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$130,000
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Property Description
Welcome to 1702 Lexington Ave in Lorain, Ohio-a fully occupied duplex that delivers immediate income from day one. Both units are leased at $850 per month, creating strong, predictable cash flow with built-in upside. The upper unit is locked in through August 2026, providing long-term stability, while the lower unit is month-to-month, giving you flexibility to adjust rents or reposition the asset. This is the kind of property investors want: stable, performing, and easy to step into. Whether you're scaling a portfolio or securing a solid standalone investment, this duplex checks the boxes-tenants in place, income on the books, and zero downtime. Opportunities like this don't wait. Neither should you.
Full Property Details
Full Property Details for 1702 Lexington Ave
General
- Price: $130,000
- Taxes: $2,253 (2025)
- Status: Active
- Type: Duplex
- Source: 505
- MLS ID: 5174739
- Updated: 3/11/2026
- Added to Site: 68 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Parking
- Parking Features: Other
Location
- County: Lorain
- Township: Lorain
- Driving Directions: W 17th to Lexington
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: Forced Air, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt, Fiberglass
- Stories/Levels: 2
- Square Feet: 1,441
- Living Area: 1,441 Sq. Ft.
- Finished Above Grnd: 1,441 Sq. Ft.
- Year Built: 1900
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.09
- Lot Size: .09
- Lot Size Source: Public Records
Financial Considerations
- Tax Amount: $2,253
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Disclosures/Rstr.: Principal is Real Estate Licensed
- Property ID: 02-01-003-145-010
Listed by Gentile Real Estate LLC, Vince Senauskas
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Schools
Schools serving 1702 Lexington Ave
School District:Lorain City School District
| Name | Grades | Distance |
|---|---|---|
Hawthorne Elementary School, Lorain, OH 610 West 20th Street, Lorain, OH 44052 | K-6 | 0.2 mi |
General Johnnie Wilson Middle School 2700 Washington Avenue, Lorain, OH 44052 | 7-8 | 0.8 mi |
Lorain High School 2600 Ashland Avenue, Lorain, OH 44052 | 9-12 | 1.2 mi |
New Beginnings 2600 Ashland Avenue, Lorain, OH 44052 | 5-12 | 1.2 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 1702 Lexington Ave
Date
Details
Price
Change
Source
1/23/2026
Listed
$130,000
100%
MLS
11/29/2005
Sold
$65,000
—
Public Record
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
Tax History for 1702 Lexington Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,068
9%
$25,270
36%
2023
$978
1%
$18,522
—
2021
$970
—
$18,520
—
2022
$970
-2%
$18,520
13%
2020
$988
1%
$16,380
—
2019
$982
—
$16,377
—
2018
$983
36%
$16,377
44%
2017
$725
1%
$11,386
—
2016
$719
6%
$11,386
—
2015
$679
8%
$11,386
8%
2014
$627
1%
$10,542
—
2013
$623
—
$10,542
—
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
Estimate the Cost for 1702 Lexington Ave
1702 Lexington Avenue, Lorain, OH 44052 (MLS# 5174739) is a Duplex property with 4 bedrooms and 2 full bathrooms. 1702 Lexington Avenue is currently listed for $130,000 and was received on January 23, 2026. Want to learn more about 1702 Lexington 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.
