Active

1813 Lexington Avenue

Lorain, OH 44052

$99,900 $421/Mo

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Overview

Bed

Bath

3,225

Sqft

0.17

Acre(Lot)

Description

Unique 2-family investment opportunity offering exceptional income potential/Also perfect for owner occupied use! Spacious vinyl-sided duplex features a total of 7 bedrooms/2 full baths w/flexible layout consisting of 3-bedroom, 1-bath main floor unit plus 4-bedroom, 1-bath second-floor unit. Situated on quiet street w/2 separate driveways, partially fenced yard & separate entrances for each unit, includes welcoming porch for one of the units. Property will be delivered vacant at closing, making it ideal for owner occupancy or for investors looking to maximize rental income. Second-floor unit complete & owner-occupied, while main-floor unit requires some finishing work, allowing the new owner to add value/build equity. Laundry has been conveniently added to each floor. Property appears to feature 2 furnaces, separate gas service & 2 updated electrical boxes, w/one hot water tank currently servicing the property. Affordably priced to allow for completion of remaining improvements while creating strong cash flow potential. High bedroom count makes this a desirable rental opportunity with excellent income possibilities for traditional or Section 8 tenants. Perfect addition to a growing portfolio or ideal for an owner-occupant looking to offset living expenses with rental income. Being sold as-is. Cash, hard money or DSCR financing only. Investment-friendly city with strong rental demand and excellent

Property Details

Property Type : Residential Income

Price : $99,900

AD Id : 78886471

MLS Id : 5210547

Beds : 7

Lot Size : 0.17 Acre

Living Area Size : 3,225

Year Built : 1900

County : Lorain

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What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 7

Bathroom Information

Total Baths: 2 Full Baths: 2

Room Information

Rooms Total: 11 Has Basement: Yes Basement: Full, Unfinished
Roofing Information

Asphalt, Fiberglass
Interior Features

Roof: Asphalt, Fiberglass Laundry Features: Main Level, Upper Level
Heating & Cooling

Has Heating: Yes Heating: Natural Gas, Forced Air Cooling: None

Building Information

Year Built: 1900 Construction Materials: Vinyl Siding Stories: 2 Private Pool: No

Lot Information

Main Square Feet: 0.172 Acres Lot Size Acres: 0.172 Lot Size Source: Public Records

Listing Price Information

Listing Price: $99900 Original Price: $109500

Tax Information

Parcel Number: 02-01-003-154-005 Tax Year: 2025 Annual Tax: $1138

Parking Information

No Garage, Paved

Location Information

Direction: off lexington ave WaterSource: Public

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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	--
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	--
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 06/11/2026 @ 14:56

MLS: 5210547 LISTED BY: Christopher Frederick, Coldwell Banker Schmidt Realty 440-327-2123 SOURCE: MLS Now