Lorain OH Multi Family for Sale
$165,000
2839 Elyria Avenue 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#:
- 5101894
ADDITIONAL INFORMATION
Exceptional investment opportunity! This remodeled and updated 6-bedroom, 2-bath duplex (3 bed/1 bath per unit) offers a spacious and modern living environment with updated vinyl siding, energy-efficient windows, and durable luxury vinyl flooring throughout. Situated on a partially fenced, generously sized lot in a desirable suburban location, this property is perfect for investors or owner-occupants looking to offset their mortgage with rental income. The first-floor unit is currently rented, while the second-floor unit is rent-ready and available for immediate occupancy. Large, light-filled rooms provide a comfortable and inviting atmosphere, making it an attractive option for long-term tenants. Ideal for traditional rentals or Section 8 housing, this property offers excellent cash flow potential with professional property management available if needed. A full open basement provides additional storage or expansion opportunities. Invest in a quality property with strong rental demand and enjoy the benefits of suburban investing—fewer regulations, better tenants, and higher returns. Don’t miss this fantastic opportunity—schedule your private tour today!
Open House:
Saturday, 3/8 11:00-12:00PM
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.22 Acres
- Year built:
- 1900
- Baths:
- 3.00
- MLS#:
- 5101257
ADDITIONAL INFORMATION
Amazing Opportunity in the City of Lorain! Massive Two Family with Major Updating! Move-In Ready! Nestled on a 50x190 Lot this Home has Curb Appeal with Two New Porches on First & Second Levels. Two Car Detached Garage. All Newly Updated Units. First Floor with Spacious Living Room Featuring Stone Fireplace. Updated Kitchen with White Shaker Cabinets, Granite Countertops, White Subway Tile Backsplash, Range, Dishwasher, Microwave and Dining Area! Laundry Room in First Floor Unit. Two Bedrooms and Updated 1.5 Baths. New Carpet and Luxury Vinyl Flooring Throughout and Freshly Painted. Bedroom with Sliders Open to Back Yard. Second Unit with 2 Floors Features 2 Bedrooms and 1 Bath with Balcony! Second level of this unit features large loft area with bonus room. This area can become an additional bedroom and so much more! New Kitchen with White Shaker Cabinets, Granite Counters, White Subway Tile Backsplash, Range, Dishwasher, Microwave. Updated Bath! New Carpet and Luxury Vinyl Flooring. Freshly Painted. Full Basement. All Separate Utilities. This is a Fannie Mae HomePath Property.
$210,000
3025 Globe Avenue Lorain, OH 44055
- 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
$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.
$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.
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Lorain Real Estate
The median home value in Lorain, OH is $121,000. 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 $121,000. 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 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.