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    1214 W 5Th St Lorain, OH 44052

    For Sale
    $95,000

    MULTI_FAMILY - Lorain, OH

    Lot size:
    0.22 Acres
    Days on Market:
    18
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 1214 W 5Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 4, Basement, Bathroom 3, Bedroom 1
    Bedrooms
    4
    Bathrooms
    3
    APN
    02-02-026-106-021
    Parking features
    Driveway
    Lot size
    0.22 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1930
    Floors in Building
    2
    Building materials
    VinylSiding
    Roof type
    Fiberglass, Asphalt

    Russell Real Estate Services (440) 268-9491 [email protected]

    Listing agent Glorivania Maldonado (440) 396-9443 License #2013004263

    Listing date Nov 18, 2025

    MLS# 5095651 Listing URL

    Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lorain Duplex with Rehab Potential

    This spacious duplex in Lorain, Ohio, presents an opportunity for investors and those interested in a rehabilitation project. The property features two units, each containing two bedrooms and one bathroom. The home has been partially updated and is awaiting completion with finishing touches. Its location offers proximity to schools, downtown Lorain, Lakeview Park, Black River Landing, shopping areas, and major highways. The lot size is approximately 0.22 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lorain
    County
    Lorain
    State
    Ohio
    Longitude
    -82.185709
    Latitude
    41.465287

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    FAQs

    What type of property is this?
    Duplex - Spacious Lorain duplex awaiting finishing touches, ideal for investors.
    Where is this duplex located?
    The property is located at 1214 W 5Th St Lorain, OH.
    What is the asking price?
    The asking price for this property is $95,000.
    What are key features of this property?
    This property features: - Spacious duplex featuring two 2-bedroom, 1-bath units.; - Partially updated, awaiting your finishing touches to realize its full potential.; - Enjoy the convenience of close proximity to schools, downtown Lorain, Lakeview Park, and Black River Landing.
    (440) 396-9443
    Request Owner's contact information
    1214 W 5Th St Lorain, OH 44052
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    Lorain, OH 44052
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1214 W 5Th St Lorain, OH 44052
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