$225,000
$25K PRICE INCREASE

1131 W 9th St Lorain, OH 44052

Estimated payment $1,331/month

4 Beds
4 Baths
2,151 Sq Ft
$105 Price per Sq Ft

About This Home

Welcome a strong investment opportunity with this well-maintained four-unit quadplex, perfectly positioned near downtown Lorain and just minutes from Lakeview Beach and all major amenities. Each unit features 1 bedroom and 1 bathroom, with one unit offering the added convenience of in-unit laundry. All units are currently occupied, providing immediate cash flow from day one. The property includes a spacious rear parking lot, offering ample parking for all tenants.Whether you're looking to house hack by moving into one of the units or prefer to keep it fully leased as a hands-off income producer, this property delivers versatility and steady returns. A rare opportunity in a growing area - don't miss your chance to add a reliable asset to your portfolio.

Listing Agent

Mathew Chase

Keller Williams Greater Metropolitan Brokerage Email: matt@chasegrouprealestate.com, 440-452-2000 License #2013002819 Listed on: 11/18/2025

Keller Williams Greater Metropolitan

Co-Listing Agent

Jared Perez

Keller Williams Greater Metropolitan Brokerage Email: matt@chasegrouprealestate.com, 440-452-2000 License #2020005820

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,740

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • On-Site Parking

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,151 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Wallace Jones & Roots Add Subdivision

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 02-01-006-116-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,740

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Quadruplex
  • Year Built: 1900
  • Attribution Contact: matt@chasegrouprealestate.com, 440-452-2000
  • Co List Office Phone: 216-839-5500
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Wallace Jones & Roots Add
  • Above Grade Finished Sq Ft: 2151.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Tax Year: 2024
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.17
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Site

Utilities

  • LaundryFeatures: Lower Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-01-006-116-008

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Tax Info

  • Tax Annual Amount: 1739.98

Map

Range of Values:

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Value Increase
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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2025 11/19/25 Price Changed $225,000 +12.6% $105 / Sq Ft
11/18/2025 11/18/25 For Sale $199,900 -- $93 / Sq Ft
Source: MLS Now

Source: MLS Now

MLS Number: 5172891

MLS Now

APN: 02-01-006-116-008

Ohio Lorain County Lorain 44052

1131 W 9th St, Lorain, OH

For Sale

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Mathew Chase
Listing Agent
Mathew Chase
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Keller Williams Greater Metropolitan
(440) 805-2524