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2514 Reid Avenue Lorain, OH $ 169,000
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$ 169,000 Get more info
2514 Reid Avenue
$ 169,000
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2514 Reid Avenue

Lorain, OH, 44052
$ 169,000
Bedrooms5 Baths2.0 Sq 1,952

Monthly Estimate*

$ 1,067

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Multi-Family Home for sale in Lorain, OH

for $169,000 with 5 bedrooms and 2 full baths. This 1,952 square foot home was built in 1900 on a lot size of 0.14.

ATTENTION INVESTORS AND ENTREPRENEURS!!! Located in the heart of Lorain, this spacious duplex at 2514 Reid Ave. offers an excellent investment opportunity with nearly 2,000 square feet of living space and reliable rental income! Both units are currently occupied, generating just under $2,000 per month in gross income. The lower unit features 3 bedrooms, 1 full bath, a spacious living room, dining room, and full kitchen, while the upper unit offers 2 bedrooms, 1 full bath, a living room, dining room, and full kitchen. A full, dry basement provides two separate laundry areas along with abundant storage space for tenants. Additional investor-friendly features include separate gas and electric meters, with the owner currently paying water, sewer, and trash. Outside, you'll find a fenced backyard, adding even more appeal for tenants. Whether you're looking to expand your rental portfolio or make your first investment purchase, this income-producing property is one you won't want to miss. Call today for more information! *Showings allowed after accepted offer. Please do not disturb the tenants.

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Multi-Family Active

Price

$ 169,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,963

Style

Lot Size

0.14

Year Built

1900

Town/City

Lorain

County/Region

Lorain

MLS | Web ID

5229898
Features
General
Sewer Public Sewer
Heating Forced Air Gas
Cooling Ceiling Fan(s)
Possession Negotiable
Roof Asphalt Fiberglass
Pool Features None
Construction Materials Concrete
Year Built 1900
Tenant Pays Cable TV Electricity Gas Heat Insurance Internet Telephone
Stories Count 2
Township Lorain
Levels Two
Property Subtype Duplex
Tax Year 2025
Gross Income 1925
Community Features Other
County Lorain
Property Type Residential Income
Attached Garage false
Garage Y/N false
Total Rooms 12
Full Baths 2
Status Active
Directions Broadway Ave to Reid ave. go south 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 1963
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 BRASS CCO 48.00 X 135.00 LOT # 176
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Interior
Basement Unfinished
Total Stories 2
Basement (Y/N) true
Heating Y/N true
Above Grade Finished Area 1952
Half Baths 0
Laundry Features In Basement
Total Bedrooms 5
Main Level Bathrooms 0
Above Grade Finished Area Source Public Records
Total Baths 2
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Exterior
Exterior Amenities Private Yard
Fencing Chain Link
Parking Features Driveway
Lot Features Flat Level
Water Source Public
Lot Size Area 0.14
Number of Buildings 1
Lot Size Acres 0.14
Lot Size Source Public Records
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

$1,231
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,067
Monthly Property Taxes
$164
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
7/23/2026$169,000 Listed Price

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2514 Reid Avenue, Lorain, OH, 44052 is a Multi-Family Home for sale at $169,000 with 1,952 sqft and a lot size of 0.14. 2514 Reid Avenue has 5 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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