Lorain OH Multi Family for Sale
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- 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.
$265,900
380 N Ridge Road Lorain, OH 44053
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- 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:
- NEW LISTING
- Beds:
- 3
- Lot size:
- 0.12 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 5084388
- Subdivision:
- Charleston Village
ADDITIONAL INFORMATION
Twice as Good! Up and Down Duplex in a well traffic area, first level offers a welcoming front porch, two kitchens, two bedrooms, efficient floor plan, access to unfinished full basement, second level has a one bedroom, full bath, living room, vinyl siding, large lot, garage, partially fenced lot, perfect location walking distance to Lake Erie, Lorain Historic downtown area, Black River landing entertainment district, shopping, schools, churches, Palace Theater and so much more. Real Estate is a Great addition to your financial portfolio. Call today!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.11 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 5081943
- Subdivision:
- Bramans
ADDITIONAL INFORMATION
Investment property. Tenant occupied. Month to month and section 8.
$135,000
437 Delaware Avenue Lorain, OH 44052
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.16 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 5080749
- Subdivision:
- Ca Sturtevants Fair Home Allo
ADDITIONAL INFORMATION
Great opportunity near downtown Lorain & Black River Landing. This duplex has a 1 bed occupied unit up and a 2 bedroom unit down that is vacant with full basement. Live downstairs or rent both and have instant cash flow. Downstairs unit has been freshly cleaned and painted. Plenty of yard space here and a 2 car garage that could be rented out or used by the owner. Schedule your showing today.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.17 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 5078386
- Subdivision:
- Bramans 1st Add
ADDITIONAL INFORMATION
Exceptional investment opportunity! Don’t miss out on this prime investment. Both units are tenant-occupied. Each unit is producing $850 income per month. Property is being sold as is. Seller will make no repairs.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.13 Acres
- Year built:
- 1970
- Baths:
- 2.00
- MLS#:
- 5078380
- Subdivision:
- Oberlin Ave Realty Cos Add
ADDITIONAL INFORMATION
Exceptional investment opportunity! Rarely available side-by-side multi-unit property. Don’t miss out on this prime investment. Both units are tenant-occupied. Total income $2,000 per month. Property is being sold as is. Seller will make no repairs.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.15 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 5073960
ADDITIONAL INFORMATION
Investors take note! New main roof and the upstairs unit has been renovated with new drywall and paint! This double has lots of potential for the investor seeking a ready to rent unit recently rehabbed. Longer term traditional tenant in the down unit $825/month and tenant would like to stay; the up unit is vacant. Large basement has plenty of storage and laundry hookups. Large backyard perfect for tenant recreational activities. Down unit has pass through to bathroom; could be additional bedroom. Seller will make no further repairs. Professional property mgmt in place. Do not disturb down tenant, this unit can be inspected after accepted offer.
$105,000
1010 E 34th Street Lorain, OH 44055
- 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.
$139,900
1231 W 5th Street Lorain, OH 44052
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.25 Acres
- Year built:
- 1923
- Baths:
- 3.00
- MLS#:
- 5073029
- Subdivision:
- Brownells
ADDITIONAL INFORMATION
Turnkey Triplex. Tons of money to be made on this one. Email agent for market rent roll & video tour along with complete investment analysis, drone footage, information on the mechanical systems of the building. Local & out of state investors welcome!
$129,900
1850 E 32nd Street Lorain, OH 44055
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.16 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 5071950
- Subdivision:
- Sheffield Land Companys
ADDITIONAL INFORMATION
6 bedrooms this side by side multi family home offer 2 units each with 3 bedrooms, 1 bath, living room, dinning area, eat-in kitchen and full separated basement under each unit. Off Street parking shared garage and large backyard.
$164,900
1777 E 37th Street Lorain, OH 44055
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.27 Acres
- Year built:
- 1942
- Baths:
- 2.00
- MLS#:
- 5068756
ADDITIONAL INFORMATION
Welcome to this fully renovated duplex, meticulously updated from top to bottom! This property offers two identical units, each featuring 2 bedrooms and 1 bathroom, perfect for investors or owner-occupants looking to offset their mortgage with rental income. Inside, you'll find brand new everything—from the windows and doors to the flooring and bathrooms, offering a modern and fresh feel throughout. The floor joists have been replaced to ensure a solid foundation for years to come, as well as a new furnace. The property also boasts a spacious backyard, perfect for outdoor entertaining or gardening, and off street parking, offering added appeal for tenants. With gross rental potential of $2,400/month, this is an excellent opportunity to generate steady income. Move-in ready and full of upgrades, this duplex is a prime investment waiting for its new owner with nothing to do other than find your future tenants! Don’t miss out on this turn-key opportunity.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.23 Acres
- Year built:
- 1955
- Baths:
- 2.00
- MLS#:
- 5069137
- Subdivision:
- Cromwell Gardens
ADDITIONAL INFORMATION
Exceptional investment opportunity! Rarely available side-by-side multi-unit property. Don’t miss out on this prime investment. Both units are tenant-occupied. Property is being sold as is. Seller will make no repairs.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.06 Acres
- Year built:
- 1900
- Baths:
- 3.00
- MLS#:
- 5063082
- Subdivision:
- Selah Chamberlain Allotment 01
ADDITIONAL INFORMATION
The storefront space is spacious and adaptable for various business types. Includes a half bath for convenience and features an additional bedroom, ideal for an office or storage. Flooring has been recently updated. The upstairs unit has a cozy 2-bedroom, 1-bath layout perfect as a rental unit. The downstairs 1 bedroom apartment offers a comfy vibe with it's newly updated kitchen, bathroom and flooring. An additional lot is included. Don’t miss out on this unique property that combines residential comfort with commercial potential. Schedule a viewing today.
$126,900
2363 E 37th Street Lorain, OH 44055
- 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:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.09 Acres
- Year built:
- 1905
- Baths:
- MLS#:
- 5055272
- Subdivision:
- Stecks Tenth Ave Allotment
ADDITIONAL INFORMATION
Discover the potential of this roomy brick double, boasting 2600 sq ft of open living space, complemented by an additional 1300;sq ft full basement!*Also offers a 22x8 rear patio off first floor and 22x8 rear balcony off second floor*Ideal for investors or contractors, this property is situated in a fantastic location near parks, schools, and the scenic shores of Lake Erie*The spacious, versatile layout is perfect for a total rehab, allowing you to customize and create your dream space!* Enjoy the benefits of a large parking area and a private backyard, offering ample space for outdoor activities and relaxation*Don’t miss out on this unique opportunity to invest in a prime location and transform this property into a beautiful home or a lucrative Multi-Unit rental!
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.12 Acres
- Year built:
- 1900
- Baths:
- 3.00
- MLS#:
- 5046789
- Subdivision:
- Charleston
ADDITIONAL INFORMATION
What an excellent opportunity to add cash flow to your portfolio! Triplex located right near the heart of Lorain, walking distance to Broadway with its new look and constant and continuous improvements. The City of Lorain is making a comeback, attracting new businesses and with grants from Ohio to improve the waterfront you could be ahead of the big build up over the next several years with this property! Great cash flow at over $1700 gross a month with low, low Lorain property taxes dialing in at less than $1000 per year currently. Not a property you want to miss!
$100,000
614 W 25th Street Lorain, OH 44052
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.24 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 5044477
- Subdivision:
- Lorain Stone Cos Add 01
ADDITIONAL INFORMATION
Duplex featuring fresh paint throughout, new furnaces, and new water tanks for both units. Perfect for investors or homeowners looking for a great rental opportunity.
$265,000
1820 Long Avenue Lorain, OH 44052
- 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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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.