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$164,000

  • For Sale
  • Active
  • Duplex
  • 4 Beds
  • 2 Full Baths
  • 0.12 Acres
  • 1 Car Garage
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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.

Full Property Details for 1036 Oberlin Ave

General

  • Price: $164,000
  • Taxes: $1,437 (2025)
  • Status: Active
  • Type: Duplex
  • Source: 505
  • MLS ID: 5205320
  • Updated: 4/29/2026
  • Added to Site: 27 day(s) ago

Interior

  • Number of Rooms: 8

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Detached, Garage

Location

  • County: Lorain
  • Township: Lorain
  • Subdivision: Waterbury Sub #6/Part/Original
  • Driving Directions: Lorain

School Information

  • Elem School District: Lorain CSD - 4709
  • Midd School District: Lorain CSD - 4709
  • High School District: Lorain CSD - 4709

Heating & Cooling

  • Cooling Type: Other
  • Heating Type: Other

Utilities

  • Sewer: Other
  • Water: Other

Structural Information

  • # Buildings: 1
  • Construction: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Other
  • Roof: Other
  • Year Built: 1920
  • Year Built Source: Appraiser

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Size: .12
  • Lot Size Source: Appraiser

Financial Considerations

  • Tax Amount: $1,437
  • Tax Year: 2025

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: BROWNELL 41 X 132 S/L 3
  • Property ID: 02-02-026-118-026

Listed by Russell Real Estate Services, Tal Tamir and Russell Real Estate Services, Benjamin Peleg

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Listing agents

— 1036 Oberlin Ave —

  • Tal Tamir

    Russell Real Estate Services

  • Benjamin Peleg

    Russell Real Estate Services

tal@premierclevelandinvesting.com, 216-870-8687

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1036 Oberlin Ave

School District:Lorain City School District
NameGradesDistance
Admiral King Elementary School
720 Washington Avenue, Lorain, OH 44052
K-60.4 mi
General Johnnie Wilson Middle School
2700 Washington Avenue, Lorain, OH 44052
7-80.9 mi
Lorain High School
2600 Ashland Avenue, Lorain, OH 44052
9-120.9 mi
New Beginnings
2600 Ashland Avenue, Lorain, OH 44052
5-120.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1036 Oberlin Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/29/2026
Listed
$164,000
-84.38%
MLS
8/04/2023
Sold
$1,050,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1036 Oberlin Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,512
32%
$35,791
65%
2023
$1,149
1%
$21,757
—
2022
$1,139
5%
$21,760
5%
2021
$1,081
-6%
$20,640
13%
2020
$1,156
6%
$18,250
—
2019
$1,094
—
$18,253
—
2018
$1,095
-29%
$18,253
-25%
2017
$1,544
1%
$24,259
—
2016
$1,532
6%
$24,259
—
2015
$1,447
8%
$24,259
8%
2014
$1,337
70%
$22,460
—
2013
$788
—
$22,460
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1036 Oberlin Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Russell Real Estate Services, Tal Tamir and Russell Real Estate Services, Benjamin Peleg

1036 Oberlin Avenue, Lorain, OH 44052 (MLS# 5205320) is a Duplex property with 4 bedrooms and 2 full bathrooms. 1036 Oberlin Avenue is currently listed for $164,000 and was received on April 29, 2026. Want to learn more about 1036 Oberlin Avenue? Do you have questions about finding other Duplex real estate for sale in Lorain? You can browse all Lorain real estate or contact a Coldwell Banker agent to request more information.

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