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    Lorain, OH Multifamily Properties for Sale

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    Elyria, OH Sheffield Lake, OH Avon, OH
    12 results
    Lorain Multifamily Investment Opportunity
    $109,500
    3,225 SF

    Lorain Multifamily Investment Opportunity

    1813 Lexington Avenue, Lorain, OH 44052

    Two-unit property in Lorain, Ohio, with income potential.

    • High income potential as a 2‑family duplex with 7 bedrooms total.
    • Delivered vacant, offering immediate owner‑occupancy or rental income opportunities.
    • Separate entrances and driveways for each unit, enhancing privacy and tenant appeal.
    • Flexible layout with a 3‑bedroom and a 4‑bedroom unit.
    • Laundry hookups on each floor for tenant convenience.
    Updated: May 18
    View details
    Lorain Multifamily Investment Opportunity
    $109,500
    3,225 SF

    Lorain Multifamily Investment Opportunity

    1813 LEXINGTON AVENUE, Lorain, OH 44052

    Two-unit property with income potential in Lorain, Ohio.

    • High income potential as a 2‑family duplex with 7 bedrooms total
    • Delivered vacant, allowing immediate owner occupancy or rental income maximization
    • Two separate units with separate entrances and driveways for privacy and convenience
    • Flexible layout with a 3‑bedroom and a 4‑bedroom unit
    • Laundry hookups on both floors
    Updated: May 19
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    Income-Producing Duplex with Recent Updates
    $155,000
    2,274 SF

    Income-Producing Duplex with Recent Updates

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

    508 W 23rd Street, Lorain, OH 44052
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    Duplex and Single-Family Home
    $199,900
    2,231 SF

    Duplex and Single-Family Home

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

    526-528 Hamilton Avenue, Lorain, OH 44052
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    Renovated Brick Duplex Opportunity
    $215,000
    2,224 SF

    Renovated Brick Duplex Opportunity

    Updated duplex with new systems, modern finishes, and income potential.

    2400 Oberlin Avenue, Lorain, OH 44052
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    Lorain Duplex: Income Opportunity
    $125,000
    0.16 Acres

    Lorain Duplex: Income Opportunity

    Duplex in Lorain, OH with built-in income potential.

    2228 E 30th Street, Lorain, OH 44055
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    Lorain Duplex with Rental Income
    $120,000
    0.10 Acres

    Lorain Duplex with Rental Income

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

    514 W 20th Street, Lorain, OH 44052
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    Lorain Multifamily Investment Opportunity
    $69,900
    2,511 SF

    Lorain Multifamily Investment Opportunity

    Multifamily property with long-term tenants in a quiet location.

    510 E 25th Street, Lorain, OH 44055
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    MULTI_FAMILY - Lorain, OH
    $145,000
    1,784 SF

    MULTI_FAMILY - Lorain, OH

    Duplexes · 1,784 SF

    1143 W 9th Street, Lorain, OH 44052
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    Lorain Duplex Portfolio
    $2,100,000
    19,800 SF

    Lorain Duplex Portfolio

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

    1902 Hancock St, Lorain, OH 44052
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    Corner Lot Restaurant with Apartment
    $160,000
    2,928 SF

    Corner Lot Restaurant with Apartment

    Retail restaurant with apartment and full basement on corner lot.

    1700 E 31st St, Lorain, OH 44055
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    Mixed-Use Investment Property For Sale
    $469,000
    7,466 SF

    Mixed-Use Investment Property For Sale

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

    4645 Oberlin Ave, Lorain, OH
    View details
    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.

    Charming Triplex with Private Porches
    $202,000
    2,514 SF

    Charming Triplex with Private Porches

    Steps from Oberlin College, this well-maintained triplex offers three separate units with private porches and strong rental appeal.

    360 S Main Street, Oberlin, OH 44074
    View details
    Elyria Commercial Land For Sale
    $100,000
    2.50 Acres

    Elyria Commercial Land For Sale

    2.5 acre commercial land with high traffic and easy access.

    43033 N Ridge Road, Elyria, OH 44035
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    Prime Location Commercial Land
    $100,000

    Prime Location Commercial Land

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

    43033 North Ridge Road, Elyria, OH 44035
    View details
    Multifamily Property with 11 Units
    $950,000

    Multifamily Property with 11 Units

    Multifamily property featuring 11 units, available for sale.

