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$105,000
2 Beds 1 Baths 5190270 MLS
Opportunity meets value in this updated 2-bedroom colonial located in Lorain! This move-in ready home offers 1,040 sq ft above grade plus a full basement, delivering both comfort and functionality at an affordable price point. Step inside to find fresh paint throughout and a bright, welcoming layout featuring a spacious living room, formal dining room, and an eat-in kitchen with newer cabinets and countertops that provide both style and practicality for everyday living. The second floor hosts two generously sized bedrooms and a full bath, creating a comfortable and efficient layout ideal for a variety of living situations. Major updates have already been completed, including a roof approximately 4 years old, windows just 3 years old, and a waterproofed basement with a new sump pump installed about 2 years ago—providing added confidence for the next owner. The full basement offers additional storage space and includes laundry, with washer and dryer staying, and the dryer currently electric but easily convertible to gas. Additional interior features include double-pane windows, ceiling fans, and forced air gas heating for year-round comfort. Outside, enjoy a covered front porch perfect for relaxing, along with a manageable yard and a storage shed for extra convenience. The lot offers a mix of open space and light landscaping, making maintenance simple while still allowing room to personalize. Located on a quiet street with sidewalks, street lights, and public utilities, this home is well-positioned near local amenities, shopping, and dining. With low annual taxes, this property presents an excellent opportunity for both owner-occupants and investors seeking a solid rental or portfolio addition. Whether you’re looking for an affordable place to call home or your next investment, this well-maintained and thoughtfully updated property is ready for its next chapter.

1023 W Washington Avenue, Lorain

$106,000
3 Beds 1 Baths 5205338 MLS
Stabilized rental with secured income at 627 W 24th St in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This occupied property generates $1,160 per month with a one-year lease in place through 6/12/26, providing dependable cash flow. The tenant is responsible for all utilities, helping to minimize operating expenses and support strong returns. The home features a functional layout with consistent rental appeal and is located in an area with steady demand. A reliable addition to a larger portfolio, this asset contributes stable income within a diversified, income-producing package. Multiple properties must be purchased.  Singular properties will not be considered.  Reach out to co-listing agent for details.

627 W 24th Street, Lorain

$106,000
4 Beds 2 Baths 5205433 MLS
Stabilized, income-producing asset at 827 W 21st St in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This occupied property generates $1,450 per month with a lease in place through 2/1/27, providing strong, predictable cash flow. The tenant is responsible for all utilities, helping to minimize operating expenses and enhance overall returns. The home features a functional layout with consistent rental demand in the area, supporting long-term occupancy. A dependable addition to a larger portfolio, this asset contributes stable income within a diversified, income-producing package. Multiple properties must be purchased.  Singular properties will not be considered.  Reach out to co-listing agent for details.

827 W 21st Street, Lorain

$106,000
2 Beds 1 Baths 5205434 MLS
Income-generating property with established tenancy 903 W 11th St in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This occupied property generates $1,250 per month with a lease in place through 4/9/27, providing strong, predictable cash flow. The tenant is responsible for all utilities, helping to minimize operating expenses and enhance overall returns. The home features a functional layout with consistent rental demand in the area, supporting long-term occupancy. A dependable addition to a larger portfolio, this asset contributes stable income within a diversified, income-producing package. Multiple properties must be purchased.  Singular properties will not be considered.  Reach out to co-listing agent for details.

903 W 11th Street, Lorain

$135,000
4 Beds 2 Baths 5205297 MLS
Value-add opportunity with immediate lease-up potential at 407 W 22nd St in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This two-unit property features one occupied unit generating $995 per month with a lease in place through 3/31/26, while the second unit is currently vacant, providing upside through stabilization. Utilities are structured with the tenant responsible for electric and the owner covering water, sewer, and trash. The property offers a functional layout with solid rental demand in the area, supporting continued occupancy. A strong addition to a larger portfolio, this asset combines in-place income with near-term growth potential. Multiple properties must be purchased.  Singular properties will not be considered.  Reach out to co-listing agent for details.

407 W 22nd Street, Lorain

$165,000
6 Beds 2 Baths 5205310 MLS
Performing rental property with consistent returns at 1339 Washington Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This fully occupied duplex produces strong, consistent cash flow with rents of $1,100 and $1,250 per month, both secured through leases expiring 3/31/27, providing long-term income stability. Tenants are responsible for all utilities, helping to minimize owner expenses and maximize returns. The property offers a functional layout with solid rental demand in the area, making it a dependable addition to a larger portfolio. Ideal for investors seeking stable, predictable income, this asset contributes to a well-performing, income-producing portfolio. Multiple properties must be purchased.  Singular properties will not be considered.  Reach out to co-listing agent for details.

