848-854 N Central Drive Lorain, OH $ 249,900
848-854 N Central Drive
$ 249,900
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848-854 N Central Drive

Lorain, OH, 44052
$ 249,900
Bedrooms8 Baths4.0 Sq 3,624

Monthly Estimate*

$ 1,726

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Multi-Family Home for sale in Lorain, OH

for $249,900 with 8 bedrooms and 4 full baths. This 3,624 square foot home was built in 1943 on a lot size of 0.3043.

An incredible investment opportunity awaits! Whether you're looking to expand your real estate portfolio, this is a well-maintained quadplex ready for it's next owner. With three of the four units currently occupied, this property provides an opportunity for immediate rental income, while the vacant fourth unit has already generated strong rental interest! The fourth unit has also been recently refreshed with new flooring, fresh paint, and a brand-new hot water tank, making it move-in ready for its next occupant or an owner-occupant. Each of the four spacious units features two bedrooms, one full bathroom, and its own dedicated laundry room an attractive convenience for tenants! Residents can also enjoy inviting front porch spaces, private rear deck entrances, and a generously sized parking lot. For the savvy investor, this is an opportunity to add a four-unit income-producing property to your portfolio. Don't miss your chance to make this quadplex your next smart investment! Schedule your private showing with your favorite agent today.

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Multi-Family Active

Price

$ 249,900

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 3,655

Style

Lot Size

0.3043

Year Built

1943

Town/City

Lorain

County/Region

Lorain

MLS | Web ID

5254283

Features
General
Sewer Public Sewer
Heating Forced Air Gas
Cooling Wall/Window Unit(s)
Possession Delivery Of Deed
Roof Asphalt Fiberglass
Appliances Range Refrigerator
Garage Spaces 0
Construction Materials Vinyl Siding
Year Built 1943
Stories Count 2
Township Lorain
Levels Two
Property Subtype Quadruplex
Tax Year 2025
County Lorain
Property Type Residential Income
Attached Garage false
Subdivision Name Central Park Homes
Garage Y/N false
Full Baths 4
Status Active
Directions From I-90 take the OH-57 North exit toward Lorain. Continue north on OH-57 turn left onto E 28th Street right onto Elyria Avenue left onto W 24th Street and right onto N Central Drive. The property at 548 N Central Drive will be on your left.
City Lorain
High School District Lorain CSD - 4709
Lot Size Units Acres
Carport Y/N false
Tax Annual Amount 3655.22
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 CENTRAL PK HOMES 99.75 X 140 LOT # 7
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Interior
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Above Grade Finished Area 3624
Half Baths 0
Laundry Features In Unit
Total Bedrooms 8
Main Level Bathrooms 0
Above Grade Finished Area Source Public Records
Total Baths 4
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Exterior
Parking Features Gravel Parking Lot
Water Source Public
Lot Size Area 0.3043
Number of Buildings 1
Lot Size Acres 0.3043
Lot Size Source Public Records
Waterfront Y/N false
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* Excluded Features
List By
Mathew P Chase

Listing Agent

Keller Williams Greater Metropolitan

Broker

matt@chasegrouprealestate.com

Email

Affordability Calculator

$2,031
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,726
Monthly Property Taxes
$305
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4458042 Elementary School
4458082 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/28/2026$249,900 Listed Price

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848-854 N Central Drive, Lorain, OH, 44052 is a Multi-Family Home for sale at $249,900 with 3,624 sqft and a lot size of 0.3043. 848-854 N Central Drive has 8 bedrooms, 4.0 baths, and was built in 1943. The property's zip code is 44052 which is in Lorain, OH