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Listed price in listed location currency (USD).
$109,500

720

MLS® 5210547

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 3225 sqft
Garage 
Taxes $1,138
Days Active 1
Lot Size 
Approx. Age 1900
Avg. Price Per Sqft $33
MLS® Number 5210547

Property Address: 1813 Lexington Ave, Lorain, OH, 44052-3744

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

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
MLS® Number5210547
Laundry LevelMain
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
BasementFull, Unfinished
DrivewayNo Garage, Paved
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 19, 2026List Date
$109,500List Price
  • Commute

Commute

Starting Address
Destination Address
1813 Lexington Ave, Lorain, OH

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