124 Washington Avenue, Lorain, OH 44052
- $93,500
- 4
- BD
- 2
- BA
- 1,858
- SqFt
- Sold Price
- $93,500
- List Price
- $105,000
- Status
- CLOSED
- Days on Market
- 72
- Closing Date
- Oct 22, 2025
- MLS#
- 5147398
- Subtype
- Residential
- Style
- Colonial
- Year Built
- 1900
- Bedrooms
- 4
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 1,858
- Acres
- 0.22
- Subdivision
- Charleston 01
- Neighborhood
- Charleston 01
- MLS Area Major
- Lorain
Property Description
Duplex-Style Income Property Near Lake Erie! Just one house down from the water, this single-family 3-bedroom, 1-bath home brings in $1,000/month in rent, while an attached 1-bedroom, 1-bath apartment adds an additional $450/month. With both units currently occupied, the property generates a total of $1,450/month in steady rental income, tenants paying all utilities! Located in a desirable Lorain neighborhood near the lake, this property offers strong cash flow and long-term tenant appeal. A great opportunity for investors seeking a multi-unit setup with proven rental history.
Additional Information
- Taxes
- $1,405
- Property Description
- Colonial
- Heating
- Forced Air, Gas
- Air Conditioning
- Ceiling Fan(s), Wall/Window Unit(s)
- Stories
- 2
- Levels
- Two
- Roof
- Asphalt
- Parking Features
- Unpaved
- School District
- Lorain CSD - 4709
Listing Courtesy of: Adin Homoelle, adinw04@gmail.com With RE/MAX Infinity
Selling Office: Keller Williams Elevate.Mortgage Calculator
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now and updated as of . Real estate listings held by brokerage firms other than Coldwell Banker Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 MLS Now. All Rights Reserved.