
1347 Massachusetts Ave Lorain, OH 44052
Estimated payment $769/month
Highlights
- Window Unit Cooling System
- Baseboard Heating
- West Facing Home
About This Home
Turnkey investment opportunity! This fully occupied duplex generates $1,420/month in total rent, delivering a solid $17,040 in gross annual income. Each unit features 2 bedrooms with month-to-month tenants in place, offering flexibility for future rent increases or owner-occupancy. Located in a convenient Lorain neighborhood, this property offers immediate cash flow and strong return potential from day one.
Listing Agent
Progressive Urban Real Estate Co Brokerage Email: omoreau@progressiveurban.com, 216-536-8535 License #2023002245 Listed on: 05/29/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,403
Year Built
- Built in 1978
Lot Details
- 5,663 Sq Ft Lot
- West Facing Home
Home Design
- Fiberglass Roof
- Asphalt Roof
- Aluminum Siding
Interior Spaces
- 1,728 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- Driveway
- Paved Parking
Utilities
- Window Unit Cooling System
- Baseboard Heating
Community Details
- Highview Park Sub #2 Subdivision
Listing and Financial Details
- The owner pays for trash collection, water
- Assessor Parcel Number 03-00-050-113-010
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/07/2025 08/07/25 | Pending | -- | -- | -- |
07/29/2025 07/29/25 | For Sale | $119,900 | 0.0% | $69 / Sq Ft |
07/28/2025 07/28/25 | Price Changed | $119,900 | -7.7% | $69 / Sq Ft |
07/15/2025 07/15/25 | Pending | -- | -- | -- |
07/10/2025 07/10/25 | Price Changed | $129,900 | 0.0% | $75 / Sq Ft |
07/10/2025 07/10/25 | For Sale | $129,900 | -3.7% | $75 / Sq Ft |
06/30/2025 06/30/25 | Pending | -- | -- | -- |
05/29/2025 05/29/25 | For Sale | $134,900 | +101.3% | $78 / Sq Ft |
05/26/2020 05/26/20 | Sold | $67,000 | -7.6% | $39 / Sq Ft |
04/16/2020 04/16/20 | Pending | -- | -- | -- |
04/09/2020 04/09/20 | For Sale | $72,500 | -- | $42 / Sq Ft |
Similar Homes in Lorain, OH
Source: MLS Now
MLS Number: 5117828

- 2029 G St
- 2216 Eastlawn St
- 2212 Randall St
- 423 Kansas Ave
- 1511 Nevada Ave
- 2637 Jackson St
- 0 Eastlawn St Unit 5106705
- 0 New Hampshire Ave
- 0 New Hampshire Ave
- 1623 Nevada Ave
- 2500 S Jefferson Blvd
- 2735 Larkmoor St
- 2520 S Jefferson Blvd
- 431 Idaho Ave
- 2235 E Erie Ave
- 2837 Wilson St
- 2846 Lincoln St
- 413 Nebraska Ave
- 2817 Mckinley St
- 955 G St