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Home for Sale at 124 Washington Avenue in Lorain, OH for $105,000

Listing data last changed 08/11/2025 - 9:08pm
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124 Washington Avenue | Lorain

$105,000 | 4 Beds | 2 Baths (2 Full) | 1,858 Sq. Ft.

Duplex-Style Income Property Near Lake Erie! Just one house down from the water, this single-family 3-bedroom, 1-bath home brings in $1,000/month in rent, while an attached 1-bedroom, 1-bath apartment adds an additional $450/month. With both units currently occupied, the property generates a total of $1,450/month in steady rental income, tenants paying all utilities! Located in a desirable Lorain neighborhood near the lake, this property offers strong cash flow and long-term tenant appeal. A great opportunity for investors seeking a multi-unit setup with proven rental history. MLSNow 5147398 Directions to property: right onto Washington, USE GPS

MLS Listing ID: 
MLSNow 5147398
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$105,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Residential
Property Sub Type: 
Single Family Residence
Primary Market Area: 
Lorain
Address: 
124 Washington Avenue, Lorain, OH 44052
County: 
Lorain
Latitude: 
41.4692840
Longitude: 
-82.1820350
Directions: 
right onto Washington, USE GPS
Public Remarks: 
Duplex-Style Income Property Near Lake Erie! Just one house down from the water, this single-family 3-bedroom, 1-bath home brings in $1,000/month in rent, while an attached 1-bedroom, 1-bath apartment adds an additional $450/month. With both units currently occupied, the property generates a total of $1,450/month in steady rental income, tenants paying all utilities! Located in a desirable Lorain neighborhood near the lake, this property offers strong cash flow and long-term tenant appeal. A great opportunity for investors seeking a multi-unit setup with proven rental history.
Community Information
School District: 
Lorain CSD - 4709
Subdivision: 
Charleston 01
Building Details
Details about the building on a property.
Architectural Style: 
Colonial
Stories: 
2
Year Built: 
1900
Living Area: 
1,858
Basement: 
Full
Construction
Construction Materials: 
Wood Siding
Roof: 
Asphalt
Room Details
Details about the rooms in the building.
Total Rooms: 
7
Total Bedrooms: 
4
Total Bathrooms: 
2
Total Full-Bathrooms: 
2
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air,Gas
Cooling System: 
Ceiling Fan(s),Wall/Window Unit(s)
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.22
Lot Size (Area): 
0.22
Lot Features
Parking Type: 
Unpaved
Public Record
Parcel Number: 
02-01-006-103-015
Annual Tax: 
$1,405.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
RE/MAX Infinity

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