4-Unit Multifamily Property with
For Sale
$280,000
1037 W 8th Street, Lorain, OH 44052
ResidentialIncome, Lorain, OH
Property SizeContact for details
Lot Size0.16 Acres
Days on Market8
Property Features for 1037 W 8th Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
7
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 5, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 7, Bedroom 4, Bathroom 1, Bedroom 3, Bedroom 1, Bathroom 4, Basement, Laundry Room, Bedroom 6
Parking features
Driveway, Garage
Elementary school district
Lorain CSD - 4709
Middle school district
Lorain CSD - 4709
High school district
Lorain CSD - 4709
Directions
From Rte 6 to Washington to West 8th St.
Standard status
Active
APN
02-01-006-115-021
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2427
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1904
Floors in Building
2
Building materials
VinylSiding
Roof type
Asphalt, Fiberglass
Listing Agency:
Russell Real Estate Services
(440) 572-3100
Listed By:
Jesse R Kracht · License #2010001088
(440) 212-5656
Added: Sep 29
Last Checked: Oct 6 at 9:06PM
MLS# 5245764
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.
Built in 1904, this four-unit property includes a detached garage or outbuilding and driveway parking. The apartments have updated flooring and LED lighting. Common areas feature refinished steps and refreshed walls. Each unit has its own hot water tank, and the building is served by forced-air, natural gas heat and central air conditioning. Public water and sewer serve the property.
The 0.16-acre site at 1037 W 8th Street is within walking distance of Downtown Lorain and the Lake Erie waterfront. All four apartments are occupied under month-to-month tenancies. Recent work includes a roof approximately 5 years old, furnaces approximately 8 years old, and individual hot water tanks approximately 3 years old.
The 0.16-acre site at 1037 W 8th Street is within walking distance of Downtown Lorain and the Lake Erie waterfront. All four apartments are occupied under month-to-month tenancies. Recent work includes a roof approximately 5 years old, furnaces approximately 8 years old, and individual hot water tanks approximately 3 years old.
Key Highlights
- Four occupied units with month‑to‑month tenants
- Detached garage or outbuilding and driveway parking
- 0.16‑acre property at 1037 W 8th Street in Lorain
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
549
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four occupied apartments currently operate on month-to-month tenancies, giving the next owner flexibility.
Where is this quadplex located?
The property is located at 1037 W 8th Street Lorain, OH.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Four occupied units with month‑to‑month tenants; Detached garage or outbuilding and driveway parking; 0.16‑acre property at 1037 W 8th Street in Lorain
