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    Vermilion, OH Residential Income Properties for Sale

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    Lorain, OH Amherst, OH Wakeman, OH
    Lakefront Retreat with Income Potential
    $2,349,900
    5,279 SF

    Lakefront Retreat with Income Potential

    13005 W Lake Road, Vermilion, OH 44089

    Gated lakefront property with four units and income potential.

    • Nearly 400‑foot private sandy beach and unobstructed Lake Erie views.
    • Income‑producing property with a triplex and additional income from land leases.
    • Private resort‑like amenities: fishing pier, 12 boat/jet ski docks, and generous green space.
    • Turn‑key and fully furnished units with coastal‑inspired finishes, vaulted ceilings, and expansive porches.
    • Owner's retreat features high‑end finishes, a two‑car garage, private cabana, and upper‑level gym with panoramic lake views.
    Updated: Jan 2
    View details
    Based on your search, we've compiled 37 Potential Opportunities for your consideration. Besides 1 Active listings in Vermilion, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 28 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.

    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
    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
    View details
    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
    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

    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.

    Vermilion Buildable Residential Lot
    Contact for pricing
    0.09 Acres

    Vermilion Buildable Residential Lot

    Vacant lot in Vermilion, OH, ideal for a house.

    1285 Claus Road, Vermilion, OH 44089
    View details
    37.48 Acres Prime Oberlin Land
    $899,900
    37.45 Acres

    37.48 Acres Prime Oberlin Land

    Prime land in Oberlin with future development potential.

    47094 US Highway 20, Oberlin, OH 44074
    View details
    Buildable Lot in Elyria
    Contact for pricing
    0.25 Acres

    Buildable Lot in Elyria

    Affordable .25 acre lot suitable for building a home.

    352 8th Street, Elyria, OH 44035
    View details
    Riverfront Land Parcel in Elyria
    $65,000
    1.99 Acres

    Riverfront Land Parcel in Elyria

    1.99-acre riverfront parcel zoned R-TH, allows duplex construction.

    V/L E Avenue, Elyria, OH 44035
    View details

    Off-Market Properties in Vermilion, OH

    Consider similar Off-Market properties in Vermilion, 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.

    2819 Topsail Way
    APARTMENT HOUSE (5+ UNITS)
    19,810 SF Lot: 3.11 Acres
    Estimated value
    $2,470,000

    2819 Topsail Way, Vermilion, OH 44089-4515

    View details
    644 Shr Ct
    APARTMENT HOUSE (5+ UNITS)
    3,604 SF Lot: 0.42 Acres
    Estimated value
    $515,000

    644 Shr Ct, Vermilion, OH 44089-1938

    View details
    207 Ballast Ct
    APARTMENT HOUSE (5+ UNITS)
    19,810 SF Lot: 7.38 Acres
    Estimated value
    $2,880,000

    207 Ballast Ct, Vermilion, OH 44089-4513

    View details
    673 Shr Ct
    APARTMENT HOUSE (5+ UNITS)
    2,496 SF Lot: 0.34 Acres
    Value Estimation by Request

    673 Shr Ct, Vermilion, OH 44089-1937

    View details
    661 Shr Ct
    APARTMENT HOUSE (5+ UNITS)
    2,496 SF Lot: 0.28 Acres
    Value Estimation by Request

    661 Shr Ct, Vermilion, OH 44089-1937

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    13207 Lk Rd
    MOBILE HOME PARK, TRAILER PARK
    1,596 SF Lot: 1.99 Acres
    Value Estimation by Request

    13207 Lk Rd, Vermilion, OH 44089-3071

    View details
    13207 Lk Rd
    MOBILE HOME PARK, TRAILER PARK
    375 SF Lot: 1.22 Acres
    Value Estimation by Request

    13207 Lk Rd, Vermilion, OH 44089-3071

    View details
    13311 Lk Rd
    MOBILE HOME PARK, TRAILER PARK
    5,112 SF Lot: 12.71 Acres
    Value Estimation by Request

    13311 Lk Rd, Vermilion, OH 44089

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    525 Shr Ct
    APARTMENT HOUSE (5+ UNITS)
    1,664 SF Lot: 0.24 Acres
    Value Estimation by Request

