Investment Property for Sale at 2342 Lexington Avenue in Lorain, OH for $147,000

Listed by Bill Davis and Deborah Farren updated November 19, 2025 - 11:22pm
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2342 Lexington Avenue | Lorain

$147,000 | 5 Beds | 2 Baths (2 Full) | 1,566 Sq. Ft.

Motivated seller is ready to sell this profitable investment property. Long time tenants on month-to-month lease and they would like to stay. Two homes on one lot. Also a great option for owner-occupants in one home and rental income from the other. Sold AS IS -- seller will not make repairs. Roof on both homes 3 years along with gutters. Hardwood floors front house. MLSNow 5172621

Directions to property: Take W. 23rd to Lexington Ave.

MLS Listing ID: 
MLSNow 5172621
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$147,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
MultiFamily
Property Sub Type: 
Duplex
Primary Market Area: 
Lorain
Address: 
2342 Lexington Avenue, Lorain, OH 44052
County: 
Lorain
Latitude: 
41.4483100
Longitude: 
-82.1708130
Directions: 
Take W. 23rd to Lexington Ave.
Public Remarks: 
Motivated seller is ready to sell this profitable investment property. Long time tenants on month-to-month lease and they would like to stay. Two homes on one lot. Also a great option for owner-occupants in one home and rental income from the other. Sold AS IS -- seller will not make repairs. Roof on both homes 3 years along with gutters. Hardwood floors front house.
Community Information
School District: 
Lorain CSD - 4709
Subdivision: 
Bramans
Building Details
Details about the building on a property.
Stories: 
1
Year Built: 
1900
Living Area: 
1,566
Basement: 
Full
Interior: 
Ceiling Fan(s)
Construction
Construction Materials: 
Aluminum Siding
Roof: 
Asphalt,Fiberglass
Exterior Features: 
Awning(s)
Room Details
Details about the rooms in the building.
Total Rooms: 
8
Total Bedrooms: 
5
Total Bathrooms: 
2
Total Full-Bathrooms: 
2
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air,Gas
Cooling System: 
Central Air,Ceiling Fan(s)
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.11
Lot Size (Area): 
0.11
View: 
Neighborhood
Lot Features
Parking Type: 
Driveway
Public Record
Parcel Number: 
02-01-003-176-018
Annual Tax: 
$1,709.00
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Disclosures: 
Principal is Real Estate Licensed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
William E Davis
Listing Co-Agent Name: 
Deborah A Farren
Listing Office Name: 
CENTURY 21 DePiero and Associates, Inc.
Listing Co-Office Name: 
CENTURY 21 DePiero \u0026 Associates, Inc.

Listed by Bill Davis and Deborah Farren

Bill Davis

  • : Mobile: (440) 832 9595
Deborah Farren's picture

Deborah Farren

  • : Mobile: (440) 537 3315

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