1339 Washington Avenue
Lorain, OH 44052
6
Bed
2
Bath
0.09Acre(Lot)
Performing rental property with consistent returns at 1339 Washington Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This fully occupied duplex produces strong, consistent cash flow with rents of $1,100 and $1,250 per month, both secured through leases expiring 3/31/27, providing long-term income stability. Tenants are responsible for all utilities, helping to minimize owner expenses and maximize returns. The property offers a functional layout with solid rental demand in the area, making it a dependable addition to a larger portfolio. Ideal for investors seeking stable, predictable income, this asset contributes to a well-performing, income-producing portfolio.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 6Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Rooms Total: 10 Has Basement: Yes Basement: Other -
Roofing Information
Other -
Interior Features
Roof: Other -
Heating & Cooling
Has Heating: Yes Heating: Other Cooling: None
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Building Information
Year Built: 1900 Construction Materials: Other Stories: 2 Private Pool: No
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Lot Information
Main Square Feet: 0.09 Acres Lot Size Acres: 0.09 Lot Size Source: AppraiserProperty Information
Subdivision: Chamberlain Source Property Type: Residential Income Property SubType: Duplex Levels: Two Property Age: 126
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Listing Price Information
Listing Price: $165000 Original Price: $189000
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Tax Information
Parcel Number: 02-01-006-127-024 Tax Year: 2024 Annual Tax: $1288 Tax Legal Desc: CHAMBERLAIN 50.52 X 74.92
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Parking Information
None
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Location Information
Direction: Lorain County 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 | -- | |
| 526-528 Hamilton Avenue, Lorain, OH, 44052 | $199,900 | 3 | 2 | 2,231 | 2,231 SqFt |
| 2400 Oberlin Avenue, Lorain, OH, 44052 | $215,000 | 5 | 3 | 2,224 | 2,224 SqFt |
| 1143 W 9th Street, Lorain, OH, 44052 | $145,000 | 4 | 2 | 1,784 | 1,784 SqFt |
Similar Multifamily To 1339 Washington 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 06/09/2026 @ 15:17
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