1850 Washington Ave., Lorain, OH 44052

Lorain
Local realty services provided by:ERA Geyer Noakes Realty Group
1850 Washington Ave.,Lorain, OH 44052
$334,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: kyle m recker, jaron t smith
Office: howard hanna - port clinton
MLS#:20254144
Source:OH_FMLS

Price summary

  • Price:$334,900

About this home

Incredible investment opportunity in Lorain! This five-unit income property with an additional office space is fully occupied except for the office, generating over $4,200 per month with room to grow. The building features three 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, offering a great mix for steady rental demand. The office space includes its own bathroom and provides endless potential. Rent it out for additional income or transform it into a salon, beauty parlor, or small business suite. The property offers a solid brick exterior, plenty of off-street parking for tenants and guests, and a prime location near downtown Lorain, Lakeview Park, shopping, and highways. Don't wait to add this turnkey multi-unit property to your portfolio.

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Home facts

  • Year built:1900
  • Listing ID #:20254144
  • Added:161 day(s) ago
  • Updated:March 19, 2026 at 04:00 PM

Structure and exterior

  • Year built:1900
  • Lot area:0.14 Acres
  • Construction Materials:Brick
  • Foundation Description:Crawl Space

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$334,900
  • Tax amount:$7,618

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