516 Washington Ave

Lorain OH 44052

0.12 ac.

Duplex

Last sold for $129,900

Matthew Klein, last sold this property on 13 November 2025 after 514 days on market.

Overview

Remarkable Triplex located just minutes from Lake Erie and the massive improvements happening along Lorain's inner corridor on Broadway. Among the improvements made, a new roof installation in 2025 and upgraded sewer stack in 2024. Each unit is a 1 bedroom / 1 bath with the owner paying water, trash, and sewer. Tenants pay the remainders of the utilities. The City of Lorain has made significant improvements to the downtown area over the past 5-7 years and this improvement shows no signs of slowing down! Be a part of history and pick up this ideally located Triplex on Washington Ave before the area truly kicks off!!!!

Features

3 bedrooms

3 bathrooms

0.12 ac. lot size

Duplex

Estimated Value

Based on this property and similar 3 bedroom duplexes sold in Lorain over the last 12 months, the estimated median property value of 516 Washington Ave is $136.95k.

Median value

$136.95k

Estimated value range

$31k - $145k

Median days on market

Estimated value trend

34%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Lorain. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 516 Washington Ave

2025

Sold

$129,900

13 Nov 2025 by Matthew Klein, of Walnut Creek Realty, LLC.

2015

Sold

$33,000

30 Oct 2015 by Teresa Kaurich, of Realtywise, Inc.

2014

Sold

$14,400

22 Jan 2014

Happy sellers in Lorain

We have insufficient information to provide an overview of customer satisfaction for Lorain. Viewing the agent profiles, reviews and sales for Lorain can provide insights for this location.