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1347 Washington Avenue Lorain, OH $ 167,000
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1347 Washington Avenue
$ 167,000
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1347 Washington Avenue

Lorain, OH, 44052
$ 167,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 1,028

​

Multi-Family Home for sale in Lorain, OH

for $167,000 with 4 bedrooms and 2 full baths. This home was built in 1900 on a lot size of 0.09.

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.

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Multi-Family Active

Price

$ 167,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,012

Style

Lot Size

0.09

Year Built

1900

Town/City

Lorain

County/Region

Lorain

MLS | Web ID

5205321
Features
General
Sewer Other
Heating Other
Cooling Other
Possession Delivery Of Deed
Roof Other
Construction Materials Other
Year Built 1900
Stories Count 2
Township Lorain
Levels Two
Property Subtype Duplex
Tax Year 2025
County Lorain
Property Type Residential Income
Attached Garage false
Subdivision Name Chamberlain
Garage Y/N false
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 1012
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 CHAMBERLAIN 54.50 X 75 LAND CONTRACT 5/2/17 20170628019
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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 None
Water Source Other
Lot Size Area 0.09
Number of Buildings 1
Lot Size Acres 0.09
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

$1,113
Per Month
92%
8%
0%
Monthly Principal & Interest
$1,028
Monthly Property Taxes
$84
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
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Pricing History
DatePricePrice ChangeDescription
4/29/2026$167,000 Listed Price

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1347 Washington Avenue, Lorain, OH, 44052 is a Multi-Family Home for sale at $167,000 with a lot size of 0.09. 1347 Washington Avenue has 4 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 44052 which is in Lorain, OH

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