George Rofail
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1339 Washington Avenue, Lorain, OH 44052

$158,750
  • 1339 Washington Avenue, Lorain, OH 44052 Main Photo
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Active Price Reduced by $6,250 on August 14th, 2026
BEDS6 BATHS2 full MLS#5205310
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONChamberlain SCHOOLLorain City

Property Description

Performing rental property with consistent returns at 1339 Washington Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This fully occupied duplex produces strong, consistent cash flow with rents of $1,100 and $1,250 per month, both secured through leases expiring 3/31/27, providing long-term income stability. Tenants are responsible for all utilities, helping to minimize owner expenses and maximize returns. The property offers a functional layout with solid rental demand in the area, making it a dependable addition to a larger portfolio. Ideal for investors seeking stable, predictable income, this asset contributes to a well-performing, income-producing portfolio. Multiple properties must be purchased.  Singular properties will not be considered.  Reach out to co-listing agent for details.

1339 Washington Avenue | MLS# 5205310

This multi-family property located at 1339 Washington Avenue, Lorain, OH 44052 is currently listed for sale with an asking price of $158,750. Washington Avenue is located within the Lorain City school district. Search Lorain real estate on grofail.progressiveurban.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Other
Cooling: None
Heating: Other
Lot Size: 0.09 Acres
Roof Type: Other
Stories: 2.0
Taxes: $1,288 / year
Year Built: 1900

Feature Descriptions

Days on Site: 111
Parcel#: 02-01-006-127-024
Parking: None
Sewer: Other
Water: Other

Local Schools

School District: Lorain City

Listed By / Shown By

Listed By

Agency Name: Russell Real Estate Services
Agency Contact: tal@premierclevelandinvesting.com, 216-870-8687

Shown By

Agent Name: George Rofail
Agent Phone: (216) 619-9696
Agency Title: Progressive Urban Real Estate

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Estimated Payment

$ 506.94 per month $353.31 Principal & Interest $107.33 Property Tax $46.30 Homeowner's Insurance

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