Home / Lorain / Land Contract Opportunity – $89,900 With Just $6,000 Down!
Photos Floor Plans Amenities
Updated over 1 month ago
Contact property manager for current availability

Land Contract Opportunity – $89,900 With Just $6,000 Down!


816 Lexington Ave Lorain, OH

Bed
Bath
4 Beds • 1 Bath
$777 - $899
1616 ft2
0 Available
Managed By: Landlord Leasing, Inc
816 Lexington Avenue
$777
Rented
View
-
$899
Rented
View
Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
68
Somewhat Walkable
Bike Score®
56
Bikeable
Amenities
On-site Laundry
Storage
Refrigerator
Trash Removal Included
Range / Oven
Microwave
Fees & leasing info
Parking
Garage - Attached
Property details
Description

Land Contract Opportunity – $89,900. Own this home with just $6,000 down! Seller financing available with a 5-year land contract at 8% APR, based on a 20-year amortization. Estimated monthly payment: $898.94 (includes seller protection fee and property taxes).
Step into this spacious 4-bedroom, 1-bath colonial filled with charm and potential. Start your day on the covered front porch, then enter a welcoming living room featuring a ceiling fan and newer carpeting throughout. The formal dining room flows into a sun-drenched bonus room surrounded by windows—ideal as a reading nook, home office, or playroom.
The kitchen offers updated cabinetry and a practical layout. Two bedrooms and a full bath are located on the main floor for added convenience. Upstairs, you'll find two additional bedrooms with closets—perfect for family, guests, or hobbies.
A rear mudroom leads to the basement, and the partially fenced yard includes a storage shed. The home also features a private driveway for off-street parking.
Located just blocks from downtown Lorain, enjoy close proximity to restaurants, festivals, and Lake Erie attractions.
This home is being sold as-is—a great opportunity for buyers ready to build equity and make it their own. Don’t miss your chance at affordable homeownership.
Contact us for a private showing or apply now on Landlord Leasing's website.

Additional Details
Total Unit Count: 1
Last Updated: Updated over 1 month ago
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Charter Communications 940.0 35.0
CenturyLink, Inc. 80.0 10.0
ViaSat, Inc. 35.0 3.0
Hughes Network Systems, LLC 25.0 3.0
North Coast Wireless Communications 25.0 3.0
Data from June 2020 provided by the FCC
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Photos Floor Plans Amenities
Rent report

If you downsized to an average priced Lorain 3 bedroom apartment, you would pay 17% less per month.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Lorain Average
Studio $724 $1.70 $2,171
1BR $815 $1.40 $2,444
2BR $1,062 $1.30 $3,185
3BR $1,338 $1.00 $4,013
4BR $1,568 $1.00 $4,703

Availability in Lorain

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 33 2BR units on the market in Lorain. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
11% 18% 32% 21% 16%
Available Units in Lorain
Studio 11
1BR 19
2BR 33
3BR 22
4BR 17
Location
Nearby College
Nearby Hospitals
Name Distance
Clear Vista Health & Wellness 3.42 mi.
Mercy Regional Medical Center 3.57 mi.
Specialty Hospital Of Lorain 4.96 mi.
Nearby Fire Stations
Name Distance
Lorain Fire Department 0.45 mi.
Sheffield Township Fire Department 2.53 mi.
Sheffield Township Fire Department 3.51 mi.
FAQs
Is this property currently leasing units?
No. This property is not currently accepting new tenants.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
Where is this property located?
This property is at 816 Lexington Ave in Lorain, OH. It's 0.8 miles north from the center of Lorain.
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