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  • Price cut: $29K (5/28)
    $135,000

    1036 Oberlin Ave, Lorain, OH 44052

    4beds
    --sqft
    : 
    $983/mo
    Get pre-qualified
    Duplex, Multi Family
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Functional layout
    Partially leased property offering strong income growth potential at 1036 Oberlin Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This duplex-style property features one occupied unit generating $1,125 month-to-month, while the second unit is currently vacant, providing immediate upside through lease-up. Utilities are structured with the tenant paying electric and the owner responsible for water, sewer, and trash. The property offers a functional layout with solid rental demand in the area, making it well-suited for continued income production. Ideal for investors seeking to expand their portfolio with a value-add component, this asset contributes to a larger package with built-in cash flow and long-term growth potential. Multiple properties must be purchased.  Singular properties will not be considered.  Reach out to co-listing agent for details.
    94 days
    |
    230
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tal Tamir 216-870-8687 tal@premierclevelandinvesting.com,

    Russell Real Estate Services,

    Benjamin Peleg 303-709-1063,

    Russell Real Estate Services

    Source: MLS Now,MLS#: 5205320MLS LogoOriginating MLS: Akron Cleveland Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Other
      Cooling
      • Other
      Features
      • Basement: Other

      Property

      Parking
      • Total spaces: 1
      • Parking features: Detached, Garage
      • Garage spaces: 1
      Features
      • Levels: One and One Half
      Lot
      • Size: 5,227 Square Feet
      Details
      • Parcel number: 0202026118026
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex, Multi Family
      Materials
      • Vinyl Siding
      • Roof: Other
      Condition
      • Year built: 1920

      Utilities & green energy

      • Sewer: Other
      • Water: Other

      Community & HOA

      Community
      • Subdivision: Waterbury Sub #6/Part/Original
      Location
      • Region: Lorain

      Financial & listing details

      • Tax assessed value: $102,260
      • Annual tax amount: $1,437
      • Date on market: 4/29/2026
      • Cumulative days on market: 95 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/28/2026Price change$135,000-17.7%
        Source: MLS Now #5205320 Report a problem
        4/29/2026Listed for sale$164,000+320.5%
        Source: MLS Now #5205320 Report a problem
        12/27/2021Sold$39,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,512 +31.6%$35,790 +64.6%
        2023$1,149 +0.9%$21,750
        2022$1,139 +5.4%$21,750 +5.4%
        2021$1,081 -1.8%$20,640 +13.1%
        2020$1,101 +0.6%$18,250
        2019$1,094 -4.8%$18,250
        2018$1,150 -25.5%$18,250 -24.8%
        2017$1,544 +0.8%$24,260
        2016$1,532 +5.8%$24,260
        2015$1,447 +3.1%$24,260 +8%
        2014$1,404 +78.2%$22,460
        2013$788 +3.3%$22,460
        2012$762 $22,460 -66.6%
        2011-- $67,300
        2010-- --
        2009-- --
        2008$796 +0.4%--
        2007$792 -30.9%--
        2006$1,147 -0.4%--
        2005$1,151 +2.8%--
        2004$1,121 +1.5%--
        2003$1,105 +11.6%--
        2002$990 -0.2%--
        2001$992 +23.9%--
        2000$800 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 44052

        Getting around

        51 / 100
        Somewhat Walkable
        51 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Lorain CSD - 4709

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

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