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$167,000

  • For Sale
  • Active
  • Duplex
  • 4 Beds
  • 2 Full Baths
  • 0.09 Acres
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Established rental property with ongoing income at 1347 Washington Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. Both units are currently occupied, with one renting for $1,199 on a month-to-month lease and the second generating $1,100 with a lease in place through 5/31/26, providing immediate cash flow. Utilities are structured with tenants responsible for electric and gas, while the owner covers water, sewer, and trash. The property features a functional layout with consistent rental demand in the area, supporting strong occupancy. A solid addition to a larger portfolio, this asset contributes reliable income within a diversified, income-producing package.

Full Property Details for 1347 Washington Ave

General

  • Price: $167,000
  • Taxes: $1,012 (2025)
  • Status: Active
  • Type: Duplex
  • Source: 505
  • MLS ID: 5205321
  • 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

  • Parking Features: None

Location

  • County: Lorain
  • Township: Lorain
  • Subdivision: Chamberlain
  • 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: 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: $1,012
  • Tax Year: 2025

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: CHAMBERLAIN 54.50 X 75 LAND CONTRACT 5/2/17 20170628019
  • Property ID: 02-01-006-127-025

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

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Listing agents

— 1347 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 1347 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 1347 Washington Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/29/2026
Listed
$167,000
160.94%
MLS
2/09/2024
Sold
$64,000
—
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 1347 Washington Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,066
-6%
$25,218
18%
2023
$1,131
1%
$21,403
—
2022
$1,121
—
$21,400
—
2021
$1,121
-2%
$21,400
13%
2020
$1,141
1%
$18,930
—
2019
$1,135
—
$18,925
—
2018
$1,135
12%
$18,925
18%
2017
$1,017
1%
$15,985
—
2016
$1,009
6%
$15,985
—
2015
$954
8%
$15,985
8%
2014
$881
1%
$14,798
—
2013
$874
—
$14,798
—
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

1347 Washington Avenue, Lorain, OH 44052 (MLS# 5205321) is a Duplex property with 4 bedrooms and 2 full bathrooms. 1347 Washington Avenue is currently listed for $167,000 and was received on April 29, 2026. Want to learn more about 1347 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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