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Off market
  • $292,000

    1022 W Erie Ave, Lorain, OH 44052

    10beds
    4,716sqft
    Four
    Built in 1900
    -- sqft lot
    $292,000 Zestimate®
    $62/sqft
    $889 Estimated rent

    Home value

    $292,000

    $242,000 - $347,000

    $889/mo

    Zestimate® history
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    Owner options

    List your home for rent

    $889/mo

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    $889/mo

    Rent Zestimate®

    Refinance and save

    $1,898/mo

    Est. payment

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    $1,898/mo

    Est. payment

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    What's special

    How would you like a rental property that can generate nearly $2700 in monthly rent? If so, then this is the investment opportunity for you. All tenants want to stay (owner will be leaving). This group of properties is located on two parcels. Total of 4 buildings. 1st building offers two 1 bedroom apartments with living room, dining room and kitchen in both units. The 2nd building offers two 3 bedroom units (both units have 2 baths). The 3rd building is an efficiency apartment with 1 bedroom, attached storage and garage. The 4th building is a large storage with a garage door. Walking distance to schools, parks and live entertainment in the summertime. A wonderful opportunity!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 7
    • Full bathrooms: 7
    Heating
    • Forced air, Gas
    Cooling
    • None
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Has fireplace: No
    Interior area
    • Total interior livable area: 4,716 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached, Garage - Detached
    Features
    • Exterior features: Vinyl, Brick
    Lot
    • Size: 0.28 Acres
    Details
    • Parcel number: 0201006105022

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Four
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1900

    Community & HOA

    Location
    • Region: Lorain

    Financial & listing details

    • Price per square foot: $62/sqft
    • Tax assessed value: $93,430
    • Annual tax amount: $1,382

    Price history

    DateEventPrice
    9/9/2019Sold$130,000-13.3%$28/sqft
    Source: MLS Now #4071050 Report a problem
    11/7/2018Pending sale$149,900$32/sqft
    Source: Keller Williams Greater Cleveland West #4040766 Report a problem
    10/8/2018Price change$149,900-6.1%$32/sqft
    Source: Keller Williams Greater Cleveland West #4040766 Report a problem
    9/27/2018Listed for sale$159,700$34/sqft
    Source: Keller Williams Grt Cleve West #4040766 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,382 +43%$32,700 +78.8%
    2023$966 +0.9%$18,290
    2022$958 +0%$18,290
    2021$958 -1.7%$18,290 +13.2%
    2020$974 +0.6%$16,160
    2019$969 $16,160
    Find assessor info on the county website

    Neighborhood: 44052

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Lorain CSD

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $292,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $292,000