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818-824 S Central Drive Lorain, OH $ 275,000
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$ 275,000 Get more info
818-824 S Central Drive
$ 275,000
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818-824 S Central Drive

Lorain, OH, 44052
$ 275,000
Bedrooms9 Baths4.0 Sq 3,624

Monthly Estimate*

$ 1,736

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Multi-Family Home for sale in Lorain, OH

for $275,000 with 9 bedrooms and 4 full baths. This 3,624 square foot home was built in 1943 on a lot size of 0.33.

Excellent investment opportunity featuring a fully occupied four-unit property in Lorain. This quadplex offers four separate units, providing diversified rental income and strong appeal for investors seeking to add an income-producing asset to their portfolio. The property is fully occupied, allowing a new owner to take over an established rental operation from day one. Conveniently located near shopping, dining, schools, parks, and major roadways, this property offers easy access throughout Lorain and surrounding communities.

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Multi-Family Active

Price

$ 275,000

Bedrooms

9

Full Bath

4

Property Type

Multi-Family

Taxes

$ 2,971

Style

Lot Size

0.33

Year Built

1943

Town/City

Lorain

County/Region

Lorain

MLS | Web ID

5231802
Features
General
Sewer Public Sewer
Heating Forced Air
Cooling None
Possession Delivery Of Deed
Roof Asphalt Fiberglass
Construction Materials Vinyl Siding
Year Built 1943
Tenant Pays Electricity Gas
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 Take I-90 West from Downtown Cleveland toward Lorain. Continue toward S Central Drive and follow local roads to the property.
City Lorain
High School District Lorain CSD - 4709
Lot Size Units Acres
Carport Y/N false
Tax Annual Amount 2971
Home Warranty Y/N false
Property Condition Updated/Remodeled
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 PARK HOMES FRNT 101.09 X 130 LOT # 37
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Interior
Basement Full
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Above Grade Finished Area 3624
Half Baths 0
Total Bedrooms 9
Main Level Bathrooms 0
Above Grade Finished Area Source Assessor
Total Baths 4
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Exterior
Parking Features Driveway On Street
Water Source Public
Lot Size Area 0.33
Number of Buildings 1
Lot Size Acres 0.33
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded Features
List By
Darren T Mancuso

Listing Agent

Exp Realty, Llc.

Broker

darren@mancusohomes.com

Email

Affordability Calculator

$1,984
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,736
Monthly Property Taxes
$248
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/30/2026$275,000 Listed Price

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818-824 S Central Drive, Lorain, OH, 44052 is a Multi-Family Home for sale at $275,000 with 3,624 sqft and a lot size of 0.33. 818-824 S Central Drive has 9 bedrooms, 4.0 baths, and was built in 1943. The property's zip code is 44052 which is in Lorain, OH

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