Lorain OH Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.08 Acres
Year built:
2001
Baths:
3.00
MLS#:
5090878
Subdivision:
Erie-Beach Allotment

ADDITIONAL INFORMATION

Attention Investors! Are you looking to add a property to your Real Estate Investment portfolio? 4400-4408 Meister road is a property that will produce income! The property was just built in 2001, all major mechanical systems, are built to modern standards and in good operating condition. Both units are fitted with Central air, the garage side unit A/C was replaced in 2024. The property also offers plenty of parking, with three driveways and one attached garage. The garage unit is a bit larger offering; two bedrooms, two bathrooms, a spacious living room and large kitchen with solid cabinetry and counter space. Just off of the kitchen is an addition to the original dwelling allowing for an office, an additional bedroom or living space. The basement offers an abundance of additional living space, storage and a half bathroom. The second unit is a bit smaller but is still a good size two bedroom unit with one bathroom, a large living room and spacious kitchen. The left unit also has basement access which allows for plenty of storage. You don't want to miss out on this property, call your favorite Realtor for a private showing today.

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Lot size:
0.5 Acres
Year built:
1900
Baths:
4.00
MLS#:
5088250

ADDITIONAL INFORMATION

Prime fourplex investment opportunity. Each unit has 2 bedrooms and 1 bathroom, functional layouts with spacious living areas in each unit. consistent rental income potential, low maintenance property, Proximity to schools, shopping and more. Whether you are a seasonal investor or just starting out, this property is an ideal addition to your portfolio. Each unit has been design to attract and retain reliable tenants, ensuring consistent cash flow, invest in your future, this fourplex is your next big step

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.22 Acres
Year built:
1979
Baths:
2.00
MLS#:
5086634
Subdivision:
Edgewood Estate Sub

ADDITIONAL INFORMATION

Well maintained multi-family home in a very desirable neighborhood. This up/down multi-family home is perfect for investment income or a house hack where you live in one unit and rent the other. There is an attached garage and fenced backyard. Current tenants in-place until 7/25 at $1100/$1100 that pay all utilities including water. There are laundry rooms in both units with owner provided washer/dryer in each unit. This is an excellent opportunity to get into real estate investing with a turn-key property with long term tenants in place

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.14 Acres
Year built:
1900
Baths:
2.00
MLS#:
5085271

ADDITIONAL INFORMATION

Lorain duplex with estimated rents totalling about $1900/mo! Two 2-bedroom units, spacious (over 900 sf each) with huge eat-in kitchens, dining area, and access to the full, unfinished basement. Other features: newer roof, driveway for plenty of off-street parking. Upstairs is rent-ready, downstairs needs work. Just a little work to get this one cash flowing again! Lorain city taxes, conveniently located near shopping, freeway access, schools, shopping and more.

Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Lot size:
6.2 Acres
Year built:
1978
Baths:
3.00
MLS#:
5084757

ADDITIONAL INFORMATION

Rare opportunity for Real Estate investors. Several ways to optimize your profits. First floor offers 1,600 square foot open space that can be utilized as a business space or can be refigured for an apartment rental. Second floor has 2 units, 1100 sq feet each with 2 bedrooms each. All three units are vacant. This property is sitting on 6.2 acres. Lots of possibilities. Front of lot is zoned R3 and behind buildings is zones R1B. The house and outbuildings on east side of Triplex are not being sold and there will be a lot split after the purchase agreement is in place. This property is less than one mile from Route 2.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.15 Acres
Year built:
1900
Baths:
2.00
MLS#:
5074264
Subdivision:
Highland Add

ADDITIONAL INFORMATION

Great investment opportunity in Lorain. This home is under construction but has new exterior doors, a new roof, new gutters, a new hot water tank, a new furnace, and new plumbing on the first floor. On the second floor the plumbing is roughed in but not completed. Also, new electrical work is mostly done on the first floor and roughed in on the second floor. The basement has been waterproofed, and the first-floor bathroom has already been remodeled. Don't miss your chance to invest in real estate.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.22 Acres
Year built:
1900
Baths:
2.00
MLS#:
5071948

ADDITIONAL INFORMATION

Multi Family home with 2 bed 1 bath in each unit. fenced in yard off street parking great location. Newer Panel, hotwater tank and furnace. Great Location

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.17 Acres
Year built:
1949
Baths:
2.00
MLS#:
5062120
Subdivision:
Homewood

ADDITIONAL INFORMATION

Great investment opportunity, each unit offers approx 900 sq ft with separate unfinished Basements with washer/dryer hookups. Tenants pay electric & gas. Tenants on both sides and would prefer to stay, both on month to month agreements.

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Lot size:
0.15 Acres
Year built:
1900
Baths:
4.00
MLS#:
5040356
Subdivision:
Streator

ADDITIONAL INFORMATION

RENOVATED INVESTMENT PROPERTY! Thousands upon thousands recently invested into this FOUR unit residential rental/ one commercial storefront space with a full bathroom and kitchenette. All units are updated in LVP wood look floors with newer kitchens/baths/trim doors! Electrical and plumbing updated!

