1347 Washington AVE, Lorain, OH 44052
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Michael Henry

Michael Henry

+1(216) 973-1402
$ 158,750
Est. payment /mo
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Active

1347 Washington AVE Lorain, OH 44052

4 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 5205321

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1900

Annual Tax Amount $1,012

Tax Year 2025

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type Duplex

Property 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.

Location

State OH

County Lorain

Rooms

Basement Other

Interior

Heating Other

Cooling Other

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 02-01-006-127-025

Special Listing Condition Standard

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Tal Tamir • Russell Real Estate Services • tal@premierclevelandinvesting.com, 216-870-8687

Nearby Locations

Michael Henry
Michael Henry

CEO, REALTOR, CLHMS - Certified Luxury Home Marketing Specialist™ Real Estate Sales License 2014003328

+1(216) 973-1402 | michael.henry.oh@exprealty.com

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1347 Washington AVE