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    4401 Marshall Ave Lorain, OH 44053

    Sponsored
    For Sale
    $199,900

    MULTI_FAMILY - Lorain, OH

    Property size:
    1,968 SF
    Lot size:
    0.22 Acres
    Days on Market:
    3
    Last Refresh:
    Jan 7 at 6:06 am

    Property Features for 4401 Marshall Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Laundry Room, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 3
    Bedrooms
    4
    Bathrooms
    2
    APN
    02-02-007-109-032
    Parking features
    Driveway, Garage
    Size
    1,968 SF
    Lot size
    0.22 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1970
    Floors in Building
    2
    Building materials
    Frame
    Roof type
    Asphalt, Fiberglass

    RE/MAX Haven Realty (216) 332-0456 [email protected]

    Listing agent Michael Azzam (216) 446-7606 License #2014004734

    Listing date Jan 5, 2026

    MLS# 5179446 Listing URL

    Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cash-Flowing Duplex in Lorain, OH

    This cash-flowing duplex in Lorain, OH, presents an investment opportunity. Updates include a rent-ready vacant unit featuring fresh paint and new flooring, along with a refreshed common area enhanced by new paint and new LVP flooring. The property also benefits from a new asphalt driveway and professional landscaping. Each of the two units includes 2 beds and 1 bath, LVP flooring throughout, a spacious living room, and a functional kitchen with an adjoining dining area. The downstairs unit is currently leased for $995 per month through 02/19/2026. The market rent for the upstairs unit is $1,300 per month. Situated in Lorain, the property is near major roadways, local schools, and community amenities. The property size is 1968 square feet and the lot size is 0.22 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lorain
    County
    Lorain
    State
    Ohio
    Longitude
    -82.196504
    Latitude
    41.430113

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    FAQs

    What type of property is this?
    Duplex - Updated duplex with strong rental income potential in Lorain, OH.
    Where is this duplex located?
    The property is located at 4401 Marshall Ave Lorain, OH.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: - Cash-flowing duplex, one unit leased at $995/month through 02/19/2026.; - Vacant unit is rent-ready with fresh paint and new flooring, market rent of $1,300/month.; - Recent updates include new asphalt driveway, professional landscaping, and refreshed common areas.
    (216) 446-7606
    Request Owner's contact information
    4401 Marshall Ave Lorain, OH 44053
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    Lorain, OH 44053
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4401 Marshall Ave Lorain, OH 44053
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