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.
Active
Price cut: $6.3K (8/14)
$158,750
1339 Washington Ave, Lorain, OH 44052
6beds
--sqft
Duplex, Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Functional layout
- 133 days
- 103
- 7
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#: 5205310
Originating 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: 134 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2026 | Price change | $158,750-3.8% |
Source: | ||
| 5/28/2026 | Price change | $165,000-12.7% |
Source: | ||
| 4/29/2026 | Listed for sale | $189,000+278% |
Source: | ||
| 4/27/2018 | Sold | $50,000+233.3% |
Source: Public Record Report a problem | ||
| 11/27/2017 | Sold | $15,001-11.2% |
Source: | ||
| 9/25/2017 | Pending sale | $16,900 |
Source: RE/MAX Trinity #3925098 Report a problem | ||
| 9/11/2017 | Price change | $16,900-10.6% |
Source: RE/MAX Trinity #3925098 Report a problem | ||
| 8/21/2017 | Price change | $18,900-10% |
Source: RE/MAX Trinity #3925098 Report a problem | ||
| 7/21/2017 | Listed for sale | $21,000-73.6% |
Source: RE/MAX Trinity #3925098 Report a problem | ||
| 4/20/2017 | Listing removed | $79,541-6.4% |
Source: Auction.com Report a problem | ||
| 3/30/2017 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 4/8/2014 | Listing removed | $700 |
Source: Go Section8 Report a problem | ||
| 2/1/2014 | Listed for rent | $700 |
Source: Go Section8 Report a problem | ||
| 8/22/2013 | Listing removed | $700 |
Source: REALPROPERTYMANAGENT Report a problem | ||
| 7/24/2013 | Price change | $700-11.9% |
Source: Go Section8 Report a problem | ||
| 7/14/2013 | Listed for rent | $795-11.2% |
Source: Go Section8 Report a problem | ||
| 12/21/2012 | Listing removed | $895 |
Source: REALPROPERTYMANAGENT Report a problem | ||
| 10/25/2012 | Price change | $895-5.8% |
Source: REALPROPERTYMANAGENT Report a problem | ||
| 10/11/2012 | Listed for rent | $950 |
Source: REALPROPERTYMANAGENT Report a problem | ||
| 12/19/2008 | Sold | $85,000+466.7% |
Source: Public Record Report a problem | ||
| 11/30/2007 | Sold | $15,000-40% |
Source: MLS Now #2398422 Report a problem | ||
| 11/7/2005 | Sold | $25,000-32.4% |
Source: Public Record Report a problem | ||
| 3/28/1997 | Sold | $37,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,288 -4.9% | $32,080 |
| 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
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Neighborhood: 44052
Nearby schools
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.







