Lorain, OH Multifamily Properties for Sale

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Found 43 multifamily properties for sale in Lorain, OH, averaging $83/sq ft. Use valuation data to compare deals faster.

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Updated: Jul 30

Four-Unit Quadplex

818-824 S Central Drive, Lorain, OH 44052

$275,000

3,624 sqft 0.33 AC lot

Four separate units with full occupancy
3,624 square feet on a 0.33‑acre lot
Built in 1943 with vinyl siding and forced‑air heating
Driveway and on‑street parking available
Public water and public sewer service

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Updated: Jun 26

Two-Unit Ranch Duplex with Garage

605 W 36th Street, Lorain, OH 44052

$225,000

1,736 sqft 0.25 AC lot

Two‑unit duplex with 1,736 square feet of building area
Each unit includes 2 bedrooms, kitchen, eating area, living room, and laundry
Center garage and separate crawl‑space access for each side
Two lots totaling 0.25 acres, including a corner lot at 36th and Oakdale
1964 construction with newer east‑side windows, new screen doors, and 1 newer water tank

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Tenant-Occupied Duplex

1143 W 9th Street, Lorain, OH 44052

$145,000

1,784 sqft 0.17 AC lot

Two-unit residential property with a basement, public utilities, and natural gas heating.

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Occupied Duplex with Basement Laundry

2514 Reid Avenue, Lorain, OH 44052

$169,000

1,952 sqft

Duplex features two occupied units, each with living and dining areas and full kitchens, plus a full basement and fenced backyard.

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Side-by-Side Duplex with Storage

1521-1523 Missouri Avenue, Lorain, OH 44052

$170,000

1,680 sqft 0.24 AC lot

Vacant two-unit property with updated bathrooms, outdoor patios, a garage, and additional storage buildings.

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Two-Unit Duplex with Basement

2514 Reid Avenue, Lorain, OH 44052

$169,000

1,952 sqft 0.14 AC lot

Occupied units offer separate layouts, laundry areas, individual gas and electric meters, and a fenced backyard.

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Triplex With Separate Residences

526-528 Hamilton Avenue, Lorain, OH 44052

$199,900

2,231 sqft 0.16 AC lot

Three distinct living spaces share one parcel, with public water and on-street parking serving the property.

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Renovated Apartment Buildings

5216 E Lake Rd, Sheffield Lk, OH 44054

$3,975,000

33,400 sqft

Two adjacent buildings offer renovated interiors, resident-paid electric, and shared owner-provided heat, water, sewer, and trash services.

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Duplex with Updated Systems

508 W 23rd Street, Lorain, OH 44052

$155,000

2,274 sqft 0.17 AC lot

Two-unit residential property with separate living spaces, in-unit laundry areas, outdoor porches, and a private upper-level balcony.

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Seven-Bedroom Duplex with Separate Entrances

1813 LEXINGTON AVENUE, Lorain, OH 44052

$94,500

3,225 sqft

Two-level duplex with separate entrances, individual laundry areas, and a flexible three-bedroom and four-bedroom unit arrangement.

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Brick Ranch Duplex with Center Garage

605 W 36th Street Lorain OH 44052, 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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Renovated 8-Unit Apartment Building

1505 Herbert Drive, Lorain, OH 44053

$675,000

0.44 AC lot

Fully occupied apartments feature updated interiors and electric ceiling heat.

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Two-Unit Duplex

514 W 20th Street, Lorain, OH 44052

$120,000

0.10 AC lot

One unit is occupied, while the other is available for customization.

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4-Unit Quadplex

448 Delaware Ave, Lorain, OH 44052

$205,000

3,346 sqft

Four residential units combine flexible month-to-month leasing with two distinct floor plan configurations.

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Vinyl-Sided Duplex

1813 Lexington Avenue, Lorain, OH 44052

$94,500

3,225 sqft 0.17 AC lot

Separate entrances, floor-by-floor laundry, and two driveways support flexible occupancy and rental operations.

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Tenant-Occupied Duplex

1143 W 9th St, Lorain, OH 44052

$145,000

1,784 sqft

Two residential units are currently occupied, providing an established rental configuration.

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Multifamily Property with Attached Garage

1519 Shaffer Drive, Lorain, OH 44053

$250,000

2,500 sqft

The building features wall and window cooling units, ceiling fans, and electric service.

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Two-Unit Duplex With Separate Entrances

1813 Lexington Ave, Lorain, OH 44052

$94,500

3,225 sqft

Distinct floor plans, individual laundry areas, and separate driveways support flexible occupancy.

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Corner Lot Restaurant with Apartment

1700 E 31st St, Lorain, OH 44055

$140,000

1,464 sqft

Retail restaurant with apartment and full basement on corner lot.

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Duplex with Driveway

2069 E 29th Street, Lorain, OH 44055

$170,000

1,664 sqft

Two-unit residential property with natural gas, a driveway, and unfinished interior space.

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10-Unit Townhome Apartment Building

5510 Beavercrest Dr, Lorain, OH 44053

Contact for pricing

10,250 sqft

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

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Mixed-Use Building with Three Apartments

1605 Broadway, Lorain, OH 44052

$140,000

Two-level property combines a restaurant-approved commercial area with three upper-floor residential units under development.

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Fully Occupied 10-Unit Apartment Building

1888 E 28th St, Lorain, OH 44055

$425,000

A fully occupied 10-unit property with one-bed, one-bath units, a coin laundry room, and a new silicone roof layer.

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Two-Story Walkup Apartment Complex

5001 Oberlin Ave, Lorain, OH 44053

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32,904 sqft 1.74 AC lot

Two-building walkup complex offers 46 units with exterior and interior corridors plus on-site outdoor parking.

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Lorain, OH Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Lorain, OH, showcased through 43 active listings on our real estate platform. These investment opportunities span a total of 138,642 square feet of properties for sale, with an estimated market value of $9,276,300.

Sale prices for multifamily properties in Lorain, OH start at $94,500, averaging $371,052, and reaching up to $3,975,000 — 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
44052	$165.7K
44055	$245K
44053	$437.5K

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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