SingleFamilyResidence at 1118 W 8th Street, Lorain
SingleFamilyResidence at 1118 W 8th Street, Lorain, photo 2 of 5
SingleFamilyResidence at 1118 W 8th Street, Lorain, photo 3 of 5
SingleFamilyResidence at 1118 W 8th Street, Lorain, photo 4 of 5
SingleFamilyResidence at 1118 W 8th Street, Lorain, photo 5 of 5
5 photos

$139,900

1118 W 8th Street
Lorain, OH 44052
Listed by Aiden Avtgis · RE/MAX Infinity
Bedrooms
3
Bathrooms
1
Living area
1,338 sqft
Year built
1900

About this home

Location is everything, and 1118 W 8th puts you just minutes from the heart of Lorain. Downtown shops, restaurants, and everyday conveniences are close by, which is exactly what renters look for. Homes in this pocket of the city tend to rent quickly and keep their tenants, and that consistency is what makes a rental dependable. This three bedroom property is already bringing in $1,500 per month in rental income, so you step into an investment with cash flow in place instead of waiting on a lease up. Three bedrooms appeal to families and roommates alike, which keeps demand steady and vacancy low. Whether you are adding to an existing portfolio or buying your first income property, this one offers a simple path to ownership with income already coming in. Reach out today to schedule a showing or request the rental details.

Property details

MLS
NOWDD
MLS #
5256402
Property type
SingleFamilyResidence
Subdivision
Krantz Lersch
Status
Active
Days on market
N/A
On market date
October 27, 2026
Stories
2
Total bathrooms
1
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.0947 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Admiral King Elementary School
0.11 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
250
Student:teacher ratio
14.7:1
District
Lorain City
MiddleCharter
Constellation Schools: Lorain Community Middle
0.3 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
112
Student:teacher ratio
28.0:1
District
Constellation Schools: Lorain Community Middle
High
Lorain High School
1.15 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,796
Student:teacher ratio
18.3:1
District
Lorain City

Walkability

Blended score for Lorain's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

54
Somewhat walkable
out of 100
EPA National Walkability Index
6.0 / 20 -- Below average walkable
Google Places amenity density
90 / 100
Restaurants & cafes20
Grocery stores4
Parks11
Schools10
Transit stops20
Pharmacies0

Market position

How this listing compares to current activity in Lorain, from live MLS data.

On the market 0 days -- 63 fewer days than Lorain's current average of 63 days.
For reference, the median list price across 264 active listings in Lorain right now is $156,450.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$992/mo
$27,980 down
$111,920 loan
Principal & interest$726
Property tax (est.)$117
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 3 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.