448 Delaware Avenue, Lorain, OH 44052

Lorain
Local realty services provided by:ERA Real Solutions Realty
448 Delaware Avenue,Lorain, OH 44052
$205,000
Virtual Tour
  • 6 Beds
  • 4 Baths
  • 3,346 sq. ft.
  • Multi-family
  • Active
Listed by: blake park
Office: reafco
MLS#:5206039
Source:OH_NORMLS

Price summary

  • Price:$205,000
  • Price per sq. ft.:$61.27

About this home

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!

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Home facts

  • Year built:1923
  • Subdivision & Development:Fair Home Allotment
  • Listing ID #:5206039
  • Added:105 day(s) ago
  • Updated:August 15, 2026 at 02:28 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:14
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:3,346 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Shingle
  • Year built:1923
  • Building area:3,346 sq. ft.
  • Lot area:0.1 Acres
  • Construction Materials:Vinyl Siding
  • Levels:2 Stories, 2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$205,000
  • Price per sq. ft.:$61.27
  • Tax amount:$3,954 (2024)
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