Established rental property with ongoing income at 1347 Washington Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. Both units are currently occupied, with one renting for $1,199 on a month-to-month lease and the second generating $1,100 with a lease in place through 5/31/26, providing immediate cash flow. Utilities are structured with tenants responsible for electric and gas, while the owner covers water, sewer, and trash. The property features a functional layout with consistent rental demand in the area, supporting strong occupancy. A solid addition to a larger portfolio, this asset contributes reliable income within a diversified, income-producing package.
Active
Price cut: $6.3K (8/14)
$158,750
1347 Washington Ave, Lorain, OH 44052
4beds
--sqft
Duplex, Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Functional layout
- 133 days
- 74
- 1
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#: 5205321
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
- Other
Cooling
- Other
Features
- Basement: Other
Property
Parking
- Parking features: None
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,920 Square Feet
Details
- Parcel number: 0201006127025
- 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: $72,050
- Annual tax amount: $1,012
- Date on market: 4/29/2026
- Cumulative days on market: 130 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:  MLS Now #5205321 Report a problem | ||
| 6/26/2026 | Listed for sale | $165,000 |
Source: MLS Now #5205321 Report a problem | ||
| 6/22/2026 | Pending sale | $165,000 |
Source: MLS Now #5205321 Report a problem | ||
| 5/28/2026 | Price change | $165,000-1.2% |
Source: MLS Now #5205321 Report a problem | ||
| 4/29/2026 | Listed for sale | $167,000+160.9% |
Source: MLS Now #5205321 Report a problem | ||
| 6/29/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/14/2024 | Sold | $64,000-5.7% |
Source: MLS Now #5006798 Report a problem | ||
| 1/17/2024 | Pending sale | $67,900 |
Source: MLS Now #5006798 Report a problem | ||
| 1/5/2024 | Price change | $67,900-9.3% |
Source: MLS Now #5006798 Report a problem | ||
| 12/13/2023 | Listed for sale | $74,900+30.7% |
Source: MLS Now #5006798 Report a problem | ||
| 9/7/2023 | Price change | $595-14.4% |
Source: Zillow Rentals Report a problem | ||
| 8/29/2023 | Listed for rent | $695 |
Source: Zillow Rentals Report a problem | ||
| 8/29/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/10/2023 | Listed for rent | $695-12.6% |
Source: Zillow Rentals Report a problem | ||
| 7/18/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/22/2023 | Listed for rent | $795+38.3% |
Source: Zillow Rentals Report a problem | ||
| 4/21/2021 | Sold | $57,300+4.4% |
Source: MLS Now #4265052 Report a problem | ||
| 3/26/2021 | Pending sale | $54,900 |
Source: MLS Now #4265052 Report a problem | ||
| 3/24/2021 | Listed for sale | $54,900+66.4% |
Source: MLS Now #4265052 Report a problem | ||
| 2/25/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/27/2020 | Listing removed | $575 |
Source: Owner Report a problem | ||
| 6/11/2020 | Listed for rent | $575 |
Source: Owner Report a problem | ||
| 10/17/2003 | Sold | $33,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,013 -4.9% | $25,220 |
| 2024 | $1,066 -5.7% | $25,220 +17.9% |
| 2023 | $1,131 +0.9% | $21,400 |
| 2022 | $1,121 +0% | $21,400 |
| 2021 | $1,121 -1.8% | $21,400 +13.1% |
| 2020 | $1,141 +0.6% | $18,920 |
| 2019 | $1,135 0% | $18,920 -0.1% |
| 2018 | $1,135 +11.6% | $18,930 +18.4% |
| 2017 | $1,017 +0.8% | $15,990 |
| 2016 | $1,009 +5.8% | $15,990 |
| 2015 | $954 +8.3% | $15,990 +8% |
| 2014 | $881 +0.8% | $14,800 |
| 2013 | $874 +3.3% | $14,800 |
| 2012 | $846 | $14,800 -78.4% |
| 2011 | -- | $68,400 |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | $1,208 +0.4% | -- |
| 2007 | $1,203 +0.3% | -- |
| 2006 | $1,199 +54.8% | -- |
| 2005 | $775 +2.8% | -- |
| 2004 | $754 +1.5% | -- |
| 2003 | $743 +11.9% | -- |
| 2002 | $664 -0.2% | -- |
| 2001 | $665 +18.2% | -- |
| 2000 | $563 | -- |
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.
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