1113 W 9th StreetLorain, OH 44052

1113 W 9th StreetLorain, OH 44052

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$159,900 Active
Multi Unit - Multiple MLS 5196125 New to the Market
7 beds 2 full baths 2 partial baths

Listed By

Agency Name: CENTURY 21 Asa Cox Homes
Agency Phone: 440-639-0002

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Great opportunity to own a well-maintained duplex with significant updates already completed! Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this property offers flexibility and value. Major improvements include approximately $10,000 in new windows on both units and a major electrical upgrade throughout the property--over $20,000 in electrical upgrades. The previous knob-and-tube wiring has been replaced with new wiring, and both electrical panels have been updated with modern arc fault breakers?providing peace of mind and long-term reliability. Unit 1113 has been cosmetically updated and features a remodeled kitchen and bathroom, updated flooring, and the addition of a convenient half bath on the main level. A new water heater has also been installed in this unit. Unit 1115 offers solid functionality with updated bathroom flooring and a furnace replaced in 2012. Additional improvements include a newly installed fence along one side of the property. With many of the major updates already completed, this duplex presents a strong opportunity with room for continued value enhancement. Conveniently located near shopping, dining, and major routes, this property offers both practicality and potential.

1113 W 9th Street | MLS# 5196125

This multi-family property located at 1113 W 9th Street, Lorain, OH 44052 is currently listed for sale with an asking price of $159,900. W 9th Street is located within the Lorain City school district. Search Lorain real estate on 749peacockdrive.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Partial
Basement: Yes
Cooling: Central Air
Days on Market: 2
Heating: Forced Air, Gas
Lot Size: 0.17 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $1,806 / year
Year Built: 1900

Feature Descriptions

Appliances: Range, Refrigerator
Exterior: Vinyl Siding
Fencing: Chain Link, Wood
Parcel#: 02-01-006-116-012
Parking: Driveway, No Garage
Sewer: Public Sewer
Water: Public

Local Schools

School District: Lorain City

Demographics

Lorain County Demographic Information for 1113 W 9th Street, Lorain, OH 44052
Fips
Fips Code 39093
Population
2020 to 2023 Change up 1.6%
2010 Count 301,356
2020 Count 312,964
2023 Estimate (V2023) 317,910
2020 Estimate (V2023) 312,956
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 21.4%
18 to 64 53.4%
65 and Older 19.9%
Gender
Male 49.6%
Female 50.4%
Place of Birth
Foreign 2.8%
US 97.2%
Education
High School Graduate, Age 25+ 91.2%
Bachelor's Degree or Higher, Age 25+ 27.2%
Computer and Internet use
Households with a computer 93.8%
Households with a broadband Internet subscription 84.5%
Language
English is Second Language, Age 5+ 7.0%
English is First Language, Age 5+ 93.0%
Veterans
Veterans 17,970
Income
Per Capita Income $37,171
Median Household Income $67,272
People in Poverty 12.8%
Commute
Average Work Commute Time 26 minutes
Housing
Total Housing Units 136,666
Households 124,510
Average Household Size 2.45
Owner-Occupied 72.9%
Multi-Family 17.0%
Owner-Occupied Median Value $191,900
Median selected monthly owner costs -with a mortgage $1,474
Median selected monthly owner costs -without a mortgage $591
Median gross rent $886
Building Permits
New Private Housing Issued 2023 987
Years at Residence
1 Year or More 90.0%
Less Than 1 Year 10.0%
Business and Employment
Private non-farm Establishments 5,574
Private non-farm Employment 83,286
Private non-farm Employment Growth 0.0%
Nonemployer Establishments 21,027
Number of Firms 20,914
Business Production
Value of Shipments $6,058,884,000
Wholesale Trade $2,315,415,000
Retail Trade $3,875,576,000
Retail Sales Per Capita $12,297
Accommodation and Food Services $444,363,000
Land
Land Area 491.10 sq. miles
Population Per Square Mile 614

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 977.29 per month $780.15 Principal & Interest $150.50 Property Tax $46.64 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage