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!
Details
MLS #
5206039
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Year
1923
Days On Site
135
Listing Provided By
REAFCO | Blake Park
Features
Bed(s)
6
Bath(s)
4 Total
SQ Feet
3,346
Basement
Y
Story(s)
2
Building(s)
1
Acreage
0.10
Parking
Garage Yes / No
No
Parking Features
No Garage, On Street
Taxes
Tax Annual Amount
3954
Area Information
State
OH
County
Lorain
City
Lorain
Zip Code
44052
Community Name
Fair Home Allotment
Listing VS Median (in Fair Home Allotment)
Price: $205,000
low | high
Med: $127,500
87.80487804878% of Average
sqft: 3,346
low | high
Med: 2,069
88.164973102212% of Average
$ / sqft: $61
low | high
Med: $62
48.478689332348% of Average
On site: 135
low | high
Med: 75.5
100% of Average
Sourced by Back At You
Market Activity 44052
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Aug 2026
Sales: 4
Avg $ Per SqFt: $53.23
Min Sale Price: $60,000
Max Sale Price: $108,000
Med Sale Price: $88,000
Date: Jul 2026
Sales: 13
Avg $ Per SqFt: $113.18
Min Sale Price: $60,000
Max Sale Price: $221,500
Med Sale Price: $179,900
Date: Jun 2026
Sales: 24
Avg $ Per SqFt: $100.4
Min Sale Price: $62,000
Max Sale Price: $425,000
Med Sale Price: $154,000
Date: May 2026
Sales: 19
Avg $ Per SqFt: $116.91
Min Sale Price: $70,000
Max Sale Price: $630,000
Med Sale Price: $184,191
Date: Apr 2026
Sales: 20
Avg $ Per SqFt: $119.56
Min Sale Price: $40,000
Max Sale Price: $325,000
Med Sale Price: $180,000
Date: Mar 2026
Sales: 17
Avg $ Per SqFt: $102.75
Min Sale Price: $75,000
Max Sale Price: $245,000
Med Sale Price: $150,000
Date: Feb 2026
Sales: 15
Avg $ Per SqFt: $94.4
Min Sale Price: $55,000
Max Sale Price: $345,000
Med Sale Price: $159,000
Date: Jan 2026
Sales: 12
Avg $ Per SqFt: $93.75
Min Sale Price: $79,000
Max Sale Price: $240,000
Med Sale Price: $133,000
Date: Dec 2025
Sales: 10
Avg $ Per SqFt: $110.79
Min Sale Price: $31,000
Max Sale Price: $315,000
Med Sale Price: $164,000
Date: Nov 2025
Sales: 32
Avg $ Per SqFt: $96.3
Min Sale Price: $46,500
Max Sale Price: $675,000
Med Sale Price: $164,500
Date: Oct 2025
Sales: 38
Avg $ Per SqFt: $102.46
Min Sale Price: $10,000
Max Sale Price: $525,000
Med Sale Price: $150,650
Date: Sep 2025
Sales: 15
Avg $ Per SqFt: $93.79
Min Sale Price: $799
Max Sale Price: $299,900
Med Sale Price: $122,900
Sourced by Back At You
Aug 2026
Sales:
4
Avg $ Per SqFt:
$53.23
Min Sale Price:
$60,000
Max Sale Price:
$108,000
Med Sale Price:
$88,000
Jul 2026
Sales:
13
Avg $ Per SqFt:
$113.18
Min Sale Price:
$60,000
Max Sale Price:
$221,500
Med Sale Price:
$179,900
Jun 2026
Sales:
24
Avg $ Per SqFt:
$100.4
Min Sale Price:
$62,000
Max Sale Price:
$425,000
Med Sale Price:
$154,000
May 2026
Sales:
19
Avg $ Per SqFt:
$116.91
Min Sale Price:
$70,000
Max Sale Price:
$630,000
Med Sale Price:
$184,191
Apr 2026
Sales:
20
Avg $ Per SqFt:
$119.56
Min Sale Price:
$40,000
Max Sale Price:
$325,000
Med Sale Price:
$180,000
Mar 2026
Sales:
17
Avg $ Per SqFt:
$102.75
Min Sale Price:
$75,000
Max Sale Price:
$245,000
Med Sale Price:
$150,000
Feb 2026
Sales:
15
Avg $ Per SqFt:
$94.4
Min Sale Price:
$55,000
Max Sale Price:
$345,000
Med Sale Price:
$159,000
Jan 2026
Sales:
12
Avg $ Per SqFt:
$93.75
Min Sale Price:
$79,000
Max Sale Price:
$240,000
Med Sale Price:
$133,000
Dec 2025
Sales:
10
Avg $ Per SqFt:
$110.79
Min Sale Price:
$31,000
Max Sale Price:
$315,000
Med Sale Price:
$164,000
Nov 2025
Sales:
32
Avg $ Per SqFt:
$96.3
Min Sale Price:
$46,500
Max Sale Price:
$675,000
Med Sale Price:
$164,500
Oct 2025
Sales:
38
Avg $ Per SqFt:
$102.46
Min Sale Price:
$10,000
Max Sale Price:
$525,000
Med Sale Price:
$150,650
Sep 2025
Sales:
15
Avg $ Per SqFt:
$93.79
Min Sale Price:
$799
Max Sale Price:
$299,900
Med Sale Price:
$122,900
MLS Number: 5206039
Blake Park – (614) 762-9232 – blake@reafco.com
REAFCO – (614) 858-8856 – broker@reafco.com
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