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Two-Unit Duplex With Separate Entrances
For Sale
$94,500

1813 Lexington Ave, Lorain, OH 44052

Distinct floor plans, individual laundry areas, and separate driveways support flexible occupancy.

Property Size3,225 SF
Price / SF$29.30
Days on Market130

Property Features for 1813 Lexington Ave

General Information

Standard status Active
Size 3,225 SF
Property subtype Residential Income

Property Condition

Severity Repairs Needed
Evidence requires some finishing work

Units

Unit Mix 1 x 3BR/1BA, 1 x 4BR/1BA
Multifamily Units 2

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $1,138

Amenities

partially fenced yard
welcoming porch
in-unit laundry

Building Details

Buildings 1
Listing Agency: Coldwell Banker Schmidt Realty
Listed By: Christopher A Frederick · License #426983
Source: Exprealty
Added: May 18 Changed: Sep 5 Last Checked: Sep 22 at 10:07PM

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 Coldwell Banker Schmidt Realty

Investment Insights

Based on property information with market context.

This 3,225-square-foot duplex contains two separate residences with seven bedrooms and two full baths. The first-floor unit is configured with three bedrooms and one bath, while the upper unit offers four bedrooms and one bath. Each level has its own laundry area, and separate entrances provide functional separation between the units. The vinyl-sided property also includes a porch serving one residence and a partially fenced yard.

Two driveways provide dedicated off-street access, and the building appears to have two furnaces, separate gas service, two updated electrical boxes, and one hot water tank serving the property. The upper unit is complete, while the first-floor residence requires finishing work. Delivery is expected vacant at closing, and the property is being sold as-is.

Key Highlights

  • 3,225‑square‑foot duplex with 7 bedrooms and 2 full baths
  • First‑floor 3‑bedroom unit paired with a second‑floor 4‑bedroom unit
  • Separate entrances and 2 driveways serve the residences

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic Spa & Massage Center Accounting Firm Computer & Electronic Repair

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

322
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 - Distinct floor plans, individual laundry areas, and separate driveways support flexible occupancy.
Where is this duplex located?
The property is located at 1813 Lexington Ave Lorain, OH.
What is the asking price?
The asking price for this property is $94,500.
What are key features of this property?
This property features: 3,225‑square‑foot duplex with 7 bedrooms and 2 full baths; First‑floor 3‑bedroom unit paired with a second‑floor 4‑bedroom unit; Separate entrances and 2 driveways serve the residences
More about this property
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