Property Description

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.

818-824 S Central Drive | MLS# 5231802

This multi-family property located at 818-824 S Central Drive , Lorain, OH 44052 is currently listed for sale with an asking price of $275,000. 818-824 S Central Drive is located within the Lorain City school district. Search Lorain real estate on www.meyeranddial.com today.

Property Features

Property Type: Multi Unit - Multiple

Basement: Yes

Basement: Full

Cooling: None

Heating: Forced Air

Lot Size: 0.33 Acres

Roof Type: Asphalt, Fiberglass

Stories: 2.0

Taxes: $2,971 / year

Year Built: 1943

Feature Descriptions

Exterior: Vinyl Siding

Parcel#: 02-01-006-160-016

Parking: Driveway, On Street

Sewer: Public Sewer

Water: Public

Local Schools

School District: Lorain City

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Estimated Payment

$ 1,736.48 per month $1,408.68 Principal & Interest $247.58 Property Tax $80.21 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/30/2026. The listing information on this page last changed on 07/30/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 07/30/2026 4:00:03 PM EST) or Dayton MLS (last updated Thu 07/30/2026 3:57:34 PM EST) or CBRMLS (last updated Thu 07/30/2026 3:56:10 PM EST) or Multiple Listing Service of Greater Cincinnati (last updated Thu 07/30/2026 3:57:56 PM EST) or NKY MLS (last updated Thu 07/30/2026 3:54:14 PM EST) or Wrist MLS (last updated Thu 07/30/2026 3:54:53 PM EST) or Firelands MLS (last updated Thu 07/30/2026 3:12:50 PM EST) or MLS NOW (last updated Thu 07/30/2026 3:58:29 PM EST). Real estate listings held by brokerage firms other than Cutler Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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818-824 S Central Drive Lorain, OH 44052

TOUR THIS HOME

Property Description

818-824 S Central Drive | MLS# 5231802

Property Features

Feature Descriptions

Local Schools

Estimate Your Payment

Change Payment Information

818-824 S Central Drive Lorain, OH 44052

TOUR THIS HOME

Property Description

818-824 S Central Drive | MLS# 5231802

Property Features

Feature Descriptions

Local Schools

Estimate Your Payment

Change Payment Information

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