$171,000
SOLD JUL 18, 2025

1040 W 9th St Lorain, OH 44052

4 Beds
2 Baths
4,077 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$42 Per Sq Ft

7% Above List Price

4 Days on Market

About This Home

As of July 2025

INVESTOR SPECIAL. Full brick duplex in the heart of Lorain that is fully tenant occupied. This property is grossing $2,630 a month in rent per month! Both tenants are currently on yearly leases, and would like to stay. Tenants pay their gas and electricity, owner pays water, sewer, and trash. Don't miss out on your opportunity to add this turnkey and cash flowing investment property to your portfolio today!

Last Agent to Sell the Property

Drew Dickson

RE/MAX Revealty Brokerage Email: DrewDickson@remax.net 440-796-9186 License #2021003011 Listed on: 05/07/2025

RE/MAX Revealty

Last Buyer's Agent

Aimee Neiman

Keller Williams Chervenic Rlty License #2020001502

Keller Williams Chervenic Rlty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,332

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Fiberglass Roof
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Baseboard Heating

Community Details

  • Wallace Jones Root Add Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 02-01-006-115-046

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,332

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1900
  • Attribution Contact: DrewDickson@remax.net 440-796-9186
  • Subdivision Name: Wallace Jones Root Add
  • Above Grade Finished Sq Ft: 2736.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Tax Year: 2024
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes
  • Appliances: Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1341.0
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass, Shingle
  • Acres: 0.17
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-01-006-115-046

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 2630.0

Tax Info

  • Tax Annual Amount: 2332.0

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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 Prior Sale
07/18/2025 07/18/25 Sold $171,000 +6.9% $42 / Sq Ft
05/11/2025 05/11/25 Pending -- -- --
05/07/2025 05/07/25 For Sale $159,900 +35.5% $39 / Sq Ft
08/02/2024 08/02/24 Sold $118,000 -8.5% $86 / Sq Ft View Prior Sale
06/29/2024 06/29/24 Price Changed $129,000 -3.0% $94 / Sq Ft
06/17/2024 06/17/24 Price Changed $133,000 +3.1% $97 / Sq Ft
06/13/2024 06/13/24 For Sale $129,000 -- $94 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Drew Dickson

    Seller's Agent in 2025

    Drew Dickson

    RE/MAX Revealty

    (440) 796-9186

    9 in this area

    77 Total Sales

    Drew Dickson
    Section Image
  • Aimee Neiman

    Buyer's Agent in 2025

    Aimee Neiman

    Keller Williams Chervenic Rlty

    (330) 620-1123

    2 in this area

    202 Total Sales

    Aimee Neiman
    Section Image
  • Douglas Baker

    Seller's Agent in 2024

    Douglas Baker

    Keller Williams Citywide

    5 in this area

    78 Total Sales

    Douglas Baker
    Section Image
  • Rose Baker

    Seller Co-Listing Agent in 2024

    Rose Baker

    Keller Williams Citywide

    (216) 956-8109

    13 in this area

    196 Total Sales

    Rose Baker
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 5120808

MLS Now
Ohio Lorain County Lorain 44052

1040 W 9th St, Lorain, OH

Sold

MultiFamily

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