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Pending
    • $169,000

    2514 Reid Ave, Lorain, OH 44052

    5beds
    1,952sqft
    : 
    $1,253/mo
    Get pre-qualified
    Duplex, Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $87/sqft
    $-- HOA

    What's special

    Fenced backyardTwo separate laundry areasFull dry basementAbundant storage space
    ATTENTION INVESTORS AND ENTREPRENEURS!!! Located in the heart of Lorain, this spacious duplex at 2514 Reid Ave. offers an excellent investment opportunity with nearly 2,000 square feet of living space and reliable rental income! Both units are currently occupied, generating just under $2,000 per month in gross income. The lower unit features 3 bedrooms, 1 full bath, a spacious living room, dining room, and full kitchen, while the upper unit offers 2 bedrooms, 1 full bath, a living room, dining room, and full kitchen. A full, dry basement provides two separate laundry areas along with abundant storage space for tenants. Additional investor-friendly features include separate gas and electric meters, with the owner currently paying water, sewer, and trash. Outside, you'll find a fenced backyard, adding even more appeal for tenants. Whether you're looking to expand your rental portfolio or make your first investment purchase, this income-producing property is one you won't want to miss. Call today for more information! *Showings allowed after accepted offer. Please do not disturb the tenants.
    44 days
    131
    4

    Zillow last checked:

    Listing updated:

    Listed by:

    Steven Lawson 440-320-9888 stevelawson@superstevesells.com,

    Russell Real Estate Services

    Source: MLS Now,MLS#: 5229898MLS LogoOriginating MLS: Medina County Board of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Forced Air, Gas
      Cooling
      • Ceiling Fan(s)
      Appliances
      • Laundry: In Basement
      Features
      • Basement: Unfinished
      Interior area
      • Total structure area: 1,952
      • Total interior livable area: 1,952 sqft
      • Finished area above ground: 1,952
      Video & virtual tour

      Property

      Parking
      • Parking features: Driveway
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Private Yard
      • Pool features: None
      • Fencing: Chain Link
      Lot
      • Size: 6,098 Square Feet
      • Features: Flat, Level
      Details
      • Parcel number: 0201003187018
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex, Multi Family
      Materials
      • Concrete
      • Roof: Asphalt,Fiberglass
      Condition
      • Updated/Remodeled
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Other
      Location
      • Region: Lorain

      Financial & listing details

      • Price per square foot: $87/sqft
      • Tax assessed value: $91,490
      • Annual tax amount: $1,963
      • Date on market: 7/23/2026
      • Cumulative days on market: 44 days
      • Listing terms: Cash,Conventional
      • Tenant pays: Cable TV, Electricity, Gas, Heat, Insurance, Internet, Telephone

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/31/2026Pending sale$169,000$87/sqft
        Source: MLS Now #5229898 Report a problem
        7/23/2026Listed for sale$169,000+84.7%$87/sqft
        Source: MLS Now #5229898 Report a problem
        6/10/2026Sold$91,500+18.8%$47/sqft
        Source: Public Record Report a problem
        8/18/2025Listing removed$850
        Source: Zillow Rentals Report a problem
        7/24/2025Listed for rent$850-5%
        Source: Zillow Rentals Report a problem
        9/6/2023Listing removed--
        Source: Zillow Rentals Report a problem
        8/29/2023Listed for rent$895
        Source: Zillow Rentals Report a problem
        8/29/2023Listing removed--
        Source: Zillow Rentals Report a problem
        8/7/2023Listed for rent$895+70.5%
        Source: Zillow Rentals Report a problem
        10/1/2020Sold$77,000-3.6%$39/sqft
        Source: MLS Now #4217465 Report a problem
        9/10/2020Pending sale$79,900$41/sqft
        Source: Keller Williams Citywide #4217465 Report a problem
        8/29/2020Listed for sale$79,900+232.9%$41/sqft
        Source: Keller Williams Citywide #4217465 Report a problem
        4/22/2014Listing removed$525
        Source: Go Section8 Report a problem
        1/29/2014Listed for rent$525
        Source: Go Section8 Report a problem
        11/15/2013Listing removed$525
        Source: Go Section8 Report a problem
        11/8/2013Listed for rent$525
        Source: Go Section8 Report a problem
        6/19/1992Sold$24,000$12/sqft
        Source: MLS Now #292451 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,286 -4.9%$32,020
        2024$1,353 +26.6%$32,020 +58.3%
        2023$1,069 +0.9%$20,230
        2022$1,060 +0%$20,230
        2021$1,060 -1.8%$20,230 +13.1%
        2020$1,079 +0.6%$17,890
        2019$1,073 0%$17,890
        2018$1,073 +11.4%$17,890 +18.2%
        2017$963 +0.8%$15,140
        2016$956 +5.8%$15,140
        2015$903 +8.2%$15,140 +8%
        2014$834 +0.8%$14,020
        2013$828 +3.3%$14,020
        2012$802 $14,020
        2011-- --
        2010-- --
        2009-- --
        2008$944 +0.4%--
        2007$940 +0.3%--
        2006$937 +8.8%--
        2005$862 +2.8%--
        2004$838 +1.4%--
        2003$826 +11.9%--
        2002$738 -0.2%--
        2001$740 +18.2%--
        2000$626 --
        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.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 44052

        Getting around

        53 / 100
        Somewhat Walkable
        48 / 100
        Somewhat 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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