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    1402-1404 W 20Th St Lorain, OH 44052

    Pending
    For Sale
    $149,900

    MULTI_FAMILY - Lorain, OH

    Property size:
    2,520 SF
    Lot size:
    0.16 Acres
    Days on Market:
    18
    Last Refresh:
    Dec 5 at 8:06 am

    Property Features for 1402-1404 W 20Th St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Rooms
    Bedroom 6, Bathroom 2, Bedroom 5, Bedroom 1, Bedroom 4, Bedroom 2, Basement, Bedroom 3, Bathroom 1
    Bedrooms
    6
    Bathrooms
    2
    APN
    02-02-025-116-024
    Size
    2,520 SF
    Lot size
    0.16 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Roof type
    Asphalt, Shingle

    Greater Cleveland (216) 839-5500 [email protected]

    Listing agent Terry Young (216) 400-5224 License #237938

    Listing date Nov 18, 2025

    MLS# 5162564 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: Investor Opportunity

    Located in Lorain, this tenant-occupied duplex at 1402-1404 W 20th St presents an investor opportunity. The property offers consistent cash flow, suitable for expanding or initiating a rental portfolio. Both the lower and upper units feature 3 bedrooms and 1 full bathroom, providing spacious layouts attractive to long-term tenants. The property size is 2520 square feet, situated on a 0.16-acre lot. With dependable occupancy and strong rental demand in the area, this duplex is a smart investment choice for both new and seasoned investors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lorain
    County
    Lorain
    State
    Ohio
    Longitude
    -82.188801
    Latitude
    41.452078

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    FAQs

    What type of property is this?
    Duplex - Tenant-occupied Lorain duplex, ideal for rental portfolio expansion.
    Where is this duplex located?
    The property is located at 1402-1404 W 20Th St Lorain, OH.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: - Consistent cash flow from tenant-occupied duplex.; - Excellent opportunity to expand or start a rental portfolio.; - Each unit features 3 bedrooms and 1 full bathroom.
    (216) 400-5224
    Request Owner's contact information
    1402-1404 W 20Th St 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
    1402-1404 W 20Th St Lorain, OH 44052
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