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58 Lorene Ave, Athens, OH, 45701

3beds
2baths
1,747sqft
$275,000
$157price/sqft
$1,996/moest. monthly cost
$79,840/yrincome needed

About This Home

58 Lorene Ave., Athens, OH 45701. Great investment opportunity on the desirable east side of Athens! Conveniently located just minutes from Ohio University and close to shopping, dining, and everyday in-town amenities, this duplex offers a location that is consistently attractive to renters. Thoughtfully converted into a duplex, this home features two separate units, offering flexibility for a variety of investment strategies. The ground-floor unit includes one bedroom & one full bathroom, while the upstairs unit offers two bedrooms and one full bathroom. Tenants benefit from shared laundry located in the basement, adding everyday convenience. The property is currently rented through the end of June. Situated on a large lot, this property stands out with additional building potential-offering future development opportunities or the possibility to expand your investment footprint. Whether you're looking to grow your portfolio or own a well-located income-producing property, this east side duplex delivers strong potential and lasting value.

Getting Around

49
WalkingCar-Dependent
30
TransitSome Transit
87
BikeVery Bikeable

Schools

5/10
East Elementary SchoolGrades PK-30.5 mi
6/10
Athens Middle SchoolGrades 7-81.0 mi
7/10
Athens High SchoolGrades 9-123.4 mi

Construction

Condition

  • Year built: 1929

Materials

  • Foundation: Sandstone
  • Roof: Asphalt Shingle
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family,Multi-Family Units,Resale Home,Investment Property (Rental),Duplex

Interior

Appliances

  • Appliances included: Refrigerator,Washer,Electric Water Heater,Gas Water Heater,Oven/Range- Gas,Dryer
  • Laundry features: Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Features

  • Sump Pump
  • Flooring: Wood

Heating & Cooling

  • Heating features: Furnace-Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,747
  • Total interior livable area: 1,747 sqft

Property

Details

  • Parcel number: A027190004100
  • Zoning description: Multi-Family, Residential: R-1

Features

  • Patio & porch: Porch- Covered
  • Exterior features: Rain Gutters

Lot

  • Lot size: 5,227 sqft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Ice Storm
Lightning
Strong Wind

FEMA Declared Disasters Across Ohio Counties

Flood

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,390$16,680
Home Insurance *$148$1,776
Property Taxes $265$3,180
Electricity $193$2,320
Total$1,996$23,952
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$68,434/yr
40% on housing$59,880/yr
45% on housing$53,226/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.4%
0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$157This listing

vs Other Active Listings

Avg $/sqft

ZIP 45701$170
Athens County$145

vs Homes Sold Last Month

Median $/sqft

ZIP 45701$140
Athens County$140

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-03Listed for sale$295,000
2025-07-10Sold$179,500
2023-05-02Sold$179,450

For Sale by Agent

AgentErin Carter
Brokeragee-Merge Real Estate

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