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!
Active
Price cut: $5K (8/4)
$205,000
448 Delaware Ave, Lorain, OH 44052
6beds
3,346sqft
Quadruplex, Multi Family
Built in 1923
-- sqft lot
$-- Zestimate®
$61/sqft
$-- HOA
What's special
- 125 days
- 27
- 3
Zillow last checked:
Listing updated:
Listed by:
Blake Park 614-762-9232 blake@reafco.com,
REAFCO
Source: MLS Now,MLS#: 5206039
Originating MLS: Other/Unspecificed
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air, Gas
Cooling
- None
Appliances
- Laundry: None
Features
- Basement: Unfinished
Interior area
- Total structure area: 3,346
- Total interior livable area: 3,346 sqft
- Finished area above ground: 2,202
- Finished area below ground: 1,144
Video & virtual tour
Property
Parking
- Parking features: No Garage, On Street
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,356 Square Feet
Details
- Parcel number: 0201003110050
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Fair Home Allotment
Location
- Region: Lorain
Financial & listing details
- Price per square foot: $61/sqft
- Annual tax amount: $3,954
- Date on market: 5/1/2026
- Cumulative days on market: 83 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2026 | Price change | $205,000-2.4%$61/sqft |
Source: | ||
| 6/30/2026 | Listed for sale | $210,000$63/sqft |
Source: | ||
| 5/21/2026 | Pending sale | $210,000$63/sqft |
Source: | ||
| 5/1/2026 | Listed for sale | $210,000+23.5%$63/sqft |
Source: | ||
| 11/27/2023 | Sold | $170,000$51/sqft |
Source: | ||
| 10/25/2023 | Pending sale | $170,000$51/sqft |
Source: | ||
| 10/23/2023 | Listed for sale | $170,000+4.6%$51/sqft |
Source: | ||
| 4/14/2023 | Sold | $162,500+1.6%$49/sqft |
Source: | ||
| 3/8/2023 | Pending sale | $159,900$48/sqft |
Source: | ||
| 3/1/2023 | Listed for sale | $159,900$48/sqft |
Source: | ||
| 1/9/2023 | Pending sale | $159,900$48/sqft |
Source: | ||
| 1/2/2023 | Listed for sale | $159,900+281.6%$48/sqft |
Source: | ||
| 5/18/2018 | Listing removed | $41,900$13/sqft |
Source: Five Oaks Realty #3979721 Report a problem | ||
| 5/14/2018 | Pending sale | $41,900$13/sqft |
Source: Five Oaks Realty #3979721 Report a problem | ||
| 4/25/2018 | Price change | $41,900-4.6%$13/sqft |
Source: Five Oaks Realty #3979721 Report a problem | ||
| 4/11/2018 | Price change | $43,900-8.4%$13/sqft |
Source: Five Oaks Realty #3979721 Report a problem | ||
| 4/2/2018 | Price change | $47,900-7.7%$14/sqft |
Source: Five Oaks Realty #3979721 Report a problem | ||
| 3/12/2018 | Listed for sale | $51,900+108.4%$16/sqft |
Source: Five Oaks Realty #3979721 Report a problem | ||
| 3/7/2014 | Listing removed | $24,900$7/sqft |
Source: Howard Hanna - Amherst #3388408 Report a problem | ||
| 2/18/2014 | Price change | $24,900-16.7%$7/sqft |
Source: Howard Hanna - Amherst #3388408 Report a problem | ||
| 11/16/2013 | Price change | $29,900-9.1%$9/sqft |
Source: Howard Hanna - Amherst #3388408 Report a problem | ||
| 9/26/2013 | Price change | $32,900-15.6%$10/sqft |
Source: Howard Hanna - Amherst #3388408 Report a problem | ||
| 6/18/2013 | Price change | $39,000-29%$12/sqft |
Source: Howard Hanna - Amherst #3388408 Report a problem | ||
| 4/25/2013 | Price change | $54,900-8.3%$16/sqft |
Source: Howard Hanna - Amherst #3388408 Report a problem | ||
| 4/23/2013 | Listed for sale | $59,900$18/sqft |
Source: Howard Hanna - Amherst #3388408 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 44052
Nearby schools
Schools provided by the listing agent
- District: Lorain CSD - 4709
Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







