Four-Unit
For Sale
$275,000
818-824 S Central Drive, Lorain, OH 44052
ResidentialIncome, Lorain, OH
Property Size3,624 SF
Lot Size0.33 Acres
Price / SF$75.88
Days on Market32
Property Features for 818-824 S Central Drive
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
9
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 8, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 6, Bedroom 9, Bedroom 1, Basement, Bedroom 2, Bathroom 2, Bedroom 7, Bedroom 5, Bathroom 3, Bathroom 4
Parking features
On Street, Driveway
Subdivision
Central Park Homes
Elementary school district
Lorain CSD - 4709
Middle school district
Lorain CSD - 4709
High school district
Lorain CSD - 4709
Directions
Take I-90 West from Downtown Cleveland toward Lorain. Continue toward S Central Drive and follow local roads to the property.
Standard status
Active
APN
02-01-006-160-016
Size
3,624 SF
Lot size
0.33 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
CENTRAL PARK HOMES FRNT 101.09 X 130 LOT # 37
Tax Annual Amount
2971
Legal Description
CENTRAL PARK HOMES FRNT 101.09 X 130 LOT # 37
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
Building Details
Year built
1943
Floors in Building
2
Building materials
VinylSiding
Roof type
Fiberglass, Asphalt
Listing Agency:
EXP Realty, LLC.
(866) 212-4991
Listed By:
Darren T Mancuso · License #2014001224
(216) 225-9474
Added: Jul 30
Changed: Aug 20
Last Checked: Aug 30 at 7:06PM
MLS# 5231802
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.
Investment Insights
Based on property information with market context.
This four-unit residential income property in Lorain contains 3,624 square feet on a 0.33-acre lot. The building dates to 1943 and has vinyl siding, forced-air heating, fiberglass and asphalt roofing, and a basement. Parking is provided by a driveway, with additional on-street parking available.
Located at 818-824 S Central Drive, the property is near shopping, dining, schools, parks, and major roadways. Public water and public sewer serve the building. All four units are occupied, providing an established rental operation within a single residential asset.
Located at 818-824 S Central Drive, the property is near shopping, dining, schools, parks, and major roadways. Public water and public sewer serve the building. All four units are occupied, providing an established rental operation within a single residential asset.
Key Highlights
- Four separate units with full occupancy
- 3,624 square feet on a 0.33‑acre lot
- Built in 1943 with vinyl siding and forced‑air heating
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
318
Businesses Nearby
Explore this area
Business Placement
Demographics for 44052, OH
29,249
Population
13,673
Households
2.1
Avg Household Size
37
Median Age
12%
College-Educated
83%
High-School Grad
9.5 sq mi
ZIP Area
3,079
Density / Sq Mi
$42,298
Median Household Income
$31,985
Median Earnings
$840
Median Rent
$104,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Occupied residential income property with separate units, driveway parking, and public water and sewer service.
Where is this quadplex located?
The property is located at 818-824 S Central Drive Lorain, OH.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Four separate units with full occupancy; 3,624 square feet on a 0.33‑acre lot; Built in 1943 with vinyl siding and forced‑air heating
