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    Lorain County, OH Multifamily Properties for Sale

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    Townhouse-Style Duplex on Acreage
    Updated: Jun 18
    Townhouse-Style Duplex on Acreage

    48903-48905 N Ridge Road, Amherst, OH 44001

    $369,900
    3,384 sqft 2.03 AC lot
    3384 SF townhouse‑style duplex on 2.03 acres in Brownhelm Township with Firelands Schools; Amherst address and NO RITA taxes.
    Built in 2000: 2 side‑by‑side units inside a cedar structure; each unit has 3 bedrooms, 1.5 bathrooms, a laundry room, and 1‑car garage.
    Separate living/income setup: all utilities are on separate meters, with each unit having its own furnace/AC (serviced June 2026).
    Both units updated: plumbing, electrical, HVAC, double‑paned windows, and doors were new in 2000; both units remodeled in 2026 after tenants moved out.
    Water/sewer: public water and dual 1000‑gallon NCI septic systems; septic tank details listed for the property.
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    This listing looks promising.

    Here's a quick look at some key insights for

    48903-48905 N Ridge Road, Amherst, OH 44001

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    • Est. Cap Rate

      8.4%
      Above avg (5.9%)

    • Est. NOI

      $31K
      Annual

    • Price @ 7% Cap

      $443K
      Above asking

    • Property Type

      Duplex
      Built 2000
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    Brick Four-Unit Multifamily Building
    Updated: May 12
    Brick Four-Unit Multifamily Building

    428 West Avenue, Elyria, OH 44035

    $299,900
    4,800 sqft 0.19 AC lot
    Brick four‑unit multifamily building built in 1900
    3 units currently occupied and 1 unit vacant, offering immediate income plus potential to increase cash flow
    Current rents: $850/mo for Unit 1 (lease expires 4/30/2027), $775/mo for Unit 2 (lease expires 4/30/2027), and $880/mo for Unit 3 (through Lorain Metropolitan Housing Authority; lease expires 8/31/2026)
    Unit 3 is under LMA housing assistance with $582 subsidy plus $298 tenant portion
    Parking includes driveway and garage
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    Turnkey Duplex Investment Opportunity
    Turnkey Duplex Investment Opportunity

    228 Gates, Elyria, OH 44035

    $126,500
    1,491 sqft 0.08 AC lot

    Two-by-two duplex with updated kitchens and baths, occupied tenants, and tenant-paid utilities except water and sewer.

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    Mixed-Use Building with Apartment
    Mixed-Use Building with Apartment

    229 5th Street, Elyria, OH 44035

    $185,000
    2,207 sqft 0.21 AC lot

    First-floor former chiropractic office and second-floor two-bedroom, one-bath apartment, with separate HVAC and hot water systems.

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    Elyria Mixed-Use Investment Opportunity
    Elyria Mixed-Use Investment Opportunity

    154 Woodbury St, Elyria, OH 44035

    $269,000
    3,552 sqft

    Mixed-use property with commercial space, residential units, and warehouse.

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    Tenant-Occupied Duplex
    Tenant-Occupied Duplex

    1143 W 9th Street, Lorain, OH 44052

    $145,000
    1,784 sqft 0.17 AC lot

    Two unit residential income property in Lorain, OH, currently tenant-occupied and offered for sale.

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    Spacious Quadplex with Riverfront Lot
    Spacious Quadplex with Riverfront Lot

    1004 East Avenue, Elyria, OH 44035

    $179,900
    4,004 sqft 2.24 AC lot

    Four-unit property with remodeling potential on a prime riverfront lot.

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    Brick Ranch Duplex with Center Garage
    Brick Ranch Duplex with Center Garage

    605 West 36th Street, Lorain, OH 44052

    $225,000
    1,736 sqft 0.25 AC lot

    Brick ranch duplex offers two matching 2-bedroom units with a center garage and in-unit laundry areas.

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    Brick Ranch Duplex with Center Garage
    Brick Ranch Duplex with Center Garage

    605 W 36th Street, Lorain, OH 44052

    $225,000
    1,736 sqft 0.25 AC lot

    Two matching 2-bedroom units with separate laundry and crawl-space access, suited for owner-occupant or rental income.

