Two-story residence featuring yellow siding, white window trim, and a covered front porch with white columns - 827 W 21st Street, Lorain
1 photo

$99,750

827 W 21st Street
Lorain, OH 44052
Listed by Tal Tamir · Russell Real Estate Services
Bedrooms
4
Bathrooms
1.5
Living area
N/A
Year built
1900

About this home

Stabilized, income-producing asset at 827 W 21st St in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This occupied property generates $1,450 per month with a lease in place through 2/1/27, providing strong, predictable cash flow. The tenant is responsible for all utilities, helping to minimize operating expenses and enhance overall returns. The home features a functional layout with consistent rental demand in the area, supporting long-term occupancy. A dependable 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 #
5205433
Property type
SingleFamilyResidence
Subdivision
Stang
Status
Active
Days on market
103
On market date
April 29, 2026
Stories
2
Total bathrooms
1.5
Garage spaces
1
Parking spaces
N/A
Lot size
0.18 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Hawthorne Elementary School
0.17 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
New Beginnings
0.79 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
103
Student:teacher ratio
20.6:1
District
Lorain City

Walkability

Blended score for Lorain's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

33
Car-dependent
out of 100
EPA National Walkability Index
6.5 / 20 -- Below average walkable

Market position

How this listing compares to current activity in Lorain, from live MLS data.

On the market 103 days -- 48 more days than Lorain's current average of 55 days.
For reference, the median list price across 168 active listings in Lorain right now is $147,450.

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 August 14, 2026.

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.