1702 Lexington Ave Lorain, OH 44052
Estimated payment $856/month
About This Home
Welcome to 1702 Lexington Ave in Lorain, Ohio—a fully occupied duplex that delivers immediate income from day one. Both units are leased at $850 per month, creating strong, predictable cash flow with built-in upside. The upper unit is locked in through August 2026, providing long-term stability, while the lower unit is month-to-month, giving you flexibility to adjust rents or reposition the asset. This is the kind of property investors want: stable, performing, and easy to step into.
Whether you’re scaling a portfolio or securing a solid standalone investment, this duplex checks the boxes—tenants in place, income on the books, and zero downtime. Opportunities like this don’t wait. Neither should you.
Listing Agent
Gentile Real Estate LLC Brokerage Email: vsenauskas12@gmail.com, 330-304-9626 License #2018000713 Listed on: 01/22/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,253
Year Built
- Built in 1900
Lot Details
- 3,920 Sq Ft Lot
Home Design
- Fiberglass Roof
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,441 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- Medical Services
Listing and Financial Details
- Assessor Parcel Number 02-01-003-145-010
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $1,068 | $25,270 | $1,386 | $23,884 |
| 2023 | $978 | $18,522 | $1,232 | $17,290 |
| 2022 | $970 | $18,522 | $1,232 | $17,290 |
| 2021 | $970 | $18,522 | $1,232 | $17,290 |
| 2020 | $988 | $16,380 | $1,090 | $15,290 |
| 2019 | $982 | $16,380 | $1,090 | $15,290 |
| 2018 | $983 | $16,380 | $1,090 | $15,290 |
| 2017 | $725 | $11,390 | $1,230 | $10,160 |
| 2016 | $719 | $11,390 | $1,230 | $10,160 |
| 2015 | $679 | $11,390 | $1,230 | $10,160 |
| 2014 | $627 | $10,540 | $1,130 | $9,410 |
| 2013 | $623 | $10,540 | $1,130 | $9,410 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/22/2026 01/22/26 | For Sale | $130,000 | -- | $90 / Sq Ft |
Source: MLS Now
MLS Number: 5174739
APN: 02-01-003-145-010
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