818-824 S Central Drive

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Address: 818 S Central Dr, Lorain, OH 44052, USA
Chicago & Midwest + Apartment Buildings
Created date: August 6, 2026
Date last updated: October 2, 2026
Price: $222,000Investment Analyzer NEW!

Property Description

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.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $222,000
Year Built: 1943
Lot Size: 3,624.00 Sq ft
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 9
Number of Bathrooms: 4
Address: 818-824 S Central Drive, Lorain, OH 44052, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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