Property Description

This well-maintained side-by-side duplex offers a solid investment opportunity with immediate income in place. Located perfectly in the Lorain/Amherst area, convenient to all highways, restaurants and shopping. Each unit features three generously sized bedrooms, one full bath plus one half bath, providing comfortable and functional living space. This property has been thoughtfully updated, including a brand-new roof, offering peace of mind for the next owner. An attached two-car garage adds convenience and value, while incorporating a more single-family feel for tenants. The long-term tenants that are already in place, reflect the care and consistency they provide for this property, making this deal for investors. Start 2026 with this turnkey property that provides a solid, low-maintenance addition to any real estate portfolio!

1519 Shaffer Drive | MLS# 5181019

This multi-family property located at 1519 Shaffer Drive, Lorain, OH 44053 is currently listed for sale with an asking price of $250,000. Shaffer Drive is located within the Lorain City school district. Search Lorain real estate on 251danielburnhamsquareunitunit259.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple

Basement: Concrete

Cooling: Ceiling Fan(s), Wall/Window Unit(s)

Days on Market: 96

Garage: 2 car attached

Heating: Electric

Lot Size: 0.23 Acres

Roof Type: Asphalt, Fiberglass

Stories: 2.0

Taxes: $2,340 / year

Year Built: 1975

Feature Descriptions

Community Features: Lake, Medical Service, Playground, Park, Sidewalks

Exterior: Aluminum Siding, Wood Siding

Fencing: Partial

Parcel#: 02-02-005-113-002

Parking: Assigned, Attached, Direct Access, Driveway, Garage

Sewer: Public Sewer

Water: Public

Local Schools

School District: Lorain City

Demographics

Lorain County Demographic Information for 1519 Shaffer Drive, Lorain, OH 44053

Fips

Fips Code 39093

Population

2020 to 2025 Change up 3.3%

2010 Count 301,356

2020 Count 312,964

2025 Estimate (V2025) 323,219

2020 Estimate (V2025) 312,956

Age Distribution (Years Old)

0 to 4 5.2%

5 to 17 21.1%

18 to 64 53.0%

65 and Older 20.7%

Gender

Male 49.6%

Female 50.4%

Place of Birth

Foreign 3.1%

US 96.9%

Education

High School Graduate, Age 25+ 91.8%

Bachelor's Degree or Higher, Age 25+ 28.5%

Computer and Internet use

Households with a computer 94.8%

Households with a broadband Internet subscription 88.9%

Language

English is Second Language, Age 5+ 7.8%

English is First Language, Age 5+ 92.2%

Veterans

Veterans 18,512

Income

Per Capita Income $40,798

Median Household Income $73,347

People in Poverty 10.8%

Commute

Average Work Commute Time 26 minutes

Housing

Total Housing Units 136,666

Households 127,544

Average Household Size 2.42

Owner-Occupied 74.0%

Multi-Family 17.0%

Owner-Occupied Median Value $223,200

Median selected monthly owner costs -with a mortgage $1,525

Median selected monthly owner costs -without a mortgage $629

Median gross rent $966

Building Permits

New Private Housing Issued 2024 1,331

Years at Residence

1 Year or More 90.9%

Less Than 1 Year 9.1%

Business and Employment

Private non-farm Establishments 5,664

Private non-farm Employment 89,159

Private non-farm Employment Growth 0.0%

Nonemployer Establishments 21,949

Number of Firms 4,759

Business Production

Value of Shipments $6,058,884,000

Wholesale Trade $2,315,415,000

Retail Trade $3,875,576,000

Retail Sales Per Capita $12,297

Accommodation and Food Services $444,363,000

Land

Land Area 491.10 sq. miles

Population Per Square Mile 614

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,538.64 per month $1,270.72 Principal & Interest $195.00 Property Tax $72.92 Homeowner's Insurance

Change Payment Information

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1519 Shaffer DriveLorain, OH 44053