Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1404 Long Ave, Lorain, OH, 44052

3beds
4baths
--sqft
$325,000
--price/sqft
$2,457/moest. monthly cost
$98,280/yrincome needed

About This Home

Beautifully maintained and thoughtfully updated brick property offering strong income potential and timeless character. This solid investment features four spacious one-bedroom apartments and one studio apartment, all currently occupied, providing immediate and consistent rental income. The second floor offers three one-bedroom apartments and one studio, each thoughtfully updated to blend modern comfort while preserving the building’s original charm. The lower level provides convenient laundry facilities and additional storage for tenants. Major improvements include renovations to all residential units, two new baseboard heating units (2025), six new hot water tanks and two new wall furnaces (2024), brick tuckpointing (2024), and a new roof (2022). Ideally located just minutes from Black River Landing and Lake Erie, the property offers convenient access to waterfront events, dining, and recreation. A rare opportunity to own a well-maintained investment property in a high-visibility location with established rental income. Schedule your private showing today.

Getting Around

58
WalkingSomewhat Walkable
0
TransitVery Limited Transit
50
BikeBikeable

Schools

3/10
3/10
Lorain High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1919

Materials

  • Roof: Flat
  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Microwave,Range,Refrigerator
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 5

Heating & Cooling

  • Heating features: Baseboard,Electric,Gas
  • Cooling features: None

Property

Details

  • Parcel number: 0201006130045

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 3,049 sqft

Parking

  • Parking features: On Street