Active

$159,900

1101 W 5th St, Lorain, OH 44052

4beds

2,066sqft

$1,230/mo

Get pre-qualified

Duplex, Multi Family

Built in 1950

-- sqft lot

$-- Zestimate^®

$77/sqft

$-- HOA

What's special

Nice-sized corner lotPrivate driveway for parking

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!

2 days
276
43

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air, Gas

Cooling

Ceiling Fan(s), Window Unit(s)

Appliances

Laundry: Inside, In Basement, Lower Level

Features

Ceiling Fan(s), Eat-in Kitchen
Windows: Insulated Windows
Basement: Full,Interior Entry,Storage Space,Unfinished

Interior area

Total structure area: 2,066
Total interior livable area: 2,066 sqft
Finished area above ground: 2,066
Finished area below ground: 0

Video & virtual tour

View virtual tour

Property

Parking

Parking features: Driveway

Features

Levels: Two
Stories: 2
Exterior features: None
Pool features: None
Fencing: None
Has view: Yes
View description: City

Lot

Size: 5,662 Square Feet
Features: Flat, Level

Details

Parcel number: 0201006111033
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex, Multi Family

Materials

Block, Concrete
Roof: Asphalt,Fiberglass

Condition

Updated/Remodeled
Year built: 1950

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: None
Subdivision: Downtown Lorain

Location

Region: Lorain

Financial & listing details

Price per square foot: $77/sqft
Annual tax amount: $1,440
Date on market: 10/2/2026
Listing terms: Cash,Conventional,FHA,VA Loan
Tenant pays: Cable TV, Electricity, Gas, Internet

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
10/2/2026	Listed for sale	$159,900+166.9%$77/sqft
Source: MLS Now #5249688 Report a problem
12/1/2016	Listing removed	$59,900$29/sqft
Source: Russell Real Estate Services #3807943 Report a problem
6/27/2016	Listed for sale	$59,900$29/sqft
Source: Russell Real Estate Services #3807943 Report a problem
5/25/2016	Pending sale	$59,900$29/sqft
Source: Russell Real Estate Services #3807943 Report a problem
5/16/2016	Listed for sale	$59,900$29/sqft
Source: Russell Real Estate Services #3807943 Report a problem