
1259 E Erie Ave Lorain, OH 44052
Highlights
- Waterfront
- Cooling System Mounted To A Wall/Window
- South Facing Home
- Community Lake
- Forced Air Heating System
About This Home
As of June 2025Lakefront Duplex with Private Beach Access – Value-Add Investment Opportunity!
Calling all investors and vacation rental visionaries! 1259 E Erie Ave., Lorain, OH is your chance to own a duplex on the lake side of the street with rare private beach access – and tons of potential to build equity.
This property features two separate units, ready for your updates and personal touch:
First-floor unit: 2 bedrooms, 1 bathroom
Second-floor unit: 3 bedrooms, 1 bathroom
Both units offer spacious layouts and fantastic income potential, whether you’re targeting long-term tenants or short-term vacationers looking for lakefront charm. With a bit of updating, this property could become a true standout in the Lorain rental market.
Just steps from the shores of Lake Erie, this location is a strong draw for renters and vacationers alike. Add value through renovations and take advantage of the growing demand for affordable lakefront rentals.
This is the kind of investment where vision meets opportunity – don’t miss your chance to create cash flow and equity in one of Lorain’s most desirable settings!
Last Agent to Sell the Property
Howard Hanna Brokerage Email: chrisfoisy@howardhanna.com 440-396-4391 License #2014000365 Listed on: 04/23/2025

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,015
Year Built
- Built in 1900
Lot Details
- 8,712 Sq Ft Lot
- Waterfront
- South Facing Home
Parking
- Driveway
Home Design
- Fiberglass Roof
- Asphalt Roof
- Aluminum Siding
Interior Spaces
- 1,406 Sq Ft Home
- 3-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- Greggs Add Subdivision
- Community Lake
Listing and Financial Details
- Tenant pays for all utilities
- Assessor Parcel Number 02-00-051-101-042
Similar Homes in Lorain, OH
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/25/2025 06/25/25 | Sold | $112,000 | -13.8% | $80 / Sq Ft |
04/23/2025 04/23/25 | For Sale | $129,900 | -- | $92 / Sq Ft |
Tax History Compared to Growth
Agents Affiliated with this Home
-
Seller's Agent in 2025
Christopher Foisy
Howard Hanna
(440) 396-4391
47 in this area
101 Total Sales
-
H
Buyer's Agent in 2025
Helen Soeder
LoFaso Real Estate Services
(440) 308-2253
17 in this area
39 Total Sales
Map
Source: MLS Now (Howard Hanna)
MLS Number: 5116891

APN: 02-00-051-101-009
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