1036 Oberlin AVE, Lorain, OH 44052
$135,000
Est. payment /mo
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4 Beds
2 Baths
5,227 Sqft Lot
Price Dropped by $29K

1036 Oberlin AVE Lorain, OH 44052

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Emily Shortall

Emily Shortall

+1(740) 994-5131

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Waterbury Sub #6/Part/Original

MLS Listing ID 5205320

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1920

Annual Tax Amount $1,437

Tax Year 2025

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Duplex

Stories One and One Half

Story One and One Half

Property Description

Partially leased property offering strong income growth potential at 1036 Oberlin Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This duplex-style property features one occupied unit generating $1,125 month-to-month, while the second unit is currently vacant, providing immediate upside through lease-up. Utilities are structured with the tenant paying electric and the owner responsible for water, sewer, and trash. The property offers a functional layout with solid rental demand in the area, making it well-suited for continued income production. Ideal for investors seeking to expand their portfolio with a value-add component, this asset contributes to a larger package with built-in cash flow and long-term growth potential.
Multiple properties must be purchased.  Singular properties will not be considered.  Reach out to co-listing agent for details.

Location

State OH

County Lorain

Rooms

Basement Other

Interior

Heating Other

Cooling Other

Fireplace No

Exterior

Parking Features Detached, Garage

Garage Spaces 1.0

Garage Description 1.0

Water Access Desc Other

Roof Type Other

Private Pool No

Building

Sewer Other

Water Other

Level or Stories One and One Half

Schools

School District Lorain Csd - 4709

Others

Tax ID 02-02-026-118-026

Special Listing Condition Standard

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Tal Tamir • Russell Real Estate Services • tal@premierclevelandinvesting.com, 216-870-8687

NEARBY SCHOOL & BUSINESS

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Emily Shortall

Emily Shortall

Broker Associate, Agent | OH & WV | License ID: 2015000549,WV0029886

+1(740) 994-5131

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1036 Oberlin AVE

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