Active

1347 Washington Avenue

Lorain, OH 44052

$165,000 $695/Mo

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Overview

Bed

Bath

0.09

Acre(Lot)

Description

Established rental property with ongoing income at 1347 Washington Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. Both units are currently occupied, with one renting for $1,199 on a month-to-month lease and the second generating $1,100 with a lease in place through 5/31/26, providing immediate cash flow. Utilities are structured with tenants responsible for electric and gas, while the owner covers water, sewer, and trash. The property features a functional layout with consistent rental demand in the area, supporting strong occupancy. A solid addition to a larger portfolio, this asset contributes reliable income within a diversified, income-producing package.

Property Details

Property Type : Residential Income

Price : $165,000

AD Id : 77834156

MLS Id : 5205321

Beds : 4

Lot Size : 0.09 Acre

Year Built : 1900

County : Lorain

Subdivision: Rhawnhurst

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 4

Bathroom Information

Total Baths: 2 Full Baths: 2

Room 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

Building Information

Year Built: 1900 Construction Materials: Other Stories: 2 Private Pool: No

Lot Information

Main Square Feet: 0.09 Acres Lot Size Acres: 0.09 Lot Size Source: Appraiser

Property Information

Subdivision: Chamberlain Source Property Type: Residential Income Property SubType: Duplex Levels: Two Property Age: 126

Listing Price Information

Listing Price: $165000 Original Price: $167000

Tax Information

Parcel Number: 02-01-006-127-025 Tax Year: 2025 Annual Tax: $1012 Tax Legal Desc: CHAMBERLAIN 54.50 X 75 LAND CONTRACT 5/2/17 20170628019

Parking Information

None

Location Information

Direction: Lorain WaterSource: Other

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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	--
1339 Washington Avenue, Lorain, OH, 44052	$165,000	6	2	--
526-528 Hamilton Avenue, Lorain, OH, 44052	$199,900	3	2	2,231	2,231 SqFt
1143 W 9th Street, Lorain, OH, 44052	$145,000	4	2	1,784	1,784 SqFt
1036 Oberlin Avenue, Lorain, OH, 44052	$135,000	4	2	--

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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 06/10/2026 @ 02:15

MLS: 5205321 LISTED BY: Tal Tamir, Russell Real Estate Services 440-201-9850 SOURCE: MLS Now