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$1,299,000
49 Days On Site

121 E Erie Avenue
Lorain, OH 44052

For Sale|Apartment|Active
0
Beds
0
Full Baths
0
Partial Baths
15,488
SqFt
$84
/SqFt
1972
Built
Subdivision:
Black River 01
County:
Lorain

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121 E Erie Avenue121 E Erie Avenue121 E Erie Avenue121 E Erie Avenue
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20 Units for sale consisting of the following: 8 unit with 2 bedrooms, 10 units with 8 1-bedrooms and 2 2- bedrooms, a Duplex and an empty residential lot The 8-unit apartment townhouse complex offers comfortable and modern living spaces. Each unit features over 500 Sq feet of space all with two bedrooms with ample closet space. There is also a well-designed full bathroom upstairs and a convenient half-bathroom on the main floor, offering privacy and functionality. The townhouse includes a cozy back patio, providing a great spot for outdoor relaxation or entertaining guests. It’s also situated just minutes away from the scenic Lake Erie and vibrant Downtown Lorain, offering access to both nature and city life. Each unit has two dedicated parking spots and includes laundry inside each unit ensuring convenience for residents and guests. The building is well-maintained, with a newer roof, installed within the last 4 years. These apartments offer a balance of modern amenities, practical design, and a fantastic location near all the essentials. The 10-unit apartment complex offers a mix of 1-bedroom, 1-bath units and 2-bedroom, 1-bath units, ideal for a variety of tenants. Of the 10 units, 8 are one-bedroom and 1-bath, while 2 are two-bedroom, one-bath units, catering to different living preferences. Some of the units have been recently updated, featuring modern appliances, fresh paint, and stylish finishes to enhance the living experience. For added convenience, the complex includes a common laundry area, equipped with Bluetooth-enabled features, making it easy for residents to check on the status of their laundry remotely. The complex also has ample parking, ensuring that tenants and visitors alike have no trouble finding a spot. Also includes a Duplex located at 116 Arkansas Ave Lorain each unit rents for $750, vacant lot to the right of 116 also comes with the sale. There is an easement for the Lorain Port of Authority. Total Gross rents $17300

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Listing Snapshot
Price 
$1,299,000
Days On Site 
49 Days
Bedrooms 
N/A
Inside Area (SqFt) 
15,488 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.1 Acres
Year Built 
1972
MLS® Number 
5100301
Status 
Active
Property Tax 
$17,988
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoStatus changed to Active
4 days agoListing updated with changes from the MLS®
3 weeks agoPrice changed to $1,299,000
2 months agoListing first seen on site
General Features
Acres 
1.1
Additional Property Use 
CommercialVacant
Parking 
Additional ParkingAssignedDrivewayNo GaragePavedParking Lot
Parking Spaces 
30
Property Sub Type 
Apartment
Sewer 
Public Sewer
SqFt Total 
15488
Water Source 
Public
Zoning 
Commercial
Interior Features
Basement 
Partial
Cooling 
Central AirWall Unit(s)
Heating 
Natural GasBaseboardForced AirHot WaterSteam
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Exterior Features
Fencing 
PartialVinyl
Lot Features 
Waterfront
Roof 
Asphalt
Community Features
Financing Terms Available 
CashConventionalPrivate Financing Available
School District 
Lorain CSD - 4709
Township 
Lorain
Schools
School District
Lorain CSD - 4709
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Robert J Cole Sr. of RE/MAX Above & Beyond



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than 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. Information Deemed Reliable But Not Guaranteed. Copyright 2025 - Multiple Listing Service, Inc. – All Rights Reserved.

Neighborhood & Commute
Source: Walkscore
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