1339 Washington Avenue, Lorain

$135,000
4 Beds 2 Baths 5205320 MLS
Partially leased property offering strong income growth potential at 1036 Oberlin Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This duplex-style property features one occupied unit generating $1,125 month-to-month, while the second unit is currently vacant, providing immediate upside through lease-up. Utilities are structured with the tenant paying electric and the owner responsible for water, sewer, and trash. The property offers a functional layout with solid rental demand in the area, making it well-suited for continued income production. Ideal for investors seeking to expand their portfolio with a value-add component, this asset contributes to a larger package with built-in cash flow and long-term growth potential. Multiple properties must be purchased.  Singular properties will not be considered.  Reach out to co-listing agent for details.

1036 Oberlin Avenue, Lorain

$675,000
5204706 MLS
This newly renovated 8 suite apartment building is fully occupied with an excellent rent roll, all at or near $850/month. Each unit is a 1 bed, 1 bath and all are quite spacious! Most units have had flooring, kitchen countertops and backsplash updates, some new cabinets, new baths and fresh paint. The roof was just replaced, as well. A huge money saver maintenance-wise, these units have electric heat in the ceilings, so no boilers or furnaces to worry about and there is 1 community washer/dryer that is coin operated, generating roughly $125/month. These apartment buildings are tucked in amongst other buildings like it and there is plenty of parking for tenants in the rear of the building. This building is a dream for a landlord and at a 8.5% cap rate, a great income earner.

1505 Herbert Drive, Lorain

$89,900
3 Beds 1 Baths 5202794 MLS
Welcome to this recently updated home in Lorain offering a simple, functional layout and key improvements already taken care of. With 3 bedrooms and 1 full bath, this property provides a solid option for buyers looking for an affordable move-in-ready space. The home has been renovated with updated finishes throughout, giving it a clean and refreshed feel. Major mechanical peace of mind comes with a new water tank, helping reduce immediate maintenance concerns for the next owner. Inside, you’ll find a practical floor plan with comfortable living areas and bedrooms that can easily adapt to your needs, whether that’s everyday living, a home office, or guest space. This property is a great fit for first-time buyers, downsizers, or investors looking for a straightforward opportunity with updates already completed. Conveniently located near local amenities, this home offers a balance of value and functionality without overcomplication.

2917 Apple Avenue, Lorain

$334,900
3 Beds 4 Baths 5201554 MLS
This gorgeous 3 bedroom 2 full, 2 half bath home built for first floor living is a must see! This home features an open floor plan with vaulted ceilings and a cozy fireplace. The kitchen is a dream with beautiful quartz countertops and a large island perfect for entertaining as well as a separate dining room. Dishwasher, stove, and microwave were all updated in 2025. This home provides a first floor master suite with a full bath and first floor laundry! There is a lovely 4 season room that is heated/cooled with a hot tub for extra relaxation. Upstairs has two more bedrooms and a full bath. The partially finished basement offers a half bath and extra living space as well as tons of storage and a newer hot water tank replaced in 2024. Enjoy relaxing on the front porch or back patio area ideal for warm weather entertaining. New roof was put on in 2023 with solar panels that save on your energy bill. Schedule your showing today to see this lovely home!

3307 Church Drive, Lorain

$425,000
5200241 MLS
Lorain sits on Lake Erie just 30 miles west of Cleveland, a commuter-accessible market where renters make up 45% of all households, county home values are up nearly 18% year-over-year, and a wave of economic activity including 1,800 new union jobs at Ford's Ohio Assembly Plant is tightening rental demand across the board. Against that backdrop, this fully occupied 10-unit building is a textbook buy-and-hold: all one-bedroom/one-bath units, many updates already complete, low property taxes, and a new silicone roof layer going on prior to closing. At $42,500 per door, the basis is hard to argue with. The rent roll sits at $6,225/month ($74,700 GSI) with current rents ranging $500-$675, meaningfully below a market where the dominant rental price band runs $700-$850. That gap represents $100-$200/unit of achievable upside on renewals with minimal to no upgrades. A coin-operated laundry room and unused storage area add additional income potential on top. The owner covers water, sewer, and gas via the on-site boiler, all reflected in the expense model. At $425K, the deal underwrites to an 8.54% cap rate, 1.40x DSCR, and $871/month net cash flow against a conservative 5% vacancy assumption. As rents roll to market, the 5-year model shows cash-on-cash climbing from 9.46% toward 14.5% with cumulative cash flow exceeding $66,000 over that window. Fully occupied, freshly roofed, clear value-add runway. This is Lorain at its most investable.

1888 E 28th Street, Lorain

$345,000
3 Beds 3 Baths 5199101 MLS
Beautifully updated Colonial with tasteful custom finishes throughout. The kitchen features white cabinetry, granite countertops, a large pantry, and stainless steel appliances including the refrigerator, stove, dishwasher, and microwave. Light-toned flooring and soft neutral walls create a bright, inviting flow across the main level. The spacious family room offers a cozy fireplace, perfect for relaxing or entertaining. A versatile flex room off the foyer is currently used as an office but can easily function as a sitting room or additional living space. Upstairs you'll find a generous primary suite with a private full bath, along with two additional bedrooms and another full bath. The finished basement is currently set up as a dedicated movie room, ideal for family movie nights, or it can be customized to suit your needs. While sitting on the back patio, enjoy the serene views of the man-made lake and the beauty of all the nature it brings. Perfect for quite evenings or entertaining family and friends. Make your appointment today.

