BEDS4
BATHS2 full
SQUARE FEET1,441
MLS#5174739
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLLorain City
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: None
Heating: Forced Air, Gas
Lot Size: 0.09 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $2,253 / year
Year Built: 1900
Feature Descriptions
Community Features: Medical Service
Days on Site: 70
Exterior: Vinyl Siding
Parcel#: 02-01-003-145-010
Parking: Other
Sewer: Public Sewer
Water: Public
Local Schools
School District: Lorain City
Listed By / Shown By
Listed By
Agency Name: Gentile Real Estate LLC
Agency Contact: vsenauskas12@gmail.com, 330-304-9626
Shown By
Agent Name: Nathan Stallard
Agent Phone: (330) 421-4827
Agency Title: M.C. Real Estate
Estimate Your Payment
Estimated Payment
$ 514.99 per month $289.32 Principal & Interest $187.75 Property Tax $37.92 Homeowner's InsuranceChange Payment Information
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1702 Lexington Avenue | MLS# 5174739
This multi-family property located at 1702 Lexington Avenue, Lorain, OH 44052 is currently listed for sale with an asking price of $130,000. Lexington Avenue is located within the Lorain City school district. Search Lorain real estate on nstallard.mcrealestateohio.com today.