44052 Ohio Multi-Family Homes for Sale

44052 Ohio Multi-Family Homes for Sale

$170,000
4 Beds 2 Baths 5236560 MLS
Beautiful, exceptionally well-maintained and move-in-ready side-by-side duplex offering an excellent opportunity for either owner-occupants and or investors! Both units are currently vacant, providing flexibility to live in one side and lease other, or select your own tenants and rent both units from start. This property offers 1,680 square feet of total living space with 4 bedrooms, 2 full bathrooms and features a practical side-by-side configuration situated on nearly a quarter-acre lot. Pride of ownership is evident throughout, with numerous improvements and years of attentive maintenance. Recent updates include new carpet (2025), updated bathrooms (2023), LeafGuard gutter installation (2024), gutters and downspouts replaced (2019), exterior siding painted (2019), and storm doors updated (2019). The roof was replaced in 2010, and furnaces maintenanced annually. Outdoor living adds to appeal with addition of concrete patio areas (2021) and (2024). Electric SunSetter retractable awning installed in (2021). The barn and additional storage shed remain with property, providing extra outdoor storage. All appliances in the property are included, with the exception of the washer and dryer in Unit #1523. With both units vacant and ready for new occupants, this well-cared-for duplex offers a unique opportunity to move in, generate income, or do both. An excellent option for an owner-occupant seeking to offset housing expenses or an investor looking for a property with immediate leasing potential. Schedule your private showing today!

1521-1523 Missouri Avenue, Lorain

Listing Courtesy of: Hannah Sias, sias.sellingforyou@gmail.com With Russell Real Estate Services

$94,500
7 Beds 2 Baths 5210547 MLS
Unique 2-family investment opportunity offering exceptional income potential/Also perfect for owner occupied use! Spacious vinyl-sided duplex features a total of 7 bedrooms/2 full baths w/flexible layout consisting of 3-bedroom, 1-bath main floor unit plus 4-bedroom, 1-bath second-floor unit. Situated on quiet street w/2 separate driveways, partially fenced yard & separate entrances for each unit, includes welcoming porch for one of the units. Property will be delivered vacant at closing, making it ideal for owner occupancy or for investors looking to maximize rental income. Second-floor unit complete & owner-occupied, while main-floor unit requires some finishing work, allowing the new owner to add value/build equity. Laundry has been conveniently added to each floor. Property appears to feature 2 furnaces, separate gas service & 2 updated electrical boxes, w/one hot water tank currently servicing the property. Affordably priced to allow for completion of remaining improvements while creating strong cash flow potential. High bedroom count makes this a desirable rental opportunity with excellent income possibilities for traditional or Section 8 tenants. Perfect addition to a growing portfolio or ideal for an owner-occupant looking to offset living expenses with rental income. Being sold as-is. Cash, hard money or DSCR financing only. Investment-friendly city with strong rental demand and excellent

1813 Lexington Avenue, Lorain

Listing Courtesy of: Christopher A Frederick, thefrederickteam@gmail.com With Coldwell Banker Schmidt Realty

$155,000
4 Beds 2 Baths 5195958 MLS
Excellent income-producing investment opportunity OR homeowner opportunity. The upstairs tenant will be moving out next month. The property currently is receiving $1,750. The home features two units with strong rent: the upper unit is currently occupied paying $900 up-to date with rent, while the lower unit is occupied by a tenant and also up to date on rent $850. And ALL appliances will stay with the unit: including stove, refrigerator, washer, and dryer. The exterior has been updated with newer vinyl siding, newer roof, and vinyl windows, enhancing both durability and curb appeal. Inside you'll find newer flooring throughout, newer kitchens, and newer bathrooms. Major mechanical updates include two newer hot water tanks (2020) and a newer furnace, offering added peace of mind. There are 2 furnaces, one is in the basement and the second furnace is in the upstairs unit. Each unit offers a bright and inviting interior with abundant natural light, complemented by some updated flooring and fresh paint. The upper unit includes a private balcony, while the lower unit features covered porches. A spacious backyard with a storage shed provides additional outdoor functionality. With each unit having in-unit laundry area. The basement includes a laundry connection, currently not in use but offering future value-add potential. Situated on a quiet side street, the property has previously qualified for Section 8. Property is easy to show, call your realtor to schedule.

