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$129,900

  • Sold
  • Closed
  • Triplex
  • 3 Beds
  • 3 Full Baths
  • 0.12 Acres
See This Home
Save This Home
See This Home
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Remarkable Triplex located just minutes from Lake Erie and the massive improvements happening along Lorain's inner corridor on Broadway. Among the improvements made, a new roof installation in 2025 and upgraded sewer stack in 2024. Each unit is a 1 bedroom / 1 bath with the owner paying water, trash, and sewer. Tenants pay the remainders of the utilities. The City of Lorain has made significant improvements to the downtown area over the past 5-7 years and this improvement shows no signs of slowing down! Be a part of history and pick up this ideally located Triplex on Washington Ave before the area truly kicks off!!!!

Full Property Details for 516 Washington Ave

General

  • Sold For: $129,900
  • Taxes: $1,710 (2024)
  • Status: Closed
  • Type: Triplex
  • Source: 505
  • MLS ID: 5152414
  • Added to Site: 94 day(s) ago

Interior

  • Number of Rooms: 10

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 3

Parking

  • Parking Features: Driveway

Location

  • County: Lorain
  • Township: Lorain
  • Subdivision: Charleston
  • Driving Directions: West Erie to Washington

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: Electric, Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • # Buildings: 1
  • Construction: Wood Siding
  • Basement: Yes
  • Basement Desc.: Full
  • Roof: Asphalt, Fiberglass
  • Year Built: 1900
  • Year Built Source: Public Records

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Size: .12
  • Lot Size Source: Assessor

Financial Considerations

  • Tax Amount: $1,710
  • Tax Year: 2024
  • Terms: Cash, Conventional, 1031 Exchange, VA Loan

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: ORIGINAL PLAT OF CHARLESTON 40 X 132
  • Property ID: 02-01-005-108-007

Listed by Walnut Creek Realty, LLC., Matthew P Klein
Sold by Russell Real Estate Services, James C Cain

Listing agent

— 516 Washington Ave —

  • Matthew P Klein

    Walnut Creek Realty, LLC.

216-785-2345, 216-785-2345

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 516 Washington Ave

School District:Lorain City School District
NameGradesDistance
Admiral King Elementary School
720 Washington Avenue, Lorain, OH 44052
K-60.2 mi
Longfellow Middle School
305 Louisiana Avenue, Lorain, OH 44052
7-81.4 mi
Lorain High School
2600 Ashland Avenue, Lorain, OH 44052
9-121.4 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 516 Washington Ave

Date
Details
Price
Change
Source
11/13/2025
Sold
$129,900
—
MLS
10/16/2025
Listed
$129,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Walnut Creek Realty, LLC., Matthew P Klein
Sold by Russell Real Estate Services, James C Cain

516 Washington Avenue, Lorain, OH 44052 (MLS# 5152414) is a Triplex property that was sold at $129,900 on November 13, 2025. Want to learn more about 516 Washington Avenue? Do you have questions about finding other Triplex real estate for sale in Lorain? You can browse all Lorain real estate or contact a Coldwell Banker agent to request more information.