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$189,000

  • For Sale
  • Active
  • Duplex
  • 6 Beds
  • 2 Full Baths
  • 0.09 Acres
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Performing rental property with consistent returns at 1339 Washington Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This fully occupied duplex produces strong, consistent cash flow with rents of $1,100 and $1,250 per month, both secured through leases expiring 3/31/27, providing long-term income stability. Tenants are responsible for all utilities, helping to minimize owner expenses and maximize returns. The property offers a functional layout with solid rental demand in the area, making it a dependable addition to a larger portfolio. Ideal for investors seeking stable, predictable income, this asset contributes to a well-performing, income-producing portfolio.

Full Property Details for 1339 Washington Ave

General

  • Price: $189,000
  • Taxes: $1,288 (2024)
  • Status: Active
  • Type: Duplex
  • Source: 505
  • MLS ID: 5205310
  • Updated: 4/29/2026
  • Added to Site: 27 day(s) ago

Interior

  • Number of Rooms: 10

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 6

Parking

  • Parking Features: None

Location

  • County: Lorain
  • Township: Lorain
  • Subdivision: Chamberlain
  • Driving Directions: Lorain County

School Information

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

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Other

Utilities

  • Sewer: Other
  • Water: Other

Structural Information

  • # Buildings: 1
  • Construction: Other
  • Basement: Yes
  • Basement Desc.: Other
  • Roof: Other
  • Stories/Levels: 2
  • Year Built: 1900
  • Year Built Source: Appraiser

Lot Features

  • Lot Size (Acres): 0.09
  • Lot Size: .09
  • Lot Size Source: Appraiser

Financial Considerations

  • Tax Amount: $1,288
  • Tax Year: 2024

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: CHAMBERLAIN 50.52 X 74.92
  • Property ID: 02-01-006-127-024

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

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Listing agents

— 1339 Washington 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 1339 Washington Ave

School District:Lorain City School District
NameGradesDistance
Hawthorne Elementary School, Lorain, OH
610 West 20th Street, Lorain, OH 44052
K-60.4 mi
General Johnnie Wilson Middle School
2700 Washington Avenue, Lorain, OH 44052
7-80.7 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 1339 Washington Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/29/2026
Listed
$189,000
-82%
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 1339 Washington Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,355
-1%
$32,078
24%
2023
$1,365
-4%
$25,834
—
2022
$1,421
5%
$25,830
—
2021
$1,353
-2%
$25,830
13%
2020
$1,377
1%
$22,840
—
2019
$1,370
—
$22,841
—
2018
$1,370
6%
$22,841
12%
2017
$1,298
1%
$20,391
—
2016
$1,288
6%
$20,391
—
2015
$1,217
8%
$20,391
8%
2014
$1,124
1%
$18,879
—
2013
$1,115
—
$18,879
—
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.

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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

1339 Washington Avenue, Lorain, OH 44052 (MLS# 5205310) is a Duplex property with 6 bedrooms and 2 full bathrooms. 1339 Washington Avenue is currently listed for $189,000 and was received on April 29, 2026. Want to learn more about 1339 Washington 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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