1347 Washington Avenue, Lorain, OH 44052

Lorain
Local realty services provided by:ERA Real Solutions Realty
1347 Washington Avenue,Lorain, OH 44052
$165,000
  • 4 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: tal tamir, benjamin peleg
Office: russell real estate services
MLS#:5205321
Source:OH_NORMLS

Price summary

  • Price:$165,000

About this home

Established rental property with ongoing income at 1347 Washington Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. Both units are currently occupied, with one renting for $1,199 on a month-to-month lease and the second generating $1,100 with a lease in place through 5/31/26, providing immediate cash flow. Utilities are structured with tenants responsible for electric and gas, while the owner covers water, sewer, and trash. The property features a functional layout with consistent rental demand in the area, supporting strong occupancy. A solid addition to a larger portfolio, this asset contributes reliable income within a diversified, income-producing package.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  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 an ERA®  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 (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1900
  • Listing ID #:5205321
  • Added:65 day(s) ago
  • Updated:July 03, 2026 at 02:53 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:8
  • Basement:Yes

Structure and exterior

  • Year built:1900
  • Lot area:0.09 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$165,000
  • Tax amount:$1,012 (2025)
MLS Logo

New listings near 1347 Washington Avenue