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Image 1 - 1647 West 23rd Street, Lorain, OH 44052, USA - House for sale
Image 2 - 1647 West 23rd Street, Lorain, OH 44052, USA - House for sale
Image 3 - 1647 West 23rd Street, Lorain, OH 44052, USA - House for sale
Image 4 - 1647 West 23rd Street, Lorain, OH 44052, USA - House for sale
Image 5 - 1647 West 23rd Street, Lorain, OH 44052, USA - House for sale
Image 6 - 1647 West 23rd Street, Lorain, OH 44052, USA - House for sale
Image 7 - 1647 West 23rd Street, Lorain, OH 44052, USA - House for sale
Image 8 - 1647 West 23rd Street, Lorain, OH 44052, USA - House for sale
Image 9 - 1647 West 23rd Street, Lorain, OH 44052, USA - House for sale
Home For Sale In Lorain, Ohio
1647 West 23rd Street, Lorain, OH 44052, USA

Home For Sale In Lorain, Ohio

house for sale
Listed: 04/23/24

1647 West 23rd Street, Lorain, OH 44052, USA

6 Bed:
2 Bath:
1,944 Sq Ft Living Area:
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Price
$ 159,000

About This House

Welcome to this fantastic investment opportunity at1607-1609 W23rd St in Lorain! This spacious 6-bedroom, 2 full-bath side-by-side duplex is ideally located within walking distance to Lorain High School, making it a prime choice for families or students. Currently, the property generates$1, 550in rent with tenants on a month-to-month lease, offering flexibility for new ownership. Key features include updated HVAC in unit #1 within the last 15 years and HVAC #2 within the past 10 years. Both HWT's are 10 years old or less. With the LMHA currently offering up to$1, 577for 3-bedroom units, there's a potential to increase the monthly income to over$3, 000! Whether you're looking to start your real estate investment journey or add to your existing portfolio, this well-maintained duplex presents a lucrative opportunity. Don't miss out on this gem; schedule your showing today!

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Lorain Housing & Living

Average sale prices for houses

3 bed
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In April 2024, the asking price for 3 bed houses for sale in/near Lorain, United States averaged $179,177, staying on the same level compared to the previous month.
Median price trends for properties for sale in Lorain, United States as of April 2024.

Household Income

Median household income: $36,139
Number of households: 25,330
The average household income in Lorain, OH grew from $35,753 to $36,139 in the past year. This data is an estimate based upon 25,330 households in Lorain, OH.
The chart below presents how household income is distributed in Lorain, OH in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Lorain, OH compared to median property taxes around the country. The prevalent amount of property taxes in Lorain, OH equals $800-$1,500 , which is less than the national average.