Lorain Multifamily Investment
1813 Lexington Avenue, Lorain, OH 44052
New
- Added:
- May 18, 2026
- Days on Market:
- 1
- Last Refresh:
- May 18 at 10:06 pm
Property Features for 1813 Lexington Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 2
- Rooms
- Bedroom 6, Bedroom 5, Bedroom 3, Bedroom 2, Bedroom 4, Laundry Room, Bedroom 7, Bathroom 1, Bedroom 1, Bathroom 2, Basement
- Parking features
- Garage
- Fencing
- Fenced
- Standard status
- Active
- APN
- 02-01-003-154-005
- Size
- 3,225 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 1138
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Building materials
- VinylSiding
- Roof type
- Asphalt, Fiberglass
Listing agent Christopher A Frederick License #426983 (216) 210-7653
Listing office Coldwell Banker Schmidt Realty 32648 Center Ridge Road, Strongsville, OH (440) 327-2123
Listing date May 18, 2026
MLS# 5210547
Listing URL
Copyright © 2026 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.
HighLights
- High income potential as a 2‑family duplex with 7 bedrooms total.
- Delivered vacant, offering immediate owner‑occupancy or rental income opportunities.
- Separate entrances and driveways for each unit, enhancing privacy and tenant appeal.
- Flexible layout with a 3‑bedroom and a 4‑bedroom unit.
- Laundry hookups on each floor for tenant convenience.
- Priced to allow for completion of improvements, offering equity‑building potential.
Overview
This two-family property in Lorain, OH, presents an investment opportunity or potential for owner occupancy. The vinyl-sided duplex includes a total of 7 bedrooms and 2 full baths, with a flexible layout featuring a 3-bedroom, 1-bath main floor unit and a 4-bedroom, 1-bath second-floor unit. Situated on a quiet street, the property includes two separate driveways, a partially fenced yard, and separate entrances for each unit, along with a porch for one of the units. The property, with a size of 3225 square feet and a lot size of 0.172 acres, will be delivered vacant at closing. The second-floor unit is complete and was previously owner-occupied, while the main-floor unit requires some finishing work. Laundry has been added to each floor. The property appears to feature two furnaces, separate gas service, and two updated electrical boxes, with one hot water tank currently servicing the property. The high bedroom count makes this a rental opportunity for traditional or Section 8 tenants. It is an addition to a growing portfolio or for an owner-occupant looking to offset living expenses with rental income. The property is being sold as-is.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Lorain
- County
- Lorain
- State
- Ohio
- Longitude
- -82.170193
- Latitude
- 41.453611
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two-unit property in Lorain, Ohio, with income potential.
Where is this duplex located?
The property is located at 1813 Lexington Avenue Lorain, OH.
What is the asking price?
The asking price for this property is $109,500.
What are key features of this property?
This property features: High income potential as a 2‑family duplex with 7 bedrooms total.; Delivered vacant, offering immediate owner‑occupancy or rental income opportunities.; Separate entrances and driveways for each unit, enhancing privacy and tenant appeal.
