Property photo 1
4 Beds
2 Baths

$128,750

1036 Oberlin Avenue, Lorain OH, 44052

Built in1920
Property typeMulti-family

Overview

Active

Listed Apr 29, 2026

Updated 43h ago

Partially leased property offering strong income growth potential at 1036 Oberlin Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This duplex-style property features one occupied unit generating $1,125 month-to-month, while the second unit is currently vacant, providing immediate upside through lease-up. Utilities are structured with the tenant paying electric and the owner responsible for water, sewer, and trash. The property offers a functional layout with solid rental demand in the area, making it well-suited for continued income production. Ideal for investors seeking to expand their portfolio with a value-add component, this asset contributes to a larger package with built-in cash flow and long-term growth potential. Multiple properties must be purchased.  Singular properties will not be considered.  Reach out to co-listing agent for details.

$857/mo

Est. mortgage payment based on a $128,750 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
5205320

Interior Features

Bedrooms
4
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.12 Acres

Other Property Details

Taxes
$1,437
Tax Frequency
Annually
Garage
Yes

Courtesy of Russell Real Estate Services

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kemi Alege shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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