Nice opportunity awaits the investor looking to put their mark on this property. Tenant upstairs is MTM with rent at $800 and pays electric and gas. Down unit vacant at present as tenant bought a house. Even flowing floorplan with ample size on first floor. Some updates/rehab needed but mostly cosmetic and some plumbing in bsmt. Good sized backyard with some fencing and rear deck. Dimensional shingled roof, huge 2+ bay garage with lots of storage. Partially finished basement accessible from downstairs unit. Tenant upstairs would like to stay but ready for a first floor unit somewhere....etc. Third floor attic could be further finished for additional living space. Side street location, off street parking with drive. Front porch. Can be a good income generator with some renovation/updates. Seller will not make any repairs regardless of any inspection or appraisal results. Conventional, rehab loan, DSCR, cash preferred. Quicker close. Tenant pays on time. Buyers to perform own due diligence regarding condition, parcel data and property information.
Closed
$93,000
1222 W 5th St, Lorain, OH 44052
4beds
3,378sqft
Duplex, Multi Family
Built in 1900
-- sqft lot
$96,800 Zestimate®
$28/sqft
$1,070 Estimated rent
Home value
$96,800
$86,000 - $109,000
$1,070/mo
Zestimate® history
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List your homeWhat's special
Even flowing floorplanPartially finished basementRear deckFront porchGood sized backyardDimensional shingled roof
Zillow last checked:
Listing updated:
Listed by:
Rebecca L Bauer 440-444-1307rbauer@realtywise.com,
Realtywise, Inc.
Bought with:
Martin Carlysle, 2009004575
Russell Real Estate Services
Source: MLS Now,MLS#: 5110032
Originating MLS: Lorain County Association Of REALTORS
Originating MLS: Lorain County Association Of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric, Gas, Hot Water, Steam
Cooling
- Ceiling Fan(s), None
Appliances
- Laundry: Common Area, In Basement
Features
- Ceiling Fan(s)
- Basement: Full,Partially Finished
Interior area
- Total structure area: 3,378
- Total interior livable area: 3,378 sqft
- Finished area above ground: 2,468
- Finished area below ground: 910
Property
Parking
- Total spaces: 2
- Parking features: Detached, Electricity, Garage, Paved
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Fencing: Chain Link,Other,Partial
Lot
- Size: 9,713 Square Feet
Details
- Parcel number: 0202026106036
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Aluminum Siding
- Foundation: Block
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Laundry Facilities, Playground, Park, Shopping, Tennis Court(s)
Location
- Region: Lorain
Financial & listing details
- Price per square foot: $28/sqft
- Tax assessed value: $140,410
- Annual tax amount: $2,076
- Date on market: 3/27/2025
- Cumulative days on market: 26 days
- Listing terms: Cash
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2025 | Sold | $93,000-2.1%$28/sqft |
Source:  MLS Now #5110032 Report a problem | ||
| 4/20/2025 | Pending sale | $95,000$28/sqft |
Source: MLS Now #5110032 Report a problem | ||
| 4/7/2025 | Contingent | $95,000$28/sqft |
Source: MLS Now #5110032 Report a problem | ||
| 3/27/2025 | Listed for sale | $95,000+18.8%$28/sqft |
Source: MLS Now #5110032 Report a problem | ||
| 5/28/2024 | Sold | $80,000-10.1%$24/sqft |
Source: MLS Now #5018706 Report a problem | ||
| 3/29/2024 | Pending sale | $89,000$26/sqft |
Source: MLS Now #5018706 Report a problem | ||
| 3/6/2024 | Listed for sale | $89,000$26/sqft |
Source: MLS Now #5018706 Report a problem | ||
| 2/25/2024 | Contingent | $89,000$26/sqft |
Source: MLS Now #5018706 Report a problem | ||
| 2/20/2024 | Listed for sale | $89,000-5.3%$26/sqft |
Source: MLS Now #5018706 Report a problem | ||
| 12/16/2022 | Listing removed | -- |
Source: MLS Now #4427895 Report a problem | ||
| 12/15/2022 | Listed for sale | $94,000+7.4%$28/sqft |
Source: MLS Now #4427895 Report a problem | ||
| 8/18/2022 | Listing removed | -- |
Source: MLS Now #4347218 Report a problem | ||
| 4/18/2022 | Pending sale | $87,500$26/sqft |
Source: MLS Now #4347218 Report a problem | ||
| 2/18/2022 | Contingent | $87,500$26/sqft |
Source: MLS Now #4347218 Report a problem | ||
| 2/4/2022 | Listed for sale | $87,500-89.3%$26/sqft |
Source: MLS Now #4347218 Report a problem | ||
| 11/27/2019 | Sold | $821,000+3184%$243/sqft |
Source: Public Record Report a problem | ||
| 8/22/2011 | Sold | $25,000-61.2%$7/sqft |
Source: Public Record Report a problem | ||
| 6/18/2003 | Sold | $64,500$19/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,076 +59.4% | $49,140 +99.4% |
| 2023 | $1,302 +0.9% | $24,650 |
| 2022 | $1,291 +0% | $24,650 |
| 2021 | $1,291 -1.8% | $24,650 +13.1% |
| 2020 | $1,315 +0.6% | $21,800 |
| 2019 | $1,307 0% | $21,800 |
| 2018 | $1,308 +14.6% | $21,800 +21.6% |
| 2017 | $1,141 | $17,930 |
Find assessor info on the county website
Neighborhood: 44052
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Nearby schools
GreatSchools rating
- 5/10Admiral King Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 6/10General Johnnie Wilson Middle SchoolGrades: 6-8Distance: 1.3 mi
- 3/10Lorain High SchoolGrades: 9-12Distance: 1.3 mi
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
$96,800
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Estimated market value
$96,800
- Ohio
- Lorain County
- Lorain
- 44052
- 1222 W 5th St
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