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1101 W 5th Street Lorain, OH $ 159,900
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$ 159,900 Get more info
1101 W 5th Street
$ 159,900
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1101 W 5th Street

Lorain, OH, 44052
$ 159,900
Bedrooms4 Baths2.0 Sq 2,066

Monthly Estimate*

$ 1,010

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Multi-Family Home for sale in Lorain, OH

for $159,900 with 4 bedrooms and 2 full baths. This 2,066 square foot home was built in 1950 on a lot size of 0.13.

Great investment opportunity in Lorain! This turnkey side-by-side 2-story duplex offers over 2,000 square feet of living space, with each unit featuring 2 bedrooms and 1 full bath. Each side has its own separate gas and electric meter, furnace, water heater, basement, and private driveway for parking, while the owner pays the water and trash. Situated on a nice-sized corner lot, this property offers a low-maintenance setup that makes it easy to keep existing tenants or begin building your investment portfolio. Located within walking distance of Lakeview Park, Lakeview Beach, and Admiral King Elementary, the location adds even more appeal for tenants. Whether you're an experienced investor or a buyer looking to live in one unit while generating rental income from the other, this property offers plenty of opportunity and flexibility!

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Multi-Family Active

Price

$ 159,900

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,440

Style

Lot Size

0.13

Year Built

1950

Town/City

Lorain

County/Region

Lorain

MLS | Web ID

5249688
Features
General
Sewer Public Sewer
Heating Forced Air Gas
Cooling Ceiling Fan(s) Window Unit(s)
Possession Delivery Of Deed
Roof Asphalt Fiberglass
Pool Features None
Construction Materials Block Concrete
Year Built 1950
Tenant Pays Cable TV Electricity Gas Internet
View City
Stories Count 2
Township Lorain
Levels Two
Property Subtype Duplex
Tax Year 2025
Gross Income 17700
Community Features None
County Lorain
Property Type Residential Income
Attached Garage false
Subdivision Name Downtown Lorain
Garage Y/N false
Total Rooms 10
Full Baths 2
Status Active
Directions Oberlin Ave to West 5th st. Go east and property will be on your right hand side
City Lorain
High School District Lorain CSD - 4709
Lot Size Units Acres
Carport Y/N false
Tax Annual Amount 1440
Home Warranty Y/N false
Property Condition Updated/Remodeled
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Lorain CSD - 4709
Elementary School District Lorain CSD - 4709
Year Built Source Public Records
Property Sub Type Additional Duplex
Legal Description O P C 65 X 92 LOT # 250-1
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Interior
Interior Amenities Ceiling Fan(s) Eat-in Kitchen
Basement Full Interior Entry Storage Space Unfinished
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Window Features Insulated Windows
Above Grade Finished Area 2066
Half Baths 0
Laundry Features Inside In Basement Lower Level
Total Bedrooms 4
Below Grade Finished Area 0
Main Level Bathrooms 0
Below Grade Finished Area Source Public Records
Above Grade Finished Area Source Public Records
Total Baths 2
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Exterior
Exterior Amenities None
Fencing None
Parking Features Driveway
Lot Features Flat Level
Water Source Public
Lot Size Area 0.13
Number of Buildings 1
Lot Size Acres 0.13
Lot Size Source Owner
Waterfront Y/N false
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* Excluded Features
List By
Steven Lawson

Listing Agent

Russell Real Estate Services

Broker

stevelawson@superstevesells.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 6.49% 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
10/2/2026$159,900 Listed Price

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1101 W 5th Street, Lorain, OH, 44052 is a Multi-Family Home for sale at $159,900 with 2,066 sqft and a lot size of 0.13. 1101 W 5th Street has 4 bedrooms, 2.0 baths, and was built in 1950. The property's zip code is 44052 which is in Lorain, OH

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