$128,750
About this home
Partially leased property offering strong income growth potential at 1036 Oberlin Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This duplex-style property features one occupied unit generating $1,125 month-to-month, while the second unit is currently vacant, providing immediate upside through lease-up. Utilities are structured with the tenant paying electric and the owner responsible for water, sewer, and trash. The property offers a functional layout with solid rental demand in the area, making it well-suited for continued income production. Ideal for investors seeking to expand their portfolio with a value-add component, this asset contributes to a larger package with built-in cash flow and long-term growth potential. Multiple properties must be purchased. Singular properties will not be considered. Reach out to co-listing agent for details.
Property details
- MLS #
- 5205320
- Property type
- Duplex
- Subdivision
- Waterbury Sub #6/Part/Original
- Status
- Active
- Days on market
- 107
- On market date
- April 29, 2026
- Stories
- N/A
- Garage spaces
- 1
- Lot size
- 0.12 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 250
- Student:teacher ratio
- 14.7:1
- District
- Lorain City
- Enrollment
- 112
- Student:teacher ratio
- 28.0:1
- District
- Constellation Schools: Lorain Community Middle
- Enrollment
- 1,796
- Student:teacher ratio
- 18.3:1
- District
- Lorain City
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 6 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.