707 W 20th Street, Lorain, OH 44052
Lorain County
Key Facts
Description
Welcome to 707 West 20th Street, a well-maintained duplex offering a fantastic investment opportunity in the heart of Lorain. This fully occupied property features two spacious units, one upstairs and one downstairs, each in good condition and ready for the new owner to start collecting rent from day one. The downstairs unit enjoys exclusive access to the basement and a charming front porch, perfect for relaxing outdoors. The upstairs unit features access to a private attic and a balcony, adding extra storage and outdoor space for tenants. With two separate driveways, both units have dedicated parking, enhancing convenience and tenant satisfaction. Whether you're a seasoned investor or just starting your real estate journey, this duplex offers solid rental income and long-term potential. Don't miss out on this turnkey property. Schedule your showing today!
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Year Built
1900
Stories
2
Living Area
1,804 sq ft
Lot Size
0.15 acres
Days on Market
156
MLS® Listing#
5149279
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Basement
Parking
Laundry
Fencing
Construction
Roof
Security
Sewer
Water Source
Financial Details
Annual Taxes
$1,425
Tax year 2024
Parcel Number
02-01-006-147-016
Directions
North/South on Oberlin Ave, east on West 21st St, north on Washington Ave, east on West 20th St.
Affordability Calculator
$32,000
Estimated monthly payment
$852/mo
Principal $128,000 · Est. interest $178,571 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
- 126
- Active Listings
- Its price per sq ft is 31% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Lorain, OH.
Location
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 · 0.4 mi away
General Johnnie Wilson Middle School
Secondary · 0.5 mi away
Lccaa Hopkins Locke Head Start
School · 0.6 mi away
Lorain Preparatory High School
Secondary · 0.8 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 · 0.9 mi away
LCCC Community Learning Center at Lorain High School
Secondary · 0.9 mi away
Lorain High School
Secondary · 0.9 mi away
Charleston Center School
School · 1.0 mi away
Lorain City Schools
School · 1.0 mi away
St Peter School
School · 1.1 mi away
Frank Jacinto Elementary
Elementary · 1.1 mi away
Horizon Education Centers
School · 1.1 mi away
Summit Academy
School · 1.5 mi away
Toni Morrison Elementary School
Elementary · 1.6 mi away
Stevan Dohanos 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
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1020 W 19th Street, Lorain, OH | $114,900 | 3 | 1 | 1,196 |
| 326 Indiana Avenue, Lorain, OH | $115,000 | 3 | 2 | — |
| 223 W 16th Street, Lorain, OH | $115,000 | 3 | 1 | — |
| 1524 New Mexico Avenue, Lorain, OH | $115,000 | 3 | 2 | 1,306 |
| 1816 E 34th Street, Lorain, OH | $115,000 | 5 | 2 | — |
| 2567 E 38th Street, Lorain, OH | $115,000 | 3 | 1 | 2,086 |
Moving Cost Estimate
EXIT Agents in Lorain
Listing Courtesy: Howard Hanna - douggeorge@howardhanna.com, 440-320-6700
Last Updated: 2025-08-18