$93,000
SOLD MAY 1, 2025

1222 W 5th St Lorain, OH 44052

4 Beds
2 Baths
3,378 Sq Ft
9,714 Sq Ft Lot

Recently Sold

$28 Per Sq Ft

2% Below List Price

10 Days on Market

Highlights

  • Tennis Courts
  • Park
  • Ceiling Fan
  • 2 Car Detached Garage
  • Shops
  • Hot Water Heating System

About This Home

As of May 2025

Nice opportunity awaits the investor looking to put their mark on this property. Tenant upstairs is MTM with rent at $800 and pays electric and gas. Down unit vacant at present as tenant bought a house. Even flowing floorplan with ample size on first floor. Some updates/rehab needed but mostly cosmetic and some plumbing in bsmt. Good sized backyard with some fencing and rear deck. Dimensional shingled roof, huge 2+ bay garage with lots of storage. Partially finished basement accessible from downstairs unit. Tenant upstairs would like to stay but ready for a first floor unit somewhere....etc. Third floor attic could be further finished for additional living space. Side street location, off street parking with drive. Front porch. Can be a good income generator with some renovation/updates. Seller will not make any repairs regardless of any inspection or appraisal results. Conventional, rehab loan, DSCR, cash preferred. Quicker close. Tenant pays on time. Buyers to perform own due diligence regarding condition, parcel data and property information.

Last Agent to Sell the Property

Rebecca Bauer

Realtywise, Inc. Brokerage Email: 440-444-1307 rbauer@realtywise.com License #2003011130 Listed on: 03/25/2025

Last Buyer's Agent

Martin Carlysle

Russell Real Estate Services License #2009004575

Russell Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,076

Year Built

  • Built in 1900

Lot Details

  • 9,714 Sq Ft Lot
  • South Facing Home
  • Partially Fenced Property
  • Chain Link Fence

Parking

  • 2 Car Detached Garage

Home Design

  • Block Foundation
  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 02-02-026-106-036

Community Details

Amenities

  • Shops
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Playground
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,076

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1900
  • Attribution Contact: 440-444-1307 rbauer@realtywise.com
  • Above Grade Finished Sq Ft: 2468.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Tax Year: 2024
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially Finished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 910.0
  • Stories: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Chain Link, Other, Partial
  • Acres: 0.223
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Direction Faces: South
  • Foundation Details: Block

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Electricity, Garage, Paved

Utilities

  • LaundryFeatures: Common Area, In Basement
  • Cooling: Ceiling Fan(s), None
  • Cooling Y N: No
  • Heating: Electric, Gas, Hot Water, Steam
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Laundry Facilities, Playground, Park, Shopping, Tennis Court(s)

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-02-026-106-036
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Tax Annual Amount: 2076.0

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Range of Values:

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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
05/01/2025 05/01/25 Sold $93,000 -2.1% $28 / Sq Ft
04/04/2025 04/04/25 Pending -- -- --
03/25/2025 03/25/25 For Sale $95,000 +18.8% $28 / Sq Ft
05/28/2024 05/28/24 Sold $80,000 -10.1% $32 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
02/20/2024 02/20/24 For Sale $89,000 -- $36 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Rebecca Bauer

    Seller's Agent in 2025

    Rebecca Bauer

    Realtywise, Inc.

    (440) 527-0220

    69 in this area

    143 Total Sales

    Rebecca Bauer
    Section Image
  • Martin Carlysle

    Buyer's Agent in 2025

    Martin Carlysle

    Russell Real Estate Services

    (419) 625-5555

    8 in this area

    31 Total Sales

    Martin Carlysle
    Section Image
  • Steven Lawson

    Buyer's Agent in 2024

    Steven Lawson

    Russell Real Estate Services

    (440) 320-9888

    183 in this area

    436 Total Sales

    Steven Lawson
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 5110032

MLS Now

Ohio Lorain County Lorain 44052

1222 W 5th St, Lorain, OH

This home is located at 1222 W 5th St, Lorain, OH 44052 and is currently priced at $93,000, approximately $27 per square foot. This property was built in 1900. 1222 W 5th 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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