Date
Details
Price
Change
Source
10/02/2026
Listed
$220,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$220,000
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Property Description
Great Investment Opportunity in Lorain! Discover the potential of this well-located triplex, offering three separate living units and an excellent opportunity to generate rental income while building long-term investment value. The property features two lower-level units and one spacious upstairs unit: Upstairs Unit: 3 bedrooms and 1.5 bathrooms, Lower Front Unit: 2 bedrooms and 2 bathrooms, Lower Rear Unit: 1 bedroom and 2 bathrooms. The property has seen several recent updates, including nearly all replacement windows installed in 2022 and a new flat roof installed in 2023. Additional property features include a common basement laundry room and a detached two-car garage in the rear, providing valuable off-street parking and additional storage. Conveniently located near local amenities, shopping, dining, and major roadways, this property offers plenty of possibilities for investors. Whether you're an experienced investor looking to expand your portfolio or an owner-occupant seeking additional rental income, this Lorain triplex is worth a look. With multiple units, recent improvements, separate utilities, and a two-car garage, this property offers a variety of possibilities for its next owner.
Full Property Details
Full Property Details for 761 Washington Ave
General
- Price: $220,000
- Taxes: $1,740 (2025)
- Status: Active
- Type: Triplex
- Source: 505
- MLS ID: 5247598
- Updated: 10/3/2026
- Added to Site: 15 day(s) ago
Interior
- Number of Rooms: 10
- Appliances: Dryer, Washer
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Common Area, In Basement
Additional Information
- Security/Safety: Smoke Detector(s)
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Detached, Garage, Outside, Shared Driveway, On Street
Location
- County: Lorain
- Township: Lorain
- Subdivision: Cornwells Add
- Driving Directions: WEST ERIE AVE TO WASHINGTON AVE. PROPERTY IS ON THE WEST SIDE OF 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: Baseboard, Forced Air, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Common Basement, Unfinished
- Roof: Asphalt, Fiberglass
- Stories/Levels: 2
- Square Feet: 2,000
- Living Area: 2,000 Sq. Ft.
- Finished Above Grnd: 2,000 Sq. Ft.
- Year Built: 1900
- Year Built Source: Public Records
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.1194
- Lot Size: .1194
- Lot Size Source: Assessor
- Street Lights: Yes
- Sidewalks: Yes
- Lot Features: Back Yard, Front Yard
- Fencing (Description): None
Financial Considerations
- Tax Amount: $1,740.36
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
- Owner Pays: Taxes
- Tenant Pays: All Utilities, Electricity, Gas, Trash Collection, Water
Disclosures and Reports
- Legal Description: CORNWELL 46 X 130 LOT # 16 & 17
- Disclosures/Rstr.: Principal is Real Estate Licensed
- Property ID: 02-01-005-115-002
Listed by The Agency Cleveland Northcoast, Mena Ruggiero and The Agency Cleveland Northcoast, Miranda Bingham
We Value Your Privacy
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Listing agents
— 761 Washington Ave —
Mena Ruggiero
The Agency Cleveland Northcoast
Miranda Bingham
The Agency Cleveland Northcoast
Mena.Ruggiero@TheAgencyRE.com, 330-801-1119
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 761 Washington Ave
School District:Lorain City School District
| Name | Grades | Distance |
|---|---|---|
Admiral King Elementary School 720 Washington Avenue, Lorain, OH 44052 | K-6 | 0.1 mi |
General Johnnie Wilson Middle School 2700 Washington Avenue, Lorain, OH 44052 | 7-8 | 1.1 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 761 Washington Ave
Estimate the Cost
Estimate the Cost for 761 Washington Ave
761 Washington Avenue, Lorain, OH 44052 (MLS# 5247598) is a Triplex property with 6 bedrooms, 3 full bathrooms and 1 partial bathroom. 761 Washington Avenue is currently listed for $220,000 and was received on October 02, 2026. Want to learn more about 761 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.