BEDS5
BATHS2 full
SQUARE FEET1,952
MLS#5229898
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLLorain City
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: Ceiling Fan(s)
Heating: Forced Air, Gas
Lot Size: 0.14 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $1,963 / year
Year Built: 1900
Amenities
Private Yard
Feature Descriptions
Community Features: Other
Days on Site: 5
Exterior: Concrete
Fencing: Chain Link
Laundry: In Basement
Lot: Flat, Level
Parcel#: 02-01-003-187-018
Parking: Driveway
Sewer: Public Sewer
Water: Public
Local Schools
School District: Lorain City
Listed By / Shown By
Listed By
Agency Name: Russell Real Estate Services
Agency Contact: stevelawson@superstevesells.com, 440-320-9888
Shown By
Agent Name: Walt Cerrato
Agent Phone: (330) 844-8427
Agency Title: DeHOFF REALTORS
Estimate Your Payment
Estimated Payment
$ 959.45 per month $746.58 Principal & Interest $163.58 Property Tax $49.29 Homeowner's InsuranceChange Payment Information
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 07/28/2026. The listing information on this page last changed on 07/28/2026. 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 Tue 07/28/2026 6:58:54 PM EST) or MLS NOW (last updated Tue 07/28/2026 6:52:47 PM EST). Real estate listings held by brokerage firms other than DeHOFF REALTORS 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.
Listing data compilation and photo(s) © 2026 - Multiple Listing Service, Inc. – All Rights Reserved
The photos may be altered, edited, enhanced or virtually staged.
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --
2514 Reid Avenue | MLS# 5229898
This multi-family property located at 2514 Reid Avenue, Lorain, OH 44052 is currently listed for sale with an asking price of $169,000. Reid Avenue is located within the Lorain City school district. Search Lorain real estate on wcerrato.dehoff.com today.