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707 W 20th St, Lorain, OH, 44052

4beds
2baths
1,804sqft
$140,000
$78price/sqft
$1,166/moest. monthly cost
$46,640/yrincome needed

About This Home

Welcome to 707 West 20th Street, a well-maintained duplex offering a fantastic investment opportunity in the heart of Lorain. This fully occupied property features two spacious units, one upstairs and one downstairs, each in good condition and ready for the new owner to start collecting rent from day one. The downstairs unit enjoys exclusive access to the basement and a charming front porch, perfect for relaxing outdoors. The upstairs unit features access to a private attic and a balcony, adding extra storage and outdoor space for tenants. With two separate driveways, both units have dedicated parking, enhancing convenience and tenant satisfaction. Whether you're a seasoned investor or just starting your real estate journey, this duplex offers solid rental income and long-term potential. Don't miss out on this turnkey property. Schedule your showing today!

Getting Around

53
WalkingSomewhat Walkable
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

3/10
3/10
Lorain High SchoolGrades 9-120.9 mi

Construction

Condition

  • Property condition: Unknown
  • Year built: 1900

Materials

  • Roof: Asphalt,Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family

Interior

Appliances

  • Appliances included: Microwave,Range,Refrigerator
  • Laundry features: Electric Dryer Hookup,In Basement,Laundry Tub,Sink

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Built-in Features
  • Finished area above ground: 1,804

Heating & Cooling

  • Heating features: Baseboard,Electric,Forced Air,Gas
  • Cooling features: Ceiling Fan(s)

Interior Area

  • Total structure area: 1,804
  • Total interior livable area: 1,804 sqft

Property

Details

  • Parcel number: 0201006147016

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Balcony
  • Exterior features: Balcony
  • Fencing: Chain Link,Partial,Wood
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 6,534 sqft

Parking

  • Parking features: Driveway,Gravel,On Street

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

  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Hail
Inland Flooding
Ice Storm
Strong Wind
Tornado
Winter Weather
Tsunami

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 $707$8,484
Home Insurance *$107$1,284
Property Taxes $159$1,908
Electricity $193$2,321
Total$1,166$13,992
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$39,977/yr
40% on housing$34,980/yr
45% on housing$31,093/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: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: -1.0%
-1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$78This listing

vs Other Active Listings

Avg $/sqft

ZIP 44052$94
Lorain County$149

vs Homes Sold Last Month

Median $/sqft

ZIP 44052$115
Lorain County$161

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)

No zestimate history available

Price History

DateEventPrice
2025-09-15Price change$160,000
2025-08-20Listed for sale$170,000
2006-11-03Sold$77,000
2001-04-19Sold$39,900

For Sale by Agent

AgentDG George
BrokerageHoward Hanna

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