1423 Shaffer Dr
Lorain, OH 44053
4
Bed
2
Bath
0.01Acre(Lot)
Investor opportunity with owner-occupant potential! This duplex at 1423 Shaffer Drive, Lorain is currently fully occupied, generating immediate rental income with one unit leased at $900/month on a one year lease ending 07/31/2027 and the other at $800/month on a month-to-month basis, for a total gross monthly income of $1,700 Tenants pay their own gas and electric, while the owner covers water and sewer, helping keep operating expenses manageable. Whether you're looking to add a cash-flowing property to your investment portfolio or planning ahead to owner-occupy one unit while offsetting your mortgage with rental income from the other, this property offers excellent flexibility. A great opportunity for investors today and future owner-occupants or house hackers alike.
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
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: 1974 Construction Materials: Other Stories: 1 Private Pool: No
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Lot Information
Main Square Feet: 0.01 Acres Lot Size Acres: 0.01 Lot Size Source: Appraiser
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Listing Price Information
Listing Price: $149900
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Tax Information
Parcel Number: 02-02-005-113-008 Tax Year: 2025 Annual Tax: $2486
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Parking Information
GarageGarage Information
Has Garage: Yes Garage Space: 2
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Location Information
Direction: Lorain County WaterSource: Other
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ByOwner last updated this listing 08/19/2026 @ 13:05
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