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Explore Similar Apartments Within 10 Miles of Vermilion, OH

  • /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
  • /50

    $159,900

    • 4 Beds
    • 2 Baths
    • 2,688 Sq Ft

    3934 Gary Ave, Lorain, OH 44055

    Welcome to 3934 Gary Avenue, a spacious duplex located in the Homewood subdivision of Lorain. This property offers an excellent opportunity for investors looking for steady rental income with strong long-term potential. Featuring two large units, each side offers approximately 1,344 square feet of comfortable living space with a practical layout. Every unit includes 2 bedrooms, 1 full bath, a

    Majdey Taye RE/MAX Transitions

    3934 Gary Ave, Lorain, OH 44055
  • /14

    $79,900

    • 2 Beds
    • 2 Baths

    1844 E 31st St, Lorain, OH 44055

    Calling all investors and flippers! This duplex is ready for someone with vision and elbow grease to bring it back to life. Each unit features 2 bedrooms and 1 full bathroom, offering a spacious layout and tons of potential for rental income or multi-generational living. Property includes a large detached garage, and all separate utilities. The property needs significant repairs and

    Tammy Nemeth The Sweda Group, LLC.

    1844 E 31st St, Lorain, OH 44055
  • /50

    $175,000

    • 4 Beds
    • 2 Baths
    • 1,922 Sq Ft

    227 6th St, Elyria, OH 44035

    Add this duplex to your portfolio now! Tenants pay all the utilities for this property and first floor unit was recently refreshed so just list and find your new tenant in there. This property can be turnkey or has some options to add value if you like. Spacious yard with potential to add more parking in the rear off of that street back there. Tenants have separate laundry in the basement.

    Andrew Jenkins Keller Williams Elevate

    227 6th St, Elyria, OH 44035
  • /6

    $195,000

    • 3 Beds
    • 3 Baths

    22 E Main St, Wakeman, OH 44889

    Great investment property in the heart of Wakeman with 3 cash-flowing units! Each unit has separate electric meters and gas meters. This is a prime investment opportunity with this charming and spacious residence, perfectly positioned in a desirable neighborhood with strong growth potential. Boasting a classic design, this home offers an attractive blend of character and functionality, making it

    Brian Running Dream Huge Realty

    22 E Main St, Wakeman, OH 44889
  • /26

    $170,000

    • 4 Beds
    • 2 Baths
    • 1,804 Sq Ft

    707 W 20th St, Lorain, OH 44052

    Welcome to 707 West 20th Street, a well-maintained duplex offering a fantastic investment opportunity in the heart ofLorain. This fully occupied property features two spacious units, one upstairs and one downstairs, each in good conditionand ready for the new owner to start collecting rent from day one. The downstairs unit enjoys exclusive access to the basement and a charming front

    Douglas George Howard Hanna

    707 W 20th St, Lorain, OH 44052
  • /11

    $145,000

    • 4 Beds
    • 2 Baths
    • 1,656 Sq Ft

    110 Bell Ave, Elyria, OH 44035

    New Roof, new front porch. New siding, facia and new gutter. Well maintained property with good income. Gross rents total $1,800 per month. 2024 Taxes only $1,820 per year. Tankless water, good furnace. Each tenant pays extra $50 fee per month toward utilities. Gas, Electric and water need to be split or continue to share cost of agreed upon utility amount.

    Mike DeAnna Century 21 DeAnna Realty

    110 Bell Ave, Elyria, OH 44035
  • /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 houses 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. (2 houses in one parcel ID, with a total of 3 units) each unit has 3 bedrooms.

