Lorain OH Multi Family for Sale

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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:
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.

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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 $113,400. 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 $113,400. 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 44055 has a population of 65,051. Lorain 44055 is less family-centric than the surrounding county with 22.23% 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 44055 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 44055 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

    N/A
  • # Active listings

    61
    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
Admiral King Elementary School KG - 06 380 18.6 44052
Frank Jacinto Elementary School PK - 06 320 14.2 44052
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
Larkmoor Elementary School PK - 06 453 21.7 44052
Palm Elementary School KG - 06 246 22 44055
Stevan Dohanos Elementary School KG - 06 352 17.8 44055
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

Middle Schools near Lorain, OH

School Grades Students P/T Ratio ZIP
Constellation Schools: Lorain Community Middle 05 - 08 127 13 44052
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
Sheffield Middle School 06 - 08 409 15.1 44054
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
Lorain High School 09 - 12 1,803 18.4 44052

Ungraded Schools near Lorain, OH

School Grades Students P/T Ratio ZIP
* Summit Academy Secondary - Lorain 09 - 12 83 7 44052
Horizon Science Academy Lorain KG - 11 580 13.3 44052
New Beginnings 06 - 12 92 10.5 44055

Demographics near Lorain, OH 44055

Metric Zip Code City
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