1150 W 5th Street, Lorain, OH 44052
- $230,000
- 12
- BD
- 4
- BA
- 3,900
- SqFt
- Sold Price
- $230,000
- List Price
- $249,900
- Status
- CLOSED
- Days on Market
- 159
- Closing Date
- Dec 15, 2025
- MLS#
- 5138207
- Subtype
- Residential Income
- Year Built
- 1900
- Bedrooms
- 12
- Bathrooms
- 4
- Full Baths
- 4
- Living Area
- 3,900
- Acres
- 0.16
- Subdivision
- Charleston
- Neighborhood
- Charleston
- MLS Area Major
- Lorain
Property Description
1150 West 5th Street in Lorain is a solid investment opportunity for anyone looking to add value and grow their rental portfolio. This four-unit property features spacious layouts, with each unit offering three bedrooms and one bathroom at just under 1,000 square feet. While it is a fixer-upper in need of renovation, it provides the ideal blank slate to customize and increase future rental income. Each unit includes a private basement for tenant storage and convenient on-site parking. The location is a major highlight, with close proximity to downtown Lorain, Black River Landing for concerts and events, and less than half a mile from beautiful Lake Erie. With strong potential in an area poised for continued growth, 1150 West 5th Street is ready for an investor with vision to make it shine.
Additional Information
- Taxes
- $3,525
- Heating
- Gas
- Air Conditioning
- None
- Stories
- 2
- Levels
- Two
- Roof
- Asphalt
- Parking Features
- On Site
- School District
- Lorain CSD - 4709
Listing Courtesy of: Jeffrey McManamon, jeff@hotdoors.com With Hotdoors, LLC
Selling Office: RE/MAX Revealty.Mortgage Calculator
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