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$149,900
4 Beds 2 Baths 5233205 MLS
Investor opportunity with owner-occupant potential! This duplex at 1423 Shaffer Drive, Lorain is currently fully occupied, generating immediate rental income with one unit leased at $900/month on a one year lease ending 07/31/2027 and the other at $800/month on a month-to-month basis, for a total gross monthly income of $1,700 Tenants pay their own gas and electric, while the owner covers water and sewer, helping keep operating expenses manageable. Whether you're looking to add a cash-flowing property to your investment portfolio or planning ahead to owner-occupy one unit while offsetting your mortgage with rental income from the other, this property offers excellent flexibility. A great opportunity for investors today and future owner-occupants or house hackers alike.

1423 Shaffer, Lorain

Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services

$260,000
5 Beds 3 Baths 5192185 MLS
Rare 3-unit multi-family opportunity in Lorain County offering both income potential and exceptional flexibility! The first floor features approximately 1,600 square feet of open space, making it ideal for an owner’s suite, home-based business, office space, or conversion into an additional rental unit. The second floor includes two separate units, each offering 2 bedrooms, 1 full bath, an eat-in kitchen, and spacious living areas, totaling approximately 1,100 square feet. Both units were previously rented for around $900 per month (under market value for today's rental pricing), providing strong potential for steady residual income. Situated on 6.24 acres of country property, this parcel offers incredible possibilities for the right buyer- whether you’re looking to expand rental income, run a business, or enjoy the privacy and flexibility of rural living. Conveniently located just off Broadway and State Route 2, this property combines accessibility with space and opportunity. This home is in need of repairs and is being Sold As-Is and priced accordingly. A unique investment with multiple income streams and room to grow- schedule your showing today! ***Note This property is being offered subject to the lot split in the photos and also in the attachments. It will be recorded prior to title transfer. ***

380 N Ridge Road W, Lorain

Listing Courtesy of: Sam LoFaso, sold@samlofaso.com With LoFaso Real Estate Services

Selling Office: Keller Williams Greater Metropolitan.

$215,000
6 Beds 2 Baths 5181804 MLS
This well-maintained side-by-side duplex offers a solid investment opportunity with immediate income in place. Located perfectly in the Lorain/Amherst area, convenient to all highways, restaurants and shopping. Each unit features three generously sized bedrooms, and one full bath, providing comfortable and functional living spaces. An attached two-car garage adds convenience and value, while incorporating a more single-family feel for tenants. The long-term tenants that are already in place, reflect the care and consistency they provide for this property, making this deal for investors. One side of the duplex is currently vacant, making this property an excellent opportunity for an owner to live in one unit while generating rental income from the other! Start 2026 with this investment property that provides a solid, low-maintenance addition to any real estate portfolio or make this property your home while being a landlord!

1415 Shaffer Drive, Lorain

Listing Courtesy of: Glenda E Owens, gowens@century21deanna.com With Century 21 DeAnna Realty

Selling Office: Keller Williams Citywide.

$250,000
6 Beds 2 Baths 5181019 MLS
This well-maintained side-by-side duplex offers a solid investment opportunity with immediate income in place. Located perfectly in the Lorain/Amherst area, convenient to all highways, restaurants and shopping. Each unit features three generously sized bedrooms, one full bath plus one half bath, providing comfortable and functional living space. This property has been thoughtfully updated, including a brand-new roof, offering peace of mind for the next owner. An attached two-car garage adds convenience and value, while incorporating a more single-family feel for tenants. The long-term tenants that are already in place, reflect the care and consistency they provide for this property, making this deal for investors. Start 2026 with this turnkey property that provides a solid, low-maintenance addition to any real estate portfolio!

1519 Shaffer Drive, Lorain

Listing Courtesy of: Glenda E Owens, gowens@century21deanna.com With Century 21 DeAnna Realty

Selling Office: Berkshire Hathaway HomeServices Professional Realty.

$206,000
4 Beds 2 Baths 5179446 MLS
This cash-flowing duplex is ready to be yours! With updates throughout such as a newly rent-ready vacant unit with fresh paint and new flooring, refreshed common area with new paint and new LVP flooring, new asphalt driveway, and professional landscaping around the property. Each unit has 2 beds and 1 bath, LVP flooring throughout, a spacious living room and a functional kitchen with adjoining dinning area. The down unit is leased, and rents for $995/month with a lease is place through 02/19/2026. Up unit's market rent is $1,300/month. Located Lorain, this property sits next to major roadways, local schools and community amenities and more. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! Your perfect opportunity to become an investor overnight has arrived, don't wait!

4401 Marshall Avenue, Lorain

Listing Courtesy of: Michael Azzam, mike@theazzamgroup.com With RE/MAX Haven Realty

Selling Office: Keller Williams Greater Metropolitan.

$216,500
4 Beds 2 Baths 5163409 MLS
Great investment opportunity in Lorain. This well-maintained duplex offers two spacious units, each with 2 bedrooms and 1 full bath, and a back deck. The upper unit rents for $1,150 and the lower unit for $1,250, bringing in a total of $2,400 per month in rental income. Over $30,000 in improvements have been made within the last year, including an updated bathroom, fresh paint throughout the walls, doors, and trim, and updated landscaping that adds great curb appeal. The property sits in a convenient location close to Home Depot, Walmart, Kohl's, Applebee's, Pulp Smoothies, and several other shopping and dining options. It's also near major roads for an easy commute. With strong rental income, modern updates, and minimal maintenance needs, this duplex is ready to perform from day one. Schedule your showing today and see why this one stands out.

4323 Marshall Avenue, Lorain

Listing Courtesy of: Owen J Kruger, owenkrugerrealty@gmail.com With Civitas Real Estate Group

Selling Office: Non-Member.

