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$94,500 (USD)
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Lorain Area Multi-Family Home

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1813 Lexington Avenue Lorain, OH 44052

7 Bed
2 Baths
3225 sqft
MLS# 5210547
Unique 2-family investment opportunity offering exceptional income potential/Also perfect for owner occupied use! Spacious vinyl-sided duplex features a total of 7 bedrooms/2 full baths w/flexible layout consisting of 3-bedroom, 1-bath main floor unit plus 4-bedroom, 1-bath second-floor unit. Situated on quiet street w/2 separate driveways, partially fenced yard & separate entrances for each unit, includes welcoming porch for one of the units. Property will be delivered vacant at closing, making it ideal for owner occupancy or for investors looking to maximize rental income. Second-floor unit complete & owner-occupied, while main-floor unit requires some finishing work, allowing the new owner to add value/build equity. Laundry has been conveniently added to each floor. Property appears to feature 2 furnaces, separate gas service & 2 updated electrical boxes, w/one hot water tank currently servicing the property. Affordably priced to allow for completion of remaining improvements while creating strong cash flow potential. High bedroom count makes this a desirable rental opportunity with excellent income possibilities for traditional or Section 8 tenants. Perfect addition to a growing portfolio or ideal for an owner-occupant looking to offset living expenses with rental income. Being sold as-is. Cash, hard money or DSCR financing only. Investment-friendly city with strong rental demand and excellent
Listing Courtesy of YES MLS / Listed By: Christopher Frederick, Coldwell Banker Schmidt Realty
$89,500 (USD)
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Low & Edwards Allotment Area Single Family Home

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10001 Yale Avenue Cleveland, OH 44108

4 Bed
1 Baths
2309 sqft
MLS# 5232216
Attention investors! Immediate cash flow from day one with a quality month-to-month tenant who would like to remain, making this an outstanding turnkey investment opportunity. Updated interior photos as of 8/1/2026 showcase a maintained, fully occupied property that is perfect for first-time investors or an excellent addition to an established rental portfolio. Spacious home offers 4 bedrooms with the potential for a 5th bedroom thanks to the finished third floor, which also makes an ideal studio/home office. Flexible floor plan creates future opportunities for increased rental income while appealing to a wide range of tenants. Basement provides abundant storage and utility space, further enhancing the property's long-term value. Mechanically, the home has been maintained with important improvements including an updated electrical panel, plumbing updates, allowing investors to purchase with confidence. The property is located in an investment-friendly area with strong rental demand and is currently professionally managed. Existing management company can remain in place, providing a seamless transition for an out-of-area or hands-off investor. Seller is an out-of-country investor liquidating a portion of their portfolio, creating an excellent opportunity to acquire a proven income-producing asset with future upside potential. Showings will only be permitted after an accepted offer in consideration of the tenant. Please, serious qualified buyers only. No wholesalers and no owner-financing requests. Affordable opportunity to secure a cash-flowing investment with immediate income and long-term potential!
Listing Courtesy of YES MLS / Listed By: Christopher Frederick, Coldwell Banker Schmidt Realty