$249,900 Active
848-854 N Central DriveLorain, OH 44052
8 bd · 4 ba · 3,624 sq ft
Listed by Mathew P Chase, Keller Williams Greater Metropolitan · matt@chasegrouprealestate.com, 440-452-2000Advertised by Parkview Realty Group LTD
About this home
An incredible investment opportunity awaits! Whether you're looking to expand your real estate portfolio, this is a well-maintained quadplex ready for it's next owner. With three of the four units currently occupied, this property provides an opportunity for immediate rental income, while the vacant fourth unit has already generated strong rental interest! The fourth unit has also been recently refreshed with new flooring, fresh paint, and a brand-new hot water tank, making it move-in ready for its next occupant or an owner-occupant. Each of the four spacious units features two bedrooms, one full bathroom, and its own dedicated laundry room an attractive convenience for tenants! Residents can also enjoy inviting front porch spaces, private rear deck entrances, and a generously sized parking lot. For the savvy investor, this is an opportunity to add a four-unit income-producing property to your portfolio. Don't miss your chance to make this quadplex your next smart investment! Schedule your private showing with your favorite agent today.
Details
| Status | Active |
|---|---|
| Type | Multi-Family |
| Style | Quadruplex |
| Year built | 1943 |
| Lot size | 0.3043 acres |
| County | Lorain |
| Annual taxes | $3,655 |
| MLS # | 5254283 |
| Listed | Oct 28, 2026 |
| Listing last updated | Oct 28, 2026, 12:08 PM ET |
Mortgage calculator
Estimated monthly payment: $1,789.34
| Principal & interest | $1,359.74 |
|---|---|
| Mortgage insurance | $0.00 |
| Property taxes | $304.60 |
| Homeowners insurance | $125.00 |
| HOA | $0.00 |
| Total per month | $1,789.34 |
Down payment $49,980.00 (20%) · Loan amount $199,920.00 at 7.22% for 30 years.
Estimate only. Not a loan offer or a closing statement. Your actual payment depends on your lender, credit, taxes and insurance. Talk to a licensed loan officer.
Estimate your cash to close (Buyer net sheet)
Schedule a showing with Clara Brooks
Listed by Mathew P Chase, Keller Williams Greater Metropolitan · matt@chasegrouprealestate.com, 440-452-2000Advertised by Parkview Realty Group LTD
Listed Oct 28, 2026. Listing information last updated Oct 28, 2026, 12:08 PM ET. Report a listing error
Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchase or lease. Data is deemed reliable but not guaranteed. Properties may no longer be available.
Listing data from MLS Now, last updated Oct 29, 2026, 9:58 PM ET.