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Key Details
Sold Price $198,000
Property Type Single Family Home
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Black River 02
MLS Listing ID 5182764
Sold Date 02/27/26
Bedrooms 7
Full Baths 4
HOA Y/N No
Year Built 1963
Annual Tax Amount $2,337
Tax Year 2025
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Quadruplex
Property Description
Well-maintained quadruplex offering a strong investment opportunity in Lorain. The property features three 2-bedroom units, all currently occupied on month-to-month leases, providing flexibility for future rent adjustments or lease terms. The fourth unit is a vacant, updated 1-bedroom, allowing for immediate leasing or potential owner-occupancy. This property offers a desirable unit mix with existing rental income and additional upside through the vacant unit. Conveniently located near schools, shopping, and major routes. Ideal for investors seeking a manageable multi-family property with income in place and room to add value.
Location
State OH
County Lorain
Interior
Heating Baseboard, Electric
Cooling None
Fireplace No
Exterior
Parking Features Parking Lot
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Garage false
Private Pool No
Building
Entry Level Two,One
Sewer Public Sewer
Water Public
Level or Stories Two, One
Schools
School District Lorain Csd - 4709
Others
Tax ID 02-02-006-115-015
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Tammy Smith • Russell Real Estate Services
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