other
Cooling: None
Heating: Other
Lot Size: 0.09 Acres
Roof Type: Other
Stories: 2.0
Taxes: $1,288 / year
Year Built: 1900

Feature Descriptions

Days on Site: 1
Parcel#: 02-01-006-127-024
Parking: None
Sewer: Other
Water: Other

Local Schools

School District: Lorain City

Listed By / Shown By

Listed By

Agency Name: Russell Real Estate Services
Agency Contact: tal@premierclevelandinvesting.com, 216-870-8687

Shown By

Agent Name: Lydia Walls
Agent Phone: (937) 935-5597
Agency Title: Key Realty

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Estimated Payment

$ 1,219.67 per month $1,057.21 Principal & Interest $107.33 Property Tax $55.13 Homeowner's Insurance

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