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Andrea D. Conner, License BRKP.2017002935, Xome Inc., License REC.2015001703, [email protected], 844-400-XOME (9663), 2939 Vernon Place, Suite 300, Cincinnati, OH 45219


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 the owner of this site are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2025 Yes MLS. All rights reserved.



Lorain Real Estate

The median home value in Lorain, OH is $158,000. This is lower than the county median home value of $214,100. The national median home value is $338,100. The average price of homes sold in Lorain, OH is $158,000. Approximately 48.23% of Lorain homes are owned, compared to 40.11% rented, while 11.66% are vacant. Lorain real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lorain real estate agent to arrange a tour today!

Lorain, Ohio has a population of 65,051. Lorain is less family-centric than the surrounding county with 22.46% of the households containing married families with children. The county average for households married with children is 27.46%.

The median household income in Lorain, Ohio is $42,201. The median household income for the surrounding county is $62,390 compared to the national median of $69,021. The median age of people living in Lorain is 38.2 years.

Lorain Weather

The average high temperature in July is 83.7 degrees, with an average low temperature in January of 19.3 degrees. The average rainfall is approximately 38.9 inches per year, with 51.3 inches of snow per year.

Lorain Real Estate Market Conditions

  • Median sales price

    $158,000
    13.4% change since last quarter
  • # Active listings

    179
    30-day change

Lorain Schools and Demographics

Education near Lorain, OH

Metric City County
High School Graduates 83.8 90.9
College Degree - 2 year 10.04 10.54
College Degree - 4 year 12.75 25.99
Graduate Degree 3.04 7.27
Expenditures per Student 15,914 15,914
Students per Teacher 17.7 17.7

Elementary Schools near Lorain, OH

School Grades Students P/T Ratio ZIP
Academy of Arts and Sciences KG - 01 190 18.9 44052
Admiral King Elementary School KG - 06 380 18.6 44052
Constellation Schools: Elyria Community KG - 08 520 15.8 44035
Constellation Schools: Lorain Community Elementary KG - 04 219 17.8 44052
Crestwood Elementary School KG - 05 434 20.4 44035
ELY Elementary School KG - 06 432 19.6 44035
Elyria Early Childhood Center PK - KG 256 15.6 44035
Frank Jacinto Elementary School PK - 06 320 14.2 44052
Franklin Elementary School PK - 05 419 15.9 44035
Garfield Elementary School PK - 06 305 18.7 44055
Hawthorne Elementary School KG - 06 311 16.9 44052
Helen Steiner Rice Elementary School Elementary PK - 06 355 15.7 44055
Knollwood Elementary School PK - 01 288 20.7 44054
Larkmoor Elementary School PK - 06 453 21.7 44052
Lorain Preparatory Academy 02 - 08 311 19.4 44053
McKinley Elementary School KG - 05 363 18.1 44035
Oakwood Elementary School 01 - 05 331 18.7 44035
Palm Elementary School KG - 06 246 22 44055
Prospect Elementary School KG - 05 406 16.7 44035
Stevan Dohanos Elementary School KG - 06 352 17.8 44055
Tennyson Elementary School 02 - 03 260 18.9 44054
Toni Wofford Morrison Elementary School Elementary PK - 06 331 16.2 44052
Vincent Elementary School PK - 05 606 21.6 44055
Washington Elementary School KG - 06 413 19.2 44052
Windsor Elementary School KG - 05 412 16.9 44035

Middle Schools near Lorain, OH

School Grades Students P/T Ratio ZIP
Constellation Schools: Lorain Community Middle 05 - 08 127 13 44052
Durling Middle School 04 - 09 549 21.4 44053
Eastern Heights Middle School 06 - 08 519 17 44035
Forestlawn Elementary School 05 - 05 120 18.9 44054
General Johnnie Wilson Middle School 07 - 08 459 14.6 44052
Longfellow Middle School 07 - 08 538 16 44052
Northwood Middle School 06 - 08 483 17.6 44035
Sheffield Middle School 06 - 08 409 15.1 44054
Westwood Middle School 05 - 08 432 17.8 44035
William Barr Elementary School 04 - 04 123 15.5 44054

High Schools near Lorain, OH

School Grades Students P/T Ratio ZIP
Brookside High School 09 - 12 533 14.4 44054
Clearview High School 09 - 12 509 17 44052
Credit Recovery Academy 09 - 12 214 21.3 44055
Elyria High School 09 - 12 1,977 17.5 44035
Life Skills Center of Elyria 09 - 12 162 19.1 44035
Lorain High School 09 - 12 1,803 18.4 44052

Ungraded Schools near Lorain, OH

School Grades Students P/T Ratio ZIP
Horizon Science Academy Lorain KG - 11 580 13.3 44052
Lorain K-12 Digital Academy KG - 12 152 44053
New Beginnings 06 - 12 92 10.5 44055

Demographics near Lorain, OH

Metric City County
Neighborhood Type Suburban
Population 65,051 311,737
Population Density 2,748 635
Median Age 38.2 41.9
People per Household 2.4 2.5
Median Household Income 42,201 62,390
Average Income per Capita 23,444 33,799