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Active
    • Price cut: $2K (5/28)
    $165,000

    1347 Washington Ave, Lorain, OH 44052

    4beds
    --sqft
    : 
    $1,202/mo
    Get pre-qualified
    Duplex, Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Functional layout
    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.
    85 days
    |
    70
    |
    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#: 5205321MLS LogoOriginating MLS: Akron Cleveland Association of REALTORS

      Facts & 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: 81 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/26/2026Listed for sale$165,000
        Source: MLS Now #5205321 Report a problem
        6/22/2026Pending sale$165,000
        Source: MLS Now #5205321 Report a problem
        5/28/2026Price change$165,000-1.2%
        Source: MLS Now #5205321 Report a problem
        4/29/2026Listed for sale$167,000+160.9%
        Source: MLS Now #5205321 Report a problem
        6/29/2024Listing removed--
        Source: Zillow Rentals Report a problem
        2/14/2024Sold$64,000-5.7%
        Source: MLS Now #5006798 Report a problem
        1/17/2024Pending sale$67,900
        Source: MLS Now #5006798 Report a problem
        1/5/2024Price change$67,900-9.3%
        Source: MLS Now #5006798 Report a problem
        12/13/2023Listed for sale$74,900+30.7%
        Source: MLS Now #5006798 Report a problem
        9/7/2023Price change$595-14.4%
        Source: Zillow Rentals Report a problem
        8/29/2023Listed for rent$695
        Source: Zillow Rentals Report a problem
        8/29/2023Listing removed--
        Source: Zillow Rentals Report a problem
        8/10/2023Listed for rent$695-12.6%
        Source: Zillow Rentals Report a problem
        7/18/2023Listing removed--
        Source: Zillow Rentals Report a problem
        5/22/2023Listed for rent$795+38.3%
        Source: Zillow Rentals Report a problem
        4/21/2021Sold$57,300+4.4%
        Source: MLS Now #4265052 Report a problem
        3/26/2021Pending sale$54,900
        Source: MLS Now #4265052 Report a problem
        3/24/2021Listed for sale$54,900+66.4%
        Source: MLS Now #4265052 Report a problem
        2/25/2021Listing removed--
        Source: Owner Report a problem
        7/27/2020Listing removed$575
        Source: Owner Report a problem
        6/11/2020Listed for rent$575
        Source: Owner Report a problem
        10/17/2003Sold$33,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        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

        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.
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        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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