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10-Unit Townhome Apartment Building
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5510 Beavercrest Dr, Lorain, OH 44053

Four three-bedroom and six two-bedroom residences offer a defined mix within the Amherst school district.

Property Size10,250 SF
Days on Market143

Property Features for 5510 Beavercrest Dr

General Information

Standard status Active
Size 10,250 SF
Property subtype Multifamily

Units

Unit Mix 4 x 3BR townhome, 6 x 2BR townhome
Multifamily Units 10

Amenities

in-unit laundry
keyless entry

Building Details

Buildings 1
Listing Agency: Keller Williams Citywide
Listed By: Anthony Paradiso · License #SAL.2022006511
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 9:42PM

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 Keller Williams Citywide

Investment Insights

Based on property information with market context.

This 10-unit apartment property is arranged as four three-bedroom townhomes and six two-bedroom townhomes. The residences measure 1100 and 975 square feet, respectively, with a half bath on the first level and a full bath upstairs. Six of the ten units were renovated during the last year, with updated appliances, LVP flooring, electrical and plumbing fixtures, front entries with keyless access, and in-unit laundry closets.

Property improvements also include new HVAC condensers and furnaces, hot water tanks, a flat roof, and a resurfaced parking lot. The building is located at 5510 Beavercrest Dr in Lorain, between Fox Creek golf course and Mercy Health hospital, and falls within the Amherst school district.

Key Highlights

  • 10‑unit configuration with four three‑bedroom and six two‑bedroom townhomes
  • Townhome sizes of 1100 and 975 square feet, respectively
  • Six of 10 units renovated during the last year

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Hair Salon Kitchen & Bath Showroom Plumbing Service

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

Lease Details

10
Residential units

Location Intelligence

Trade Area within ½ mile

369
Businesses Nearby

Demographics for 44053, OH

20,735
Population
9,529
Households
2.2
Avg Household Size
44
Median Age
21%
College-Educated
91%
High-School Grad
10.8 sq mi
ZIP Area
1,920
Density / Sq Mi
$65,332
Median Household Income
$43,654
Median Earnings
$827
Median Rent
$189,500
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?
Apartment building - Four three-bedroom and six two-bedroom residences offer a defined mix within the Amherst school district.
Where is this apartment building located?
The property is located at 5510 Beavercrest Dr Lorain, OH.
What are key features of this property?
This property features: 10‑unit configuration with four three‑bedroom and six two‑bedroom townhomes; Townhome sizes of 1100 and 975 square feet, respectively; Six of 10 units renovated during the last year
More about this property
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