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    Triplex with Private Porches
    Triplex with Private Porches

    360 S Main Street, Oberlin, OH 44074

    $199,000
    2,514 sqft 0.25 AC lot

    Well-maintained triplex with three separate units, each featuring a private porch for tenant privacy.

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    Corner Lot Restaurant with Apartment
    Corner Lot Restaurant with Apartment

    1700 E 31st St, Lorain, OH 44055

    $160,000
    2,928 sqft

    Retail restaurant with apartment and full basement on corner lot.

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    Income-Producing Duplex with Recent Updates
    Income-Producing Duplex with Recent Updates

    508 W 23rd Street, Lorain, OH 44052

    $155,000
    2,274 sqft 0.17 AC lot

    Updated duplex in Lorain, OH, with strong rental income.

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    Duplex with Oversized Two-Car Garage
    Duplex with Oversized Two-Car Garage

    2305-2307 Hamilton Avenue, Lorain, OH 44052

    $174,900
    1,000 sqft 0.19 AC lot

    Duplex for sale with separate tenant utilities and an oversized two-car garage for added vehicle and storage convenience.

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    Lorain Duplex Portfolio
    Lorain Duplex Portfolio

    1902 Hancock St, Lorain, OH 44052

    $2,100,000
    19,800 sqft

    22-unit portfolio in Lorain, Ohio with rent upside.

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    Multi-Family and Ranch Investment Property
    Multi-Family and Ranch Investment Property

    1 Pitts Road, Wellington, OH 44090

    $449,900
    4.00 AC lot

    Two parcels total 4 acres, featuring a 4-unit building with coin-op laundry and a ranch home with full basement.

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    Two-Unit Duplex Investment
    Two-Unit Duplex Investment

    140 School Street, Elyria, OH 44035

    $174,900
    0.21 AC lot

    Cash-flowing duplex featuring two separate units with multiple bedrooms, full bathrooms, and dedicated outdoor and storage space.

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    Amherst Condo with Modern Updates
    Amherst Condo with Modern Updates

    133 Ambleside Way, Amherst, OH 44001

    $320,000
    0.04 AC lot

    Well-maintained condo near downtown Amherst with community amenities.

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    Duplex Investment Property
    Duplex Investment Property

    116 Taylor Street, Wellington, OH 44090

    $174,900
    0.24 AC lot

    For sale duplex at 116 Taylor Street in Wellington, Ohio, on a 0.24-acre lot.

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    Prime Location Commercial Land
    Prime Location Commercial Land

    43033 North Ridge Road, Elyria, OH 44035

    $100,000

    High-traffic land ideal for storage, offices, retail, or apartments.

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    Duplex and Single-Family Home
    Duplex and Single-Family Home

    526-528 Hamilton Avenue, Lorain, OH 44052

    $199,900
    2,231 sqft 0.16 AC lot

    Multi-unit property with duplex and single-family home on one lot.

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    Multifamily Property with 11 Units
    Multifamily Property with 11 Units

    540 W College St, Oberlin, OH 44074

    $950,000

    Multifamily property featuring 11 units, available for sale.

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    Tenant-Occupied Two-Unit Duplex
    Tenant-Occupied Two-Unit Duplex

    245 7th Street, Elyria, OH 44035

    $139,900
    0.22 AC lot

    Duplex with two leased units, including a 2-bedroom first-floor layout and a 3-bedroom second-floor layout.

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    Mixed-Use Investment Property For Sale
    Mixed-Use Investment Property For Sale

    4645 Oberlin Ave, Lorain, OH

    $469,000
    7,466 sqft 1.85 AC lot

    Mixed-use property featuring office, apartments, and warehouses.

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    Lorain Duplex with Rental Income
    Lorain Duplex with Rental Income

    514 W 20th Street, Lorain, OH 44052

    $120,000
    0.10 AC lot

    Duplex in Lorain, OH with existing tenant and customization potential.

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    Lorain County, OH Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Lorain County, OH, showcased through 29 active listings on our real estate platform. These investment opportunities span a total of 67,060 square feet of properties for sale, with an estimated market value of $5,212,800.

    Sale prices for multifamily properties in Lorain County, OH start at $49,900, averaging $289,600, and reaching up to $2,100,000 — 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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