$2,363 Closing Credit¹
#5099275, John P Lucien, Listing Office: Berkshire Hathaway HomeServices Lucien Realty
$184,900 List price
529 Hamilton Ave Lorain, OH 44052
$2,196
Closing credit¹
7 beds
4 full
0.2 acres
Multi-Family
Property details
About 529 Hamilton Ave
Terrific opportunity for investor! 2 large 4 bedroom houses on one lot near Lake Erie. $2350.00/month in gross rent both units. Tenants pay water/sewer, gas and electric. Front home at 527 Hamilton (white) has been remodeled - new countertops, flooring, paint, stain, some doors, additional attic bedroom finished, some electrical, new hot water tank, some new plumbing, new drywall/plaster through 80% of home, updated bathrooms, porch repairs. Appliances within last year. Rear home at 529 Hamilton (blue) has had a new renovated bathroom upstairs, some new plumbing. Basement has new crock and sump pump, some electrical, foundation repairs. Vinyl sided. Some roof/gutter repairs. Long term tenant. MTM lease in place on rear unit and full year term on front house with property management services in place. Room for rent increase on rear home and finish work. Unique opportunity as front house could be converted back to MF unit. Dual meters on both houses and separate from one another. Check with Lorain Bldg. Dept. for viability. Both tenants have good payment history. Walk through upon accepted offer only. Do not disturb tenants.
Highlights
Home typeDuplex
HeatingForced Air, Natural Gas
StatusActive
CoolingCeiling Fan(s)
BasementYes
Lot size0.16 Acres
Year built1900
ParkingDriveway, Off Street, On Street
MLS #5098657
Summary
- Full Bathrooms: 4
- Appliances: Range, Refrigerator
- Basement: Yes
- Interior: Ceiling Fan(s)
- Total Bedroom Count: 7
- Attached Garage: No
- Private Pool: No
- Parking: Driveway, Off Street, On Street
- Heating: Forced Air, Natural Gas
- Cooling: Ceiling Fan(s)
- List Price: $184,900
- Annual Tax Amount: $1,787
- Tax Year: 2023
- Directions: Just south of Lake/W Erie Ave., east of Oberlin. Between W 5th and W 6th Street.
- Year Built: 1900
- Stories: 2
- Lot Size: 0.16 Acres
- MLS Number: 5098657
- MLS Name: NOWDD
- Office Name: Realtywise, Inc.
- Office Email: rbauer@realtywise.com
- Listing Agent: Rebecca L Bauer
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: 5/5/2025, 12:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$184,900
529 Hamilton Ave
$2,196
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $33,831 | $1,787 |
| 2022 | $33,830 | $1,860 |
| 2021 | $33,830 | $1,771 |
| 2020 | $29,910 | $1,803 |
| 2019 | $29,912 | $1,793 |
| 2018 | $29,912 | $1,794 |
| 2017 | $28,953 | $1,842 |
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
0.2 mi
•1110 W 4th St
3
Hawthorne Elementary School
Public District PK-5
0.9 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 $20,084. Typical income of Lorain, OH residents is less than $<35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
75%
<35k
22%
35k-100k
3%
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?
72%
Single, No Kids
14%
Single, with Kids
10%
Married, No Kids
4%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
7%
12-17 yrs old
19%
18-34 yrs old
45%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
UFC- Pro Boxing
Where do the neighbors shop?
Family Dollar
Burlington
Forever 21
Where do the neighbors go to eat?
Church's Chicken
Burger King
Popeyes
What do the neighbors drive?
Cadillac
Buick
Dodge
What do the neighbors listen to?
Jazz
Urban Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 529 Hamilton Ave in Lorain, OH and zip code 44052 in the Durand's Plant of Charleston neighborhood. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 21, 2025 and is currently priced at $184,900.
Lorain, OH housing market in April 2025 saw over 24 listings sold above listed price, more than 11 sold at listed price and over 28 sold below. The number of listings in Lorain, OH increased by 9% between March and April 2025. Listings spent 52 days on the market in April 2025, and had a median list price of $150,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.