New Listing
$249,900
 $1,663 est/mo Sourced by Back At You

848-854 N Central Drive,Lorain, OH 44052

Lorain, OH 44052

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Description

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.

Details

MLS #5254283
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1943
Days On Site2
Listing Provided ByKeller Williams Greater Metropolitan | Mathew P Chase

Features

Bed(s)8
Bath(s) 4 Total
SQ Feet3,624
Story(s)2
Building(s)1
Acreage0.30

Parking

Garage Yes / NoNo
Parking FeaturesGravel, Parking Lot

Taxes

Tax Annual Amount3655.22

Area Information

StateOH
CountyLorain
CityLorain
Zip Code44052
Community NameCentral Park Homes
Listing VS Median (in Central Park Homes)
Price:
$249,900
low | high
Med:
$235,950
55.582232893157% of Average
sqft:
3,624
low | high
Med:
3,624
50% of Average
$ / sqft:
$69
low | high
Med:
$65
55.582232893157% of Average
On site:
2
low | high
Med:
47
4.255319148936% of Average
Sourced by Back At You

Market Activity 44052

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Learn More About This Property

StateOH
CountyLorain
CityLorain
Zip Code44052
Community NameCentral Park Homes
Listing VS Median (in Central Park Homes)
Price:
$249,900
low | high
Med:
$235,950
55.582232893157% of Average
sqft:
3,624
low | high
Med:
3,624
50% of Average
$ / sqft:
$69
low | high
Med:
$65
55.582232893157% of Average
On site:
2
low | high
Med:
47
4.255319148936% of Average
Sourced by Back At You
Listing Updated: October 28, 2026 at 11:19:58 AM PDT