Quadruplex at 818-824 S Central Drive, Lorain
Quadruplex at 818-824 S Central Drive, Lorain, photo 2 of 35
Quadruplex at 818-824 S Central Drive, Lorain, photo 3 of 35
Quadruplex at 818-824 S Central Drive, Lorain, photo 4 of 35
Quadruplex at 818-824 S Central Drive, Lorain, photo 5 of 35
Quadruplex at 818-824 S Central Drive, Lorain, photo 6 of 35
Quadruplex at 818-824 S Central Drive, Lorain, photo 7 of 35
Quadruplex at 818-824 S Central Drive, Lorain, photo 8 of 35
Quadruplex at 818-824 S Central Drive, Lorain, photo 9 of 35
Quadruplex at 818-824 S Central Drive, Lorain, photo 10 of 35
Quadruplex at 818-824 S Central Drive, Lorain, photo 11 of 35
Quadruplex at 818-824 S Central Drive, Lorain, photo 12 of 35
Quadruplex at 818-824 S Central Drive, Lorain, photo 13 of 35
Quadruplex at 818-824 S Central Drive, Lorain, photo 14 of 35
Quadruplex at 818-824 S Central Drive, Lorain, photo 15 of 35
Quadruplex at 818-824 S Central Drive, Lorain, photo 16 of 35
Quadruplex at 818-824 S Central Drive, Lorain, photo 17 of 35
Quadruplex at 818-824 S Central Drive, Lorain, photo 18 of 35
Quadruplex at 818-824 S Central Drive, Lorain, photo 19 of 35
Quadruplex at 818-824 S Central Drive, Lorain, photo 20 of 35
Quadruplex at 818-824 S Central Drive, Lorain, photo 21 of 35
Quadruplex at 818-824 S Central Drive, Lorain, photo 22 of 35
Quadruplex at 818-824 S Central Drive, Lorain, photo 23 of 35
Quadruplex at 818-824 S Central Drive, Lorain, photo 24 of 35
Quadruplex at 818-824 S Central Drive, Lorain, photo 25 of 35
Quadruplex at 818-824 S Central Drive, Lorain, photo 26 of 35
Quadruplex at 818-824 S Central Drive, Lorain, photo 27 of 35
Quadruplex at 818-824 S Central Drive, Lorain, photo 28 of 35
Quadruplex at 818-824 S Central Drive, Lorain, photo 29 of 35
Quadruplex at 818-824 S Central Drive, Lorain, photo 30 of 35
Quadruplex at 818-824 S Central Drive, Lorain, photo 31 of 35
Quadruplex at 818-824 S Central Drive, Lorain, photo 32 of 35
Quadruplex at 818-824 S Central Drive, Lorain, photo 33 of 35
Quadruplex at 818-824 S Central Drive, Lorain, photo 34 of 35
Quadruplex at 818-824 S Central Drive, Lorain, photo 35 of 35
35 photos

$275,000

818-824 S Central Drive
Lorain, OH 44052
Listed by Darren T Mancuso · EXP Realty, LLC.
Bedrooms
9
Bathrooms
4
Living area
3,624 sqft
Year built
1943

About this home

Excellent investment opportunity featuring a fully occupied four-unit property in Lorain. This quadplex offers four separate units, providing diversified rental income and strong appeal for investors seeking to add an income-producing asset to their portfolio. The property is fully occupied, allowing a new owner to take over an established rental operation from day one. Conveniently located near shopping, dining, schools, parks, and major roadways, this property offers easy access throughout Lorain and surrounding communities.

Property details

MLS #
5231802
Property type
Quadruplex
Subdivision
Central Park Homes
Status
Active
Days on market
N/A
On market date
July 30, 2026
Stories
2
Total bathrooms
4
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.33 acres
Loading map…

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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Washington Elementary School
0.31 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
267
Student:teacher ratio
15.7:1
District
Lorain City
Middle
General Johnnie Wilson Middle School
0.27 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
453
Student:teacher ratio
17.4:1
District
Lorain City
High
Lorain High School
0.8 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). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

33
Car-dependent
out of 100
EPA National Walkability Index
6.5 / 20 -- Below average walkable

Market position

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

On the market 0 days -- 55 fewer days than Lorain's current average of 55 days.
For reference, the median list price across 168 active listings in Lorain right now is $147,450.

Mortgage calculator

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

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$1,806/mo
$55,000 down
$220,000 loan
Principal & interest$1,427
Property tax (est.)$229
Home insurance (est.)$150

Similar homes you might like

Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated July 30, 2026.

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.