Light blue siding exterior with a brown shingle roof
1 photo

$99,750

627 W 24th Street
Lorain, OH 44052
Listed by Tal Tamir · Russell Real Estate Services
Bedrooms
3
Bathrooms
1
Living area
N/A
Year built
1900

About this home

Stabilized rental with secured income at 627 W 24th St in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This occupied property generates $1,160 per month with a one-year lease in place through 6/12/26, providing dependable cash flow. The tenant is responsible for all utilities, helping to minimize operating expenses and support strong returns. The home features a functional layout with consistent rental appeal and is located in an area with steady demand. A reliable addition to a larger portfolio, this asset contributes stable income within a diversified, income-producing package. Multiple properties must be purchased.  Singular properties will not be considered.  Reach out to co-listing agent for details.

Property details

MLS #
5205338
Property type
SingleFamilyResidence
Subdivision
William A Braman Trustees 02
Status
Active
Days on market
103
On market date
April 29, 2026
Stories
1
Garage spaces
1
Lot size
0.18 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Hawthorne Elementary School
0.35 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
244
Student:teacher ratio
13.6:1
District
Lorain City
Middle
General Johnnie Wilson Middle School
0.37 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
453
Student:teacher ratio
17.4:1
District
Lorain City
High
Lorain High School
0.89 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,796
Student:teacher ratio
18.3:1
District
Lorain City

Mortgage calculator

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Est. monthly payment
$751/mo
$19,950 down
$79,800 loan
Principal & interest$518
Property tax (est.)$83
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 7 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.