818-824 S Central Drive
Lorain, OH 44052
9
Bed
4
Bath
3,624Sqft
0.33Acre(Lot)
Excellent investment opportunity featuring a fully occupied four-unit property in Lorain. This quadplex offers four separate units, providing diversified rental income and strong appeal for investors seeking to add an income-producing asset to their portfolio. The property is fully occupied, allowing a new owner to take over an established rental operation from day one. Conveniently located near shopping, dining, schools, parks, and major roadways, this property offers easy access throughout Lorain and surrounding communities.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 9Bathroom Information
Total Baths: 4 Full Baths: 4Room Information
Has Basement: Yes Basement: Full -
Roofing Information
Asphalt, Fiberglass -
Interior Features
Roof: Asphalt, Fiberglass -
Heating & Cooling
Has Heating: Yes Heating: Forced Air Cooling: None
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Building Information
Year Built: 1943 Construction Materials: Vinyl Siding Stories: 2 Private Pool: No
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Lot Information
Main Square Feet: 0.33 Acres Lot Size Acres: 0.33 Lot Size Source: AssessorProperty Information
Subdivision: Central Park Homes Source Property Type: Residential Income Property SubType: Quadruplex Levels: Two Property Age: 83
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Listing Price Information
Listing Price: $275000
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Tax Information
Parcel Number: 02-01-006-160-016 Tax Year: 2025 Annual Tax: $2971 Tax Legal Desc: CENTRAL PARK HOMES FRNT 101.09 X 130 LOT # 37
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Parking Information
Driveway, On Street
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Location Information
Direction: Take I-90 West from Downtown Cleveland toward Lorain. Continue toward S Central Drive and follow local roads to the property. 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 | -- | |
| 2514 Reid Avenue, Lorain, OH, 44052 | $169,000 | 5 | 2 | 1,952 | 1,952 SqFt |
| 448 Delaware Avenue, Lorain, OH, 44052 | $205,000 | 6 | 4 | 3,346 | 3,346 SqFt |
| 407 W 22nd Street, Lorain, OH, 44052 | $135,000 | 4 | 2 | -- | |
| 605 W 36th Street, Lorain, OH, 44052 | $225,000 | 4 | 2 | 1,736 | 1,736 SqFt |
| 508 W 23rd Street, Lorain, OH, 44052 | $155,000 | 4 | 2 | 2,274 | 2,274 SqFt |
| 700 W 17th Street, Lorain, OH, 44052 | $64,900 | 4 | 2 | 1,664 | 1,664 SqFt |
| 1404 Long Avenue, Lorain, OH, 44052 | $325,000 | 4 | 5 | -- | |
| 1347 Washington Avenue, Lorain, OH, 44052 | $165,000 | 4 | 2 | -- | |
| 1339 Washington Avenue, Lorain, OH, 44052 | $165,000 | 6 | 2 | -- |
Similar Multifamily To 818-824 S Central Drive
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 08/14/2026 @ 23:11
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