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1850 Washington Ave., 
Lorain, OH 44052

$334,900


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Kyle M Recker

Jaron T Smith

Howard Hanna - Port Clinton

kylerecker@howardhanna.com

Last updated:

October 18, 2025, 04:10 PM

MLS#

20254144

Source:

OH FMLS

About This Home

1850 Washington Ave.

Incredible investment opportunity in Lorain! This five-unit income property with an additional office space is fully occupied except for the office, generating over $4,200 per month with room to grow. The building features three 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, offering a great mix for steady rental demand. The office space includes its own bathroom and provides endless potential. Rent it out for additional income or transform it into a salon, beauty parlor, or small business suite. The property offers a solid brick exterior, plenty of off-street parking for tenants and guests, and a prime location near downtown Lorain, Lakeview Park, shopping, and highways. Don't wait to add this turnkey multi-unit property to your portfolio.

Home Facts

Multi-Family

Built in 1900

Price Summary

334,900

MLS #:

20254144

Last Updated:

October 18, 2025, 04:10 PM

Added:

9 day(s) ago


Structure

Structure

Year Built:

1900


Lot

Lot Size (Sq. Ft):

6,298


Finances & Disclosures

Finances

Price:

$334,900

Source:OH FMLS
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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.