Wow great investment opportunity for new Investor or Investor looking to add to their Portfolio!! Live in one unit and rent the other 2 units out or rent all 3 units for maximum income opportunity! This Triplex offers two, 2-bedroom 1 bath units, one, 1 bedroom 1 bath unit. Each unit has its own meter, electrical panel, and individual heat source. This property is conveniently located minutes from Newly developed Downtown, Restaurants, the beautiful Lake Erie, Marina's & so much more! Schedule your showings today!
Closed
$117,500
504 Washington Ave, Lorain, OH 44052
5beds
--sqft
Triplex, Multi Family
Built in 1900
-- sqft lot
$155,200 Zestimate®
$--/sqft
$1,186 Estimated rent
Home value
$155,200
$135,000 - $177,000
$1,186/mo
Zestimate® history
Owner options
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$1,186/mo
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$1,186/mo
Rent Zestimate®
Refinance and save
$622/mo
Est. payment
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$622/mo
Est. payment
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Beautiful lake erieIndividual heat sourceElectrical panel
Zillow last checked:
Listing updated:
Listed by:
Ralph Mercado RealtorRalphMercado@gmail.com440-340-1804,
Russell Real Estate Services
Bought with:
Andrew Duna, 2022005034
Russell Real Estate Services
Source: MLS Now,MLS#: 5023608
Originating MLS: Lorain County Association Of REALTORS
Originating MLS: Lorain County Association Of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Electric, Forced Air, Gas
Cooling
- Ceiling Fan(s)
Features
- Basement: Full
Property
Parking
- Parking features: On Site, Parking Pad, Unpaved
Features
- Levels: Three Or More
Lot
- Size: 4,356 Square Feet
Details
- Parcel number: 0201005108005
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Aluminum Siding
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Charleston
Location
- Region: Lorain
Financial & listing details
- Tax assessed value: $112,630
- Annual tax amount: $1,246
- Date on market: 3/14/2024
- Cumulative days on market: 78 days
- Listing terms: Cash,Conventional
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 5/31/2024 | Sold | $117,500+2.2% |
Source:  MLS Now #5023608 Report a problem | ||
| 5/31/2024 | Pending sale | $115,000 |
Source: MLS Now #5023608 Report a problem | ||
| 4/1/2024 | Contingent | $115,000 |
Source: MLS Now #5023608 Report a problem | ||
| 3/14/2024 | Listed for sale | $115,000+123.3% |
Source: MLS Now #5023608 Report a problem | ||
| 8/5/2004 | Sold | $51,500-26.3% |
Source: Public Record Report a problem | ||
| 8/18/1998 | Sold | $69,900 |
Source: Public Record Report a problem | ||
| 1/22/1998 | Sold | $69,900+74.8% |
Source: Public Record Report a problem | ||
| 9/4/1996 | Sold | $40,000 |
Source: Public Record Report a problem | ||
| 6/6/1995 | Sold | $40,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,666 +33.6% | $39,420 +67% |
| 2023 | $1,247 +0.9% | $23,600 |
| 2022 | $1,236 +0% | $23,600 |
| 2021 | $1,236 -1.7% | $23,600 +13.1% |
| 2020 | $1,258 +0.6% | $20,860 |
| 2019 | $1,251 0% | $20,860 |
| 2018 | $1,251 -5.2% | $20,860 +0.5% |
| 2017 | $1,320 +0.8% | $20,750 |
| 2016 | $1,310 +5.8% | $20,750 |
| 2015 | $1,238 +8.2% | $20,750 +8% |
| 2014 | $1,143 +0.8% | $19,210 |
| 2013 | $1,135 +3.3% | $19,210 |
| 2012 | $1,098 | $19,210 -66.8% |
| 2011 | -- | $57,800 |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | $1,020 +0.4% | -- |
| 2007 | $1,016 +0.3% | -- |
| 2006 | $1,012 -7.5% | -- |
| 2005 | $1,094 +2.8% | -- |
| 2004 | $1,065 +1.4% | -- |
| 2003 | $1,050 +12.4% | -- |
| 2002 | $934 -0.2% | -- |
| 2001 | $935 +18.2% | -- |
| 2000 | $791 | -- |
Find assessor info on the county website
Neighborhood: 44052
Nearby homes
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Nearby schools
GreatSchools rating
- 5/10Admiral King Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 6/10General Johnnie Wilson Middle SchoolGrades: 6-8Distance: 1.3 mi
- 3/10Lorain High SchoolGrades: 9-12Distance: 1.4 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
$155,200
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
$155,200
- Ohio
- Lorain County
- Lorain
- 44052
- 504 Washington Ave
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