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1036 Oberlin Avenue Lorain, OH $ 164,000
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1036 Oberlin Avenue
$ 164,000
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1036 Oberlin Avenue

Lorain, OH, 44052
$ 164,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 1,010

​

Multi-Family Home for sale in Lorain, OH

for $164,000 with 4 bedrooms and 2 full baths. This home was built in 1920 on a lot size of 0.12.

Partially leased property offering strong income growth potential at 1036 Oberlin Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This duplex-style property features one occupied unit generating $1,125 month-to-month, while the second unit is currently vacant, providing immediate upside through lease-up. Utilities are structured with the tenant paying electric and the owner responsible for water, sewer, and trash. The property offers a functional layout with solid rental demand in the area, making it well-suited for continued income production. Ideal for investors seeking to expand their portfolio with a value-add component, this asset contributes to a larger package with built-in cash flow and long-term growth potential.

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Multi-Family Active

Price

$ 164,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,437

Style

Lot Size

0.12

Year Built

1920

Town/City

Lorain

County/Region

Lorain

MLS | Web ID

5205320
Features
General
Sewer Other
Heating Other
Cooling Other
Possession Delivery Of Deed
Roof Other
Garage Spaces 1
Construction Materials Vinyl Siding
Year Built 1920
Township Lorain
Levels One and One Half
Property Subtype Duplex
Tax Year 2025
County Lorain
Property Type Residential Income
Attached Garage false
Subdivision Name Waterbury Sub #6/Part/Original
Garage Y/N true
Total Rooms 8
Full Baths 2
Status Active
Directions Lorain
City Lorain
High School District Lorain CSD - 4709
Lot Size Units Acres
Carport Y/N false
Tax Annual Amount 1437
Home Warranty Y/N false
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Lorain CSD - 4709
Elementary School District Lorain CSD - 4709
Year Built Source Appraiser
Property Sub Type Additional Duplex
Legal Description BROWNELL 41 X 132 S/L 3
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Interior
Basement Other
Basement (Y/N) true
Half Baths 0
Total Bedrooms 4
Main Level Bathrooms 0
Total Baths 2
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Exterior
Parking Features Detached Garage
Water Source Other
Lot Size Area 0.12
Number of Buildings 1
Lot Size Acres 0.12
Lot Size Source Appraiser
Waterfront Y/N false
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* Excluded Features
List By
Tal Tamir

Listing Agent

Russell Real Estate Services

Broker

tal@premierclevelandinvesting.com

Email

Affordability Calculator

$1,130
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,010
Monthly Property Taxes
$120
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4458042 Elementary School
4458082 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/29/2026$164,000 Listed Price

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1036 Oberlin Avenue, Lorain, OH, 44052 is a Multi-Family Home for sale at $164,000 with a lot size of 0.12. 1036 Oberlin Avenue has 4 bedrooms, 2.0 baths, and was built in 1920. The property's zip code is 44052 which is in Lorain, OH

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