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Kitchen featuring white cabinetry, a built-in range hood, two windows, and resilient sheet flooring
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Wood-paneled walls with light-toned wood-finish flooring
Wood-finish flooring, wood paneling, wall-mounted shelving, and a drop ceiling
White tile flooring with black accents
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White single basin vanity with an integrated sink
Wood-finish flooring, white walls, and a ceiling-mounted light fixture
Light wood-finish flooring, white painted walls, and window with dark curtains
Wood-finish flooring, white walls, and two windows with trim
Wood-panel accent wall and ceiling-mounted light fixture
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Expansive grass lawn bordered by privacy fencing and mature trees
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Description
Investor opportunity at 206 W 29th St in Lorain! Section 8 tenant already in place paying $1,280/month on a one year lease through April 2027, providing immediate rental income and established occupancy. The property has seen recent cosmetic updates, including new flooring and appliances, along with a new sump pump. These updates provide a refreshed interior while maintaining the property's appeal as a rental investment. Great addition to an existing portfolio or an opportunity for a first-time investor looking for an income-producing property with a tenant and lease already in place. No showings until accepted offer.
Details
| MLS # | 5236389 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 8 |
| Listing Provided By | Russell Real Estate Services | Tal Tamir |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,456 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.15 |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Driveway, No Garage, Unpaved |
Taxes
| Tax Annual Amount | 1164 |
|---|
Area Information
| State | OH |
|---|---|
| County | Lorain |
| City | Lorain |
| Zip Code | 44055 |
| Community Name | Morehouse & Fosters |
| Listing VS Median (in Morehouse & Fosters) | |
Price: $109,900 low | high Med: $109,900 sqft: 1,456 low | high Med: 1,456 $ / sqft: $75 low | high Med: $75 On site: 8 low | high Med: 8 | |
Market Activity 44055
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Learn More About This Property
| State | OH |
|---|---|
| County | Lorain |
| City | Lorain |
| Zip Code | 44055 |
| Community Name | Morehouse & Fosters |
| Listing VS Median (in Morehouse & Fosters) | |
Price: $109,900 low | high Med: $109,900 sqft: 1,456 low | high Med: 1,456 $ / sqft: $75 low | high Med: $75 On site: 8 low | high Med: 8 | |
Listing Updated: August 17, 2026 at 5:36:31 PM PDT