Date
Details
Price
Change
Source
7/23/2026
Listed
$169,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/27
$169,000 Sale Pending
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/27
Property Description
ATTENTION INVESTORS AND ENTREPRENEURS!!! Located in the heart of Lorain, this spacious duplex at 2514 Reid Ave. offers an excellent investment opportunity with nearly 2,000 square feet of living space and reliable rental income! Both units are currently occupied, generating just under $2,000 per month in gross income. The lower unit features 3 bedrooms, 1 full bath, a spacious living room, dining room, and full kitchen, while the upper unit offers 2 bedrooms, 1 full bath, a living room, dining room, and full kitchen. A full, dry basement provides two separate laundry areas along with abundant storage space for tenants. Additional investor-friendly features include separate gas and electric meters, with the owner currently paying water, sewer, and trash. Outside, you'll find a fenced backyard, adding even more appeal for tenants. Whether you're looking to expand your rental portfolio or make your first investment purchase, this income-producing property is one you won't want to miss. Call today for more information! *Showings allowed after accepted offer. Please do not disturb the tenants.
Full Property Details
Full Property Details for 2514 Reid Ave
General
- Price: $169,000
- Taxes: $1,963 (2025)
- Status: Pending
- Type: Duplex
- Source: 505
- MLS ID: 5229898
- Updated: 8/31/2026
- Added to Site: 39 day(s) ago
Interior
- Number of Rooms: 12
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: In Basement
Exterior
- Exterior Features: Private Yard
Parking
- Parking Features: Driveway
Location
- County: Lorain
- Township: Lorain
- Driving Directions: Broadway Ave to Reid ave. go south and property will be on your right hand side
School Information
- Elem School District: Lorain CSD - 4709
- Midd School District: Lorain CSD - 4709
- High School District: Lorain CSD - 4709
Heating & Cooling
- Cooling Type: Ceiling Fan(s)
- Heating Type: Forced Air, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Concrete
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt, Fiberglass
- Stories/Levels: 2
- Square Feet: 1,952
- Living Area: 1,952 Sq. Ft.
- Finished Above Grnd: 1,952 Sq. Ft.
- Year Built: 1900
- Year Built Source: Public Records
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.14
- Lot Size: .14
- Lot Size Source: Public Records
- Lot Features: Flat, Level
- Fencing (Description): Chain Link
Financial Considerations
- Tax Amount: $1,963
- Tax Year: 2025
- Terms: Cash, Conventional
- Owner Pays: Taxes, Water
- Tenant Pays: Cable TV, Electricity, Gas, Heat, Insurance, Internet, Telephone
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: BRASS CCO 48.00 X 135.00 LOT # 176
- Property ID: 02-01-003-187-018
Listed by Russell Real Estate Services, Steven Lawson
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 2514 Reid Ave —
Steven Lawson
Russell Real Estate Services
stevelawson@superstevesells.com, 440-320-9888
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 2514 Reid Ave
School District:Lorain City School District
| Name | Grades | Distance |
|---|---|---|
Garfield Elementary School, Lorain, OH 200 West 31st Street, Lorain, OH 44055 | PK-6 | 0.3 mi |
General Johnnie Wilson Middle School 2700 Washington Avenue, Lorain, OH 44052 | 7-8 | 0.6 mi |
Lorain High School 2600 Ashland Avenue, Lorain, OH 44052 | 9-12 | 1.1 mi |
New Beginnings 2600 Ashland Avenue, Lorain, OH 44052 | 5-12 | 1.1 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 2514 Reid Ave
Tax History
Tax History for 2514 Reid Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,286
20%
$32,022
58%
2023
$1,069
1%
$20,230
—
2021
$1,060
-5%
$20,230
—
2022
$1,113
3%
$20,230
13%
2020
$1,079
1%
$17,890
—
2019
$1,073
—
$17,889
—
2018
$1,073
11%
$17,889
18%
2017
$963
1%
$15,145
—
2016
$956
6%
$15,145
—
2015
$903
8%
$15,145
8%
2014
$834
1%
$14,025
—
2013
$828
—
$14,025
—
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 2514 Reid Ave
2514 Reid Avenue, Lorain, OH 44052 (MLS# 5229898) is a Duplex property with 5 bedrooms and 2 full bathrooms. 2514 Reid Avenue is currently listed for $169,000 and was received on July 23, 2026. Want to learn more about 2514 Reid 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.