21

Lorain, OH Multifamily Homes & Duplexes for Sale

Section Image Section Image
  • /26

    $124,900

    • 4 Beds
    • 2 Baths
    • 1,802 Sq Ft

    1741 E 30th St, Lorain, OH 44055

    Rare side-by-side duplex in good condition. Tenant on left side (1741) pays $1,095. Right side is vacant. Each side has its own basement and small back porch/mud room. Parking on pad behind building. Tenants pay all utilities except water/sewer. Add this property to your portfolio and enjoy the income!

    Agent Photo

    John Fitch

    Market First Real Estate Services

    (440) 276-8029

    1741 E 30th St, Lorain, OH 44055
  • /42

    $109,900

    • 3 Beds
    • 2 Baths
    • 1,344 Sq Ft

    1020 W 10th St, Lorain, OH 44052

    Solid duplex with one long-term tenant and one unit vacant. Newer furnaces. Move into the vacant unit and enjoy the income from your tenant, or rent both out for stable income. Seller seeking cash buyers only, firm on price.

    Agent Photo

    John Fitch

    Market First Real Estate Services

    (440) 530-7421

    1020 W 10th St, Lorain, OH 44052
  • /24

    $129,900

    • 5 Beds
    • 4 Baths
    • 1,536 Sq Ft

    3309 Elyria Ave, Lorain, OH 44055

    Fantastic investment opportunity in Lorain! This freshly painted 2-unit multifamily property features excellent curb appeal and solid updates. The first unit offers 2 bedrooms and 1 full bath, plus exclusive access to the basement where one haft bathroom is being updated. The second unit includes 3 spacious bedrooms and 1 full bathroom, and one haft bathroom.the basement freshly painted

    Floria Aguilera Plum Tree Realty, LLC

    3309 Elyria Ave, Lorain, OH 44055
  • /12

    $250,000

    • 9 Beds
    • 3 Baths
    • 2,924 Sq Ft

    304 W 9th St, Lorain, OH 44052

    Excellent Investment Opportunity. Great Money Maker in the up-and-coming Broadway area near the waterfront! Two properties on one lot for one Price with a Total of Three Units. Gross Income $3,300. All units were renovated during 2020-2021. Tax records indicate this property has 7 bedrooms. Owner says it is 9 bedrooms. This is a Triplex (2 houses in one parcel ID, with a total of 3 units) each

    Paty Opron Howard Hanna

    304 W 9th St, Lorain, OH 44052
  • /34

    $125,000

    • 7 Beds
    • 2 Baths
    • 1,972 Sq Ft

    2346 Livingston Ave, Lorain, OH 44052

    This property is ready for a renovation and holds significant value-add potential! You will be well-positioned to capture built-in equity upon completion of your updates. Still on the fence? The first room off the living room in the lower unit, as well as the attic in the upper unit, are ideal for conversion into additional bedrooms—further boosting rental income or making more room for yourself

    Antonio Smith Keller Williams Living

    2346 Livingston Ave, Lorain, OH 44052
  • /18

    $159,900

    • 4 Beds
    • 2 Baths

    1512 Lexington Ave, Lorain, OH 44052

    Peak Opportunity to own income producing property. This up and down duplex offers on the first level a welcoming front porch, spacious living room, large efficient kitchen with a walk-in pantry, inviting full bathroom, partial basement, second level has 2 cozy bedrooms, living room, charming kitchen and full bath, freshly painted interior, newer furnace, stove connection offers an option of gas

    Andrea Neal Russell Real Estate Services

    1512 Lexington Ave, Lorain, OH 44052
  • /3

    $230,000

    • 6 Beds
    • 2 Baths
    • 2,420 Sq Ft

    1876 E 37th St, Lorain, OH 44055

    Welcome to your next investment or home!! This side-by-side duplex offers 3-bedrooms, 1-bathroom units, making it a fantastic opportunity for investors or owner-occupants. Combined rents total $2200.00 a month. This is a fully rented section 8 propertylocated in a convenient Lorain neighborhood, this property offers immediate cash flow and strong return potential from day one.Don’t miss

    Jason Cathcart Berkshire Hathaway HomeServices Professional Realty

    1876 E 37th St, Lorain, OH 44055
  • /3

    $230,000

    • 6 Beds
    • 2 Baths
    • 2,420 Sq Ft

    1880 E 37th St, Lorain, OH 44055

    Welcome to your next investment or home!! This side-by-side duplex offers 3-bedrooms, 1-bathroom units, making it a fantastic opportunity for investors or owner-occupants. Combined rents total $2395.00 a month. This is a fully rented section 8 propertylocated in a convenient Lorain neighborhood, this property offers immediate cash flow and strong return potential from day one.Don’t miss

