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$54,000
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Property Description
Here is your chance to become a real estate investor overnight! This 2-bedroom, 1-bath home in Lorain offers an excellent opportunity to generate immediate rental income in a convenient location near schools, shopping, dining, and major roadways. Built in 1930, the property retains its charming original wood windows while featuring newer LVP flooring throughout the living room, dining room, hallway, bathroom, and bedrooms-reducing immediate maintenance needs. The fully fenced backyard provides privacy and tenant appeal, with additional value-add potential for investors through the addition of a detached garage or outdoor improvements. The basement is equipped with glass block windows and an updated hot water tank (2024), enhancing the property's functionality and value. Currently tenant-occupied at $950/month on a month-to-month lease, with tenants responsible for all utilities and expenses, this property delivers immediate cash flow with minimal landlord involvement. Sold as-is, it's perfect for investors seeking a turnkey rental or a stable income property in a solid rental market. Full-service property management available with dedicated departments for leasing, marketing, and tenant communication-ideal for remote investors! Reach out to learn more!
Full Property Details
Full Property Details for 1336 Lakeview Ave
General
- Sold For: $54,000
- Taxes: $1,007 (2024)
- Status: Closed
- Type: Single Family
- Source: 505
- MLS ID: 5165323
- Added to Site: 91 day(s) ago
Interior
- Number of Rooms: 4
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main: 2
Other Rooms
- Laundry: In Basement
Parking
- Garage: Yes
- Parking Features: Driveway
Location
- County: Lorain
- Township: Lorain
- Subdivision: Lake View Allotment
- Driving Directions: Off of Grand Army of the Republic Hwy, between Madison Ave and N Leavitt Rd
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: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Ranch
- Construction: Aluminum Siding
- Basement: Yes
- Basement Desc.: Full
- Roof: Asphalt, Shingle
- Stories/Levels: 1
- Square Feet: 709
- Living Area: 709 Sq. Ft.
- Finished Above Grnd: 709 Sq. Ft.
- Year Built: 1930
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.09
- Lot Size: .09
- Lot Size Source: Assessor
- Fencing (Description): Full
Financial Considerations
- Tax Amount: $1,007
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: LAKEVIEW 40 X 100
- Disclosures/Rstr.: Principal is Real Estate Licensed
- Property ID: 02-02-023-105-035
Listed by RE/MAX Haven Realty, Michael Azzam
Sold by Howard Hanna, Melissa A Porter
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Schools
Schools serving 1336 Lakeview Ave
School District:Lorain City School District
| Name | Grades | Distance |
|---|---|---|
Admiral King Elementary School 720 Washington Avenue, Lorain, OH 44052 | K-6 | 1.3 mi |
General Johnnie Wilson Middle School 2700 Washington Avenue, Lorain, OH 44052 | 7-8 | 1.4 mi |
Lorain High School 2600 Ashland Avenue, Lorain, OH 44052 | 9-12 | 0.9 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 1336 Lakeview Ave
Date
Details
Price
Change
Source
1/02/2026
Sold
$54,000
-10%
MLS
10/16/2025
Listed
$60,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1336 Lakeview Avenue, Lorain, OH 44053 (MLS# 5165323) is a Single Family property that was sold at $54,000 on January 02, 2026. Want to learn more about 1336 Lakeview 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.
