#5113490, Matthew P Klein, Listing Office: Walnut Creek Realty, LLC.
1040 W 9th St Lorain, OH 44052
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
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
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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.
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$159,900
1040 W 9th St
$1,899
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
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
Year | Assessment | Property 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.
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.
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.