$158,750
About this home
Established rental property with ongoing income at 1347 Washington Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. Both units are currently occupied, with one renting for $1,199 on a month-to-month lease and the second generating $1,100 with a lease in place through 5/31/26, providing immediate cash flow. Utilities are structured with tenants responsible for electric and gas, while the owner covers water, sewer, and trash. The property features a functional layout with consistent rental demand in the area, supporting strong occupancy. A solid addition to a larger portfolio, this asset contributes reliable income within a diversified, income-producing package.
Property details
- MLS #
- 5205321
- Property type
- Duplex
- Subdivision
- Chamberlain
- Status
- Active
- Days on market
- 103
- 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.