Chamberlain Homes for Sale - Lorain, Ohio

County records classify the property as a duplex. Currently being utilized as a single family home, this property offers flexibility for investors or future owner-occupants. Currently occupied by a long-term tenant, providing immediate rental income. Tenant pays all utilities. Full basement, attic, detached garage, corner lot, and convenient location near schools, shopping, downtown Lorain, Lakeview Park, Black River Landing, and major highways. Opportunity for future value enhancement and rental upside.

700 W 17th Street, Lorain

Listing Courtesy of: Traci Kogut, tkogut@century21deanna.com With Century 21 DeAnna Realty

$169,900

5219859 MLS

Great Opportunity in Historic Downtown Lorain! Own a commercial building in the heart of historic downtown Lorain and bring your business vision to life. This inviting property features a welcoming foyer entrance and a freshly painted interior. The horseshoe bar serves as the centerpiece of the space, creating a warm and memorable atmosphere for guests. The kitchen is ready for improvements and customization, offering the perfect opportunity to create your own culinary experience. Additional features include two restrooms and a spacious rear patio area, ideal for entertaining, outdoor dining, or relaxing on warm summer evenings. Conveniently located within walking distance of the Black River, Lake Erie, churches, schools, restaurants, shopping, and other local attractions. Whether you're dreaming of opening a restaurant, pub, event venue, or another unique business, this property offers endless potential. Now is the time to make your dreams a reality in downtown Lorain!

939 Broadway, Lorain

Listing Courtesy of: Andrea Neal, 4nealdeals@gmail.com With Russell Real Estate Services

$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

Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services

$165,000

4 Beds ⋅ 2 Baths ⋅ 5205321 MLS

Established rental property with ongoing income at 1347 Washington Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. Both units are currently occupied, with one renting for $1,199 on a month-to-month lease and the second generating $1,100 with a lease in place through 5/31/26, providing immediate cash flow. Utilities are structured with tenants responsible for electric and gas, while the owner covers water, sewer, and trash. The property features a functional layout with consistent rental demand in the area, supporting strong occupancy. A solid addition to a larger portfolio, this asset contributes reliable income within a diversified, income-producing package.

1347 Washington Avenue, Lorain

Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services

$210,000

5 Beds ⋅ 3 Baths ⋅ 5171576 MLS

Discover this beautifully updated triplex in the heart of Lorain — a standout opportunity for both house hackers and investors. Located at 316 W 10th St, the property features two spacious 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. The 1-bedroom unit is currently rented, while the two larger units are vacant and move-in ready, giving a new owner the flexibility to place tenants immediately or occupy a unit themselves. When fully stabilized, projected gross rents total approximately $2,700 per month - based on an evaluation of comparable rents in the area - offering an attractive estimated 9.9% cap rate. This triplex has undergone extensive updates, including nearly all new windows (2025), a roof replaced around 2021, fresh interior and exterior paint, new vinyl siding (2025), and new flooring throughout. The bathrooms have been updated with tubs, toilets, vanities, and the exterior features fresh landscaping for added curb appeal. Additionally, the property includes new furnaces (2022) and hot water tanks (2023), ensuring low-maintenance ownership for years to come. Additionally, extra paint and flooring are being left on-site for the new owner in case future repairs or touch-ups are needed. The owner currently covers water and sewer, while tenants handle the remaining utilities. With significant improvements already completed and strong income potential once fully rented, 316 W 10th St is a rare opportunity at this price point. It’s an ideal choice for investors seeking reliable cash flow or buyers looking to live in one unit while generating income from the rest.

316 W 10th Street, Lorain

Listing Courtesy of: Christina L Coughlin, christinacoughlin1983@gmail.com With Russell Real Estate Services

Selling Office: Russell Real Estate Services.

$249,900

5159089 MLS

Three Full Floors of versatile space – ideal for retail, office, restaurant, studio, or residential conversion Located in the vibrant, up-and-coming Historic District of Lorain, just steps from Lake Erie and the Black River, Charming architectural details with historic brickwork, high ceilings, and large windows Street-level retail space ready for business. Upper floors perfect for offices, loft apartments, or boutique accommodations, Basement with additional storage or utility space...This commercial property offers three levels of investment options, private main ceramic foyer entrance, retractable door leads to a spacious ceramic tiled floor, access to open floor plan, large granite bar area, two ADA bathrooms, partially completed kitchen, access to rear of building, second level offers spectaculars views from the second story custom double door and balcony that faces Broadway Ave., seating area, large framed bar, potential restrooms, access to rear roof, third level is ready for your finishing touches, lots of character and so much more. Don't miss out on this amazing opportunity to own a unique historical commercial building in beautiful downtown Lorain, conveniently located close to Lake Erie, Black River Landing, Palace Theater, shopping, schools, churches, etc. Call today for a private tour!

