Multi Family Investment Properties for Sale in Lorain, OH
Rental Income
Listed for sale 2 days ago
$ 220,000
ROI
29.0
Cash Flow/m
568- 6 Bed
- 4 Bath
- 2000 sft
761 Washington Ave, Lorain, OH, 44052
Rental Income
Listed for sale 2 days ago
$ 159,900
ROI
32.6Cash Flow/m
570- 4 Bed
- 2 Bath
- 2066 sft
1101 W 5th St, Lorain, OH, 44052
Currently Rented
Rental Income
Listed for sale 6 days ago
$ 280,000
ROI
22.0Cash Flow/m
173- 7 Bed
- 4 Bath
- - sft
1037 W 8th St, Lorain, OH, 44052
Currently Rented
$ 175,000
ROI
37.5Cash Flow/m
864- 4 Bed
- 4 Bath
- - sft
1926 Hancock St, Lorain, OH, 44052
Why Invest in Lorain, Ohio?
Lorain, OH offers strong potential for multi-family investments with affordable entry points and steady rental demand. Investors can benefit from cap rates around 8-10% and average rents supporting solid cash flows. Recent home price appreciation of 2% annually adds to long-term value. Proximity to Cleveland supports workforce housing needs in this revitalizing industrial hub. Renter-occupied units exceed 40%, ensuring reliable occupancy.
9.5%
Avg. ROI
8.2%
Rental Yield
9.1%
Cap Rate
$450/mo
Avg. Cash Flow
$950/mo
Avg. Rent
2.1%
1Y Appreciation
Frequently Asked Questions
Lorain offers affordable acquisition costs around $150k median with strong renter demand over 40%. Proximity to Cleveland jobs ensures stable occupancy. Cap rates of 9% provide attractive returns for cash flow investors.
Find Your Perfect Investment Property in Lorain, Ohio
Explore investment opportunities by strategy, performance, or property type
