Lorain, OH Multifamily Properties for Sale

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Updated: May 27

Tenant-Occupied Duplex

1143 W 9th Street, Lorain, OH 44052

$145,000

1,784 sqft 0.17 AC lot

Tenant‑occupied duplex in Lorain, providing immediate rental income
4 bedrooms and 2 bathrooms total (Bedroom 1–4, Bathroom 1–2)
Built in 1900 with vinyl siding exterior
Natural gas heating
Public water and public sewer

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Updated: Jun 26

Brick Ranch Duplex with Center Garage

605 W 36th Street, Lorain, OH 44052

$225,000

1,736 sqft 0.25 AC lot

Brick ranch duplex built in 1964 with a center garage
Each unit layout includes 2 bedrooms, kitchen, eating area, living room, and a laundry room
Utilities: public water and public sewer; heating is natural gas forced air with central air cooling
Roof materials include asphalt and fiberglass
Recent updates include newer windows on the east side, new screen doors, and 1 newer water tank

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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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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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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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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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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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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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Vinyl-Sided Two-Unit Duplex

1813 Lexington Avenue, Lorain, OH 44052

$99,900

3,225 sqft 0.17 AC lot

Spacious 2-family duplex with separate entrances, two driveways, and laundry on each floor.

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Duplex with Private Entrances

510 E 25th Street, Lorain, OH 44055

$69,900

2,511 sqft 0.09 AC lot

Two units each with private entrance and updated windows; hot water tank replaced and ample parking for tenants.

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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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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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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 12 Active listings in Lorain, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 60 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Townhouse-Style Duplex on Acreage

48903-48905 N Ridge Road, Amherst, OH 44001

$369,900

3,384 sqft 2.03 AC lot

Two remodeled, side-by-side units each include laundry and a one-car garage on a wooded acreage lot.

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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

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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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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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 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.

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Residential Land in Mount Gilead

7326 State Route 19, Unit 6, Lots 90,91,92, Mount Gilead, OH 43338

Contact for pricing

0.40 AC lot

Land for sale with lake amenities in Mount Gilead.

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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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Off-Market Properties in Lorain, OH

Consider similar Off-Market properties in Lorain, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (5+ UNITS)

2600 Reeves Ave, Lorain, OH 44052-4266

Unit 2

$1,220,000

Estimated value

10,688 sqft 1.75 AC lot

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APARTMENT HOUSE (5+ UNITS)

3219 Elyria Ave, Lorain, OH 44055-1461

Value Estimation by Request

2,300 sqft 0.13 AC lot

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APARTMENT HOUSE (5+ UNITS)

4208 Shr Dr, Lorain, OH 44053-1351

Unit 2

$760,000

Estimated value

3,600 sqft 1.15 AC lot

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APARTMENT HOUSE (5+ UNITS)

908 Central Dr, Lorain, OH 44052-4947

Value Estimation by Request

5,124 sqft 0.34 AC lot

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APARTMENT HOUSE (5+ UNITS)

1150 5th St, Lorain, OH 44052-1412

Value Estimation by Request

3,900 sqft 0.16 AC lot

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APARTMENT HOUSE (5+ UNITS)

2912 Erie Ave, Lorain, OH 44053-1258

Value Estimation by Request

2,269 sqft 0.48 AC lot

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APARTMENT HOUSE (5+ UNITS)

1906 Lexington Ave, Lorain, OH 44052-3772

Unit 1

$585,000

Estimated value

3,420 sqft 0.34 AC lot

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APARTMENT HOUSE (5+ UNITS)

2550 Elyria Ave, Lorain, OH 44055-1341

Value Estimation by Request

2,600 sqft 0.14 AC lot

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APARTMENT HOUSE (5+ UNITS)

2410 28th St, Lorain, OH 44055-2114

Value Estimation by Request

2,600 sqft 0.14 AC lot

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APARTMENT HOUSE (5+ UNITS)

928 Central Dr, Lorain, OH 44052-4947

Value Estimation by Request

3,624 sqft 0.44 AC lot

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APARTMENT HOUSE (5+ UNITS)

3025 Globe Ave, Lorain, OH 44055-1771

Unit A

Value Estimation by Request

3,156 sqft 0.08 AC lot

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APARTMENT HOUSE (5+ UNITS)

121 Erie Ave, Lorain, OH 44052-2066

Unit A2

$1,035,000

Estimated value

3,968 sqft 0.44 AC lot

View details

Lorain, OH Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Lorain, OH, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 46,691 square feet of properties for sale, with an estimated market value of $4,023,600.

Sale prices for multifamily properties in Lorain, OH start at $69,900, averaging $365,781, 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 82K

Population Growth (5Y) +2.8%

Median Household Income $51,688

College Educated 22.5%

High-Yield Neighborhoods for Investment

Identify Lorain submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
44055	$115K
44052	$402.5K

Taxes & Financing

Tax Rate (average for all types) 6.83%

Property Tax per SF $92.34 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lorain County

New Delisted

Total CRE Inventory on Market (SF)

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Lorain, OH Multifamily Properties for Sale

1143 W 9th Street, Lorain, OH 44052

605 W 36th Street, Lorain, OH 44052

508 W 23rd Street, Lorain, OH 44052

605 West 36th Street, Lorain, OH 44052

2305-2307 Hamilton Avenue, Lorain, OH 44052

526-528 Hamilton Avenue, Lorain, OH 44052

514 W 20th Street, Lorain, OH 44052

1700 E 31st St, Lorain, OH 44055

1813 Lexington Avenue, Lorain, OH 44052

510 E 25th Street, Lorain, OH 44055

1902 Hancock St, Lorain, OH 44052

4645 Oberlin Ave, Lorain, OH

Opportunities in Nearby Cities

48903-48905 N Ridge Road, Amherst, OH 44001

140 School Street, Elyria, OH 44035

133 Ambleside Way, Amherst, OH 44001

43033 North Ridge Road, Elyria, OH 44035

Potential Development Sites for Consideration

35783 Lake Shore Boulevard, Eastlake, OH 44095

7326 State Route 19, Mount Gilead, OH 43338

7326 State Route 19, Unit 6, Lots 90,91,92, Mount Gilead, OH 43338

10312 PERRY Highway, Meadville, PA 16335

Off-Market Properties in Lorain, OH

2600 Reeves Ave, Lorain, OH 44052-4266

3219 Elyria Ave, Lorain, OH 44055-1461

4208 Shr Dr, Lorain, OH 44053-1351

908 Central Dr, Lorain, OH 44052-4947

1150 5th St, Lorain, OH 44052-1412

2912 Erie Ave, Lorain, OH 44053-1258

1906 Lexington Ave, Lorain, OH 44052-3772

2550 Elyria Ave, Lorain, OH 44055-1341

2410 28th St, Lorain, OH 44055-2114

928 Central Dr, Lorain, OH 44052-4947

3025 Globe Ave, Lorain, OH 44055-1771

121 Erie Ave, Lorain, OH 44052-2066

Lorain, OH Multifamily Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

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