    Jason Cathcart Berkshire Hathaway HomeServices Professional Realty

    1880 E 37th St, Lorain, OH 44055
  • /28

    $335,000

    • 12 Beds
    • 4 Baths
    • 3,900 Sq Ft

    1150 W 5th St, Lorain, OH 44052

    1150 West 5th Street in Lorain is a solid investment opportunity for anyone looking to add value and grow their rental portfolio. This four-unit property features spacious layouts, with each unit offering three bedrooms and one bathroom at just under 1,000 square feet. While it is a fixer-upper in need of renovation, it provides the ideal blank slate to customize and increase future rental

    Jeffrey McManamon Hotdoors, LLC

    1150 W 5th St, Lorain, OH 44052
  • /50

    $470,000

    • 7 Beds
    • 6 Baths

    4144 Shore Dr, Lorain, OH 44053

    A Truly One-of-a-Kind Lakefront Opportunity! Set on 1.38 acres with over 100 feet of frontage on the beautiful shores of Lake Erie, this rare property offers incredible potential and flexibility. With four separate dwellings on a single parcel—including a huge garage—this is a blank canvas for your vision. The main house is approximately 1,700 square feet above ground and has been prepped for

    James Miller Howard Hanna

    4144 Shore Dr, Lorain, OH 44053
  • /21

    $169,900

    • 6 Beds
    • 2 Baths
    • 2,160 Sq Ft

    1013-1017 Washington, Lorain, OH 44052

    Fantastic investment opportunity in Lorain! This well-maintained duplex at 1013-1017 Washington Ave features two spacious 3-bedroom units. One unit is currently occupied and generating a solid $1,350/month in rent, while the second unit has been recently renovated and is move-in ready; perfect for maximizing rental income. Both units offer laundry hookups in the basement, and a recently added

    Oliver Moreau Progressive Urban Real Estate Co

    1013-1017 Washington, Lorain, OH 44052
  • /38

    $110,000

    • 6 Beds
    • 3.5 Baths
    • 2,414 Sq Ft

    946 Washington Ave, Lorain, OH 44052

    Attention investors! Don't miss this exceptional opportunity to own a promising piece of real estate at 946 Washington Ave, Lorain, OH, 44052. This triplex offers a wealth of possibilities for the savvy investor looking to expand their portfolio in the Lorain market. Situated on a generous .17-acre lot, this property boasts a total of 5 bedrooms and 3.5 bathrooms across multiple units. While it

    Jennifer Hite Howard Hanna

    946 Washington Ave, Lorain, OH 44052
  • /31

    $109,900

    • 4 Beds
    • 2 Baths
    • 1,500 Sq Ft

    1234 W 21st St, Lorain, OH 44052

    Welcome to 1234 W 21st Street, Lorain, OH 44052 – a solid income-producing duplex located in the heart of Lorain’s revitalizing west side. This property offers an incredible opportunity for both new and seasoned investors to generate steady rental income or live in one unit while renting out the other. The rental potential for LMHA is even more exciting. Estimated at 1200 a month for each unit.

    Zhitao Kuang Realty Trust Services, LLC

    1234 W 21st St, Lorain, OH 44052
  • /5

    $170,000

    • 4 Beds
    • 2 Baths

    2342 Lexington Ave, Lorain, OH 44052

    Great investment property. 2 homes on 1 Lot. Long time tenants. Both would like to stay. Seller will make no repairs. Sold as is.

    Hanna Bhuller Russell Real Estate Services

    2342 Lexington Ave, Lorain, OH 44052
  • /32

    $225,000

    • 8 Beds
    • 4 Baths

    1820 Long Ave, Lorain, OH 44052

    This is an incredible investment opportunity you won't want to miss! Presenting a quadraplex featuring four spacious 2-bedroom, 1-bath apartments, each recently updated with new vinyl flooring, modern lighting, fresh paint, and renovated kitchens and bathrooms. The property has also seen significant upgrades in its electrical and plumbing systems, ensuring a hassle-free experience for both owners

    Danielle Hughes Elite Class Realty LLC

    1820 Long Ave, Lorain, OH 44052
  • /35

    $178,573

    • 7 Beds
    • 2 Baths
    • 2,780 Sq Ft

    1014 Long Ave, Lorain, OH 44052

    Over 2700 sq. ft. two family offers three bedrooms In both units plus expansion possibilities on the huge the third floor. Attached one car garage as well. Across from Park and close to schools. First floor has in-suite laundry room plus large Eat in kitchen. Approximately 9 foot ceilings. Vinyl flooring 2025. First floor, kitchen and baths updated 2025. First floor and some of Second floor has

