Lori Cerutti
McDowell Homes Real Estate Services
(440) 664-3627
415 Total Sales
1 in Lorain
$70,000 Price
Incredible investment opportunity in Lorain! This five-unit income property with an additional office space is fully occupied except for the office, generating over $4,200 per month with room to grow. The building features three 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, offering a great mix for steady rental demand. The office space includes its own bathroom and provides endless potential. Rent it out for additional income or transform it into a salon, beauty parlor, or small business suite. The property offers a solid brick exterior, plenty of off-street parking for tenants and guests, and a prime location near downtown Lorain, Lakeview Park, shopping, and highways. Don't wait to add this turnkey multi-unit property to your portfolio.
Last Agent to Sell the Property
Howard Hanna Brokerage Email: kylerecker@howardhanna.com, 567-230-2008 License #2015002207 Listed on: 10/21/2025
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Lori Cerutti
McDowell Homes Real Estate Services
(440) 664-3627
415 Total Sales
1 in Lorain
$70,000 Price
Laurie Brill
Keller Williams Citywide
(440) 616-8199
35 Total Sales
1 in Lorain
$206,000 Price
Allison Caputo
Howard Hanna
(216) 859-1979
99 Total Sales
11 in Lorain
$24K - $389K Price Range
Doug Ryan
KW Classic Properties Realty
(380) 333-6700
90 Total Sales
1 in Lorain
$5,000,000 Price
Feliz Colon
Keller Williams Living
(234) 704-3050
180 Total Sales
5 in Lorain
$150K - $399K Price Range
Edith Ross
Russell Real Estate Services
(216) 677-6801
159 Total Sales
1 in Lorain
$360,000 Price
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $310,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $125,000 | Commercial |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/08/2026 06/08/26 | Sold | $310,000 | -7.4% | $67 / Sq Ft |
| 02/13/2026 02/13/26 | Pending | -- | -- | -- |
| 11/03/2025 11/03/25 | For Sale | $334,900 | 0.0% | $72 / Sq Ft |
| 10/28/2025 10/28/25 | Pending | -- | -- | -- |
| 10/21/2025 10/21/25 | For Sale | $334,900 | -- | $72 / Sq Ft |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,720 | $59,637 | $4,032 | $55,605 |
| 2023 | $3,943 | $50,190 | $3,360 | $46,830 |
| 2022 | $3,904 | $50,190 | $3,360 | $46,830 |
| 2021 | $3,922 | $50,190 | $3,360 | $46,830 |
Seller's Agent in 2026
Kyle Recker
Howard Hanna
(567) 230-2008
1,218 Total Sales
Buyer's Agent in 2026
Alex Johnson
Real Estate Quest, Inc.
(330) 595-4326
169 Total Sales
Source: MLS Now (Howard Hanna)
MLS Number: 5166306
APN: 02-01-006-138-037
Ask me questions while you tour the home.