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  • Price cut: $24K (5/28)
    $165,000

    1339 Washington Ave, Lorain, OH 44052

    6beds
    --sqft
    : 
    $1,202/mo
    Get pre-qualified
    Duplex, Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Functional layout
    Performing rental property with consistent returns at 1339 Washington Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This fully occupied duplex produces strong, consistent cash flow with rents of $1,100 and $1,250 per month, both secured through leases expiring 3/31/27, providing long-term income stability. Tenants are responsible for all utilities, helping to minimize owner expenses and maximize returns. The property offers a functional layout with solid rental demand in the area, making it a dependable addition to a larger portfolio. Ideal for investors seeking stable, predictable income, this asset contributes to a well-performing, income-producing portfolio. Multiple properties must be purchased.  Singular properties will not be considered.  Reach out to co-listing agent for details.
    88 days
    |
    117
    |
    9
    |

    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#: 5205310MLS LogoOriginating MLS: Akron Cleveland Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Other
      Cooling
      • None
      Features
      • Basement: Other
      Video & virtual tour

      Property

      Parking
      • Parking features: None
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 3,920 Square Feet
      Details
      • Parcel number: 0201006127024
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex, Multi Family
      Materials
      • Other
      • Roof: Other
      Condition
      • Year built: 1900

      Utilities & green energy

      • Sewer: Other
      • Water: Other

      Community & HOA

      Community
      • Subdivision: Chamberlain
      Location
      • Region: Lorain

      Financial & listing details

      • Tax assessed value: $91,650
      • Annual tax amount: $1,288
      • Date on market: 4/29/2026
      • Cumulative days on market: 88 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/28/2026Price change$165,000-12.7%
        Source: MLS Now #5205310 Report a problem
        4/29/2026Listed for sale$189,000+278%
        Source: MLS Now #5205310 Report a problem
        4/27/2018Sold$50,000+233.3%
        Source: Public Record Report a problem
        11/27/2017Sold$15,001-11.2%
        Source: MLS Now #3925098 Report a problem
        9/25/2017Pending sale$16,900
        Source: RE/MAX Trinity #3925098 Report a problem
        9/11/2017Price change$16,900-10.6%
        Source: RE/MAX Trinity #3925098 Report a problem
        8/21/2017Price change$18,900-10%
        Source: RE/MAX Trinity #3925098 Report a problem
        7/21/2017Listed for sale$21,000-73.6%
        Source: RE/MAX Trinity #3925098 Report a problem
        4/20/2017Listing removed$79,541-6.4%
        Source: Auction.com Report a problem
        3/30/2017Listed for sale--
        Source: Auction.com Report a problem
        4/8/2014Listing removed$700
        Source: Go Section8 Report a problem
        2/1/2014Listed for rent$700
        Source: Go Section8 Report a problem
        8/22/2013Listing removed$700
        Source: REALPROPERTYMANAGENT Report a problem
        7/24/2013Price change$700-11.9%
        Source: Go Section8 Report a problem
        7/14/2013Listed for rent$795-11.2%
        Source: Go Section8 Report a problem
        12/21/2012Listing removed$895
        Source: REALPROPERTYMANAGENT Report a problem
        10/25/2012Price change$895-5.8%
        Source: REALPROPERTYMANAGENT Report a problem
        10/11/2012Listed for rent$950
        Source: REALPROPERTYMANAGENT Report a problem
        12/19/2008Sold$85,000+466.7%
        Source: Public Record Report a problem
        11/30/2007Sold$15,000-40%
        Source: MLS Now #2398422 Report a problem
        11/7/2005Sold$25,000-32.4%
        Source: Public Record Report a problem
        3/28/1997Sold$37,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,355 -0.7%$32,080 +24.2%
        2023$1,365 +0.9%$25,830
        2022$1,353 +0%$25,830
        2021$1,353 -1.8%$25,830 +13.1%
        2020$1,377 +0.6%$22,840
        2019$1,370 0%$22,840
        2018$1,370 +5.6%$22,840 +12%
        2017$1,298 +0.8%$20,400
        2016$1,288 -58.3%$20,400
        2015$3,088 +174.8%$20,400 +8.1%
        2014$1,124 +0.8%$18,880
        2013$1,115 +3.3%$18,880
        2012$1,079 $18,880 -71.4%
        2011-- $65,900
        2010-- --
        2009-- --
        2008$341 +0.4%--
        2007$340 -8.7%--
        2006$372 -46.7%--
        2005$698 +2.8%--
        2004$680 +1.4%--
        2003$670 +11.8%--
        2002$599 -0.2%--
        2001$600 +18.2%--
        2000$508 --
        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

        59 / 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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