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1653 E 31St Street Lorain, OH, United States 44055

Investment Opportunity in Lorain! Spacious 3-Bedroom Duplex with Strong Rental Potential Don’t miss this excellent investment opportunity in Lorain! This duplex features two spacious units, each offering 3 bedrooms, 1 full bath, and an additional toilet in the utility/laundry room—a rare bonus for added convenience. Each unit is 1,144 sq ft, providing plenty of living space, and both are all-electric with separate electric services, giving tenants control of their own utilities. With a little TLC, this property has amazing rental income potential—perfect for a handyman, first-time investor, or seasoned pro looking to expand their portfolio. Conveniently located near schools and just minutes from highways, downtown Lorain, restaurants, beaches, marinas, and parks, this property offers easy access to the area's best amenities—making it highly attractive to potential renters. Whether you're looking to live in one unit and rent out the other, or rent out both for consistent cash flow, this is a solid investment you won’t want to miss!

Amenities

  • Bedrooms: 6
  • Full Bathrooms: 2
  • Partial Bathrooms: 0
  • Property Type: Residential
  • Architectural Style: Other
  • Year Built: 1975
  • Built in 1975
  • Home size: 3,388 ft2 / 314.75 m2
  • MLS: 5113990
  • Status: Pending
Copyright ? 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Property brokered by

Russell Real Estate Services

(800) 556-6530

Presented by Ralph Mercado

  • (440) 282-4444
  • (440) 282-4444 (Office Phone)

Contact Ralph Mercado

Contact Agent

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