# 1037 W 8th Street, Lorain, OH 44052 > **TL;DR:** 7bd/4ba multi-family, $280,000, built 1904. > A/C, 2-car garage. Est. $1,498/mo. Listed 30 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $280,000 | | Bedrooms | 7 | | Bathrooms | 4 full | | Year Built | 1904 | | Lot Size | 6,970 sqft (0.16 acres) | | Stories | 2 | | Garage | 2-car | | Property Type | Multi-Family (Quadruplex) | | Status | Active | | Days on Market | 30 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,416 | | Estimated Insurance | $82 | | **Total** | **$1,498** | ## Key Amenities - A/C - 2-car garage ## Property Highlights - Built in 1904 - 0.16 acre lot - 2 stories ## Description ### Agent Description Excellent opportunity to add a fully occupied 4-unit property with large detached outbuilding/garage to your investment portfolio producing $3200 per month in rent! Located at 1037 W 8th St in Lorain, this property is within walking distance of Downtown Lorain, offering convenient access to restaurants, entertainment, the waterfront, Black River Landing, and all that the revitalized downtown district has to offer. All four units are currently occupied with month-to-month tenants, providing immediate rental income along with flexibility for a new owner. Current monthly rents are $700, $700, $700, and $1,100, for a total gross monthly rental income of $3,200. The property has benefited from several important updates, including a roof approximately 5 years old, furnaces approximately 8 years old, and individual hot water tanks for each unit that are approximately 3 years old. Interior improvements include updated flooring throughout all units, new LED lighting, and renovated common areas featuring refinished steps, refreshed walls, and additional updates that enhance the overall appearance of the property. With all units occupied, $38,400 in current annual gross rental income, major mechanical updates already completed, and a convenient location near Downtown Lorain and the Lake Erie waterfront, this 4-unit property offers an attractive opportunity for both experienced and first-time multifamily investors. ## Location - **Address:** 1037 W 8th Street, Lorain, OH 44052 - **County:** Lorain - **Coordinates:** 41.461711, -82.180845 - **Google Maps:** https://www.google.com/maps?q=41.461711,-82.180845 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/1037-W-8th-Street-Lorain-OH-44052/unbranded ## Listing Agent - **Name:** Jesse R Kracht · **License:** 2010001088 - **Brokerage:** Russell Real Estate Services - **Broker Phone:** (440) 268-9491 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1037-W-8th-St_Lorain_OH_44052_M33530-62070?f=listhub&s=NEOHREXOH&m=5245764&c=propsimple) ## Photos ![1037 W 8th Street - Photo 1](http://lh.rdcpix.com/28bbb5055f9f68fdd29968a07aa8fa49l-f56880725r.jpg) ![1037 W 8th Street - Photo 2](http://lh.rdcpix.com/28bbb5055f9f68fdd29968a07aa8fa49l-f1752279572r.jpg) ![1037 W 8th Street - Photo 3](http://lh.rdcpix.com/28bbb5055f9f68fdd29968a07aa8fa49l-f788209268r.jpg) ![1037 W 8th Street - Photo 4](http://lh.rdcpix.com/28bbb5055f9f68fdd29968a07aa8fa49l-f3924123398r.jpg) ![1037 W 8th Street - Photo 5](http://lh.rdcpix.com/28bbb5055f9f68fdd29968a07aa8fa49l-f2142994536r.jpg) ![1037 W 8th Street - Photo 6](http://lh.rdcpix.com/28bbb5055f9f68fdd29968a07aa8fa49l-f1838387022r.jpg) ![1037 W 8th Street - Photo 7](http://lh.rdcpix.com/28bbb5055f9f68fdd29968a07aa8fa49l-f789621464r.jpg) ![1037 W 8th Street - Photo 8](http://lh.rdcpix.com/28bbb5055f9f68fdd29968a07aa8fa49l-f3804673614r.jpg) ![1037 W 8th Street - Photo 9](http://lh.rdcpix.com/28bbb5055f9f68fdd29968a07aa8fa49l-f1646038672r.jpg) ![1037 W 8th Street - Photo 10](http://lh.rdcpix.com/28bbb5055f9f68fdd29968a07aa8fa49l-f55478857r.jpg) ![1037 W 8th Street - Photo 11](http://lh.rdcpix.com/28bbb5055f9f68fdd29968a07aa8fa49l-f2884930290r.jpg) ![1037 W 8th Street - Photo 12](http://lh.rdcpix.com/28bbb5055f9f68fdd29968a07aa8fa49l-f699097310r.jpg) ![1037 W 8th Street - Photo 13](http://lh.rdcpix.com/28bbb5055f9f68fdd29968a07aa8fa49l-f300523033r.jpg) ![1037 W 8th Street - Photo 14](http://lh.rdcpix.com/28bbb5055f9f68fdd29968a07aa8fa49l-f2981659291r.jpg) ![1037 W 8th Street - Photo 15](http://lh.rdcpix.com/28bbb5055f9f68fdd29968a07aa8fa49l-f4163579687r.jpg) ![1037 W 8th Street - Photo 16](http://lh.rdcpix.com/28bbb5055f9f68fdd29968a07aa8fa49l-f3209125075r.jpg) ![1037 W 8th Street - Photo 17](http://lh.rdcpix.com/28bbb5055f9f68fdd29968a07aa8fa49l-f3460912442r.jpg) ![1037 W 8th Street - Photo 18](http://lh.rdcpix.com/28bbb5055f9f68fdd29968a07aa8fa49l-f1329562807r.jpg) ![1037 W 8th Street - Photo 19](http://lh.rdcpix.com/28bbb5055f9f68fdd29968a07aa8fa49l-f1171561572r.jpg) ![1037 W 8th Street - Photo 20](http://lh.rdcpix.com/28bbb5055f9f68fdd29968a07aa8fa49l-f2518801730r.jpg) ![1037 W 8th Street - Photo 21](http://lh.rdcpix.com/28bbb5055f9f68fdd29968a07aa8fa49l-f2986265593r.jpg) ![1037 W 8th Street - Photo 22](http://lh.rdcpix.com/28bbb5055f9f68fdd29968a07aa8fa49l-f3374958376r.jpg) ![1037 W 8th Street - Photo 23](http://lh.rdcpix.com/28bbb5055f9f68fdd29968a07aa8fa49l-f2852035578r.jpg) --- **MLS#:** 5245764 | **Updated:** 2026-10-23 **Source:** listhub *Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/1037-w-8th-street-lorain-oh-44052-3a6fbcd04f95491e9c10e73f54fdc8fb) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1037-w-8th-street-lorain-oh-44052-3a6fbcd04f95491e9c10e73f54fdc8fb#listing", "url": "https://www.propertysimple.ai/listing/1037-w-8th-street-lorain-oh-44052-3a6fbcd04f95491e9c10e73f54fdc8fb", "name": "1037 W 8th Street, Lorain, OH 44052", "description": "Excellent opportunity to add a fully occupied 4-unit property with large detached outbuilding/garage to your investment portfolio producing $3200 per month in rent! 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