Occupied Duplex with Basement
For Sale
$169,000
2514 Reid Avenue, Lorain, OH 44052
Duplex features two occupied units, each with living and dining areas and full kitchens, plus a full basement and fenced backyard.
Property Size1,952 SF
Price / SF$86.58
Days on Market35
Property Features for 2514 Reid Avenue
General Information
Standard status
Active
Size
1,952 SF
Property subtype
Residential Income
Occupancy
100%
Additional Details
Business Included
No
Fenced Yard
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,963
Amenities
Other
Ceiling Fan(s)
Natural Gas, Forced Air
Unfinished
Chain Link
Driveway
Private Yard
Building Details
Year Built
1900
Buildings
1
Stories
2
Listing Agency:
Russell Real Estate Services - North Ridgeville
(440) 320-9888
Listed By:
Steven Lawson · License #2020000096
(440) 320-9888
Source:
Evrealestate
Added: Jul 27
Changed: Aug 23
Last Checked: Aug 29 at 8:27AM
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 - North Ridgeville
Investment Insights
Based on property information with market context.
This duplex at 2514 Reid Avenue in Lorain, OH offers two separate, occupied units. The lower unit includes three bedrooms and one full bath with a living room, dining room, and full kitchen. The upper unit offers two bedrooms and one full bath, along with a living room, dining room, and full kitchen.
A full, dry basement provides two separate laundry areas and ample storage space for tenants. The property also includes separate gas and electric meters, with the owner currently paying water, sewer, and trash. Outside, there is a fenced backyard.
Showings are allowed after an accepted offer, and tenants should not be disturbed.
A full, dry basement provides two separate laundry areas and ample storage space for tenants. The property also includes separate gas and electric meters, with the owner currently paying water, sewer, and trash. Outside, there is a fenced backyard.
Showings are allowed after an accepted offer, and tenants should not be disturbed.
Key Highlights
- 1900‑built duplex with nearly 2,000 sq ft total living space
- Both units currently occupied and generating just under $2,000/month in gross income
- Lower unit: 3 bed, 1 full bath with living room, dining room, and full kitchen
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
308
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex features two occupied units, each with living and dining areas and full kitchens, plus a full basement and fenced backyard.
Where is this duplex located?
The property is located at 2514 Reid Avenue Lorain, OH.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: 1900‑built duplex with nearly 2,000 sq ft total living space; Both units currently occupied and generating just under $2,000/month in gross income; Lower unit: 3 bed, 1 full bath with living room, dining room, and full kitchen
