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448 Delaware Ave, Lorain, OH, 44052

6beds
4baths
3,346sqft
$210,000
$63price/sqft
$1,819/moest. monthly cost
$72,760/yrincome needed

About This Home

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!

Getting Around

53
WalkingSomewhat Walkable
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

3/10
4/10
Longfellow Middle SchoolGrades 6-80.7 mi
3/10
Lorain High SchoolGrades 9-122.0 mi

Construction

Condition

  • Year built: 1923

Materials

  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex,Multi Family

Interior

Appliances

  • Laundry features: None

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Finished area below ground: 1,144
  • Finished area above ground: 2,202

Heating & Cooling

  • Heating features: Forced Air,Gas
  • Cooling features: None

Interior Area

  • Total structure area: 3,346
  • Total interior livable area: 3,346 sqft

Property

Details

  • Parcel number: 0201003110050
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 4,356 sqft

Parking

  • Parking features: No Garage,On Street