4323 Marshall Ave Lorain, OH 44053
Estimated payment $1,515/month
Highlights
- City View
- Double Pane Windows
- Forced Air Heating and Cooling System
- 2 Car Attached Garage
- Recessed Lighting
- Wood Siding
About This Home
Great investment opportunity in Lorain. This well-maintained duplex offers two spacious units, each with 2 bedrooms and 1 full bath, and a back deck. The upper unit rents for $1,150 and the lower unit for $1,250, bringing in a total of $2,400 per month in rental income. Over $30,000 in improvements have been made within the last year, including an updated bathroom, fresh paint throughout the walls, doors, and trim, and updated landscaping that adds great curb appeal. The property sits in a convenient location close to Home Depot, Walmart, Kohl's, Applebee's, Pulp Smoothies, and several other shopping and dining options. It's also near major roads for an easy commute. With strong rental income, modern updates, and minimal maintenance needs, this duplex is ready to perform from day one. Schedule your showing today and see why this one stands out.
Listing Agent
Civitas Real Estate Group Brokerage Email: 440-739-0533, listwithjonathan@gmail.com License #2023004966 Listed on: 10/09/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,230
Year Built
- Built in 1970
Lot Details
- 9,148 Sq Ft Lot
Parking
- 2 Car Attached Garage
Home Design
- Brick Exterior Construction
- Wood Siding
Interior Spaces
- 2-Story Property
- Recessed Lighting
- Double Pane Windows
- City Views
- Fire and Smoke Detector
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Community Details
- Forest Hill Sub Subdivision
Listing and Financial Details
- The owner pays for insurance, taxes, water
- Assessor Parcel Number 02-02-007-109-033
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 | $2,945 | $69,703 | $9,909 | $59,794 |
| 2023 | $2,295 | $43,439 | $11,963 | $31,476 |
| 2022 | $2,275 | $43,439 | $11,963 | $31,476 |
| 2021 | $2,275 | $43,439 | $11,963 | $31,476 |
| 2020 | $2,229 | $36,970 | $10,180 | $26,790 |
| 2019 | $2,189 | $36,970 | $10,180 | $26,790 |
| 2018 | $2,190 | $36,970 | $10,180 | $26,790 |
| 2017 | $1,827 | $29,090 | $10,070 | $19,020 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/01/2026 03/01/26 | For Sale | $235,000 | 0.0% | $117 / Sq Ft | |
| 11/28/2025 11/28/25 | Off Market | $235,000 | -- | -- | |
| 11/16/2025 11/16/25 | Off Market | $1,250 | -- | -- | |
| 10/14/2025 10/14/25 | For Rent | $1,250 | 0.0% | -- | |
| 10/09/2025 10/09/25 | For Sale | $235,000 | 0.0% | $117 / Sq Ft | |
| 08/15/2024 08/15/24 | For Rent | $1,250 | 0.0% | -- | |
| 08/05/2024 08/05/24 | Sold | $205,000 | 0.0% | $96 / Sq Ft | View Prior Sale |
| 07/26/2024 07/26/24 | Off Market | $205,000 | -- | -- | |
| 06/14/2024 06/14/24 | Price Changed | $225,000 | -8.1% | $106 / Sq Ft | |
| 05/31/2024 05/31/24 | Price Changed | $244,900 | -5.3% | $115 / Sq Ft | |
| 04/26/2024 04/26/24 | For Sale | $258,500 | -- | $121 / Sq Ft |
Source: MLS Now
MLS Number: 5163409
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Ask me questions while you tour the home.