Turnkey investment opportunity! This fully occupied duplex generates $1,420/month in total rent, delivering a solid $17,040 in gross annual income. Each unit features 2 bedrooms with month-to-month tenants in place, offering flexibility for future rent increases or owner-occupancy. Located in a convenient Lorain neighborhood, this property offers immediate cash flow and strong return potential from day one.
Closed
$106,959
1347-1349 Massachusetts Ave, Lorain, OH 44052
4beds
1,728sqft
Duplex, Multi Family
Built in 1978
-- sqft lot
$110,300 Zestimate®
$62/sqft
$1,138 Estimated rent
Home value
$110,300
$98,000 - $124,000
$1,138/mo
Zestimate® history
Owner options
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$1,138/mo
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$1,138/mo
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$566/mo
Est. payment
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$566/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Oliver Moreau 216-536-8535 omoreau@progressiveurban.com,
Progressive Urban Real Estate Co
Bought with:
Non-Member Non-Member, 9999
Non-Member
Source: MLS Now,MLS#: 5117828
Originating MLS: Akron Cleveland Association of REALTORS
Originating MLS: Akron Cleveland Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Electric
Cooling
- Window Unit(s)
Features
- Basement: None
Interior area
- Total structure area: 1,728
- Total interior livable area: 1,728 sqft
- Finished area above ground: 1,728
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway, Paved
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,662 Square Feet
Details
- Parcel number: 0300050113010
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Aluminum Siding
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Highview Park Sub #2
Location
- Region: Lorain
Financial & listing details
- Price per square foot: $62/sqft
- Annual tax amount: $1,403
- Date on market: 5/29/2025
- Cumulative days on market: 55 days
- Listing terms: Cash,Conventional
- Tenant pays: Electricity
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2025 | Sold | $106,959-10.8%$62/sqft |
Source:  MLS Now #5117828 Report a problem | ||
| 8/13/2025 | Pending sale | $119,900$69/sqft |
Source: MLS Now #5117828 Report a problem | ||
| 8/1/2025 | Contingent | $119,900$69/sqft |
Source: MLS Now #5117828 Report a problem | ||
| 7/29/2025 | Price change | $119,900-7.7%$69/sqft |
Source: MLS Now #5117828 Report a problem | ||
| 7/17/2025 | Pending sale | $129,900$75/sqft |
Source: MLS Now #5117828 Report a problem | ||
| 7/10/2025 | Price change | $129,900-3.7%$75/sqft |
Source: MLS Now #5117828 Report a problem | ||
| 6/30/2025 | Pending sale | $134,900$78/sqft |
Source: MLS Now #5117828 Report a problem | ||
| 5/29/2025 | Listed for sale | $134,900+101.3%$78/sqft |
Source: MLS Now #5117828 Report a problem | ||
| 5/26/2020 | Sold | $67,000-7.6%$39/sqft |
Source: MLS Now #4180728 Report a problem | ||
| 5/26/2020 | Listed for sale | $72,500$42/sqft |
Source: Russell Real Estate Services #4180728 Report a problem | ||
| 4/17/2020 | Pending sale | $72,500$42/sqft |
Source: Russell Real Estate Services #4180728 Report a problem | ||
| 4/9/2020 | Listed for sale | $72,500$42/sqft |
Source: Russell Real Estate Services #4180728 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 44052
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Nearby schools
GreatSchools rating
- 4/10Larkmoor Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Longfellow Middle SchoolGrades: 6-8Distance: 0.4 mi
- 2/10New BeginningsGrades: 10-12Distance: 2.6 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
$110,300
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$110,300
- Ohio
- Lorain County
- Lorain
- 44052
- 1347-1349 Massachusetts Ave
Nearby cities
Nearby zip codes
Other Lorain Topics
