Back 1150 5th Street
Off Market

1150 5th Street

Lorain OH 44052

12
4
3900 sq. ft.
0.16 ac.
Duplex
Last sold for $230,000
Jeffrey McManamonJeffrey McManamon, last sold this property on 15 December 2025 after 158 days on market.

Overview

1150 West 5th Street in Lorain is a solid investment opportunity for anyone looking to add value and grow their rental portfolio. This four-unit property features spacious layouts, with each unit offering three bedrooms and one bathroom at just under 1,000 square feet. While it is a fixer-upper in need of renovation, it provides the ideal blank slate to customize and increase future rental income. Each unit includes a private basement for tenant storage and convenient on-site parking. The location is a major highlight, with close proximity to downtown Lorain, Black River Landing for concerts and events, and less than half a mile from beautiful Lake Erie. With strong potential in an area poised for continued growth, 1150 West 5th Street is ready for an investor with vision to make it shine.

Features

12 bedrooms
4 bathrooms
3900 sq. ft. floor area
0.16 ac. lot size
Duplex

Estimated Value

We need at least 3 similar 12 bedroom duplexes sold in Lorain over the last 12 months.

Property history for 1150 5th Street

2025
Sold
$230,000
15 Dec 2025 by Jeffrey McManamon, of Hotdoors, LLC.

Happy sellers in Lorain

94%
94% of sellers in Lorain reported that their sale price either exceeded or met their price expectations.

Lorain stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Lorain over the last 12 months.

Local market activity for 12 bedroom duplexes in Lorain

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