Advertise
    Lorain, OH
    Apartment Building

    Lorain, OH Apartment Buildings for Sale

    Notify Me
    List
    Map
    Avon, OH Columbus, OH Cleveland, OH Amherst, OH Sheffield Lake, OH Sheffield, OH Elyria, OH Birmingham, OH
    Renovated 8-Unit Apartment Building
    Updated: Apr 27
    Renovated 8-Unit Apartment Building

    1505 Herbert Drive, Lorain, OH 44053

    $675,000
    0.44 AC lot
    Eight fully occupied apartment suites, each with 1 bedroom and 1 bathroom
    0.44‑acre property at 1505 Herbert Drive, Lorain, OH 44053
    Interior updates include flooring, countertops, backsplashes, cabinetry, bathrooms, and paint
    Recently replaced roof
    Electric ceiling heat; no boilers or furnaces
    View details
    Renovated Apartment Buildings
    Updated: Jun 2
    Renovated Apartment Buildings

    5216 E Lake Rd, Sheffield Lk, OH 44054

    $3,975,000
    33,400 sqft
    48 units across two side‑by‑side apartment buildings
    33,400 square feet across buildings constructed in 1972
    100% occupied multifamily property
    Fully renovated interiors with shaker cabinets, granite, stainless appliances, and updated flooring
    Residents pay electric; ownership covers heat, water, sewer, and trash
    View details
    Renovated 8-Unit Apartment Building
    Renovated 8-Unit Apartment Building

    1505 Herbert Drive, Lorain, OH 44053

    $675,000

    Newly renovated, fully occupied 8-unit building with 1 bed/1 bath apartments and updated mechanical and interior features.

    View details
    See hot listings in Lorain

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Studio Apartment Multifamily Property
    Studio Apartment Multifamily Property

    2833 Seneca Avenue, Lorain, OH 44055

    Contact for pricing

    Well-maintained 15-unit multifamily building with studios, generating gross rental income of about $10,500 per month.

    View details
    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 4 Active listings in Lorain, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    32-Unit Apartment Buildings
    32-Unit Apartment Buildings

    1346 Kenilworth Avenue, Lakewood, OH 44107

    $2,799,999
    0.17 AC lot

    Two neighboring brick properties with attached garages, laundry facilities, tenant storage, and strong in-place occupancy.

    View details
    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    17020 Madison Avenue, Lakewood, OH 44107

    $849,000
    0.14 AC lot

    Residential units and storefronts combine within a maintained mixed-use property.

    View details
    Renovated Brick Apartment Building
    Renovated Brick Apartment Building

    3438 Bosworth Road, Cleveland, OH 44111

    $675,000
    0.16 AC lot

    Three-story multifamily asset with a varied unit mix, recent renovations, and on-site laundry service.

    View details
    West Park Lofts Apartment Building
    West Park Lofts Apartment Building

    4027 Rocky River Dr, Cleveland, OH 44135

    Contact for pricing

    Apartment property located in Cleveland, Ohio.

    View details

    Off-Market Properties in Lorain, OH

    Consider similar Off-Market properties in Lorain, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2600 Reeves Ave, Unit 2
    APARTMENT HOUSE (5+ UNITS)

    2600 Reeves Ave, Lorain, OH 44052-4266

    Unit 2
    Estimated value:
    $415,000
    10,688 sqft 1.75 AC lot
    View details
    3219 Elyria Ave
    APARTMENT HOUSE (5+ UNITS)

    3219 Elyria Ave, Lorain, OH 44055-1461

    Estimated value:
    $150,000
    2,300 sqft 0.13 AC lot
    View details
    4208 Shr Dr, Unit 2
    APARTMENT HOUSE (5+ UNITS)

    4208 Shr Dr, Lorain, OH 44053-1351

    Unit 2
    Estimated value:
    $760,000
    3,600 sqft 1.15 AC lot
    View details
    908 Central Dr
    APARTMENT HOUSE (5+ UNITS)

    908 Central Dr, Lorain, OH 44052-4947

    Estimated value:
    $145,000
    5,124 sqft 0.34 AC lot
    View details
    1150 5th St
    APARTMENT HOUSE (5+ UNITS)

    1150 5th St, Lorain, OH 44052-1412

    Estimated value:
    $310,000
    3,900 sqft 0.16 AC lot
    View details
    2912 Erie Ave
    APARTMENT HOUSE (5+ UNITS)

    2912 Erie Ave, Lorain, OH 44053-1258

    Estimated value: by Request
    2,269 sqft 0.48 AC lot
    View details
    1906 Lexington Ave, Unit 1
    APARTMENT HOUSE (5+ UNITS)

