Incredible Investment Opportunity In Lorain! This Five-unit Income Property With An Additional Office Space Is Fully Occupied Except For The Office, Generating Over $4,200 Per Month With Room To Grow. The Building Features Three 2-bedroom, 1-bath Units And Two 1-bedroom, 1-bath Units, Offering A Great Mix For Steady Rental Demand. The Office Space Includes Its Own Bathroom And Provides Endless Potential. Rent It Out For Additional Income Or Transform It Into A Salon, Beauty Parlor, Or Small Business Suite. The Property Offers A Solid Brick Exterior, Plenty Of Off-street Parking For Tenants And Guests, And A Prime Location Near Downtown Lorain, Lakeview Park, Shopping, And Highways. Don't Wait To Add This Turnkey Multi-unit Property To Your Portfolio.
Sold for $310,000
$310,000
1850 Washington Ave, Lorain, OH 44052
8beds
5baths
--sqft
Multi Family
Built in 1900
-- sqft lot
$311,100 Zestimate®
$--/sqft
$1,102 Estimated rent
Home value
$311,100
$296,000 - $327,000
$1,102/mo
Zestimate® history
Owner options
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$1,102/mo
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$1,102/mo
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$1,992/mo
Est. payment
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$1,992/mo
Est. payment
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List your homeWhat's special
Solid brick exteriorPlenty of off-street parking
Zillow last checked:
Listing updated:
Listed by:
Kyle M. Recker 567-230-2008 kylerecker@howardhanna.com,
Howard Hanna - Port Clinton
Bought with:
Alex Johnson
Firelands Association of Realt
Source: Firelands MLS,MLS#: 20254144Originating MLS: Firelands MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
Heating
- Gas, Forced Air
Cooling
- Window Unit(s)
Features
- Basement: Crawl Space
Interior area
- Total structure area: 0
Property
Lot
- Size: 6,298 Square Feet
- Dimensions: 42 x 150
Details
- Parcel number: 0201006138037
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- Year built: 1900
Utilities & green energy
- Electric: ON
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Surveillance On Site
Location
- Region: Lorain
Financial & listing details
- Tax assessed value: $170,390
- Annual tax amount: $7,617
- Price range: $310K - $310K
- Date on market: 10/16/2025
- Date available: 01/01/1800
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Sold | $310,000-7.4% |
Source: Firelands MLS #20254144 Report a problem | ||
| 2/13/2026 | Contingent | $334,900 |
Source: Firelands MLS #20254144 Report a problem | ||
| 2/13/2026 | Pending sale | $334,900 |
Source: MLS Now #5166306 Report a problem | ||
| 11/3/2025 | Listed for sale | $334,900 |
Source: MLS Now #5166306 Report a problem | ||
| 10/28/2025 | Pending sale | $334,900 |
Source: MLS Now #5166306 Report a problem | ||
| 10/16/2025 | Listed for sale | $334,900+123.3% |
Source: Firelands MLS #20254144 Report a problem | ||
| 12/14/2017 | Listing removed | $150,000 |
Source: Howard Hanna - Amherst #3789224 Report a problem | ||
| 3/15/2016 | Listed for sale | $150,000+11.1% |
Source: Howard Hanna - Amherst #3789224 Report a problem | ||
| 12/20/2014 | Listing removed | $135,000 |
Source: Howard Hanna - Amherst #3464814 Report a problem | ||
| 5/1/2014 | Price change | $135,000+125% |
Source: Howard Hanna - Amherst #3464814 Report a problem | ||
| 12/20/2013 | Listed for sale | $60,000 |
Source: Howard Hanna - Amherst #3464814 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,809 -3.4% | $59,630 +18.8% |
| 2023 | $3,943 +1% | $50,190 |
| 2022 | $3,904 -0.5% | $50,190 |
| 2021 | $3,922 -2.7% | $50,190 |
| 2020 | $4,030 +0.9% | $50,190 |
| 2019 | $3,996 +1.9% | $50,190 |
| 2018 | $3,922 | $50,190 -54.8% |
| 2017 | -- | $111,030 |
| 2016 | $9,476 +4.9% | $111,030 |
| 2015 | $9,032 +949.6% | $111,030 +989.6% |
| 2014 | $861 | $10,190 |
Find assessor info on the county website
Neighborhood: 44052
Nearby homes
- $5,7603 bd2 ba2.1k sqft1834 Washington Ave, Lorain, OH 44052Off Market
- $93,5002 bd1 ba1.1k sqft1014 W 19th St, Lorain, OH 44052Off Market
- $81,4003 bd1 ba1k sqft1018 W 19th St, Lorain, OH 44052Off Market
- $160,4002 bd1 ba1.5k sqft1814 Washington Ave #UPSTAIRS, Lorain, OH 44052Off Market
- $158,5003 bd1 ba1.5k sqft1814 Washington Ave, Lorain, OH 44052Off Market
- $165,5003 bd3 ba1.5k sqft1902 Washington Ave, Lorain, OH 44052Off Market
- $141,9005 bd3 ba1.9k sqft1812 Washington Ave, Lorain, OH 44052Off Market
- $115,7003 bd1 ba968 sqft1005 W 19th St, Lorain, OH 44052Off Market
Nearby schools
GreatSchools rating
- 3/10Hawthorne Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 6/10General Johnnie Wilson Middle SchoolGrades: 6-8Distance: 0.4 mi
- 3/10Lorain High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- District: Lorain
Source: Firelands MLS. 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
$311,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$311,100
- Ohio
- Lorain County
- Lorain
- 44052
- 1850 Washington Ave
Nearby cities
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Other Lorain Topics
