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1347 1349 Massachusetts Avenue

Lorain, OH 44052

4 beds
2 baths
1,728 sqft
$78 per sqft
1978 build
– on site

Turnkey investment opportunity! This fully occupied duplex generates $1,420/month in total rent, delivering a solid $17,040 in gross annual income. Each unit features 2 bedrooms with month-to-month tenants in place, offering flexibility for future rent increases or owner-occupancy. Located in a convenient Lorain neighborhood, this property offers immediate cash flow and strong return potential from day one.

Listing courtesy of MLS_NOW / Progressive Urban Real Estate Co

Last checked: Checking… • Last updated May 30, 2025 •

MLS# 5117828 —

The Building

Year Built:

1978
Year Built Source:

PublicRecords
Construction Materials:

AluminumSiding
Direction Faces:

West
Levels:

Two
Stories:

2
Roof:

Asphalt,Fiberglass
Basement:

None
Basement:

false
# of Buildings:

1
Stories Total:

2
Above Grade Finished Area:

1728.0
Above Grade Finished Area Source:

PublicRecords
Below Grade Finished Area Source:

PublicRecords

Interior

Rooms Total:

8
Accessibility Features:

None

Room Dimensions

Living Area:

1728.0
Living Area Units:

SquareFeet

Financial & Terms

Possession:

DeliveryOfDeed

Location

Directions:

From I-90, take OH-611 W toward Lorain. Continue on OH-611 (Colorado Ave), then turn left onto Massachusetts Ave. The property at 1347-1349 Massachusetts Ave will be on your right, just past E 13th St.
Latitude:

41.470319
Longitude:

-82.151206

The Property

Parcel Number:

03-00-050-113-010
Property Type:

ResidentialIncome
Property Subtype:

Duplex
Property Subtype Additional:

Duplex
Lot Size Acres:

0.13
Lot Size Area:

0.13
Lot Size Units:

Acres
Lot Size Source:

Appraiser
Waterfront:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Legal Description:

HIGHVIEW PARK SUB #2 55.50 X 108.30 S/L 183
Tax Annual Amount:

$1,403.22

Beds

Bedrooms Total:

4

Baths

Total Baths:

2
Full Baths:

2

The Listing

Listing Terms:

Cash,Conventional
Home Warranty:

false
Special Listing Conditions:

Standard
Virtual Tour URL Unbranded 3:

https://www.propertypanorama.com/13471349-Massachusetts-Avenue-Lorain-OH-44052/unbranded

Heating & Cooling

Heating:

Baseboard,Electric
Heating:

true
Cooling:

WindowUnits
Cooling:

true

Utilities

Sewer:

PublicSewer
Water Source:

Public

Schools

Elementary School District:

Lorain CSD - 4709
Middle School District:

Lorain CSD - 4709
High School District:

Lorain CSD - 4709

The Community

Subdivision Name:

Highview Park Sub #2
Pool Private:

false

Parking

Garage:

false
Attached Garage:

false
Carport:

false
Parking Features:

Driveway,Paved

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
5/29/25 May 29, 2025	Listed / Active	MLS_NOW	$134,900	101.3% (20.2% / YR)
5/26/20 May 26, 2020		MLS_NOW	$67,000

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This multifamily located in East Lorain, Lorain, OH 44052 is currently for sale for $134,900. 1347 1349 Massachusetts Avenue is a 1,728 square foot multifamily with 4 beds and 2 baths that has been on Estately for 21 days. 1347 1349 Massachusetts Avenue is in the East Lorain neighborhood of Lorain and has a WalkScore® of 37, making it car-dependent. This multifamily is in the attendance area of Longfellow Middle School, Larkmoor Elementary School, and Lorain High School.

Listing Courtesy of: MLS_NOW and Progressive Urban Real Estate Co.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Estately are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The information included in this listing is exclusively 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. All information provided is deemed reliable but is not guaranteed.