    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
  • /22

    $289,800

    • 3 Beds
    • 2.5 Baths
    • 1,742 Sq Ft

    205 Granger Dr, Lagrange, OH 44050

    Welcome to this spacious 3 bedroom, 2.5 bath townhouse featuring an open floor plan designed for easy living. The main floor offers a modern kitchen with appliances and a peninsula, perfect for casual dining and entertaining. Enjoy the convenience of a first-floor owner’s suite with a full bath and generous walk-in closet. Upstairs, you'll find two comfortable guest bedrooms and an additional

    Bobbie Burey Howard Hanna

    205 Granger Dr, Lagrange, OH 44050
  • /45

    $349,000

    • 9 Beds
    • 4 Baths

    81 S Professor St, Oberlin, OH 44074

    ?Investor’s Dream or Multi-Generational Living Opportunity! This unique property offers endless possibilities—whether you’re an investor seeking income potential or a family looking for the perfect home with an attached in-law suite, this is the perfect fit. With the flexibility of a single-family home, duplex, triplex, or even quadplex setup, the layout can easily be adapted to your

    Glenda Owens Howard Hanna

    81 S Professor St, Oberlin, OH 44074
  • /33

    $160,000

    • 4 Beds
    • 3 Baths
    • 4,020 Sq Ft

    1120 East Ave, Elyria, OH 44035

    Excellent turnkey investment opportunity! This fully leased triplex offers strong, consistent rental income with all three units occupied through next year. The bottom unit includes exclusive access to on-site laundry, providing added convenience for the tenant. The middle unit has been recently upgraded with brand-new flooring, new kitchen cabinets, and a new refrigerator. The top unit also

    Tim Cline Platinum Real Estate

    1120 East Ave, Elyria, OH 44035
  • /18

    $154,900

    • 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

    $249,900

    • 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
  • /23

    $175,000

    • 9 Beds
    • 3 Baths
    • 2,073 Sq Ft

    107 Groveland St, Oberlin, OH 44074

    Rare 9-Bedroom Duplex in Oberlin – Two Parcels, Hardwood Floors, Fully Rented.Don’t miss this incredible investment opportunity in the heart of Oberlin, OH! This spacious 9-bedroom duplex sits on a deep lot spanning two parcels. Perfect for investors or future owner-occupants looking for steady rental income and long-term value.Each side of the duplex offers flexible living space:

    Sue Sasseville EXP Realty, LLC.

    107 Groveland St, Oberlin, OH 44074
  • /32

    $219,000

    • 4 Beds
    • 3 Baths

    360 S Main St, Oberlin, OH 44074

    Charming Fully Occupied Triplex Near Oberlin College – Turnkey Investment Opportunity!Located just steps from Oberlin College, this well-maintained triplex offers character, charm, and strong rental potential. Each of the three units has its own private porch, providing a unique sense of space and comfort for tenants or owners.First Floor Unit: Features 2 spacious bedrooms and 1

    Sue Sasseville EXP Realty, LLC.

    360 S Main St, Oberlin, OH 44074
  • /6

    $90,000

    • 4 Beds
    • 2 Baths

    119 Cascade St, Elyria, OH 44035

    Duplex in Elyria! This 4-bedroom, 2-bathroom duplex offers the perfect value-add opportunity. Featuring a full basement and charming front porch, the property has great bones and tons of potential. Each unit offers comfortable living space, ideal for renters or multi-generational living. While the home needs some work, it's priced right for investors ready to renovate and reap the rewards.

    Kit Custer RE/MAX Transitions

    119 Cascade St, Elyria, OH 44035
  • /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
  • /23

    $175,000

    • 4 Beds
    • 4 Baths
    • 3,920 Sq Ft

    1115 East Ave, Elyria, OH 44035

    4-unit investor special! 2 buildings, one building on George St has 3 apartments, and the second building is the storefront. Total rents would be approximately $3000/mo fully-rented, professional management in place. Sturdy brick construction with newer roofs and vinyl siding, plus many updates such as: newer furnaces (one unit is heated by a boiler), storefront has central AC, upgraded electric

    Michael Ferrante Century 21 Homestar

    1115 East Ave, Elyria, OH 44035
  • /20

    $399,000

    • 1,792 Sq Ft

    514 Main St, Huron, OH 44839

    LOCATION!! So many possibilities with this centrally located property, right in the heart of Huron. It's the first building on the south side of Main Street with great visibility from Cleveland Road. Currently set up as a duplex but could easily be a downstairs office/business. Plenty of private off-street parking and can accommodate at least 8-10 cars. Walking distance to the Boat Basin, Huron