3523 Magnolia Drive, Lorain

$135,000
2 Beds 2 Baths 5197478 MLS
Welcome to Lake Erie living in this beautifully new construction, custom-designed condo! This open-concept 2-story home features 2 bedrooms and 1.5 baths, including a full bath with a tiled walk-in shower and a convenient half bath on the main floor. Thoughtfully designed throughout with today’s modern touches. The kitchen is a standout, featuring all brand-new stainless steel appliances, a deep stainless steel sink, and soft-close cabinetry—blending style and functionality perfectly! Enjoy peace of mind with all new mechanicals, including the hvac and hot water tank. Step outside to your soon-to-be-completed private outdoor space, featuring a brand-new concrete patio and privacy fencing—perfect for relaxing or entertaining. This condo is perfectly suited for anyone looking for a home that combines comfort, style, and an unbeatable Lake Erie location—all at an affordable price! Spring into action and schedule your personal tour before it hops off the market!

3960 W Erie Avenue Unit 9, Lorain

$590,000
3 Beds 4 Baths 5188485 MLS
Welcome to Harborwalk. Lorain's Premier Waterfront Community! This brand-new, never-lived-in townhome offers 3 bedrooms, 2 full bathrooms, and 2 half bathrooms. The bright, open-concept main level features durable vinyl flooring throughout and a modern kitchen with quartz countertops, microwave, and dishwasher, all flowing seamlessly into the spacious living and dining areas filled with natural light. Upstairs, the primary suite includes a generous ensuite with a walk-in shower. Two additional bedrooms and a full three-piece bath complete the second level. Continue to the third floor to find a bonus living area with a wet bar, an ideal spot for entertaining or unwinding. Step out onto your private third-floor deck overlooking the river, offering front-row views of summer concerts and year-round events at Black River Landing. All of this is just steps from the Black River, Spitzer and Alliance Marinas, Lake Erie's scenic mile-long pier, and the vibrant Broadway District with restaurants, coffee shops, and the popular Lorain Brewing Company. The community includes a pool and fitness center. The recently remodeled party center can also be rented for a fee. Waterfront living at its finest! Don't miss this incredible opportunity!

457 Harbor Lane, Lorain

$555,000
3 Beds 4 Baths 5188492 MLS
Welcome to Harborwalk. Lorain's Premier Waterfront Community! This brand-new, never-lived-in townhome offers 3 bedrooms, 2 full bathrooms, and 2 half bathrooms. The bright, open-concept main level features durable vinyl flooring throughout and a modern kitchen with quartz countertops, microwave, and dishwasher, all flowing seamlessly into the spacious living and dining areas filled with natural light. Upstairs, the primary suite includes a generous ensuite with a walk-in shower. Two additional bedrooms and a full three-piece bath complete the second level. Continue to the third floor to find a bonus living area with a wet bar, an ideal spot for entertaining or unwinding. Step out onto your private third-floor deck overlooking the river, offering front-row views of summer concerts and year-round events at Black River Landing. All of this is just steps from the Black River, Spitzer and Alliance Marinas, Lake Erie's scenic mile-long pier, and the vibrant Broadway District with restaurants, coffee shops, and the popular Lorain Brewing Company. The community includes a pool and fitness center. The recently remodeled party center can also be rented for a fee. Waterfront living at its finest! Don't miss this incredible opportunity!

453 Harbor Lane, Lorain

$590,000
3 Beds 4 Baths 5188473 MLS
Welcome to Harborwalk. Lorain's Premier Waterfront Community! This brand-new, never-lived-in townhome offers 3 bedrooms, 2 full bathrooms, and 2 half bathrooms. The bright, open-concept main level features durable vinyl flooring throughout and a modern kitchen with quartz countertops, microwave, and dishwasher, all flowing seamlessly into the spacious living and dining areas filled with natural light. Upstairs, the primary suite includes a generous ensuite with a walk-in shower. Two additional bedrooms and a full three-piece bath complete the second level. Continue to the third floor to find a bonus living area with a wet bar, an ideal spot for entertaining or unwinding. Step out onto your private third-floor deck overlooking the river, offering front-row views of summer concerts and year-round events at Black River Landing. All of this is just steps from the Black River, Spitzer and Alliance Marinas, Lake Erie's scenic mile-long pier, and the vibrant Broadway District with restaurants, coffee shops, and the popular Lorain Brewing Company. The community includes a pool and fitness center. The recently remodeled party center can also be rented for a fee. Waterfront living at its finest! Don't miss this incredible opportunity!

461 Harbor Lane, Lorain

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