    John Lucien Berkshire Hathaway HomeServices Lucien Realty

    1014 Long Ave, Lorain, OH 44052
  • /29

    $65,000

    • 4 Beds
    • 2 Baths

    545 W 14th St, Lorain, OH 44052

    Calling all investors, Do it yourself rehabbers and/or anyone who would like to bring this home back to it's former glory. Many possibilities. Spacious Duplex two bedroom and one bath on each level. Home has been partially started. Blank canvas awaiting your finishing touches. Home is close to schools, downtown Lorain, Lakeview Park, Black River Landing, shopping and major

    Glorivania Maldonado Russell Real Estate Services

    545 W 14th St, Lorain, OH 44052
  • /3

    $95,000

    • 4 Beds
    • 3 Baths

    1214 W 5th St, Lorain, OH 44052

    Calling all investors, Do it yourself rehabbers and/or anyone who would like to bring this home back to it's former glory. Many possibilities. Spacious duplex 2 bedroom and one bath per unit. Home has been partially updated and awaiting your finishing touches. Home is close to schools, downtown Lorain, Lakeview Park, Black River Landing, shopping and major highways.

    Glorivania Maldonado Russell Real Estate Services

    1214 W 5th St, Lorain, OH 44052
  • /14

    $250,000

    • 5 Beds
    • 3 Baths
    • 4,550 Sq Ft

    380 N Ridge Rd W, Lorain, OH 44053

    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. This property is sitting on 6.2 acres. Lots of possibilities. Front of lot is zoned R3 and behind buildings

    Diane Price The Sweda Group, LLC.

    380 N Ridge Rd W, Lorain, OH 44053
  • /2

    $125,000

    • 5 Beds
    • 2 Baths

    1753 E 30th St, Lorain, OH 44055

    investment opportunity!! Front unit has 3 bedrooms and 1 bathroom, Back unit has 2 bedrooms and 1 bathroom, 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.

    Joe Solkiewicz Walnut Creek Property Management, LLC.

    1753 E 30th St, Lorain, OH 44055
  • /2

    $139,900

    • 4 Beds
    • 2 Baths
    • 1,986 Sq Ft

    1320 W 7th St, Lorain, OH 44052

    INVESTORS!!! Great opportunity for passive income. This double offers a great investment income in a very popular neighborhood. Upstairs unit recently renovated, full bath fully remodeled, refinished floors, new kitchen flooring, paint throughout. Fully occupied. All you need to do is purchase and start collecting rent. Priced to move fast, don't miss your opportunity. Properties like this don't

    Jack Stitak Keller Williams Citywide

    1320 W 7th St, Lorain, OH 44052

Why Live in Lorain

Lorain, Ohio, is a city transitioning from its industrial roots to a more diverse community with a focus on arts and culture. Located on the banks of Lake Erie, Lorain offers a variety of home styles, including Colonial revival, ranch-style, split-level, modern craftsman, and lakeside townhomes. The city is known for its affordability, with property values and taxes lower than surrounding areas. Lorain City School District has a graduation rate of 71% and a student-teacher ratio of 16:1. The city boasts numerous attractions, including 56 parks managed by the Parks and Recreation department, Lakeview Beach, and Foxcreek Golf and Racquet Club. Indoor activities often center around the Lorain Public Library, which features the Toni Morrison Reading Room. Downtown Lorain, located near Lake Erie and the Black River, offers shopping, dining, and entertainment options such as The Lorain Palace Theatre. The city hosts various festivals throughout the year, including the FireFish Art Festival and the Woollybear Festival. Lorain is conveniently connected to downtown Cleveland, 26 miles away, via Interstate 90, and the Cleveland Hopkins International Airport is 24 miles away. Properties near the Black River may face some flood risks, and the city experiences all four seasons, with harsh winters due to the lake effect, averaging 40 inches of snow annually.

Home Trends in Lorain, OH

Housing Trends

Median Sale Price
$280,000
Median Single Family Sale Price
$187,450
Median Townhouse Sale Price
$225,580
Median 2 Bedroom Sale Price
$145,000
Average Price Per Sq Ft
$162
Number of Homes for Sale
11
Last 12 months Home Sales
174
Months of Supply
0.80
Median List Price
$225,580
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-7%
How to Buy a Home How to Finance a Home How to Sell a Home