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Updated Multifamily Property
For Sale
Contact for pricing
Pending

522 W 21 St, Lorain, OH 44052

Recent improvements and existing long-term tenancy support continued residential income use.

Property SizeContact for details
Days on Market144

Property Features for 522 W 21 St

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Russell Commercial Advisory
Listed By: Jeff Russell · License #1234
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 31 at 1:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Russell Commercial Advisory

Investment Insights

Based on property information with market context.

This multifamily property at 522 W 21 St has received recent updates and is currently occupied by long-term tenants. The existing tenancy provides an established residential use for a purchaser evaluating the property.

The property is located near downtown Lorain and schools, placing it within an established local setting. Its current occupancy and updated condition offer clear points of reference for assessing the asset as a residential income property.

Key Highlights

  • Recent updates to the multifamily property
  • Occupied by long‑term tenants
  • Located near downtown Lorain and schools

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

339
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Recent improvements and existing long-term tenancy support continued residential income use.
Where is this multifamily property located?
The property is located at 522 W 21 St Lorain, OH.
What are key features of this property?
This property features: Recent updates to the multifamily property; Occupied by long‑term tenants; Located near downtown Lorain and schools
(440) 283-7000 Call to check price and availability
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