Backup offers
#5130822, Richard Kropf, Listing office: Russell Real Estate Services
$139,900 List price
1320 W 7th St Lorain, OH 44052
4 beds
2 full
1,986 sqft
0.1 acres
$70 / sqft
Multi-Family
Property details
About 1320 W 7th St
INVESTORS!!! Great opportunity for passive income. This double offers a great investment income in a very popular neighborhood. Upstairs unit recently renovated, full bath fully remodeled, refinished floors, new kitchen flooring, paint throughout. Fully occupied. All you need to do is purchase and start collecting rent. Priced to move fast, don't miss your opportunity. Properties like this don't come on the market very often. Call Listing Agent to schedule showing.
Highlights
Home typeDuplex
HeatingForced Air
StatusActive
CoolingCentral Air
Size1,986 sqft
BasementYes
Lot size0.12 Acres
Year built1923
ParkingDriveway, Garage
MLS #5134707
Garage2 spaces
Summary
- Full Bathrooms: 2
- Basement: Yes
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: No
- Private Pool: No
- Parking: Driveway, Garage
- Heating: Forced Air
- Cooling: Central Air
- List Price: $139,900
- Price/SqFt: $70
- Annual Tax Amount: $1,224
- Tax Year: 2023
- Directions: South of Lake Ave and West of Oberlin Ave
- Year Built: 1923
- Stories: 2
- Living Area: 1,986 SqFt
- Lot Size: 0.12 Acres
- MLS Number: 5134707
- MLS Name: NOWDD
- Office Name: Keller Williams Citywide
- Office Phone: (440) 258-4726
- Office Email: jackstitak@gmail.com
- Listing Agent: Jack Stitak
Copyright 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: 7/21/2025, 6:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 23, 2023 | Home Sold | $87,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $23,472 | $1,224 |
| 2022 | $23,470 | $1,213 |
| 2021 | $23,470 | $1,213 |
| 2020 | $20,750 | $1,235 |
| 2019 | $20,752 | $1,228 |
| 2018 | $20,752 | $1,229 |
| 2017 | $21,540 | $1,352 |
History based on county public records data.
Nearby schools
3
Constellation Schools: Lorain Community Elementary School
Public Charter KG-4
0.3 mi
•1110 W 4th St
3
Admiral King Elementary School
Public District PK-5
0.4 mi
•720 Washington Ave
3
Hawthorne Elementary School
Public District PK-5
1.0 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 $48,636. Residents of Lorain, OH typically earn between $35k-100k each year. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
40%
<35k
46%
35k-100k
14%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
48%
Single, No Kids
21%
Single, with Kids
19%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
10%
12-17 yrs old
22%
18-34 yrs old
41%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Horse Races
Where do the neighbors shop?
Family Dollar
Burlington
Stein Mart
Where do the neighbors go to eat?
White Castle
Church's Chicken
LongHorn Steakhouse
What do the neighbors drive?
Chevrolet
Buick
Kia
What do the neighbors listen to?
Rock
Urban Adult Contemporary
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1320 W 7th St
The listing price of 1320 W 7th St property is $139,900.
The property 1320 W 7th St is a multi located in Lorain, Ohio, 44052.
Active Listing: 1320 W 7th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1320 W 7th St are: Constellation Schools: Lorain Community Elementary School (GreatSchools Rating 3/10), Admiral King Elementary School (GreatSchools Rating 3/10), Hawthorne Elementary School (GreatSchools Rating 3/10), Constellation Schools: Lorain Community Middle School (GreatSchools Rating 4/10), Lorain Bilingual Preparatory Academy (GreatSchools Rating 3/10), General Johnnie Wilson Middle School (GreatSchools Rating 4/10), Lorain High School (GreatSchools Rating 3/10), Horizon Science Academy Lorain (GreatSchools Rating 4/10), Clearview High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $1,224 (source: MLS/based on county public records data).
The last sale was on August 23, 2023 for $87,000 (source: MLS/tax record).
The property 1320 W 7th St is 1,986 SqFt (source: MLS/tax record).
The year of construction for 1320 W 7th St is 1923.
This home is located at 1320 W 7th St in Lorain, OH and zip code 44052. This 1,986 square foot home, which was built in 1923, sits on a 0.12 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 26, 2025 and is currently priced at $139,900.
Over 29 listings were sold over their listed price in June 2025 in Lorain, OH. In the same period over 28 listings were sold below the listed price and 7 listings were sold for the listed price. Between May and June 2025, Lorain, OH real estate market has seen decrease in the number of listings by 3.4%. In June 2025, listings were on the market for 43 days. During the same period, the median list price in this real estate market was $150,000.
From Rocket Homes Real Estate and based on county public records data.