1339 Washington Ave Lorain, OH 44052
Lorain AreaEstimated payment $979/month
About This Home
Performing rental property with consistent returns at 1339 Washington Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This fully occupied duplex produces strong, consistent cash flow with rents of $1,100 and $1,250 per month, both secured through leases expiring 3/31/27, providing long-term income stability. Tenants are responsible for all utilities, helping to minimize owner expenses and maximize returns. The property offers a functional layout with solid rental demand in the area, making it a dependable addition to a larger portfolio. Ideal for investors seeking stable, predictable income, this asset contributes to a well-performing, income-producing portfolio.
Multiple properties must be purchased. Singular properties will not be considered. Reach out to co-listing agent for details.
Listing Agent
Russell Real Estate Services Brokerage Email: tal@premierclevelandinvesting.com, 216-870-8687 License #2018001908 Listed on: 04/29/2026
Co-Listing Agent
Russell Real Estate Services Brokerage Email: tal@premierclevelandinvesting.com, 216-870-8687 License #2025002962
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,288
Year Built
- Built in 1900
Home Design
- Duplex
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Additional Features
- 2-Story Property
- 3,920 Sq Ft Lot
- No Cooling
- Basement
Community Details
- Chamberlain Subdivision
Listing and Financial Details
- Assessor Parcel Number 02-01-006-127-024
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,288 | $32,078 | $2,699 | $29,379 |
| 2023 | $1,365 | $25,834 | $3,224 | $22,610 |
| 2022 | $1,353 | $25,834 | $3,224 | $22,610 |
| 2021 | $1,353 | $25,834 | $3,224 | $22,610 |
| 2020 | $1,377 | $22,840 | $2,850 | $19,990 |
| 2019 | $1,370 | $22,840 | $2,850 | $19,990 |
| 2018 | $1,370 | $22,840 | $2,850 | $19,990 |
| 2017 | $1,298 | $20,400 | $3,210 | $17,190 |
| 2016 | $1,288 | $20,400 | $3,210 | $17,190 |
| 2015 | $3,088 | $20,400 | $3,210 | $17,190 |
| 2014 | $1,124 | $18,880 | $2,970 | $15,910 |
| 2013 | $1,115 | $18,880 | $2,970 | $15,910 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/14/2026 08/14/26 | Price Changed | $158,750 | -3.8% | -- | |
| 05/28/2026 05/28/26 | Price Changed | $165,000 | -12.7% | -- | |
| 04/29/2026 04/29/26 | For Sale | $189,000 | +1159.9% | -- | |
| 11/27/2017 11/27/17 | Sold | $15,001 | -11.2% | $7 / Sq Ft | View Prior Sale |
| 09/25/2017 09/25/17 | Pending | -- | -- | -- | |
| 09/11/2017 09/11/17 | Price Changed | $16,900 | -10.6% | $8 / Sq Ft | |
| 08/21/2017 08/21/17 | Price Changed | $18,900 | -10.0% | $9 / Sq Ft | |
| 07/21/2017 07/21/17 | For Sale | $21,000 | -- | $10 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,050,000 | None Listed On Document | |
| Quit Claim Deed | -- | Liberty Title | |
| Deed | $50,000 | -- | |
| Deed | -- | -- | |
| Sheriffs Deed | -- | -- | |
| Warranty Deed | $85,000 | Attorney | |
| Warranty Deed | $15,000 | Attorney | |
| Sheriffs Deed | $25,000 | -- | |
| Deed | $37,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $765,000 | Credit Line Revolving | |
| Previous Owner | $243,750 | New Conventional | |
| Previous Owner | $37,500 | Commercial | |
| Previous Owner | $20,000 | New Conventional | |
| Previous Owner | $68,200 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $68,000 | Purchase Money Mortgage |
Source: MLS Now
MLS Number: 5205310
APN: 02-01-006-127-024
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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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