4-Unit
For Sale
$205,000
448 Delaware Ave, Lorain, OH 44052
Four residential units combine flexible month-to-month leasing with two distinct floor plan configurations.
Property Size3,346 SF
Price / SF$61.27
Days on Market13
Property Features for 448 Delaware Ave
General Information
Standard status
Active
Size
3,346 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Multifamily Units
4
Building Details
Year Built
1923
Listing Agency:
REAFCO
Listed By:
Blake Park · License #2020007667
(614) 769-1555
Source:
Theacclaimedrealty
Added: Aug 21
Changed: Aug 28
Last Checked: Sep 1 at 10:03PM
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 REAFCO
Investment Insights
Based on property information with market context.
Located at 448 Delaware Ave in Lorain, Ohio, this 3,346-square-foot quadplex was constructed in 1923 and contains four residential units. The configuration includes both two-bedroom, one-bath units and one-bedroom, one-bath units, creating a varied unit mix within the property.
All units are leased on a month-to-month basis, providing a flexible leasing structure. The property is situated near shopping, dining, parks, and major roadways, placing everyday services and transportation routes within the surrounding area.
All units are leased on a month-to-month basis, providing a flexible leasing structure. The property is situated near shopping, dining, parks, and major roadways, placing everyday services and transportation routes within the surrounding area.
Key Highlights
- Four‑unit residential property at 448 Delaware Ave, Lorain, OH 44052
- 3,346 square feet across a 1923‑built quadplex
- Unit mix includes 2 bed / 1 bath and 1 bed / 1 bath layouts
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
557
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units combine flexible month-to-month leasing with two distinct floor plan configurations.
Where is this quadplex located?
The property is located at 448 Delaware Ave Lorain, OH.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: Four‑unit residential property at 448 Delaware Ave, Lorain, OH 44052; 3,346 square feet across a 1923‑built quadplex; Unit mix includes 2 bed / 1 bath and 1 bed / 1 bath layouts
