448 Delaware Avenue Lorain, OH ^$ 210,000

448 Delaware Avenue

^$ 210,000

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Recently Listed

448 Delaware Avenue

Lorain, OH, 44052

^$ 210,000

Bedrooms6 Baths4.0 Sq 2,202

Monthly Estimate*

^$ 1,293

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Multi-Family Home for sale in Lorain, OH

for $210,000 with 6 bedrooms and 4 full baths. This 2,202 square foot home was built in 1923 on a lot size of 0.1.

Investment Opportunity in Lorain! This 4-unit property features a mix of 2 bed / 1 bath and 1 bed / 1 bath units, all currently leased on month-to-month terms, providing immediate income and flexibility. Rents range from $525–$750/month, offering strong upside potential for increased cash flow. Conveniently located near shopping, dining, parks, and major roadways. A great addition to any investment portfolio!

Multi-Family Active

Price

^$ 210,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,954

Style

Lot Size

0.1

Year Built

1923

Town/City

Lorain

County/Region

Lorain

MLS | Web ID

5206039

Features

General

Sewer Public Sewer

Heating Forced Air Gas

Cooling None

Possession Delivery Of Deed

Roof Shingle

Construction Materials Vinyl Siding

Year Built 1923

Stories Count 2

Township Lorain

Levels Two

Property Subtype Quadruplex

Tax Year 2024

County Lorain

Property Type Residential Income

Attached Garage false

Subdivision Name Fair Home Allotment

Garage Y/N false

Total Rooms 14

Full Baths 4

Status Active

Directions between E St and F St

City Lorain

High School District Lorain CSD - 4709

Lot Size Units Acres

Carport Y/N false

Tax Annual Amount 3954

Home Warranty Y/N false

Living Area Units Square Feet

Standard Status Active

Middle/Junior School District Lorain CSD - 4709

Elementary School District Lorain CSD - 4709

Year Built Source Public Records

Property Sub Type Additional Quadruplex

Legal Description FAIRHOME 37.50 X 110.00

Interior

Basement Unfinished

Total Stories 2

Basement (Y/N) true

Air Conditioning Y/N false

Heating Y/N true

Above Grade Finished Area 2202

Half Baths 0

Laundry Features None

Total Bedrooms 6

Below Grade Finished Area 1144

Main Level Bathrooms 0

Below Grade Finished Area Source Assessor

Above Grade Finished Area Source Assessor

Total Baths 4

Exterior

Parking Features No Garage On Street

Water Source Public

Lot Size Area 0.1

Number of Buildings 1

Lot Size Acres 0.1

Lot Size Source Assessor

Waterfront Y/N false

* Excluded Features

List By

Blake Park

Listing Agent

Reafco

Broker

blake@reafco.com

Affordability Calculator

$1,623

Per Month

Monthly Principal & Interest: $1,293
Monthly Property Taxes: $330
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Lorain, OH

Average List Price ^$179,020

Percent of Sale Price 15%

About Lorain, OH

62,881 Population

-9% Since 2002

^$36,696 Median Income

38.01 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4458042 Elementary School

4458082 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/1/2026	$210,000		Listed Price

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448 Delaware Avenue, Lorain, OH, 44052 is a Multi-Family Home for sale at $210,000 with 2,202 sqft and a lot size of 0.1. 448 Delaware Avenue has 6 bedrooms, 4.0 baths, and was built in 1923. The property's zip code is 44052 which is in Lorain, OH

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the YES MLS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the YES MLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/3/2026.

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448 Delaware Avenue

Multi-Family Home for sale in Lorain, OH

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