$159,900

1040 W 9th St Lorain, OH 44052

$1,899
Closing credit¹
4 beds
2 full
4,077 sqft
0.2 acres
$39 / sqft
Multi-Family

Property details

About 1040 W 9th St

INVESTOR SPECIAL. Full brick duplex in the heart of Lorain that is fully tenant occupied. This property is grossing $2,630 a month in rent per month! Both tenants are currently on yearly leases, and would like to stay. Tenants pay their gas and electricity, owner pays water, sewer, and trash. Don't miss out on your opportunity to add this turnkey and cash flowing investment property to your portfolio​​‌​​​​‌​​‌‌​‌‌​​‌​​​​‌‌​‌​​​​‌​ today!

Highlights

Home typeDuplex
HeatingBaseboard, Electric
StatusActive
Size4,077 sqft
BasementYes
Lot size0.17 Acres
Year built1900
ParkingDriveway
MLS #5120808

Summary

  • Full Bathrooms: 2
  • Appliances: Range, Refrigerator
  • Basement: Yes
  • Total Bedroom Count: 4
  • Attached Garage: No
  • Private Pool: No
  • Parking: Driveway
  • Heating: Baseboard, Electric
  • Cooling: None
  • List Price: $159,900
  • Price/SqFt: $39
  • Annual Tax Amount: $1,283
  • Tax Year: 2023
  • Directions: E Erie Ave to Washington Ave to W 9th St.
  • Year Built: 1900
  • Stories: 2
  • Living Area: 4,077 SqFt
  • Lot Size: 0.17 Acres
  • MLS Number: 5120808
  • MLS Name: NOWDD
  • Office Name: RE/MAX Traditions
  • Office Phone: (440) 796-9186
  • Office Email: DrewDickson@remax.net
  • Listing Agent: Drew Dickson

IDXCopyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/8/2025, 9:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of home featuring brick siding, a porch, and a front lawn

$159,900

1040 W 9th St

$1,899

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 05, 2024
Home Sold
$118,000
Jul 06, 2023
Home Sold
$87,500
Jun 26, 2023
Home Sold
$60,000
Apr 25, 2003
Home Sold
$76,000

Tax history

YearAssessmentProperty Tax
2023$24,291$1,283
2022$24,290$1,272
2021$24,290$1,272
2020$21,470$1,294
2019$21,476$1,287
2018$21,476$1,288
2017$20,650$1,313

History based on county public records data.

Nearby schools

3

Admiral King Elementary School

Public District PK-5

0.1 mi

720 Washington Ave

3

Constellation Schools: Lorain Community Elementary School

Public Charter KG-4

0.4 mi

1110 W 4th St

3

Hawthorne Elementary School

Public District PK-5

0.7 mi

610 W 20th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $52,546. Typical income of Lorain, OH residents is between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

33%
<35k
56%
35k-100k
11%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

37%
Single, No Kids
24%
Single, with Kids
22%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
13%
12-17 yrs old
19%
18-34 yrs old
38%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • BurlingtonBurlington
  • Family DollarFamily Dollar
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • White CastleWhite Castle
  • Golden CorralGolden Corral

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • BuickBuick

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • RockRock
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1040 W 9th St in Lorain, OH and zip code 44052. This 4,077 square foot home, which was built in 1900, sits on a 0.17 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 7, 2025 and is currently priced at $159,900.

In April 2025, from all listings sold in Lorain, OH there were more than 24 sold above asking price, over 28 sold below and more than 11 were sold right at the asked price. The number of listings in Lorain, OH increased by 9% between March and April 2025. While the average time on the market in April 2025 was 52 days, the median list price was $150,000.

From Rocket Homes Real Estate and based on county public records data.

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