1813 Lexington Avenue Lorain, OH 44052
Listing Courtesy of: MLS LogoYES MLS / Listed By: Christopher Frederick, Coldwell Banker Schmidt Realty / Michele Frederick - Contact:  thefrederickteam@gmail.com, 216-210-7653

  1813 Lexington Avenue Lorain, OH 44052

Active (2 Days)
$109,500 (USD)
7
BED
2
BATH
3,225
SQFT

Description

Unique 2-family investment opportunity offering exceptional income potential/Also perfect for owner occupied use! Spacious vinyl-sided duplex features a total of 7 bedrooms/2 full baths w/flexible layout consisting of 3-bedroom, 1-bath main floor unit plus 4-bedroom, 1-bath second-floor unit. Situated on quiet street w/2 separate driveways, partially fenced yard & separate entrances for each unit, includes welcoming porch for one of the units. Property will be delivered vacant at closing, making it ideal for owner occupancy or for investors looking to maximize rental income. Second-floor unit complete & owner-occupied, while main-floor unit requires some finishing work, allowing the new owner to add value/build equity. Laundry has been conveniently added to each floor. Property appears to feature 2 furnaces, separate gas service & 2 updated electrical boxes, w/one hot water tank currently servicing the property. Affordably priced to allow for completion of remaining improvements while creating strong cash flow potential. High bedroom count makes this a desirable rental opportunity with excellent income possibilities for traditional or Section 8 tenants. Perfect addition to a growing portfolio or ideal for an owner-occupant looking to offset living expenses with rental income. Being sold as-is. Cash, hard money or DSCR financing only. Investment-friendly city with strong rental demand and excellent

MLS #:
5210547
Taxes
$1,138(2025)
Lot Size
7,492 SQFT
Type
Multifamily
Year Built
1900
School District
Lorain Csd - 4709
County
Lorain County

Listed By

Christopher Frederick, Coldwell Banker Schmidt Realty, Contact: thefrederickteam@gmail.com, 216-210-7653
Michele Frederick, Coldwell Banker Schmidt Realty
Source
YES MLS
Last checked May 20 2026 at 6:58 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Laundry: Main Level
  • Laundry: Upper Level
Heating and Cooling
  • Forced Air
  • Gas
Basement Information
  • Full
  • Unfinished
Exterior Features
  • Roof: Asphalt
  • Roof: Fiberglass
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Parking
  • No Garage
  • Paved
Stories
  • 2
Living Area
  • 3,225 sqft
Additional Information: Schmidt Realty | thefrederickteam@gmail.com, 216-210-7653
Location
   
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Disclaimer: Copyright 2026 YES MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/20/26 11:58