A Cutler Real Estate Homefinder account is required to view this listing.
Listed By
Agency Name: Howard Hanna
Agency Contact: davidsturgeon@howardhanna.com, 216-375-4486
Shown By
Agent Name: Karen Fitzpatrick
Agent Phone:
Agency Title: Cutler Real Estate
TOUR THIS HOME
Choose a date and time to see 223 W 16th Street, Lorain, OH 44052.
I will get in touch with you shortly.
Property Description
Investor-focused single-family rental in Lorain: 223 West 16th St is a 3-bed, 1-bath home leased at $1,350/month through July 2026, delivering immediate, predictable cash flow with a tenant in place. Located under 3 miles from Lake Erie with convenient access to Lakeside Landing, Oasis Marina, Lakeview Beach, Black River Landing, and Broadway/Old Town Charleston amenities, the property benefits from strong year-round rental demand and potential future short-term rental upside at lease end (if permitted). Solid cash-flowing asset with coastal-proximity demand drivers; showings by appointment only due to tenant occupancy.
Property Features
Property Type: Residential - Single Family
Basement: Yes
Basement: Unfinished
Cooling: None
Days on Market: 364
Heating: Forced Air
Home Style: Cape Cod
Lot Size: 0.04 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $1,035 / year
Year Built: 1900
Feature Descriptions
Exterior: Vinyl Siding
Parcel#: 02-01-003-141-002
Parking: Driveway
Sewer: Public Sewer
Water: Public
Local Schools
School District: Lorain City
Estimate Your Payment
Estimated Payment
$ 708.88 per month $589.09 Principal & Interest $86.25 Property Tax $33.54 Homeowner's InsuranceChange Payment Information
Print This Listingx
Select a format below, new window will open and will prompt you to print.
223 W 16th Street | MLS# 5139835
This single family home located at 223 W 16th Street, Lorain, OH 44052 is currently listed for sale with an asking price of $115,000. This property was built in 1900 and has 3 bedrooms and 1 full baths. W 16th Street is located in the Chamberlain subdivision within the Lorain City school district. Search Chamberlain real estate on string.cutlerhomes.com today.