1036 Oberlin Avenue
Lorain, OH 44052
4
Bed
2
Bath
0.12Acre(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Rooms Total: 8 Has Basement: Yes Basement: Other -
Roofing Information
Other -
Interior Features
Roof: Other -
Heating & Cooling
Has Heating: Yes Heating: Other Has Cooling: Yes Cooling: Other
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Building Information
Year Built: 1920 Construction Materials: Vinyl Siding Private Pool: No
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Lot Information
Main Square Feet: 0.12 Acres Lot Size Acres: 0.12 Lot Size Source: AppraiserProperty Information
Subdivision: Waterbury Sub #6/Part/Original Source Property Type: Residential Income Property SubType: Duplex Levels: One and One Half Property Age: 106
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Listing Price Information
Listing Price: $135000 Original Price: $164000
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Tax Information
Parcel Number: 02-02-026-118-026 Tax Year: 2025 Annual Tax: $1437 Tax Legal Desc: BROWNELL 41 X 132 S/L 3
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Parking Information
Detached, GarageGarage Information
Has Garage: Yes Garage Space: 1
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Location Information
Direction: Lorain WaterSource: Other
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 407 W 22nd Street, Lorain, OH, 44052 | $135,000 | 4 | 2 | -- | |
| 1813 Lexington Avenue, Lorain, OH, 44052 | $99,900 | 7 | 2 | 3,225 | 3,225 SqFt |
| 508 W 23rd Street, Lorain, OH, 44052 | $155,000 | 4 | 2 | 2,274 | 2,274 SqFt |
| 1702 Lexington Avenue, Lorain, OH, 44052 | $115,000 | 4 | 2 | 1,441 | 1,441 SqFt |
| 444 W 13th Street, Lorain, OH, 44052 | $90,000 | 6 | 2 | 1,772 | 1,772 SqFt |
| 1404 Long Avenue, Lorain, OH, 44052 | $325,000 | 4 | 5 | -- | |
| 1347 Washington Avenue, Lorain, OH, 44052 | $165,000 | 4 | 2 | -- | |
| 1339 Washington Avenue, Lorain, OH, 44052 | $165,000 | 6 | 2 | -- | |
| 1850 Washington Ave. Ave, Lorain, OH, 44052 | $334,900 | -- | -- | -- | |
| 526-528 Hamilton Avenue, Lorain, OH, 44052 | $199,900 | 3 | 2 | 2,231 | 2,231 SqFt |
Similar Multifamily To 1036 Oberlin Avenue
Nearby For Sale
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed.
ByOwner last updated this listing 06/08/2026 @ 16:39
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