Search
Occupied Duplex
For Sale
$158,750

1347 Washington Avenue, Lorain, OH 44052

Both residences are occupied, with tenant-paid electric and gas and owner-paid water, sewer, and trash.

Property SizeContact for details
Days on Market188

Property Features for 1347 Washington Avenue

General Information

Standard status Active
Property subtype Duplex

Additional Details

Multifamily Units 19

Taxes and HOA fees

Annual Taxes $1,012

Building Details

Year Built 1900
Listing Agency: Russell Real Estate Services
Listed By: Tal Tamir · License #2018001908
Source: Lifestagesrealty
Added: Apr 29 Changed: Oct 30 Last Checked: Oct 30 at 1:49AM

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

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1900-built duplex has two occupied residences. One tenancy is month-to-month, while the other is under lease through 5/31/26. Tenants pay electric and gas; the owner covers water, sewer, and trash.

The property is available only within a 19-unit portfolio and is not being offered separately.

Key Highlights

  • Two occupied residential units
  • Offered only as part of a 19‑unit portfolio; no individual sale
  • One tenancy is month‑to‑month; the other lease runs through 5/31/26

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

359
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

Frequently Asked Questions

What type of property is this?
Duplex - Both residences are occupied, with tenant-paid electric and gas and owner-paid water, sewer, and trash.
Where is this duplex located?
The property is located at 1347 Washington Avenue Lorain, OH.
What is the asking price?
The asking price for this property is $158,750.
What are key features of this property?
This property features: Two occupied residential units; Offered only as part of a 19‑unit portfolio; no individual sale; One tenancy is month‑to‑month; the other lease runs through 5/31/26
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved