Value-add opportunity with immediate lease-up potential at 407 W 22nd St in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This two-unit property features one occupied unit generating $995 per month with a lease in place through 3/31/26, while the second unit is currently vacant, providing upside through stabilization. Utilities are structured with the tenant responsible for electric and the owner covering water, sewer, and trash. The property offers a functional layout with solid rental demand in the area, supporting continued occupancy. A strong addition to a larger portfolio, this asset combines in-place income with near-term growth potential.

Based on information submitted to MLS Now as of May 15, 2026 9:38 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. Listing information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Property Details of 407 W 22nd Street

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Property Details of 407 W 22nd Street

Interior Features

Interior Features

Exterior Features

Exterior Features

Utilities and Appliances

Utilities and Appliances

Community

Schools

Other Details

Water

Map Location

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?