Vision Sales Team

2514 Reid Avenue

Lorain, OH 44052

MLS#: 5229898

$169,000

Status: Active
Listing number: 5229898
Listing provided by: Russell Real Estate Services
Listing agent phone: None
Last update: 6 hours ago
New on site today
Browse Properties
Main image without alt text

Property

Beds

5

Full Baths

2

1/2 Baths

None

Year Built

1900

Sq.Footage

1,952

ATTENTION INVESTORS AND ENTREPRENEURS!!! Located in the heart of Lorain, this spacious duplex at 2514 Reid Ave. offers an excellent investment opportunity with nearly 2,000 square feet of living space and reliable rental income! Both units are currently occupied, generating just under $2,000 per month in gross income. The lower unit features 3 bedrooms, 1 full bath, a spacious living room, dining room, and full kitchen, while the upper unit offers 2 bedrooms, 1 full bath, a living room, dining room, and full kitchen. A full, dry basement provides two separate laundry areas along with abundant storage space for tenants. Additional investor-friendly features include separate gas and electric meters, with the owner currently paying water, sewer, and trash. Outside, you'll find a fenced backyard, adding even more appeal for tenants. Whether you're looking to expand your rental portfolio or make your first investment purchase, this income-producing property is one you won't want to miss. Call today for more information! *Showings allowed after accepted offer. Please do not disturb the tenants.

Features & Amenities

Interior

  • Total Bedrooms

    5

  • Bathrooms

    2

  • Above Grade Finished Area

    1952.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s)

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Concrete

  • Other Exterior Features

    Private Yard

  • Parking

    Driveway

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Level

  • Lot Size(acres)

    0.14

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

Price

  • Sales Price

    $169,000

  • Tax Amount

    $1,963

  • Sq. Footage

    1,952

  • Price/SqFt

    $86

HOA

  • Association

    No

School District

  • Elementary School

    Lorain CSD - 4709

  • Middle School

    Lorain CSD - 4709

  • High School

    Lorain CSD - 4709

Property Features

  • Stories

    2

  • Sewer

    Public Sewer

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Lorain

Elementary School

Lorain CSD - 4709

Middle School

Lorain CSD - 4709

High School

Lorain CSD - 4709

Listing Courtesy of Steven Lawson , Russell Real Estate Services

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Tylier Dawley

AGENT

Tylier Dawley

Call Tylier today to schedule a private showing.

(216) 526-4596

Tylier@VisionSalesTeam.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
ATTENTION INVESTORS AND ENTREPRENEURS!!! Located in the heart of Lorain, this spacious duplex at 2514 Reid Ave. offers an excellent investment opportunity with nearly 2,000 square feet of living space and reliable rental income! Both units are currently occupied, generating just under $2,000 per month in gross income. The lower unit features 3 bedrooms, 1 full bath, a spacious living room, dining room, and full kitchen, while the upper unit offers 2 bedrooms, 1 full bath, a living room, dining room, and full kitchen. A full, dry basement provides two separate laundry areas along with abundant storage space for tenants. Additional investor-friendly features include separate gas and electric meters, with the owner currently paying water, sewer, and trash. Outside, you'll find a fenced backyard, adding even more appeal for tenants. Whether you're looking to expand your rental portfolio or make your first investment purchase, this income-producing property is one you won't want to miss. Call today for more information! *Showings allowed after accepted offer. Please do not disturb the tenants.

2514 Reid Avenue

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Tyson Sells Homes, LLC. via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Related Properties

Established rental property with ongoing income at 1347 Washington Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. Both units are currently occupied, with one renting for $1,199 on a month-to-month lease and the second generating $1,100 with a lease in place through 5/31/26, providing immediate cash flow. Utilities are structured with tenants responsible for electric and gas, while the owner covers water, sewer, and trash. The property features a functional layout with consistent rental demand in the area, supporting strong occupancy. A solid addition to a larger portfolio, this asset contributes reliable income within a diversified, income-producing package.
#5205321

Lorain

1347 Washington Avenue

4 Beds

2 Baths

N/A

$165,000

MLS#: 5205321

Duplex investment opportunity in Lorain! This tenant-occupied property offers immediate rental income and is a great addition to any portfolio. Each unit provides functional living space and plenty of potential. Conveniently located near local amenities and shopping. Please do not disturb the tenants.
#5213227

Lorain

1143 W 9th Street

4 Beds

2 Baths

1,784 Sq.Ft.

$145,000

MLS#: 5213227

Solid duplex investment opportunity at 1839-1841 Randall Ave in Lorain. Both units are month-to-month, offering immediate flexibility for an investor to adjust rents to market. Approximately $7,500 in recent improvements over the past two years, including a kitchen remodel and fresh paint. Combined market rent in the area runs around $2,300/month. Great addition to a rental portfolio with low-maintenance, turnkey appeal. Tenant info available upon request. Please do not disturb occupants.
#5223087

Lorain

1839 Randall Street

6 Beds

2 Baths

N/A

$190,000

MLS#: 5223087

Desirable Ranch Style Duplex with major updates done in last 12 months including New Roof, Both High Efficiency Furnaces & Both Water Heaters. Fully Insulated in 2025. Long Term Tenant in Rear Unit (over 10 years) and fresh lease on front until til June 2027. Tenants Pay all their own utilities including gas, electric, and water. Owner only pays taxes & insurance.
#5226298

Lorain

1857-1859 E 39th Street

4 Beds

2 Baths

1,352 Sq.Ft.

$149,900

MLS#: 5226298

Price reduced
Solid All Brick Duplex fully rented out to the same tenants for over 10 & 15 years. Separate Gas, Electric, AND Water Meters. Tenants Pay all their own utilities. Landlord only responsible for Taxes, Insurance, & Lawn care. Truly Turn Key Duplex with Excellent Cash flow from day 1. All Brick Low Maintenance & New Roof 2018. New Furnace & Water heater 2024 on north side. Each Side Has their own Dry Basement with Washer/Dryer Hook ups and mechanicals. This is an Investor's Dream and won't last.
#5202962

Lorain

3050 Denver Avenue

4 Beds

2 Baths

1,620 Sq.Ft.

$149,900

MLS#: 5202962

Performing rental property with consistent returns at 1339 Washington Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This fully occupied duplex produces strong, consistent cash flow with rents of $1,100 and $1,250 per month, both secured through leases expiring 3/31/27, providing long-term income stability. Tenants are responsible for all utilities, helping to minimize owner expenses and maximize returns. The property offers a functional layout with solid rental demand in the area, making it a dependable addition to a larger portfolio. Ideal for investors seeking stable, predictable income, this asset contributes to a well-performing, income-producing portfolio. Multiple properties must be purchased.  Singular properties will not be considered.  Reach out to co-listing agent for details.
#5205310

Lorain

1339 Washington Avenue

6 Beds

2 Baths

N/A

$165,000

MLS#: 5205310

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Tyson Sells Homes, LLC. via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

I agree to receive communications and understand I can unsubscribe at any time.

I agree to be contacted by Tyson Sells Homes, LLC. via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service