Updated Duplex with Separate
For Sale
$158,000
508 W 23rd Street, Lorain, OH 44052
Two residential units include updated kitchens, in-unit laundry areas, private outdoor spaces, and included appliances.
Property SizeContact for details
Days on Market168
Property Features for 508 W 23rd Street
General Information
Standard status
Active
Property subtype
Duplex
Occupancy
100%
Additional Details
Furnished
No
Gross Income
$21,000
Multifamily Units
2
Amenities
private balcony
covered porches
in-unit laundry
storage shed
Forced Air
Dryer
Range
Refrigerator
Washer
Asphalt, Fiberglass, Shingle
Building Details
Year Built
1900
Tenancy
Multi
Listing Agency:
Keller Williams Citywide
Listed By:
Angie Lopez · License #OH
(216) 855-4477
Source:
Kw
Added: Mar 29
Changed: Sep 11
Last Checked: Sep 11 at 2:24PM
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 Keller Williams Citywide
Investment Insights
Based on property information with market context.
This two-unit residential property at 508 W 23rd Street in Lorain, Ohio, combines refreshed interiors with practical unit-level features. Each apartment has its own furnace, in-unit laundry area, kitchen, and bathroom. Appliances—including ranges, refrigerators, washers, and dryers—remain with the property. Interior improvements include newer flooring, kitchens, bathrooms, and fresh paint in portions of the units.
Exterior and mechanical updates include vinyl siding, vinyl windows, a newer roof, two hot water tanks installed in 2020, and a newer furnace. The upper unit provides a private balcony, while the lower unit has covered porches. A backyard and storage shed add outdoor utility, and the basement contains an unused laundry connection. The property has previously qualified for Section 8.
Exterior and mechanical updates include vinyl siding, vinyl windows, a newer roof, two hot water tanks installed in 2020, and a newer furnace. The upper unit provides a private balcony, while the lower unit has covered porches. A backyard and storage shed add outdoor utility, and the basement contains an unused laundry connection. The property has previously qualified for Section 8.
Key Highlights
- Two‑unit residential property at 508 W 23rd Street, Lorain, OH 44052
- Separate furnace serving each unit; two hot water tanks installed in 2020
- Ranges, refrigerators, washers, and dryers remain with the property
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
322
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
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units include updated kitchens, in-unit laundry areas, private outdoor spaces, and included appliances.
Where is this duplex located?
The property is located at 508 W 23rd Street Lorain, OH.
What is the asking price?
The asking price for this property is $158,000.
What are key features of this property?
This property features: Two‑unit residential property at 508 W 23rd Street, Lorain, OH 44052; Separate furnace serving each unit; two hot water tanks installed in 2020; Ranges, refrigerators, washers, and dryers remain with the property
