Property Description

Welcome to 1702 Lexington Ave in Lorain, Ohio?a fully occupied duplex that delivers immediate income from day one. Both units are leased at $850 per month, creating strong, predictable cash flow with built-in upside. The upper unit is locked in through August 2026, providing long-term stability, while the lower unit is month-to-month, giving you flexibility to adjust rents or reposition the asset. This is the kind of property investors want: stable, performing, and easy to step into. Whether you're scaling a portfolio or securing a solid standalone investment, this duplex checks the boxes?tenants in place, income on the books, and zero downtime. Opportunities like this don't wait. Neither should you.

1702 Lexington Avenue | MLS# 5174739

This multi-family property located at 1702 Lexington Avenue, Lorain, OH 44052 is currently listed for sale with an asking price of $125,000. Lexington Avenue is located within the Lorain City school district. Search Lorain real estate on myoder.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple

Basement: Unfinished

Basement: Yes

Cooling: None

Days on Market: 90

Heating: Forced Air, Gas

Lot Size: 0.09 Acres

Roof Type: Asphalt, Fiberglass

Stories: 2.0

Taxes: $2,253 / year

Year Built: 1900

Feature Descriptions

Community Features: Medical Service

Exterior: Vinyl Siding

Parcel#: 02-01-003-145-010

Parking: Other

Sewer: Public Sewer

Water: Public

Local Schools

School District: Lorain City

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Estimated Payment

$ 859.57 per month $635.36 Principal & Interest $187.75 Property Tax $36.46 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 05/18/2026. The listing information on this page last changed on 05/18/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 05/18/2026 12:09:22 AM EST) or Dayton MLS (last updated Sun 05/17/2026 11:46:42 PM EST) or CBRMLS (last updated Mon 05/18/2026 12:04:39 AM EST) or Multiple Listing Service of Greater Cincinnati (last updated Sun 05/17/2026 11:53:30 PM EST) or NKY MLS (last updated Sun 05/17/2026 11:28:26 PM EST) or Wrist MLS (last updated Sun 05/17/2026 7:40:35 AM EST) or Firelands MLS (last updated Sun 05/17/2026 11:11:34 PM EST) or MLS NOW (last updated Mon 05/18/2026 12:07:31 AM EST). Real estate listings held by brokerage firms other than Cutler Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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1702 Lexington AvenueLorain, OH 44052

TOUR THIS HOME

Property Description

1702 Lexington Avenue | MLS# 5174739

Property Features

Feature Descriptions

Local Schools

Estimate Your Payment

Change Payment Information

1702 Lexington AvenueLorain, OH 44052

TOUR THIS HOME

Property Description

1702 Lexington Avenue | MLS# 5174739

Property Features

Feature Descriptions

Local Schools

Estimate Your Payment

Change Payment Information

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