1037 W 8th Street
Lorain, OH 44052
7
Bed
4
Bath
0.16Acre(Lot)
Excellent opportunity to add a fully occupied 4-unit property with large detached outbuilding/garage to your investment portfolio producing $3200 per month in rent! Located at 1037 W 8th St in Lorain, this property is within walking distance of Downtown Lorain, offering convenient access to restaurants, entertainment, the waterfront, Black River Landing, and all that the revitalized downtown district has to offer. All four units are currently occupied with month-to-month tenants, providing immediate rental income along with flexibility for a new owner. Current monthly rents are $700, $700, $700, and $1,100, for a total gross monthly rental income of $3,200. The property has benefited from several important updates, including a roof approximately 5 years old, furnaces approximately 8 years
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 7Bathroom Information
Total Baths: 4 Full Baths: 4Room Information
Rooms Total: 16 Has Basement: Yes Basement: Full -
Roofing Information
Asphalt, Fiberglass -
Interior Features
Roof: Asphalt, Fiberglass Laundry Features: Common Area, In Unit -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air
-
Building Information
Year Built: 1904 Construction Materials: Vinyl Siding Stories: 2 Private Pool: No
-
Lot Information
Main Square Feet: 0.16 Acres Lot Size Acres: 0.16 Lot Size Source: Public Records
-
Listing Price Information
Listing Price: $280000 Cash, Conventional, FHA, VA Loan
-
Tax Information
Parcel Number: 02-01-006-115-021 Tax Year: 2025 Annual Tax: $2427
-
Parking Information
Detached, Garage, Paved, Shared DrivewayGarage Information
Has Garage: Yes Garage Space: 2
-
Location Information
Direction: From Rte 6 to Washington to West 8th St. WaterSource: Public
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1926 Hancock Street, Lorain, OH, 44052 | $175,000 | 4 | 4 | -- | 0.30 Acre |
| 1839 Randall Street, Lorain, OH, 44052 | $190,000 | 6 | 4 | -- | 0.21 Acre |
| 2514 Reid Avenue, Lorain, OH, 44052 | $164,000 | 5 | 2 | 1,952 | 0.14 Acre |
| 407 W 22nd Street, Lorain, OH, 44052 | $128,750 | 4 | 2 | -- | 0.17 Acre |
| 605 W 36th Street, Lorain, OH, 44052 | $210,000 | 4 | 2 | 1,736 | 0.25 Acre |
| 1813 Lexington Avenue, Lorain, OH, 44052 | $94,500 | 7 | 2 | 3,225 | 0.17 Acre |
| 818-824 S Central Drive, Lorain, OH, 44052 | $249,900 | 9 | 4 | 3,624 | 0.33 Acre |
| 700 W 17th Street, Lorain, OH, 44052 | $64,900 | 4 | 2 | 1,664 | 0.11 Acre |
| 1404 Long Avenue, Lorain, OH, 44052 | $325,000 | 4 | 5 | -- | 0.07 Acre |
| 1347 Washington Avenue, Lorain, OH, 44052 | $158,750 | 4 | 2 | -- | 0.09 Acre |
Similar Multifamily To 1037 W 8th Street
Nearby For Sale
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed.
ByOwner last updated this listing 09/30/2026 @ 14:29
More Cities with for Sale by Owner Homes
- Lorain Homes For Sale By Owner
- Sheffield Lake Homes For Sale By Owner
- Elyria Homes For Sale By Owner
- Amherst Homes For Sale By Owner
- Avon Homes For Sale By Owner
- Avon Lake Homes For Sale By Owner
- North Ridgeville Homes For Sale By Owner
- Vermilion Homes For Sale By Owner
- Oberlin Homes For Sale By Owner
- Westlake Homes For Sale By Owner
- Bay Village Homes For Sale By Owner
- North Olmsted Homes For Sale By Owner
- Olmsted Falls Homes For Sale By Owner
- Grafton Homes For Sale By Owner
- Lagrange Homes For Sale By Owner
- Columbia Station Homes For Sale By Owner
- Rocky River Homes For Sale By Owner
- Berea Homes For Sale By Owner
- Brook Park Homes For Sale By Owner
- Berlin Heights Homes For Sale By Owner
Homes around $280,000
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.
Verify Your Phone Number
Please enter the 6-digit verification code
sent to your mobile phone.