    540 W College St, Oberlin, OH 44074
    View details

    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
    $765,000
    5.66 Acres

    Eastlake Marina District Land

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

    35783 Lake Shore Boulevard, Eastlake, OH 44095
    View details
    Residential Land in Mount Gilead
    Contact for pricing
    0.40 Acres

    Residential Land in Mount Gilead

    Land available in Mount Gilead with lake amenities.

    7326 State Route 19, Mount Gilead, OH 43338
    View details
    Residential Lot in Vernon Township
    $37,500
    0.63 Acres

    Residential Lot in Vernon Township

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

    10312 PERRY Highway, Meadville, PA 16335
    View details
    Wintersville Land For New Development
    $98,000
    3.92 Acres

    Wintersville Land For New Development

    Nearly 4 acres ideal for housing or commercial development.

    601 County Road 34, Wintersville, OH 43953
    View details

    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.

    2600 Reeves Ave, Unit 2
    APARTMENT HOUSE (5+ UNITS)
    10,688 SF Lot: 1.75 Acres
    Estimated value
    $1,220,000
    Unit 2

    2600 Reeves Ave, Lorain, OH 44052-4266

    View details
    3219 Elyria Ave
    APARTMENT HOUSE (5+ UNITS)
    2,300 SF Lot: 0.13 Acres
    Value Estimation by Request

    3219 Elyria Ave, Lorain, OH 44055-1461

    View details
    4208 Shr Dr, Unit 2
    APARTMENT HOUSE (5+ UNITS)
    3,600 SF Lot: 1.15 Acres
    Estimated value
    $760,000
    Unit 2

    4208 Shr Dr, Lorain, OH 44053-1351

    View details
    908 Central Dr
    APARTMENT HOUSE (5+ UNITS)
    5,124 SF Lot: 0.34 Acres
    Value Estimation by Request

    908 Central Dr, Lorain, OH 44052-4947

    View details
    1150 5th St
    APARTMENT HOUSE (5+ UNITS)
    3,900 SF Lot: 0.16 Acres
    Value Estimation by Request

    1150 5th St, Lorain, OH 44052-1412

    View details
    2912 Erie Ave
    APARTMENT HOUSE (5+ UNITS)
    2,269 SF Lot: 0.48 Acres
    Value Estimation by Request

    2912 Erie Ave, Lorain, OH 44053-1258

    View details
    1906 Lexington Ave, Unit 1
    APARTMENT HOUSE (5+ UNITS)
    3,420 SF Lot: 0.34 Acres
    Estimated value
    $585,000
    Unit 1

    1906 Lexington Ave, Lorain, OH 44052-3772

    View details
    2550 Elyria Ave
    APARTMENT HOUSE (5+ UNITS)
    2,600 SF Lot: 0.14 Acres
    Value Estimation by Request

    2550 Elyria Ave, Lorain, OH 44055-1341

    View details
    2410 28th St
    APARTMENT HOUSE (5+ UNITS)
    2,600 SF Lot: 0.14 Acres
    Value Estimation by Request

    2410 28th St, Lorain, OH 44055-2114

    View details
    928 Central Dr
    APARTMENT HOUSE (5+ UNITS)
    3,624 SF Lot: 0.44 Acres
    Value Estimation by Request

    928 Central Dr, Lorain, OH 44052-4947

    View details
    3025 Globe Ave, Unit A
    APARTMENT HOUSE (5+ UNITS)
    3,156 SF Lot: 0.08 Acres
    Value Estimation by Request
    Unit A

    3025 Globe Ave, Lorain, OH 44055-1771

    View details
    121 Erie Ave, Unit A2
    APARTMENT HOUSE (5+ UNITS)
    3,968 SF Lot: 0.44 Acres
    Estimated value
    $1,035,000
    Unit A2

    121 Erie Ave, Lorain, OH 44052-2066

    View details

    Lorain, OH Multifamily Properties Investment Opportunities Market Analysis

    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 47,668 square feet of properties for sale, with an estimated market value of $3,732,800.

    Sale prices for multifamily properties in Lorain, OH start at $69,900, averaging $373,280, 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.

    List
    Map

    Top Commercial Asset Segments

    Duplexes 9
    Apartment buildings 2

    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 median listing prices of real estate assets

    Neighborhood Average Price
    44055 $118.3K
    44052 $394.2K

    Taxes & Financing

    Tax Rate (average for all types) 6.83%
    Property Tax per SF $92.34 per sq ft
    Average Loan-to-Value 65.0%

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