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    Lorain County, OH Residential Income 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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    Two-Unit Residence with Finished Barn
    Updated: Jul 23
    Two-Unit Residence with Finished Barn

    115 Avon Point Avenue, Avon Lake, OH 44012

    $325,000
    1,708 sqft 0.31 AC lot
    Two‑family home with 2nd‑floor unit plus first‑floor unit: first floor has 2 bedrooms and 1 full bath; second floor has 1 bedroom and 1 full bath
    Construction materials include vinyl siding; roof is asphalt with fiberglass components
    Heating: natural gas forced air; cooling: window unit(s); water and sewer provided by public systems
    Garage parking plus barn on‑site with finished spaces including kitchen, living room, bedroom, and bathroom
    Barn offers two oversized single‑car parking spaces, abundant additional storage, and a separate storage bay
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    Brick Four-Unit Multifamily Building
    Brick Four-Unit Multifamily Building

    428 West Avenue, Elyria, OH 44035

    $299,900
    4,800 sqft 0.19 AC lot

    Three occupied units and one vacant unit in a well-maintained brick fourplex, with updated boiler and separate tenancy opportunities.

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    Duplex Income Property
    Duplex Income Property

    2514 Reid Avenue, Lorain, OH 44052

    $169,000
    1,952 sqft 0.14 AC lot

    Duplex with two occupied units, separate gas and electric meters, and a full dry basement with two laundry areas.

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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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    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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    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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    Two-Unit Residence with Barn
    Two-Unit Residence with Barn

    115 Avon Point Avenue, Avon Lake, OH 44012

    $275,000
    1,708 sqft 0.19 AC lot

    Converted two-family home with two separate units plus a finished barn for flexible extra living or workspace.

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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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    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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    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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    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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    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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    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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    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 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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    Renovated 8-Unit Apartment Building
    Renovated 8-Unit Apartment Building

    1505 Herbert Drive, Lorain, OH 44053

    $699,000

    Newly renovated, fully occupied 8-unit building with 1 bed/1 bath apartments and updated mechanical and interior features.

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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-Story Walkup Apartment Complex
    Two-Story Walkup Apartment Complex

    5001 Oberlin Ave, Lorain, OH 44053

    Contact for pricing
    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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    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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    Renovated Eight-Unit Multifamily Building
    Renovated Eight-Unit Multifamily Building

    7444 Lake Ave., Elyria, OH 44035

    $349,999

    Eight residential units with recent apartment renovations and exterior upgrades, plus ample on-site parking.

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    Residential Income Duplex
    Residential Income Duplex

    116 Taylor Street, Wellington, OH 44090

    $169,500
    0.24 AC lot

    Duplex residential income property for sale at 116 Taylor Street in Wellington, Ohio.

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    Lorain County, OH Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Lorain County, OH, showcased through 47 active listings on our real estate platform. These investment opportunities span a total of 109,335 square feet of properties for sale, with an estimated market value of $12,374,498.

    Sale prices for residential income properties in Lorain County, OH start at $49,900, averaging $309,362, 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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