Don't miss out on this solid portfolio of 14 single Family homes, located in Lorain, OH, that's 100% occupied with Long term tenants all built in 2007. 4 of the tenants have been there since 2007, the newest tenant since 2019. Seven 3 bedrooms 1.5 Baths & Seven 4 bedrooms 2.5 bathroom homes with full basements all with 2 car garages. Priced to sell as a package just under 86k each, homes are valued at approx 130-135k.
Howard HannaLicense #2001020944Listed on: 09/22/2025
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$1,847
Year Built
Built in 2007
Lot Details
Corner Lot
Private Yard
Home Design
Shingle Roof
Vinyl Siding
Interior Spaces
2-Story Property
Basement Fills Entire Space Under The House
Dishwasher
Electric Dryer Hookup
Parking
2 Parking Spaces
Driveway
Utilities
Forced Air Heating and Cooling System
Heating System Uses Natural Gas
Water Heater
Listing and Financial Details
The owner pays for exterior maintenance, repairs, sewer, taxes, water
Assessor Parcel Number 0201003154013 - See EXHIBIT A
Community Details
Overview
14 Buildings
14 Units
Building Details
14 Leased Units
Net Operating Income $12,526
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$1,847
Year Built
Built in 2007
Lot Details
0
Listing Details
Property Type: Residential Income
Property Sub Type: Apartment
Year Built: 2007
Lot Size: n/a
Subdivision Name: None
Carport Y N: No
Special Features: 4224
Interior Features
Number Of Buildings: 14
Owner Pays: Exterior Maintenance, Repairs, Sewer, Taxes, Water
Has Basement: Full
Basement YN: Yes
Stories: 2
Exterior Features
Roof: Shingle
Lot Features: Corner Lot
Disclosures: Property Disclosure
Construction Type: Vinyl Siding
Exterior Features: Private Yard
Garage/Parking
Attached Garage: No
Parking Features: Concrete, Driveway
Total Parking Spaces: 2.0
Utilities
Heating: Forced Air, Natural Gas
Utilities: Cable Connected
Sewer: Sanitary Sewer, Storm Sewer
Appliances: Dishwasher, Water Heater, Gas Range Connection, Refrigerator
Cooling: Central Air
Laundry Features: Electric Dryer Hookup
Cooling Y N: Yes
Heating Yn: Yes
Electric: Circuit Breakers
Water Source: Public
Schools
Junior High Dist: Other
Lot Info
Parcel #: 0201003154013 - See EXHIBIT A
Rental Info
Lease Term: ["12 Months"]
Tenant Pays: Electricity, Gas, Lawn Care
Multi Family
Net Operating Income: 12526.0
Number Of Units Total: 14
Number Of Units Leased: 14
Total Actual Rent: 12526.0
MLS Schools
Elementary School: Other
HighSchool: Other
Map
Range of Values:
Collateral Analytics
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ICE
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First American
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Quantarium
Quantarium
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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
$1,847
$43,701
$1,925
$41,776
2023
$2,400
$45,430
$1,712
$43,719
2022
$90
$1,712
$1,712
$0
2021
$90
$1,712
$1,712
$0
2020
$91
$1,510
$1,510
$0
2019
$91
$1,510
$1,510
$0
2018
$99
$1,510
$1,510
$0
2017
$105
$1,700
$1,700
$0
2016
$104
$1,700
$1,700
$0
2015
$101
$1,700
$1,700
$0
2014
$94
$1,580
$1,580
$0
2013
$93
$1,580
$1,580
$0
Source: Public Records
Property History
Date
Event
Price
List to Sale
Price per Sq Ft
09/22/202509/22/25
For Sale
$1,200,000
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Source: Northwest Ohio Real Estate Information Service (NORIS)
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Source: Northwest Ohio Real Estate Information Service (NORIS)
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