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$93,500
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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.
Full Property Details
Full Property Details for 124 Washington Ave
General
- Sold For: $93,500
- Taxes: $1,405 (2024)
- Status: Closed
- Type: Single Family
- Source: 505
- MLS ID: 5147398
- Added to Site: 95 day(s) ago
Interior
- Number of Rooms: 7
- Fireplace: Yes
- Number of Fireplaces: 1
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 4
Parking
- Parking Features: Unpaved
Location
- County: Lorain
- Township: Lorain
- Subdivision: Charleston 01
- Driving Directions: right onto Washington, USE GPS
School Information
- Elem School District: Lorain CSD - 4709
- Midd School District: Lorain CSD - 4709
- High School District: Lorain CSD - 4709
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Wall/Window Unit(s)
- Heating Type: Forced Air, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Colonial
- Construction: Wood Siding
- Basement: Yes
- Basement Desc.: Full
- Roof: Asphalt
- Stories/Levels: 2
- Square Feet: 1,858
- Living Area: 1,858 Sq. Ft.
- Finished Above Grnd: 1,858 Sq. Ft.
- Year Built: 1900
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.22
- Lot Size: .22
- Lot Size Source: Public Records
Financial Considerations
- Tax Amount: $1,405
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: OPC 50 X 194 S/L 76
- Property ID: 02-01-006-103-015
Listed by RE/MAX Infinity, Adin Homoelle
Sold by Keller Williams Elevate, Tammy S Martin
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Schools
Schools serving 124 Washington Ave
School District:Lorain City School District
| Name | Grades | Distance |
|---|---|---|
Admiral King Elementary School 720 Washington Avenue, Lorain, OH 44052 | K-6 | 0.4 mi |
Longfellow Middle School 305 Louisiana Avenue, Lorain, OH 44052 | 7-8 | 1.4 mi |
Lorain High School 2600 Ashland Avenue, Lorain, OH 44052 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 124 Washington Ave
Date
Details
Price
Change
Source
10/22/2025
Sold
$93,500
-10.95%
MLS
10/16/2025
Listed
$105,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
124 Washington Avenue, Lorain, OH 44052 (MLS# 5147398) is a Single Family property that was sold at $93,500 on October 22, 2025. Want to learn more about 124 Washington Avenue? Do you have questions about finding other Single Family real estate for sale in Lorain? You can browse all Lorain real estate or contact a Coldwell Banker agent to request more information.
