$158,750
About this home
Performing rental property with consistent returns at 1339 Washington Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This fully occupied duplex produces strong, consistent cash flow with rents of $1,100 and $1,250 per month, both secured through leases expiring 3/31/27, providing long-term income stability. Tenants are responsible for all utilities, helping to minimize owner expenses and maximize returns. The property offers a functional layout with solid rental demand in the area, making it a dependable addition to a larger portfolio. Ideal for investors seeking stable, predictable income, this asset contributes to a well-performing, income-producing portfolio. Multiple properties must be purchased. Singular properties will not be considered. Reach out to co-listing agent for details.
Property details
- MLS #
- 5205310
- Property type
- Duplex
- Subdivision
- Chamberlain
- Status
- Active
- Days on market
- 107
- On market date
- April 29, 2026
- Stories
- 2
- Garage spaces
- N/A
- Lot size
- 0.09 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 244
- Student:teacher ratio
- 13.6:1
- District
- Lorain City
- Enrollment
- 453
- Student:teacher ratio
- 17.4:1
- District
- Lorain City
- Enrollment
- 103
- Student:teacher ratio
- 20.6:1
- 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.