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514 W 20th Street, Lorain, OH 44052

William A Braman · Lorain County

Key Facts

4Beds
2Baths
1923Year Built
0.10Lot (acres)
2Stories

Description

Investment opportunity, or owner occupant wanted! This duplex on a quiet street is ready for you. The bottom unit has a long-term tenant, and the top unit is ready for you to customize. The bottom tenant pays $950 monthly creating strong cash flow! Three bedrooms and one bath on the first floor, and two bedrooms and one bath on the top floor. Close to everything Lorain has to offer, this is one you don't want to miss. The home is being sold as-is.

Property Information

Property Type

Residential Income

Sub-Type

Duplex

Year Built

1923

Stories

2

Lot Size

0.10 acres

MLS® Listing#

5192615

Property Features

Cooling

Ceiling Fan(s)

Heating

Natural GasBaseboard

Basement

Other

Parking

Unpaved

Construction

Vinyl Siding

Roof

AsphaltFiberglass

Sewer

Public Sewer

Water Source

Public

Financial Details

Annual Taxes

$1,512

Tax year 2024

Parcel Number

02-01-003-152-013

Directions

Between Oberlin Ave and Broadway

Affordability Calculator

$24,000

Estimated monthly payment

$639/mo

Principal $96,000 · Est. interest $133,929 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Lorain, OH

38
Median Days on Market
1,664
Median Sq Ft
$129
Median Price / Sq Ft
125
Active Listings

Market statistics compiled from active EXIT Realty® and MLS listings in Lorain, OH.

Location

Map showing the location of 514 W 20th Street, Lorain, OH 44052

Points of Interest in Lorain, OH

Showing the Lorain area map.

Nearby Schools

  • Hawthorne Elementary School

    Elementary · 0.1 mi away

  • Washington Elementary School

    Elementary · 0.5 mi away

  • General Johnnie Wilson Middle School

    Secondary · 0.6 mi away

  • Lccaa Hopkins Locke Head Start

    School · 0.6 mi away

  • Lorain Preparatory High School

    Secondary · 0.7 mi away

  • Garfield Elementary School

    Elementary · 0.8 mi away

  • Admiral King Elementary

    Elementary · 0.8 mi away

  • Lorain St. Mary's Academy & High School

    Secondary · 0.8 mi away

  • LCCC Community Learning Center at Lorain High School

    Secondary · 1.1 mi away

  • Lorain High School

    Secondary · 1.1 mi away

  • Horizon Education Centers

    School · 1.1 mi away

  • St Peter School

    School · 1.1 mi away

  • Charleston Center School

    School · 1.2 mi away

  • Lorain City Schools

    School · 1.2 mi away

  • Frank Jacinto Elementary

    Elementary · 1.2 mi away

  • Summit Academy

    School · 1.5 mi away

  • Stevan Dohanos Elementary School

    Elementary · 1.6 mi away

  • Toni Morrison Elementary School

    Elementary · 1.7 mi away

  • Durling Middle School

    Secondary · 1.7 mi away

  • St Anthony of Padua School

    School · 1.8 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

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Moving Cost Estimate

EXIT Agents in Lorain

Listing Courtesy: McDowell Homes Real Estate Services - marissarosen@mcdhomes.com, 440-724-2663

The information being 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. Listing information provided courtesy of the Northern Ohio Regional Multiple Listing Service.

Last Updated: 2026-03-13

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by LakeGeaugaAreaAssociationOfRealtors. MLS® Listing#5192615. © 2026EXIT Realty®. All rights reserved.