REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 189,000
Est. payment /mo
New
1339 Washington AVE Lorain, OH 44052
6 Beds
2 Baths
3,920 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Chamberlain
MLS Listing ID 5205310
Bedrooms 6
Full Baths 2
HOA Y/N No
Year Built 1900
Annual Tax Amount $1,288
Tax Year 2024
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Duplex
Property Description
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.
Location
State OH
County Lorain
Rooms
Basement Other
Interior
Heating Other
Cooling None
Fireplace No
Exterior
Parking Features None
Water Access Desc Other
Roof Type Other
Private Pool No
Building
Sewer Other
Water Other
Level or Stories Two
Schools
School District Lorain Csd - 4709
Others
Tax ID 02-01-006-127-024
Special Listing Condition Standard
Listed by Tal Tamir • Russell Real Estate Services • tal@premierclevelandinvesting.com, 216-870-8687