$109,500

1813 Lexington Avenue, Lorain, OH 44052

  • 7 beds |
  • 2 baths |
  • 3,225 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon7,492sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $34/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

Unique 2-family investment opportunity offering exceptional income potential/Also perfect for owner occupied use! Spacious vinyl-sided duplex features a total of 7 bedrooms/2 full baths w/flexible layout consisting of 3-bedroom, 1-bath main floor unit plus 4-bedroom, 1-bath second-floor unit. Situated on quiet street w/2 separate driveways, partially fenced yard & separate entrances for each unit, includes welcoming porch for one of the units. Property will be delivered vacant at closing, making it ideal for owner occupancy or for investors looking to maximize rental income. Second-floor unit complete & owner-occupied, while main-floor unit requires some finishing work, allowing the new owner to add value/build equity. Laundry has been conveniently added to each floor. Property appears to feature 2 furnaces, separate gas service & 2 updated electrical boxes, w/one hot water tank currently servicing the property. Affordably priced to allow for completion of remaining improvements while creating strong cash flow potential. High bedroom count makes this a desirable rental opportunity with excellent income possibilities for traditional or Section 8 tenants. Perfect addition to a growing portfolio or ideal for an owner-occupant looking to offset living expenses with rental income. Being sold as-is. Cash, hard money or DSCR financing only. Investment-friendly city with strong rental demand and excellent

Listing Status:
Active
Data Last Updated:
May 20, 2026 at 1:17PM
Listing Office:
Coldwell Banker Schmidt Realty : 440-327-2123
Listing Agent:
Christopher A Frederick : 216-210-7653
MLS ID:
5210547
  • Laundry: Main LevelUpper Level
  • Basement: FullUnfinished
  • A/C: None
  • Heating: Forced AirGas
  • Parking: No GaragePaved
  • Roofing: AsphaltFiberglass
  • General: Vinyl Siding2
  • Originating MLS: NOWDD_NORM
  • School District: Lorain CSD - 4709
  • County: Lorain
  • Zoning: 02-01-003-154-005
  • Fencing: FencedPartial
  • Water: Public
  • Sewer: Public Sewer
  • Source: NOWDD_NORM

This listing courtesy of Christopher A Frederick , Coldwell Banker Schmidt Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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