$205,000
4 Beds 2 Baths 5155545 MLS
Well-maintained duplex featuring two 2 bed / 1 bath units in a desirable location. Each unit has a private laundry room, open kitchen/dining and a attached garage with added storage area. Overall updates include: roof 2013, hot water tanks 2008 and 2010 (upper unit), vinyl windows 2018 (upper unit) 2021 (lower unit), entry doors 2016 and 2018. The lower unit has been fully renovated, including new kitchen cabinets, backsplash, fresh interior paint, and a new wall AC unit. This unit also features exclusive access to a spacious private yard with patio?perfect for outdoor living or tenant enjoyment. The upper unit includes a recently updated bathroom and is in great condition, offering immediate rental potential. A large shared entry foyer connects to an attached two car garage with generous closet and storage space, ideal for tenants or owner use. Whether you're an investor seeking a solid income-producing property or a buyer looking to live in one unit while renting the other, this duplex checks all the boxes.

4610 Ashland Avenue, Lorain

Listing Courtesy of: Mathew P Chase, matt@chasegrouprealestate.com With Keller Williams Greater Metropolitan

Selling Office: EXP Realty, LLC..

$210,000
4 Beds 3 Baths 5090878 MLS
Attention Investors! Are you looking to add a property to your Real Estate Investment portfolio? 4400-4408 Meister road is a property that will produce income! The property was just built in 2001, all major mechanical systems, are built to modern standards and in good operating condition. Both units are fitted with Central air, the garage side unit A/C was replaced in 2024. The property also offers plenty of parking, with three driveways and one attached garage. The garage unit is a bit larger offering; two bedrooms, two bathrooms, a spacious living room and large kitchen with solid cabinetry and counter space. Just off of the kitchen is an addition to the original dwelling allowing for an office, an additional bedroom or living space. The basement offers an abundance of additional living space, storage and a half bathroom. The second unit is a bit smaller but is still a good size two bedroom unit with one bathroom, a large living room and spacious kitchen. The left unit also has basement access which allows for plenty of storage. You don't want to miss out on this property, call your favorite Realtor for a private showing today.

4400 Meister Road, Lorain

Listing Courtesy of: Anthony J Mendez, ajmendez@h2hrealtors.com With House to Home Real Estate Professionals, LLC.

Selling Office: RE/MAX Edge Realty.

$201,000
6 Beds 2 Baths 5086634 MLS
New roof as of December 2024. Reason it is back on the market. Complete tear off was done. Will give buyer the information for the company that did the work as the warranty will transfer with purchase. Well maintained multi-family home in a very desirable neighborhood. This up/down multi-family home is perfect for investment income or a house hack where you live in one unit and rent the other. There is an attached garage and fenced backyard. Current tenants in-place until 7/25 at $1100/$1100 that pay all utilities including water. There are laundry rooms in both units with owner provided washer/dryer in each unit. This is an excellent opportunity to get into real estate investing with a turn-key property with long term tenants in place.

1329 Lindenwood Drive, Lorain

Listing Courtesy of: Kenneth Lencoski, klencoski@gmail.com With Russell Real Estate Services

Selling Office: Home Equity Realty Group.

$205,000
4 Beds 2 Baths 5033825 MLS
Remarks: Unique opportunity for a charming split-level home on a quiet street in Lorain! An ideal setup for multi-generational living, this delightful home is currently setup as a duplex that could easily be converted to a single-family residence if desired. Both units feature identical floor plans, each with 2 bedrooms, 1 full bathroom, updated kitchens, and spacious living areas. The double front door of the home opens into a welcoming foyer. From here, there is access to both units, a sliding door to the back deck that leads to the deep and spacious back yard and finally access to the generously-sized, 2-car attached garage. Inside each unit, there is a spacious living room with a picture window and updated LVP flooring. The living rooms are open to dining rooms that connect to the kitchens. Both kitchens have been updated with newer appliances, a delightful tile backsplash, and ample cabinet space. Towards the front of both units are two very spacious bedrooms. The lower unit features updated LVP flooring in both bedrooms, while the upper unit has carpeting in the bedrooms. An updated full bath and a laundry / utility room complete the interior of both units. Conveniently located just blocks away from shops and highway access. Don't miss this great investment opportunity!

4323 Marshall Avenue, Lorain

Listing Courtesy of: Terry Young, Terryyoung@theyoungteam.com With Keller Williams Greater Metropolitan

Selling Office: Russell Real Estate Services.

$130,000
7 Beds 4 Baths 5018350 MLS
Unique opportunity to own a quad! Recent improvements include 2 units - rehabbed on lower level to include: some new drywall, fresh paint throughout, some new floor coverings - LVP, lighting, some entry/interior doors. Common area paint/repairs. Some vinyl windows. Exterior sump pump; run off drain line. Unit 1 is leased at $800/month. 1 units down currently has an application on it. Another person has expressed interest in upstairs unit which is vacant that needs some cosmetics (Unit 2). Parking in rear - paved lot; dumpster/trash service. Some appliances stay. Section 8 applicants are feasible. Professional property mgmt in place. Side street location. Nearby local area amenities. Seller will do no more repairs regardless of any inspection results. As is/where-is condition sale. Cash or hard money/conventional acceptable. Share driveways. Buyers to perform own due diligence and verify all property data and condition. Multiple Offers Deadline Thursday 2-22-2024 3:00pm. Properties are available as a portfolio as well. Inquire with listing agent. MLS #5018959 ,#5018895,#5018881,#5018757,#5018618,#5018346,#5018706,#5018608,#5018353,#5018350,#5018743.

1205 W 44th Street, Lorain

Listing Courtesy of: Rebecca L Bauer, rbauer@realtywise.com With Realtywise, Inc.

Selling Office: RE/MAX Above & Beyond.

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