$160,000

407 W 22nd Street, Lorain, OH 44052

4 beds |
2 baths

Duplex
Built in 1900
7,405sqft lot
1 car garage
$——/sqft
Listed 21 days ago

Property Description

Value-add opportunity with immediate lease-up potential at 407 W 22nd St in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This two-unit property features one occupied unit generating $995 per month with a lease in place through 3/31/26, while the second unit is currently vacant, providing upside through stabilization. Utilities are structured with the tenant responsible for electric and the owner covering water, sewer, and trash. The property offers a functional layout with solid rental demand in the area, supporting continued occupancy. A strong addition to a larger portfolio, this asset combines in-place income with near-term growth potential.

Listing Status:: Active
Data Last Updated:: May 20, 2026 at 8:20PM
Listing Office:: Russell Real Estate Services : 440-201-9850
Listing Agent:: Tal Tamir : 216-870-8687
MLS ID:: 5205297

Basement: Other
A/C: Other
Heating: Other

Parking: DetachedGarage

Roofing: Other
General: Other2

Originating MLS: NOWDD_NORM
School District: Lorain CSD - 4709
County: Lorain

Zoning: HOGAN 50 X 15002-01-003-171-014

Water: Other
Sewer: Other

Source: NOWDD_NORM

This listing courtesy of Tal Tamir , Russell Real Estate Services

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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