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Listed price in listed location currency (USD).
$160,000

421

MLS® 5205297

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage Yes
Taxes $1,404
Days Active 0
Lot Size 
Approx. Age 1900
MLS® Number 5205297

Property Address: 407 W 22nd St, Lorain, OH, 44052-4735

Average square foot calculated using Size range provided by listing agent.

Description

Value-add opportunity with immediate lease-up potential at 407 W 22nd St in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This two-unit property features one occupied unit generating $995 per month with a lease in place through 3/31/26, while the second unit is currently vacant, providing upside through stabilization. Utilities are structured with the tenant responsible for electric and the owner covering water, sewer, and trash. The property offers a functional layout with solid rental demand in the area, supporting continued occupancy. A strong addition to a larger portfolio, this asset combines in-place income with near-term growth potential.
MLS® Number5205297
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1900
BasementOther
DrivewayDetached, Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 29, 2026List Date
$160,000List Price

Home Appraisal

This property is estimated to sell between: $124,000 and $178,000.
Similar properties in this area sold on average for: $124,313
Expected to sell in 72 days. Similar properties sold in 72 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
407 W 22Nd St, Lorain, OH

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