Four-Unit Quadplex with Full
New
For Sale
$275,000
818-824 S Central Drive, Lorain, OH 44052
MULTI_FAMILY - Lorain, OH
Property Size3,624 SF
Lot Size0.33 Acres
Price / SF$75.88
Days on Market1
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
Basement, Bedroom 9, Bedroom 4, Bedroom 1, Bedroom 7, Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 8, Bathroom 3, Bedroom 6, Bathroom 1, Bathroom 4, Bedroom 5
Parking features
Driveway, On Street
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
Last Checked: Jul 30 at 9:06PM
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 quadplex (818–824 S Central Drive) is offered as a fully occupied rental property. The layout provides four separate units, supporting an income-producing setup for an owner seeking to take over an established rental operation.
The property sits on a 0.33-acre lot and includes a 3,624 SF building constructed with vinyl siding. Heating is provided via forced air. Roof materials include fiberglass and asphalt. The home is served by public water and public sewer.
Parking is available via driveway and on-street options. The property includes a basement and multiple bedrooms and bathrooms across the units, supporting flexible residential living arrangements. Built in 1943, the quadplex is positioned for convenient access to shopping, dining, schools, parks, and major roadways in Lorain, OH.
The property sits on a 0.33-acre lot and includes a 3,624 SF building constructed with vinyl siding. Heating is provided via forced air. Roof materials include fiberglass and asphalt. The home is served by public water and public sewer.
Parking is available via driveway and on-street options. The property includes a basement and multiple bedrooms and bathrooms across the units, supporting flexible residential living arrangements. Built in 1943, the quadplex is positioned for convenient access to shopping, dining, schools, parks, and major roadways in Lorain, OH.
Key Highlights
- Fully occupied four‑unit quadplex with separate units at 818–824 S Central Drive
- 0.33‑acre lot with a 3,624 SF building
- Built in 1943
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
283
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 - Fully occupied quadplex near major roadways, built in 1943, with 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: Fully occupied four‑unit quadplex with separate units at 818–824 S Central Drive; 0.33‑acre lot with a 3,624 SF building; Built in 1943
