INNOVATE Real Estate
White siding exterior with multiple windows, a central front porch, and a concrete walkway - 1101 W 5th Street, Lorain
White siding exterior, multiple window units, mature trees, and a concrete sidewalk - 1101 W 5th Street, Lorain
Two-story exterior with white siding, covered front entry, and mature trees - 1101 W 5th Street, Lorain
White exterior siding, dark roof, front entry porch, multiple window units, and a green lawn - 1101 W 5th Street, Lorain
White exterior siding, dark roof, front entry porch, multiple window units, and a green lawn - 1101 W 5th Street, Lorain
Paved driveway, mature tree, sidewalk access, shingle roofing, and a front yard - 1101 W 5th Street, Lorain
Aerial perspective showcasing the residential neighborhood - 1101 W 5th Street, Lorain
Aerial perspective showcasing a residential area with varied architecture, established trees, and proximity to a body of water with a marina - 1101 W 5th Street, Lorain
Hardwood flooring, painted walls, and a staircase with a black metal railing - 1101 W 5th Street, Lorain
Hardwood-style flooring throughout, white painted walls, and a stairway with dark metal balusters - 1101 W 5th Street, Lorain
Hardwood flooring, light wall tones, and a staircase with wrought iron balusters - 1101 W 5th Street, Lorain
Hardwood-finish flooring, white walls, and a staircase with a black metal railing - 1101 W 5th Street, Lorain
Kitchen featuring wood-finish flooring, dark wood cabinetry, and a double basin sink - 1101 W 5th Street, Lorain
Wood-finish flooring, dark wood cabinetry, black appliances, and a window with blinds - 1101 W 5th Street, Lorain
Kitchen area featuring wood-finish flooring, dark wood-tone cabinetry, and a black refrigerator and range - 1101 W 5th Street, Lorain
Additional content - 1101 W 5th Street, Lorain
Hardwood flooring with a natural finish, white painted walls, and a staircase featuring a wrought iron railing - 1101 W 5th Street, Lorain
White vanity with integrated sink, chrome faucet, wood-finish flooring, and wall-mounted shelving - 1101 W 5th Street, Lorain
Hardwood flooring throughout, white walls, and a window with blinds - 1101 W 5th Street, Lorain
Hardwood flooring, painted white walls, recessed lighting, and wood doors with trim - 1101 W 5th Street, Lorain
Wood-finish flooring with white walls and a sloped ceiling - 1101 W 5th Street, Lorain
Wood-finish flooring with white walls and trim - 1101 W 5th Street, Lorain
Hardwood-finish flooring, two windows with blinds, and white painted walls - 1101 W 5th Street, Lorain
Wood-finish flooring with baseboard trim - 1101 W 5th Street, Lorain
Additional content - 1101 W 5th Street, Lorain
Wood-finish flooring, exposed ceiling joists, white painted block walls, and electrical panel - 1101 W 5th Street, Lorain
Hardwood staircase with wrought iron railing, white walls, and an arched doorway - 1101 W 5th Street, Lorain
Wood-finish flooring throughout, bright white walls, and a staircase featuring wood treads and black metal balusters - 1101 W 5th Street, Lorain
Hardwood flooring throughout, with a staircase featuring dark wood treads and a wrought-iron railing - 1101 W 5th Street, Lorain
Wood-finish flooring - 1101 W 5th Street, Lorain
Wood-finish flooring, white upper cabinetry, gray lower cabinetry, white subway tile backsplash, and a double-bowl stainless steel sink - 1101 W 5th Street, Lorain
Wood-finish flooring throughout - 1101 W 5th Street, Lorain
Wood-finish flooring, light gray lower cabinetry, white upper cabinetry, white tile backsplash, and stainless steel appliances - 1101 W 5th Street, Lorain
Bathroom featuring a wall-mounted sink, toilet, and shower with a shower curtain - 1101 W 5th Street, Lorain
Additional content - 1101 W 5th Street, Lorain
Additional content - 1101 W 5th Street, Lorain
Duplex at 1101 W 5th Street, Lorain, photo 37 of 37
37 photos

$159,900

1101 W 5th Street
Lorain, OH 44052
Listed by Steven Lawson · Russell Real Estate Services
Bedrooms
4
Bathrooms
2
Living area
2,066 sqft
Year built
1950

About this home

Great investment opportunity in Lorain! This turnkey side-by-side 2-story duplex offers over 2,000 square feet of living space, with each unit featuring 2 bedrooms and 1 full bath. Each side has its own separate gas and electric meter, furnace, water heater, basement, and private driveway for parking, while the owner pays the water and trash. Situated on a nice-sized corner lot, this property offers a low-maintenance setup that makes it easy to keep existing tenants or begin building your investment portfolio. Located within walking distance of Lakeview Park, Lakeview Beach, and Admiral King Elementary, the location adds even more appeal for tenants. Whether you're an experienced investor or a buyer looking to live in one unit while generating rental income from the other, this property offers plenty of opportunity and flexibility!

Highlights

View

Property details

MLS
NOWDD
MLS #
5249688
Property type
Duplex
Subdivision
Downtown Lorain
Status
Active
Days on market
5
On market date
October 2, 2026
Stories
2
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.13 acres

Location

Get directions →
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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.

ElementaryCharter
Constellation Schools: Lorain Community Elementary
0.13 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
151
Student:teacher ratio
25.2:1
District
Constellation Schools: Lorain Community Elementary
MiddleCharter
Constellation Schools: Lorain Community Middle
0.13 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
112
Student:teacher ratio
28.0:1
District
Constellation Schools: Lorain Community Middle
HighCharter
Summit Academy School - Lorain
1.12 mi away · Grades 6-12
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
87
Student:teacher ratio
12.4:1
District
Summit Academy School - Lorain

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). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

54
Somewhat walkable
out of 100
EPA National Walkability Index
6.0 / 20 -- Below average walkable
Google Places amenity density
90 / 100
Restaurants & cafes20
Grocery stores4
Parks11
Schools10
Transit stops20
Pharmacies0

Market position

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

On the market 5 days -- 60 fewer days than Lorain's current average of 65 days.
For reference, the median list price across 254 active listings in Lorain right now is $158,375.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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/mo
Est. monthly payment
$1,113/mo
$31,980 down
$127,920 loan
Principal & interest$830
Property tax (est.)$133
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 4 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.