Side-by-Side
2320 Lexington Avenue, Lorain, OH 44052
For Sale
New
$139,900
ResidentialIncome, Lorain, OH
Property Size2,400 SF
Lot Size0.17 Acres
Price / SF$58.29
Days on Market2
Property Features for 2320 Lexington Avenue
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Fencing
Subdivision
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Individually Metered Utilities
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Water source
Amenities
basement laundry hookups
Building Details
Year built
Floors in Building
Building materials
Roof type
Listing Agency:
Russell Real Estate Services
(440) 282-4444
Listed By:
Leah Whited · License OH #2019003865
(440) 387-8918
Added: Nov 12
Changed: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 5259472
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Investment Insights
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This 2,400-square-foot duplex on a 0.17-acre lot contains two matching units, each with three bedrooms, one bathroom, and a partial unfinished basement. Laundry hookups are located in each basement, and gas and electric service are separately metered. The roof was replaced in 2016, and some windows have been updated. A gravel driveway serves each side of the property.
One unit is occupied under a month-to-month lease, with an eight-year tenancy; its furnace was installed in 2026 and its water heater is approximately 10 years old. The other unit is vacant and requires updates, including a water heater; its furnace dates to 1990. The property is offered as-is. Public water and public sewer serve the building.
One unit is occupied under a month-to-month lease, with an eight-year tenancy; its furnace was installed in 2026 and its water heater is approximately 10 years old. The other unit is vacant and requires updates, including a water heater; its furnace dates to 1990. The property is offered as-is. Public water and public sewer serve the building.
Key Highlights
- Two 3‑bedroom, 1‑bath units in a side‑by‑side configuration
- 2,400 square feet on a 0.17‑acre lot
- Separate gas and electric meters; basement laundry hookups in both units
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
313
Businesses Nearby
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Business Placement
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
$104,000
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Lorain, OH
Properties on Market for Duplexes in Lorain
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom units offer separate gas and electric meters and individual basement laundry hookups.
Where is this duplex located?
The property is located at 2320 Lexington Avenue Lorain, OH.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: Two 3‑bedroom, 1‑bath units in a side‑by‑side configuration; 2,400 square feet on a 0.17‑acre lot; Separate gas and electric meters; basement laundry hookups in both units