    525 Shr Ct, Vermilion, OH 44089-1935

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    524 Shr Ct
    APARTMENT HOUSE (5+ UNITS)
    3,354 SF Lot: 0.44 Acres
    Value Estimation by Request

    524 Shr Ct, Vermilion, OH 44089-1936

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    2558 Edgewater Dr, Unit 1
    APARTMENT HOUSE (5+ UNITS)
    2,808 SF Lot: 0.29 Acres
    Value Estimation by Request
    Unit 1

    2558 Edgewater Dr, Vermilion, OH 44089-2500

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    3265 Liberty Ave
    APARTMENT HOUSE (5+ UNITS)
    630 SF Lot: 0.32 Acres
    Value Estimation by Request

    3265 Liberty Ave, Vermilion, OH 44089-2491

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    541 Shr Ct
    APARTMENT HOUSE (5+ UNITS)
    1,664 SF Lot: 0.27 Acres
    Value Estimation by Request

    541 Shr Ct, Vermilion, OH 44089-1935

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    620 Shr Ct
    APARTMENT HOUSE (5+ UNITS)
    2,366 SF Lot: 0.46 Acres
    Value Estimation by Request

    620 Shr Ct, Vermilion, OH 44089-1938

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    605 Shr Ct
    APARTMENT HOUSE (5+ UNITS)
    2,366 SF Lot: 0.26 Acres
    Value Estimation by Request

    605 Shr Ct, Vermilion, OH 44089-1937

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    350 Salem Dr, Unit N
    APARTMENT HOUSE (5+ UNITS)
    6,860 SF Lot: 3.51 Acres
    Estimated value
    $1,110,000
    Unit N

    350 Salem Dr, Vermilion, OH 44089-3266

    View details
    589 Shr Ct
    APARTMENT HOUSE (5+ UNITS)
    1,664 SF Lot: 0.31 Acres
    Value Estimation by Request

    589 Shr Ct, Vermilion, OH 44089-1935

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    588 Shr Ct
    APARTMENT HOUSE (5+ UNITS)
    2,288 SF Lot: 0.38 Acres
    Value Estimation by Request

    588 Shr Ct, Vermilion, OH 44089-1936

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    573 Shr Ct
    APARTMENT HOUSE (5+ UNITS)
    1,664 SF Lot: 0.26 Acres
    Value Estimation by Request

    573 Shr Ct, Vermilion, OH 44089-1935

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    1270 Vermilion Rd
    CAMPGROUND, RV PARK
    768 SF Lot: 55.53 Acres
    Value Estimation by Request

    1270 Vermilion Rd, Vermilion, OH 44089-2033

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    685 Shr Ct
    APARTMENT HOUSE (5+ UNITS)
    3,120 SF Lot: 0.54 Acres
    Value Estimation by Request

    685 Shr Ct, Vermilion, OH 44089-1937

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    6603 Lk Rd
    CAMPGROUND, RV PARK
    952 SF Lot: 1.53 Acres
    Value Estimation by Request

    6603 Lk Rd, Vermilion, OH 44089-2855

    View details
    604 Shr Ct
    APARTMENT HOUSE (5+ UNITS)
    2,288 SF Lot: 0.29 Acres
    Value Estimation by Request

    604 Shr Ct, Vermilion, OH 44089-1938

    View details

    Vermilion, OH Residential Income Properties Investment Opportunities Market Analysis

    Explore 29 residential income properties for sale in Vermilion, OH on our real estate platform. These investment opportunities span a total of 5,279 square feet of properties for sale, with an estimated market value of $2,349,900.

    Sale prices for residential income properties in Vermilion, OH start at $2,349,900, averaging $2,349,900, and reaching up to $2,349,900 — 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

    Multifamily properties 1
    Single family properties 1
    Triplexes 1

    Demographics Overview

    Population 44K
    Population Growth (5Y) +1.6%
    Median Household Income $83,544
    College Educated 30.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    44089 $2.3M

    Taxes & Financing

    Average Loan-to-Value 65.0%

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