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407 W 22nd Street Lorain, OH $ 160,000
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$ 160,000 Get more info
407 W 22nd Street
$ 160,000
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407 W 22nd Street

Lorain, OH, 44052
$ 160,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 985

407 W 22nd Street, Lorain, OH 44052 - Image 1
407 W 22nd Street, Lorain, OH 44052 - Image 2
407 W 22nd Street, Lorain, OH 44052 - Image 3
407 W 22nd Street, Lorain, OH 44052 - Image 4
407 W 22nd Street, Lorain, OH 44052 - Image 5
407 W 22nd Street, Lorain, OH 44052 - Image 6
407 W 22nd Street, Lorain, OH 44052 - Image 7
407 W 22nd Street, Lorain, OH 44052 - Image 8
407 W 22nd Street, Lorain, OH 44052 - Image 9
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Multi-Family Home for sale in Lorain, OH

for $160,000 with 4 bedrooms and 2 full baths. This home was built in 1900 on a lot size of 0.17.

Value-add opportunity with immediate lease-up potential at 407 W 22nd St in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This two-unit property features one occupied unit generating $995 per month with a lease in place through 3/31/26, while the second unit is currently vacant, providing upside through stabilization. Utilities are structured with the tenant responsible for electric and the owner covering water, sewer, and trash. The property offers a functional layout with solid rental demand in the area, supporting continued occupancy. A strong addition to a larger portfolio, this asset combines in-place income with near-term growth potential.

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Multi-Family Active

Price

$ 160,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,404

Style

Lot Size

0.17

Year Built

1900

Town/City

Lorain

County/Region

Lorain

MLS | Web ID

5205297
Features
General
Sewer Other
Heating Other
Cooling Other
Possession Delivery Of Deed
Roof Other
Garage Spaces 1
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 Gilbert Hogans 03
Garage Y/N true
Total Rooms 10
Full Baths 2
Status Active
Directions Lorain County
City Lorain
High School District Lorain CSD - 4709
Lot Size Units Acres
Carport Y/N false
Tax Annual Amount 1404
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 Public Records
Property Sub Type Additional Duplex
Legal Description HOGAN 50 X 150
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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 0.17
Number of Buildings 1
Lot Size Acres 0.17
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

$1,102
Per Month
89%
11%
0%
Monthly Principal & Interest
$985
Monthly Property Taxes
$117
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$160,000 Listed Price

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407 W 22nd Street, Lorain, OH, 44052 is a Multi-Family Home for sale at $160,000 with a lot size of 0.17. 407 W 22nd Street 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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