    Kerri Hensel Simply Better Realty, LLC

    514 Main St, Huron, OH 44839
  • /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
  • /16

    $280,000

    • 6 Beds
    • 4.5 Baths
    • 3,924 Sq Ft

    345 N Professor St, Oberlin, OH 44074

    Terrific investment opportunity in this 3,924 sq ft ranch building! This unique property offers a large 2 bedroom 2 full bath unit at the front of the building featuring a large living room, large kitchen w/breakfast bar into the dining area and a large utility room w/laundry & storage. The back half of the building has a common eat-in kitchen w/appliances included, 2 1/2 bathrooms, laundry room

    Michelle Ramirez Howard Hanna

    345 N Professor St, Oberlin, OH 44074
  • /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

    $375,000

    • 4 Beds
    • 5.5 Baths
    • 4,601 Sq Ft

    509 Lake Ave, Elyria, OH 44035

    This fully occupied, professionally managed 3-property single-family portfolio in Lorain and Elyria is cash-flowing at an 8.78% cap rate, with a 12.37% cash-on-cash return and a 1.5 DSCR at 75% LTV. It generates $4,070/month ($48,480 annually) with a current NOI of $32,927. Tenants pay all utilities, and there are no Section 8 tenants. ARV is estimated near $500,000 based on single-family comps,

    Erin Thomas Keller Williams Living

    509 Lake Ave, Elyria, OH 44035
  • /2

    $225,000

    • 6 Beds
    • 3.5 Baths

    761 Washington Ave, Lorain, OH 44052

    Renovated from bear studs to finish product. New windows, all but two.New flat roof (two years old).Separate utilities for gas and electric for all the units but the first floor shares electric.Great income producing property. Rent is as follows$900 (1 bedroom), $1,200 (2 bedroom), & $1,400 (3 bedroom)

    Marissa Mahilo Key Realty

    761 Washington Ave, Lorain, OH 44052
  • /2

    $114,999

    • 3 Beds
    • 2 Baths

    411 9th St, Elyria, OH 44035

    Turnkey duplex. Brings in a ton of rent. Email agent for market rent roll & video tour along with complete investment analysis, drone footage, information on the mechanical systems of the building. Professional property management available. Local & out of state investors welcome!

    James Wise The Holton-Wise Property Group LLC

    411 9th St, Elyria, OH 44035
  • /11

    $195,000

    • 4 Beds
    • 2 Baths
    • 1,840 Sq Ft

    210 High St, Elyria, OH 44035

    Scott Marvin Team Results Realty

    210 High St, Elyria, OH 44035
  • /2

    $213,590 New Construction

    • 2 Beds
    • 1.5 Baths
    • 1,024 Sq Ft

    3784 Freedom Place, Lorain, OH 44053

    William Thomas Homes, Inc. presents their new construction Townhomes at Martins Run! This beautiful 2 bedroom, 1.5 baths middle unit feature spacious and an exciting floor plan! The inviting foyer shows off the LVT flooring thru the spacious and homey kitchen. White Cabinets, Granite counter-tops, Stainless steel appliances and a gas range to host your next family dinner! The kitchen opens up to

    Hallah Bishop Howard Hanna

    3784 Freedom Place, Lorain, OH 44053
  • /3

    $218,120 New Construction

    • 2 Beds
    • 1.5 Baths
    • 1,024 Sq Ft

    3770 Freedom Place Unit C, Lorain, OH 44053

    William Thomas Homes, Inc. presents their new construction Townhomes at Martins Run! This beautiful 2 bedroom, 1.5 baths unit feature spacious and an exciting floor plan! The inviting foyer shows off the LVT flooring thru the spacious and homey kitchen. White Cabinets, Granite counter-tops, Stainless steel appliances and a gas range to host your next family dinner! The kitchen opens up to the