    1906 Lexington Ave, Lorain, OH 44052-3772

    Unit 1
    Estimated value:
    $595,000
    3,420 sqft 0.34 AC lot
    View details
    2550 Elyria Ave
    APARTMENT HOUSE (5+ UNITS)

    2550 Elyria Ave, Lorain, OH 44055-1341

    Estimated value: by Request
    2,600 sqft 0.14 AC lot
    View details
    2410 28th St
    APARTMENT HOUSE (5+ UNITS)

    2410 28th St, Lorain, OH 44055-2114

    Estimated value:
    $260,000
    2,600 sqft 0.14 AC lot
    View details
    928 Central Dr
    APARTMENT HOUSE (5+ UNITS)

    928 Central Dr, Lorain, OH 44052-4947

    Estimated value:
    $210,000
    3,624 sqft 0.44 AC lot
    View details
    3025 Globe Ave, Unit A
    APARTMENT HOUSE (5+ UNITS)

    3025 Globe Ave, Lorain, OH 44055-1771

    Unit A
    Estimated value:
    $135,000
    3,156 sqft 0.08 AC lot
    View details
    121 Erie Ave, Unit A2
    APARTMENT HOUSE (5+ UNITS)

    121 Erie Ave, Lorain, OH 44052-2066

    Unit A2
    Estimated value:
    $975,000
    3,968 sqft 0.44 AC lot
    View details
    107 Erie Ave, Unit 2
    APARTMENT HOUSE (5+ UNITS)

    107 Erie Ave, Lorain, OH 44052-2067

    Unit 2
    Estimated value:
    $975,000
    2,847 sqft 0.38 AC lot
    View details
    936 Central Dr
    APARTMENT HOUSE (5+ UNITS)

    936 Central Dr, Lorain, OH 44052-4954

    Estimated value:
    $245,000
    5,124 sqft 0.43 AC lot
    View details
    1200 Tower Blvd, Unit 4
    APARTMENT HOUSE (5+ UNITS)

    1200 Tower Blvd, Lorain, OH 44053-2946

    Unit 4
    Estimated value:
    $165,000
    2,632 sqft 0.20 AC lot
    View details
    1204 Tower Blvd, Unit 1
    APARTMENT HOUSE (5+ UNITS)

    1204 Tower Blvd, Lorain, OH 44053-2945

    Unit 1
    Estimated value:
    $165,000
    2,632 sqft 0.17 AC lot
    View details
    1305 Danley Sq
    APARTMENT HOUSE (5+ UNITS)

    1305 Danley Sq, Lorain, OH 44052-2258

    Estimated value:
    $340,000
    2,640 sqft 0.39 AC lot
    View details
    1900 28th St, Unit 1
    APARTMENT HOUSE (5+ UNITS)

    1900 28th St, Lorain, OH 44055-1902

    Unit 1
    Estimated value:
    $250,000
    3,256 sqft 0.14 AC lot
    View details
    233 Georgia Ave
    APARTMENT HOUSE (5+ UNITS)

    233 Georgia Ave, Lorain, OH 44052-2151

    Estimated value:
    $255,000
    1,992 sqft 0.16 AC lot
    View details
    4638 Oberlin Ave, Unit 2A
    APARTMENT HOUSE (5+ UNITS)

    4638 Oberlin Ave, Lorain, OH 44053-3163

    Unit 2A
    Estimated value:
    $300,000
    2,828 sqft 0.38 AC lot
    View details

    Lorain, OH Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Lorain, OH, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 33,400 square feet of properties for sale, with an estimated market value of $5,325,000.

    Sale prices for apartment complexes in Lorain, OH start at $675,000, averaging $1,775,000, and reaching up to $3,975,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Demographics Overview

    Population 82K
    Population Growth (5Y) +2.8%
    Median Household Income $51,688
    College Educated 22.5%

    High-Yield Neighborhoods for Investment

    Identify Lorain submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    44053 $675K

    Taxes & Financing

    Tax Rate (average for all types) 6.83%
    Property Tax per SF $92.34 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lorain County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale Residential Income pricing trends in Lorain County

    Residential Income

    How Realmo verifies these figures

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Apartment buildings for Sale Near Lorain, OH

    Popular Searches in Lorain, OH

    Popular Categories

    Most Searched ZIP Codes in Lorain, OH

    • 44053
    • 44054
    • 44055
    Why this one?
    Saved
    Reason not saved — we won't ask again

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!