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Listed price in listed location currency (USD).
$360,000

450

MLS® 5191201

Overview

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage No
Taxes $1,873
Days Active 0
Lot Size 0.07 acres
Approx. Age 1919
MLS® Number 5191201

Property Address: 1404 Long Ave, Lorain, OH, 44052-3553

Average square foot calculated using Size range provided by listing agent.

Description

Beautifully maintained and thoughtfully updated mixed-use brick property offering strong income potential and timeless character. This solid investment features four spacious one-bedroom apartments and one studio apartment, all currently occupied, providing immediate and consistent rental income. The ground level includes a large, highly visible storefront along with an additional one-bedroom unit, creating excellent flexibility for retail, office, or service use. The second floor offers three one-bedroom apartments and one studio, each thoughtfully updated to blend modern comfort while preserving the building’s original charm. The lower level provides convenient laundry facilities and additional storage for tenants. Positioned on a busy corner, the street-level storefront benefits from exceptional visibility and strong exposure, offering endless potential for a variety of businesses. Major improvements include renovations to all residential units, two new baseboard heating units (2025), six new hot water tanks and two new wall furnaces (2024), brick tuckpointing (2024), and a new roof (2022). Ideally located just minutes from Black River Landing and Lake Erie, the property offers convenient access to waterfront events, dining, and recreation. A rare opportunity to own a well-maintained mixed-use property in a high-visibility location with established rental income. Schedule your private showing today.
MLS® Number5191201
Laundry LevelIn Basement
Central VacNo
FireplaceNo
Acreage0.07
Exterior
GarageNo
Approx. Age1919
BasementFull, Unfinished
DrivewayOn Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 5, 2026List Date
$360,000List Price

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