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Duplex Rental Property

1036 Oberlin Avenue, Lorain, OH 44052

For Sale
$128,750

One residence is occupied under a month-to-month arrangement; the other is vacant.

Property SizeContact for details
Days on Market194

Property Features for 1036 Oberlin Avenue

General Information

Standard status Active
Property subtype Duplex

Additional Details

Multifamily Units 19

Taxes and HOA fees

Annual Taxes $1,437

Building Details

Year Built 1920
Listing Agency: Russell Real Estate Services
Listed By: Tal Tamir · License #2018001908
Source: Lifestagesrealty
Added: Apr 29 Changed: Nov 7 Last Checked: Nov 7 at 7:24PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Russell Real Estate Services

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Investment Insights

Based on property information with market context.

This duplex was built in 1920 and has two separate residences. One is occupied under a month-to-month tenancy, while the other is vacant. The occupant pays for electric service; water, sewer, and trash are the owner's responsibility.

The property is available only as part of a 19-unit portfolio, with no individual sale considered.

Key Highlights

  • Built in 1920
  • One residence occupied month‑to‑month; the other is vacant
  • Electric service is paid by the occupant

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

19
Residential units

Location Intelligence

Trade Area within ½ mile

352
Businesses Nearby

Demographics for 44052, OH

29,249
Population
13,673
Households
2.1
Avg Household Size
37
Median Age
12%
College-Educated
83%
High-School Grad
9.5 sq mi
ZIP Area
3,079
Density / Sq Mi
$42,298
Median Household Income
$31,985
Median Earnings
$840
Median Rent
$104,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Lorain, OH

$94.44 Jul
$79.53 Aug
$77.41 Sep
$88.23 Oct

Properties on Market for Duplexes in Lorain

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - One residence is occupied under a month-to-month arrangement; the other is vacant.
Where is this duplex located?
The property is located at 1036 Oberlin Avenue Lorain, OH.
What is the asking price?
The asking price for this property is $128,750.
What are key features of this property?
This property features: Built in 1920; One residence occupied month‑to‑month; the other is vacant; Electric service is paid by the occupant
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