    Hallah Bishop Howard Hanna

    3770 Freedom Place Unit C, Lorain, OH 44053
  • /2

    $213,590 New Construction

    • 2 Beds
    • 1.5 Baths
    • 1,024 Sq Ft

    3772 Freedom Place Unit B, Lorain, OH 44053

    William Thomas Homes, Inc. presents their new construction Townhomes at Martins Run! This beautiful 2 bedroom, 1.5 baths unit feature spacious and an exciting floor plan! The inviting foyer shows off the LVT flooring thru the spacious and homey kitchen. White Cabinets, Granite counter-tops, Stainless steel appliances and a gas range to host your next family dinner! The kitchen opens up to the

    Hallah Bishop Howard Hanna

    3772 Freedom Place Unit B, Lorain, OH 44053
  • /3

    $228,120 New Construction

    • 2 Beds
    • 1.5 Baths
    • 1,024 Sq Ft

    3774 Freedom Place Unit A, Lorain, OH 44053

    William Thomas Homes, Inc. presents their new construction Townhomes at Martins Run! This beautiful 2 bedroom, 1.5 baths END UNIT feature spacious and an exciting floor plan! The inviting foyer shows off the LVT flooring thru the spacious and homey kitchen. White Cabinets, Granite counter-tops, Stainless steel appliances and a gas range to host your next family dinner! The kitchen opens up to the

    Hallah Bishop Howard Hanna

    3774 Freedom Place Unit A, Lorain, OH 44053
  • /3

    $213,590 New Construction

    • 2 Beds
    • 1.5 Baths
    • 1,024 Sq Ft

    3788 Freedom Place, Lorain, OH 44053

    William Thomas Homes, Inc. presents their new construction Townhomes at Martins Run! This beautiful 2 bedroom, 1.5 baths middle unit feature spacious and an exciting floor plan! The inviting foyer shows off the LVT flooring thru the spacious and homey kitchen. White Cabinets, Granite counter-tops, Stainless steel appliances and a gas range to host your next family dinner! The kitchen opens up to

    Hallah Bishop Howard Hanna

    3788 Freedom Place, Lorain, OH 44053
  • /29

    $224,800 New Construction

    • 2 Beds
    • 1.5 Baths
    • 1,024 Sq Ft

    3794 Freedom Place, Lorain, OH 44053

    William Thomes Homes, Inc. presents their new construction Townhomes at Martins Run! This beautiful END UNIT has 2 bedroom, 1.5 baths and features a spacious and exciting floor plan! The inviting foyer shows off the LVT flooring thru the spacious and homey kitchen. Granite counter-tops, Stainless steel appliances and a gas range to host your next family dinner! The kitchen opens up to the

    Hallah Bishop Howard Hanna

    3794 Freedom Place, Lorain, OH 44053

Why Live in Vermilion

Vermilion, Ohio, located where Lake Erie meets the Vermilion River, is a small city known for its rich history and vibrant waterfront. Established in the early 1800s as a fishing village, Vermilion has grown through industries like commercial fishing, sandstone mining, shipbuilding, and logging. The city boasts over 16 public parks and more than 2,000 feet of Lake Erie shoreline, with Main Street Beach & Park being a notable attraction featuring a historic lighthouse and colorful Adirondack chairs. Downtown Vermilion is a hub of activity, offering boutique shops, locally owned restaurants, and a variety of events throughout the year, including the Woollybear Festival and the Festival of the Fish. The city’s housing options range from Colonial-inspired homes and Cape Cods to ranch-style houses and bungalows, with both suburban and rural settings available. Vermilion's schools, part of the Vermilion Local School District and Firelands Local School District, have good ratings. The city is approximately 7 miles from Mercy Health Lorain Hospital and 33 miles from Cleveland Hopkins International Airport. Vermilion experiences moderate weather year-round, with Lake Erie providing a temperate climate.

Home Trends in Vermilion, OH

Housing Trends

Median Sale Price
$282,950
Median Single Family Sale Price
$289,000
Median Townhouse Sale Price
$1,410,000
Median 2 Bedroom Sale Price
$995,000
Average Price Per Sq Ft
$225
Number of Homes for Sale
60
Last 12 months Home Sales
223
Months of Supply
3.20
Median List Price
$324,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
23%
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