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  • $230,000

    1150 W 5th St, Lorain, OH 44052

    12beds
    3,900sqft
    Quadruplex, Multi Family
    Built in 1900
    -- sqft lot
    $235,600 Zestimate®
    $59/sqft
    $998 Estimated rent

    Home value

    $235,600

    $212,000 - $262,000

    $998/mo

    Zestimate® history
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    $1,587/mo

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    $1,587/mo

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    What's special

    Three bedroomsOne bathroomSpacious layoutsOn-site parkingPrivate basement
    1150 West 5th Street in Lorain is a solid investment opportunity for anyone looking to add value and grow their rental portfolio. This four-unit property features spacious layouts, with each unit offering three bedrooms and one bathroom at just under 1,000 square feet. While it is a fixer-upper in need of renovation, it provides the ideal blank slate to customize and increase future rental income. Each unit includes a private basement for tenant storage and convenient on-site parking. The location is a major highlight, with close proximity to downtown Lorain, Black River Landing for concerts and events, and less than half a mile from beautiful Lake Erie. With strong potential in an area poised for continued growth, 1150 West 5th Street is ready for an investor with vision to make it shine.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeffrey McManamon 440-227-6739 jeff@hotdoors.com,

    Hotdoors, LLC,

    Christopher Leo 216-299-0459,

    Hotdoors, LLC

    Bought with:

    Drew Dickson, 2021003011

    RE/MAX Revealty

    Source: MLS Now,MLS#: 5138207MLS LogoOriginating MLS: Medina County Board of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Gas
    Cooling
    • None
    Features
    • Basement: Unfinished
    Interior area
    • Total structure area: 3,900
    • Total interior livable area: 3,900 sqft
    • Finished area above ground: 3,900

    Property

    Parking
    • Parking features: On Site
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 6,969 Square Feet
    Details
    • Parcel number: 0201006109019
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Brick
    • Roof: Asphalt
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Charleston
    Location
    • Region: Lorain

    Financial & listing details

    • Price per square foot: $59/sqft
    • Annual tax amount: $3,525
    • Date on market: 12/17/2025
    • Cumulative days on market: 56 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    12/15/2025Sold$230,000-8%$59/sqft
    Source: MLS Now #5138207 Report a problem
    9/3/2025Pending sale$249,900$64/sqft
    Source: MLS Now #5138207 Report a problem
    8/27/2025Price change$249,900-16.4%$64/sqft
    Source: MLS Now #5138207 Report a problem
    8/7/2025Price change$299,000-10.7%$77/sqft
    Source: MLS Now #5138207 Report a problem
    7/9/2025Listed for sale$335,000$86/sqft
    Source: MLS Now #5138207 Report a problem
    4/28/2023Listing removed--
    Source: Zillow Rentals Report a problem
    3/22/2023Listed for rent$1,295+61.9%
    Source: Zillow Rentals Report a problem
    1/17/2023Listing removed--
    Source: Zillow Rentals Report a problem
    1/5/2023Listed for rent$800+18.5%
    Source: Zillow Rentals Report a problem
    12/17/2015Listing removed$675
    Source: Go Section8 Report a problem
    11/5/2015Listed for rent$675+12.5%
    Source: Go Section8 Report a problem
    4/26/2014Listing removed$600
    Source: Go Section8 Report a problem
    3/27/2014Listed for rent$600
    Source: Go Section8 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 44052

    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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    Estimated market value
    $235,600
    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
    $235,600