Lake County, OH Multifamily Properties for Sale

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Updated: Jun 5

Duplex with Enclosed Porch

403 New Street, Fairport Harbor, OH 44077

$209,900

1,512 sqft 0.20 AC lot

Duplex with 2 units: Unit #1 has 1 bedroom and 1 full bath; Unit #2 has 2 bedrooms and 1 full bath
Unit #1 (lower level) includes a cozy family room and an enclosed porch
Updates in Unit #1 include new shower/tub, faucet/showerhead, updated plumbing, new interior bathroom door, and new ceiling fan (2023)
Unit #2 has a spacious family room and was recently painted throughout
Forced‑air natural gas heat and window unit cooling; public water and public sewer

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This listing looks promising.

Here's a quick look at some key insights for

403 New Street, Fairport Harbor, OH 44077

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Est. Cap Rate

7.8%
Above avg (5.9%)
Est. NOI

$16K
Annual
Price @ 7% Cap

$234K
Above asking
Property Type

Single Family Residence
Built 1915

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Updated: Jul 1

Six-Unit Apartment Investment

2824 Haines Road, Madison, OH 44057

$599,900

7,297 sqft 1.80 AC lot

Six fully rented units across two buildings on a 1.8‑acre parcel in Madison
Total mix includes 12 bedrooms and 6 full baths
Main house units: 3BR/1BA main level, 2BR/1BA second floor, and 1BR/1BA rear unit
Second building units: 2BR/1BA main level, 3BR/1BA second floor, and a studio with full bath in the walkout basement
Rents cited include $1,400/mo (lease expires 6/30/2027) and $1,200/mo (month‑to‑month and lease expires 10/31/2026)

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Four-Unit Residential Income Property

134 Pearl Street, Painesville, OH 44077

$334,900

4,628 sqft 0.16 AC lot

Fully occupied four-unit building with recent exterior and unit updates, positioned for steady rental income.

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Four-Unit Residential Income Property

52 Eagle Street, Madison, OH 44057

$275,000

3,285 sqft 0.44 AC lot

Four-family investment with recent unit updates and off-street parking for each unit.

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Spacious Condo in Deepwood Estates

8300 Deepwood Boulevard, Mentor, OH 44060

$177,000

0.32 AC lot

Move-in ready, three-bedroom condo with updated features and amenities.

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Renovated Two-Unit Duplex

58 Adelaide Avenue, Painesville, OH 44077

$249,900

1,584 sqft 0.16 AC lot

Completely renovated duplex with two occupied units, each offering in-suite laundry and updated kitchens and baths.

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Triplex with Detached Three-Car Garage

423 7th Street, Fairport Harbor, OH 44077

$199,000

1,908 sqft 0.12 AC lot

Income-producing triplex with dedicated garage parking, in-unit laundry hookups, and recent updates to two lower units.

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Mixed-Use Income Property

37931 Vine Street, Willoughby, OH 44094

$919,900

0.45 AC lot

Fully leased triplex plus a 7,200-square-foot commercial building with loft and rooftop deck on one parcel.

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Side-by-Side Duplex Income Property

7224 Burridge Avenue, Mentor, OH 44060

$379,999

0.44 AC lot

Well-maintained side-by-side duplex with two upstairs bedroom sets, renovated bath, dry basement, and a garage on-site.

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Based on your search, we've compiled 61 Potential Opportunities for your consideration. Besides 9 Active listings in Lake County, OH, we suggest exploring several alternatives: similar 48 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Eastlake Marina District Land

35783 Lake Shore Boulevard, Eastlake, OH 44095

$765,000

5.66 AC lot

5.66 acres in Eastlake's Marina District, primed for development.

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Residential Lot in Vernon Township

10312 PERRY Highway, Meadville, PA 16335

$34,900

0.63 AC lot

0.63 acre residential lot with utilities in Vernon Township, PA.

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Cleared Land with Development Potential

Fredonia, NY 14063

$125,900

22.00 AC lot

22-acre cleared land near Lake Erie with utilities.

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Residential Land in Mount Gilead

7326 State Route 19, Mount Gilead, OH 43338

Contact for pricing

0.40 AC lot

Land available in Mount Gilead with lake amenities.

$1,330,000

Estimated value

822 sqft 3.13 AC lot

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MOBILE HOME PARK, TRAILER PARK

35755 Lk Shr Blvd, Eastlake, OH 44095-1864

$1,345,000

$640,000

Estimated value

2,440 sqft 17.99 AC lot

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Lake County, OH Multifamily Properties Market Trends and Statistics

Explore 57 multifamily properties for sale in Lake County, OH, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 18,630 square feet of properties for sale, with an estimated market value of $1,618,700.

Sale prices for multifamily properties in Lake County, OH start at $199,000, averaging $323,740, and reaching up to $599,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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