$159,900
PENDING

1040 W 9th St Lorain, OH 44052

Estimated payment $1,085/month

Total Views 3,193
4 Beds
2 Baths
4,077 Sq Ft
$39 Price per Sq Ft

About This Home

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!

Listing Agent

Drew Dickson

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

RE/MAX Traditions

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

  • 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
  • ResoLotSizeUnits: Acres

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

Map

Range of Values:

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Average Value
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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 Change Sq Ft Price
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
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

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Source: MLS Now

MLS Number: 5120808

MLS Now

Ohio Lorain County Lorain 44052

1040 W 9th St, Lorain, OH

This home is located at 1040 W 9th St, Lorain, OH 44052 and is currently priced at $159,900, approximately $39 per square foot. This property was built in 1900. 1040 W 9th St is a home located in Lorain County with nearby schools including Admiral King Elementary School, Longfellow Middle School, and Lorain High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Now IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Drew Dickson
Listing Agent
Drew Dickson
Section Image
RE/MAX Traditions
(440) 472-1254