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1405 1407 W 23rd Street

Lorain, OH 44052

4 beds
3 baths
– sqft
1952 build
– on site

This triplex features three units, offering excellent rental income potential. The 2-bedroom unit is currently rented for $830/month to a long-term tenant who would love to stay. The remaining two units are 1-bedroom, 1-bath layouts, one of which has been renovated and is move-in ready, while the other awaits your finishing touch. With two vacant units, you can set your own rents or live in one while earning income from the others. Don't miss this chance to own a versatile and income-producing property

Listing courtesy of MLS_NOW / Platinum Real Estate

Last checked: Checking… • Last updated May 19, 2025 •

MLS# 5123839 —

The Building

Year Built:

1952
Year Built Source:

PublicRecords
Construction Materials:

AluminumSiding
Levels:

One
Stories:

1
Roof:

Asphalt,Fiberglass
Basement:

false
# of Buildings:

1
Stories Total:

1

Interior

Rooms Total:

6

Room Dimensions

Living Area Units:

SquareFeet

Location

Directions:

Oberlin Ave. to W 23rd
Latitude:

41.44891
Longitude:

-82.189014

The Property

Parcel Number:

02-02-016-105-012
Property Type:

ResidentialIncome
Property Subtype:

Triplex
Property Subtype Additional:

Triplex
Lot Size Acres:

0.13
Lot Size Area:

0.13
Lot Size Units:

Acres
Lot Size Source:

PublicRecords
Waterfront:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Legal Description:

OBERLIN AVE REALTY CO 48.76 X 120
Tax Annual Amount:

$1,624

Beds

Bedrooms Total:

4

Baths

Total Baths:

3
Full Baths:

3

The Listing

Listing Terms:

Cash,Conventional
Home Warranty:

false
Virtual Tour URL Unbranded 3:

https://www.propertypanorama.com/14051407-W-23rd-Street-Lorain-OH-44052/unbranded

Heating & Cooling

Heating:

Baseboard,Electric,HotWater,Steam
Heating:

true
Cooling:

None
Cooling:

false

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:

Oberlin Ave
Pool Private:

false

Parking

Garage:

false
Attached Garage:

false
Carport:

false
Parking Features:

SharedDriveway

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
5/18/25 May 18, 2025	Listed / Active	MLS_NOW	$150,000

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This multifamily located in West Lorain, Lorain, OH 44052 is currently for sale for $150,000. 1405 1407 W 23rd Street is a – square foot multifamily with 4 beds and 3 baths that has been on Estately for 0 days. 1405 1407 W 23rd Street is in the West Lorain neighborhood of Lorain and has a WalkScore® of 39, making it car-dependent. This multifamily is in the attendance area of Lorain High School, Frank Jacinto Elementary School, and General Johnnie Wilson Middle School.

Listing Courtesy of: MLS_NOW and Platinum Real Estate.

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.