448 Delaware Avenue
Lorain, OH 44052
6
Bed
4
Bath
3,346Sqft
0.10Acre(Lot)
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!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 6Bathroom Information
Total Baths: 4 Full Baths: 4Room Information
Rooms Total: 14 Has Basement: Yes Basement: Unfinished -
Roofing Information
Shingle -
Interior Features
Roof: Shingle Laundry Features: None -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Forced Air Cooling: None
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Building Information
Year Built: 1923 Construction Materials: Vinyl Siding Stories: 2 Private Pool: No
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Lot Information
Main Square Feet: 0.1 Acres Lot Size Acres: 0.1 Lot Size Source: AssessorProperty Information
Subdivision: Fair Home Allotment Source Property Type: Residential Income Property SubType: Quadruplex Levels: Two Property Age: 103
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Listing Price Information
Listing Price: $205000 Original Price: $210000
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Tax Information
Parcel Number: 02-01-003-110-050 Tax Year: 2024 Annual Tax: $3954 Tax Legal Desc: FAIRHOME 37.50 X 110.00
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Parking Information
No Garage, On Street
-
Location Information
Direction: between E St and F St WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1839 Randall Street, Lorain, OH, 44052 | $190,000 | 6 | 4 | -- | 0.21 Acre |
| 407 W 22nd Street, Lorain, OH, 44052 | $128,750 | 4 | 2 | -- | 0.17 Acre |
| 605 W 36th Street, Lorain, OH, 44052 | $225,000 | 4 | 2 | 1,736 | 0.25 Acre |
| 1813 Lexington Avenue, Lorain, OH, 44052 | $94,500 | 7 | 2 | 3,225 | 0.17 Acre |
| 508 W 23rd Street, Lorain, OH, 44052 | $155,000 | 4 | 2 | 2,274 | 0.17 Acre |
| 818-824 S Central Drive, Lorain, OH, 44052 | $275,000 | 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 |
| 1339 Washington Avenue, Lorain, OH, 44052 | $158,750 | 6 | 2 | -- | 0.09 Acre |
Similar Multifamily To 448 Delaware Avenue
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 09/07/2026 @ 18:54
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