822 Broadway, Lorain

Listing Courtesy of: Andrea Neal, 4nealdeals@gmail.com With Russell Real Estate Services

$109,000

4 Beds ⋅ 2 Baths ⋅ 5153563 MLS

Prepared to be moved! Excellent opportunity to own a functional and versatile duplex in the community of Lorain. Located at 321 West 8th Street, this two-story property features two separate units, each offering 961 square feet of well-laid-out living space. Both units include 2 bedrooms and 1 full bathroom remodeled in 2022, with efficient floorplans ideal for long-term tenants. The first-floor unit offers added appeal with a covered front porch, spacious living room, dining area, and kitchen, providing a traditional layout with room to personalize. The second-floor unit mirrors the same functionality, featuring its own living room, dining area, and kitchen. This property delivers separate entrances and excellent potential for rental income. Whether you're looking to expand your portfolio or live in one unit while leasing the other, this is a practical investment with room to grow. Conveniently located near downtown Lorain, shopping, schools, and Lake Erie.

321 W 8th Street, Lorain

Listing Courtesy of: Ed Huck, teaminfo@edhuckteam.com With Keller Williams Citywide

Selling Office: Coldwell Banker Schmidt Realty.

$85,000

3 Beds ⋅ 2 Baths ⋅ 5122418 MLS

Large Colonial, With Lots Of Space! Was Double, Converted Back To Single Family Home. Long Term Tenants on Month to Month Basis and Would Like to Stay. Three Nice Sized Bedrooms with Additional Flex Space on Second floor. New Kitchen Cabinets, Counter Tops, Light Fixtures and Vinyl Plank Flooring / Paint Throughout. Covered Front Porch.

Lorain

Listing Courtesy of: Lisa Kassouf, lisakassoufrealtor@gmail.com With Russell Real Estate Services

Selling Office: Keller Williams Greater Metropolitan.

$40,000

7 Beds ⋅ 2 Baths ⋅ 5113272 MLS

The potential is endless with this massive duplex boasting 4 bedrooms, 1 bathroom on the first-floor unit with 3 bedrooms, 1 bathroom upstairs. For Section 8 tenants, LMHA is currently paying $1,520 for 4 bedrooms and $1,410 for 3 bedrooms (both amounts include utility expense). Both units will need a full demo remodel in order to get them rent ready. Due to condition, only cash offers will be considerable. Seller is unsure on roof and HVAC age/condition. Hurry, this one won't last long! Call today to schedule your private showing.

795 W 14th Street, Lorain

Listing Courtesy of: Jason Lacourt, jason.lacourt@kw.com With Keller Williams Legacy Group Realty

Selling Office: Keller Williams Greater Metropolitan.

$120,000

5101210 MLS

While other spend, YOU invest! Profitable future comes with this 75 ft frontage by 134 ft depth corner parcel. Perfectly located in Historic Downtown Lorain. Walking distance to beautiful Lake Erie, Palace Theater, Black River Landing, Rocking on the River, Ariel Hotel, restaurants, shopping, schools churches, parks, and so much more. Leverage into an investment with a future. Drive by this rare price-location combo TODAY!

V/L Broadway, Lorain

Listing Courtesy of: Andrea Neal, 4nealdeals@gmail.com With Russell Real Estate Services

$85,000

3 Beds ⋅ 1 Baths ⋅ 5099170 MLS

Amazing and quaint, this beautiful ranch style single family home will be quite a delight! With many aspects of this home just refinished and updated, it is sure to please! Three bedrooms, one full bathroom and the full basement does have a sump pump! Priced right, don't miss out on this one! Come see it today!

221 W 12th Street, Lorain

Listing Courtesy of: Matthew P Klein, matthew@matthewpklein.com With Walnut Creek Realty, LLC.

Selling Office: Keller Williams Greater Metropolitan.

$64,000

4 Beds ⋅ 2 Baths ⋅ 5006798 MLS

Duplex bottom unit rented with long time rental. Top is ready to be rented. Tenants pay gas & electric, Landlord pays water & trash

1347 Washington, Lorain

Listing Courtesy of: Kimberly R Strader, kstrader@micexam.com With The Sweda Group, LLC.

Selling Office: Russell Real Estate Services.

$85,000

4 Beds ⋅ 1 Baths ⋅ 4494054 MLS

Great opportunity for a move in ready 4 bedroom home in Lorain. Home has been well taken care of with newer kitchen, bathroom, wood floors throughout house. Front porch & back patio. Must see!!

223 W 16th Street, Lorain

Listing Courtesy of: Paige A Landes, p_landes@aol.com With King Realty

Selling Office: JAMM Real Estate Co..

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Chamberlain Homes for Sale - Lorain, Ohio

Call or Text (614) 683-5116 to schedule a showing on any Chamberlain Lorain, OH home for sale or to sell your Chamberlain Lorain Ohio home!