$80,000
SOLD MAY 28, 2024

1222 W 5th St Lorain, OH 44052

4 Beds
2 Baths
2,468 Sq Ft
9,714 Sq Ft Lot

Recently Sold

$32 Per Sq Ft

10% Below List Price

37 Days on Market

Highlights

  • Tennis Courts
  • Park
  • Forced Air Heating System
  • 2 Car Detached Garage
  • Shops
  • Ceiling Fan

About This Home

As of May 2025

Multiple offers: highest/best offers by 2:00pm EST 2/23/24. Great opportunity to live the American Dream - passive income is a plus these days! Both units tenant occupied with decent sized backyard and deck in rear. Traditional renters within. Flowing floorplan New entry doors on down unit. Needs some repairs/cosmetics. Full basement access through down unit. Longer term tenant. Upstairs tenant may desire to move at lease expiration. Partially fenced. Good overall size, lots of kitchen cabinet/counter top space. Seller is selling as is condition with no repairs regardless of any inspections. Do not disturb tenants. Buyers to perform own due diligence and verify all property condition and information. Properties are available as a portfolio as well. Inquire with listing agent. MLS #5018959 ,#5018881,#5018757,#5018618,#5018346,#5018346,#5018706,#5018353,#5018743.

Last Agent to Sell the Property

Rebecca Bauer

Realtywise, Inc. Brokerage Email: 440-444-1307 rbauer@realtywise.com License #2003011130 Listed on: 02/20/2024

Last Buyer's Agent

Steven Lawson

Russell Real Estate Services License #2020000096

Russell Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,433

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

  • 2,468 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • 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

$1,433

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
  • ResoSecurityFeatures: Smoke Detector(s)
  • Above Grade Finished Sq Ft: 2468.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Reso Interior Features: Ceiling Fan(s)
  • Unit Levels: Two
  • Tax Year: 2023
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially Finished
  • Basement: Yes
  • Appliances: Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Chain Link, 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: Forced Air, 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: 1433.0

Similar Homes in Lorain, OH

  • 1214 W 5th St, Lorain, OH 44052

    $95,000

    • 4 Beds
    • 3 Baths
    • 1214 W 5th St
    • Lorain, OH

    Calling all investors, Do it yourself rehabbers and/or anyone who would like to bring this home back to it's former glory. Many possibilities. Spacious duplex 2 bedroom and one bath per unit. Home has been partially updated and awaiting your finishing touches. Home is close to schools, downtown Lorain, Lakeview Park, Black River Landing, shopping and major highways.

    Glorivania Maldonado Russell Real Estate Services

    Section Image
  • 545 W 14th St, Lorain, OH 44052

    $65,000

    • 4 Beds
    • 2 Baths
    • 545 W 14th St
    • Lorain, OH

    Calling all investors, Do it yourself rehabbers and/or anyone who would like to bring this home back to it's former glory. Many possibilities. Spacious Duplex two bedroom and one bath on each level. Home has been partially started. Blank canvas awaiting your finishing touches. Home is close to schools, downtown Lorain, Lakeview Park, Black River Landing, shopping and major

    Glorivania Maldonado Russell Real Estate Services

    Section Image
See All Homes in Lorain

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

  • R

    Seller's Agent in 2025

    Rebecca Bauer

    Realtywise, Inc.

  • M

    Buyer's Agent in 2025

    Martin Carlysle

    Russell Real Estate Services

  • S

    Buyer's Agent in 2024

    Steven Lawson

    Russell Real Estate Services

See All Agents

Map

Source: MLS Now

MLS Number: 5018706

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 $80,000, approximately $32 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.

Nearby Homes