$87,000
SOLD OCT 14, 2025

1031 W 9th St Lorain, OH 44052

4 Beds
2 Baths
1,708 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$51 Per Sq Ft

16% Below List Price

8 Days on Market

Highlights

  • Double Pane Windows
  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating and Cooling System

About This Home

As of October 2025

Discover the potential in this two-family property located just minutes from the lake in Lorain. Featuring a spacious yard and a prime location, this home is ideal for investors looking to add to their portfolio or for an owner-occupant seeking rental income. One unit is currently rented, providing immediate cash flow, while the property itself offers plenty of opportunity for value-add improvements. Recent updates include a newer roof, vinyl siding, hot water tank and furnace, updated electrical. Both units have nice sized kitchens, baths, and bedrooms with plenty of storage. Don't miss the chance to invest in a home with great bones, strong rental potential, and proximity to the lake, shopping, and amenities

Last Agent to Sell the Property

Lisa Kassouf

Russell Real Estate Services Brokerage Email: lisakassoufrealtor@gmail.com, 216-337-6722 License #2013001657 Listed on: 09/05/2025

Russell Real Estate Services

Last Buyer's Agent

Ryan McCullough

RE/MAX Above & Beyond License #2016000269

RE/MAX Above & Beyond

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,334

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,708 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Unfinished Basement
  • Laundry in Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Forced Air Heating and Cooling System

Community Details

  • Wallace Subdivision

Listing and Financial Details

  • Tenant pays for electricity, internet
  • The owner pays for sewer, water
  • Assessor Parcel Number 02-01-005-119-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,334

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1900
  • Attribution Contact: lisakassoufrealtor@gmail.com, 216-337-6722
  • Subdivision Name: Wallace
  • Above Grade Finished Sq Ft: 1708.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • ResoWindowFeatures: Double Pane Windows
  • Tax Year: 2024
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.07
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Off Street, On Street

Utilities

  • LaundryFeatures: In Basement
  • Cooling: Central Air, Window Unit(s), Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-01-005-119-001

Rental Info

  • Owner Pays: Sewer, Water
  • Tenant Pays: Electricity, Internet

Tax Info

  • Tax Annual Amount: 1334.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2025 10/14/25 Sold $87,000 -16.3% $51 / Sq Ft
09/05/2025 09/05/25 For Sale $104,000 -- $61 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,334 $31,570 $2,965 $28,606
2023 $1,046 $19,807 $2,685 $17,122
2022 $1,037 $19,807 $2,685 $17,122
2021 $1,037 $19,807 $2,685 $17,122
2020 $1,056 $17,510 $2,370 $15,140
2019 $1,050 $17,510 $2,370 $15,140
2018 $1,035 $17,510 $2,370 $15,140
2017 $1,020 $16,030 $2,670 $13,360
2016 $1,012 $16,030 $2,670 $13,360
2015 $956 $16,030 $2,670 $13,360
2014 $927 $14,840 $2,470 $12,370
2013 $877 $14,840 $2,470 $12,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5153783

MLS Now

APN: 02-01-005-119-001