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Two-Unit Duplex with Separate Utilities
For Sale
$159,900
Pending

1101 W 5th St, Lorain, OH 44052

Each residence has its own basement, furnace, water heater, gas meter, electric meter, and private driveway.

Property Size2,066 SF
Days on Market10

Property Features for 1101 W 5th St

General Information

Standard status Pending
Size 2,066 SF
Property subtype Residential Income

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $1,440

Building Details

Buildings 1
Stories 2
Listing Agency: Russell Real Estate Services
Listed By: Steven Lawson · License #2020000096
Source: Exprealty
Added: Oct 2 Changed: Oct 7 Last Checked: Oct 9 at 8:10PM

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

Investment Insights

Based on property information with market context.

This side-by-side, two-story duplex contains 2,066 square feet, with two bedrooms and one full bathroom in each unit. The residences have separate gas and electric meters, furnaces, water heaters, basements, and private driveways. The owner pays for water and trash service, and the building sits on a corner lot.

Lakeview Park, Lakeview Beach, and Admiral King Elementary are within walking distance. The property is located at 1101 W 5th St in Lorain, Ohio.

Key Highlights

  • Two side‑by‑side units, each with 2 bedrooms and 1 full bath
  • 2,066 square feet across a two‑story duplex
  • Separate gas and electric meters, furnace, water heater, and basement for each unit

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Pharmacy Electrical Service Skin Care Clinic Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

507
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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Each residence has its own basement, furnace, water heater, gas meter, electric meter, and private driveway.
Where is this duplex located?
The property is located at 1101 W 5th St Lorain, OH.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: Two side‑by‑side units, each with 2 bedrooms and 1 full bath; 2,066 square feet across a two‑story duplex; Separate gas and electric meters, furnace, water heater, and basement for each unit
More about this property
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