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Renovated Duplex
For Sale
$175,000

1926 Hancock St, Lorain, OH 44052

Two-unit residential property with one renovated vacancy and one occupied unit, offering flexible ownership options.

Property SizeContact for details
Days on Market18

Property Features for 1926 Hancock St

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1.5BA
Multifamily Units 2

Building Details

Year Built 1979
Listing Agency: Civitas Real Estate Group
Listed By: Owen J Kruger · License #2023004966
Source: Theacclaimedrealty
Added: Sep 19 Changed: Sep 27 Last Checked: Oct 4 at 11:29AM

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 Civitas Real Estate Group

Investment Insights

Based on property information with market context.

This duplex, built in 1979, contains two residential units with matching layouts of two bedrooms and 1.5 bathrooms. One apartment is occupied, while the other is vacant following a recent renovation and can be shown. The combination supports either continued rental use or an owner-occupant arrangement, as stated in the property information.

The property is located on Hancock St in Lorain, near local amenities, shopping, and major roadways. Its unit configuration provides an established two-unit residential asset with separate occupancy status across the apartments.

Key Highlights

  • Two‑unit duplex with matching 2‑bedroom, 1.5‑bath layouts
  • One unit is tenant occupied
  • Second unit is vacant after a recent renovation

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply

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

Location Intelligence

Trade Area within ½ mile

198
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 - Two-unit residential property with one renovated vacancy and one occupied unit, offering flexible ownership options.
Where is this duplex located?
The property is located at 1926 Hancock St Lorain, OH.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Two‑unit duplex with matching 2‑bedroom, 1.5‑bath layouts; One unit is tenant occupied; Second unit is vacant after a recent renovation
More about this property
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