508 W 23rd Street, Lorain

Listing Courtesy of: Angie Lopez, angie.lopez@kw.com With Keller Williams Citywide

$210,000
5 Beds 3 Baths 5171576 MLS
Discover this beautifully updated triplex in the heart of Lorain — a standout opportunity for both house hackers and investors. Located at 316 W 10th St, the property features two spacious 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. The 1-bedroom unit is currently rented, while the two larger units are vacant and move-in ready, giving a new owner the flexibility to place tenants immediately or occupy a unit themselves. When fully stabilized, projected gross rents total approximately $2,700 per month - based on an evaluation of comparable rents in the area - offering an attractive estimated 9.9% cap rate. This triplex has undergone extensive updates, including nearly all new windows (2025), a roof replaced around 2021, fresh interior and exterior paint, new vinyl siding (2025), and new flooring throughout. The bathrooms have been updated with tubs, toilets, vanities, and the exterior features fresh landscaping for added curb appeal. Additionally, the property includes new furnaces (2022) and hot water tanks (2023), ensuring low-maintenance ownership for years to come. Additionally, extra paint and flooring are being left on-site for the new owner in case future repairs or touch-ups are needed. The owner currently covers water and sewer, while tenants handle the remaining utilities. With significant improvements already completed and strong income potential once fully rented, 316 W 10th St is a rare opportunity at this price point. It’s an ideal choice for investors seeking reliable cash flow or buyers looking to live in one unit while generating income from the rest.

316 W 10th Street, Lorain

Listing Courtesy of: Christina L Coughlin, christinacoughlin1983@gmail.com With Russell Real Estate Services

Selling Office: Russell Real Estate Services.

$190,300
5 Beds 3 Baths 5172008 MLS
Discover this stunning brick duplex, boasting nearly 2,500 square feet of beautifully renovated space. Every inch of this property has been meticulously updated, featuring brand new electrical and plumbing systems, pristine flooring, and fresh paint throughout. Both kitchens have been completely remodeled, along with all bathrooms, showcasing sleek, modern finishes. The home is equipped with a new HVAC system, roof, and hot water tank, ensuring comfort and efficiency year-round. Enjoy the convenience of brand new appliances, which will remain with the property, and appreciate the fresh concrete work on the driveway, sidewalk, and garage floor. New light fixtures, drywall, doors, and windows further enhance the home's appeal. Both porches have been tastefully updated, and a smart thermostat adds a touch of modern living. The bathrooms feature LED mirrors, providing a luxurious touch to your daily routine. Some new ductwork has been installed, and all ducts have been thoroughly cleaned for improved air quality. The main floor is home to a spacious 3-bedroom, 1.5-bath layout with basement access, while the upper level offers 2 bedrooms and a full bath, making it ideal for an investor looking to add a brand new place to their portfolio, multi-family situation or an owner-occupant seeking additional income through rental. The expansive basement has been waterproofed & provides ample storage, complete with two washer and dryer hookups and walkout access. New clean out for the sewer has recently been added as well. A detached garage adds further convenience and value. This property is not only a fantastic investment opportunity but also a perfect home for those looking to accommodate extended family or enjoy the benefits of rental income. Don't miss your chance to own this beautifully updated duplex!

2400 Oberlin Avenue, Lorain

Listing Courtesy of: Jessica Allgood, jessicaallgoodkw@gmail.com With Keller Williams Citywide

Selling Office: Non-Member.

$145,000
4 Beds 2 Baths 5130822 MLS
Move in Ready! Welcome to this huge, 2430sf duplex with lots of updates, a full basement, 4-5 bedrooms, and an unfinished third floor walk-up attic. Great curb appeal with a giant covered front porch. White vinyl siding and new roof in 2022. Large yard and plenty of parking. Balconies off the kitchens of both units for outdoor space. Freshly painted throughout. 1127sf on the first floor with 2 bedrooms and updated kitchen and remodeled bathroom. New vinyl flooring on the first floor. Large family room with decorative fireplace and large dining rooms in both units. Spacious bedrooms in both units. 9' ceilings on the first floor. 1303sf on the second floor unit with 2-3 bedrooms, and updated kitchen with tile flooring and appliances that stay. Remodeled bathroom with step in shower. New carpet in the upstairs unit. Sunroom off the living room could be a third bedroom. The 3rd floor walk-up attic has flooring and new windows and could be finished for a third unit, or more living space. All new windows in the first floor unit (except one). Mostly new windows in the second floor unit. Full basement has laundry hookups and accessible for both units. Updated furnaces for both units and hot water tanks for both units. Updated electrical. Could be converted to a single family home if desired. No rear neighbor. Great location, walking distance to Lake Erie, restaurants, shopping. marinas, and the Black River. And, only one block from the new Admiral King Elementary school and downtown Lorain.

517 Hamilton Avenue, Lorain

Listing Courtesy of: Richard Kropf, richkropf@gmail.com With Russell Real Estate Services

Selling Office: Russell Real Estate Services.

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44052 Ohio Multi-Family Homes

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