Elyria OH Multi Family for Sale
$149,000
615 Tyler Street Elyria, OH 44035
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 3
- Lot size:
- 0.18 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 5073015
- Subdivision:
- Cloverdale Allotment
ADDITIONAL INFORMATION
Investment opportunity! Two homes on one lot. Turnkey fully rented with all appliances. Both homes updated. Newer roof. Two car garage. Great location that is close to all of the local amenities.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.19 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 5068790
- Subdivision:
- Black River Township
ADDITIONAL INFORMATION
Attention all investors! All-brick exterior duplex is the perfect opportunity for the beginning investor or a great addition to your existing portfolio. One unit is currently vacant for easy showings, but it's rent-ready for an owner-occupant (live in one unit and let the other cover your mortgage) or rent both units to maximize revenue. First-floor unit is tenant-occupied & will be shown to serious buyers only. Includes a 3rd-floor walk-up, easily accessible from either unit, providing valuable storage or potential expansion space. Each 2-bedroom, 1-bath unit features a desirable floor plan, well-lit w/hardwood & hard surface flooring throughout. Market rent is approximately $795 per month, appliances included. Tenants pay for gas/electric, while the owner covers water/sewer/trash. Full basement offers washer/dryer for tenant use if desired. Recent updates include a newer roof, updated electrical, & 2021 hot water tank. Property is self-managed by an out-of-state investor, but professional management services are available for a smooth transition. 2nd-floor unit, 3rd floor attic, & basement are easy to show on short notice. Great SECTION 8 property, low taxes/expenses, low regulation with no lead certification requirement. Don’t miss this lucrative opportunity—schedule your tour today!
$300,000
841-847 Bond Street Elyria, OH 44035
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 10
- Lot size:
- 0.34 Acres
- Year built:
- 1900
- Baths:
- 4.00
- MLS#:
- 5060757
ADDITIONAL INFORMATION
Check out these two duplexes that are on the same parcel and for sale together! All units are currently occupied. The current rents are $850 (until 6/20/25) + $850 (until 4/30/25) + $770 (until 2/28/25) + $975 (until 10/31/24). All units have newer furnaces! Tenants pay all utilities as all units are metered separately. This 10-bed 4-bath property would make a great turnkey addition to anyone's portfolio!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.1 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 5060117
- Subdivision:
- Ely
ADDITIONAL INFORMATION
This large multi-family home is a solid way to build your rental portfolio! With over 2,200 sqft of total living space, this home has 2 units and a full basement with shared laundry! The downstairs unit has 2 bedrooms and 1 full bathroom and is currently occupied renting for $875 per month with a lease month to month lease. The upstairs unit has 3 bedrooms and 1 full bathroom and is currently occupied renting for $850 per month. The exterior has a large, covered front porch and driveway for off-street parking! Owner pays water and sewer. Tenant is responsible for paying gast and electric. With easy highway access, this is near food, shopping and public transit! This solid opportunity won't last long! Reach out to learn more!
$124,000
231 Oberlin Road Elyria, OH 44035
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.18 Acres
- Year built:
- 1990
- Baths:
- 3.00
- MLS#:
- 5024309
ADDITIONAL INFORMATION
Excellent investment opportunity of a three unit structure. The property comes with vinyl windows, three newer hot water tanks, updated electrical panels, 1 older furnace that runs just the front unit and the other two units have baseboard heat with tenants paying electric and gas. 1 unit has been updated with vinyl flooring, minor kitchen and bathroom updates, and modern paint scheme. Great property to add to your portfolio! All information to be deemed reliable but not guaranteed. Buyer to do due diligence.
$109,000
120 Harvard Avenue Elyria, OH 44035
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.15 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 5023714
- Subdivision:
- Eastern Heights
ADDITIONAL INFORMATION
Eastern Heights duplex! First floor unit is 3 beds 1 bath with huge family room. Room for improvement. Needs flooring updates. Up stairs unit is 1 bed 1 bath. Long term tenant at 600 a month. Inspection report in supplements.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.12 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 5014826
ADDITIONAL INFORMATION
Turnkey Elyria duplex, one unit at $850 (3-bed) and the 1-bed unit previously rented for $650. Separately metered gas & electric. Updates include: upgraded electric panels, newer hot water tanks, vinyl flooring. Other features: driveway for plenty of off-street parking, front porch. Convenient location near freeway access, shopping, schools. Professional management in place.
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Elyria Real Estate
The median home value in Elyria, OH is $199,900. This is higher than the county median home value of $140,300. The national median home value is $219,700. The average price of homes sold in Elyria, OH is $199,900. Approximately 53.78% of Elyria homes are owned, compared to 36.76% rented, while 9.46% are vacant. Elyria real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Elyria real estate agent to arrange a tour today!
Elyria, Ohio has a population of 53,944. Elyria is less family-centric than the surrounding county with 20.25% of the households containing married families with children. The county average for households married with children is 27.24%.
The median household income in Elyria, Ohio is $42,067. The median household income for the surrounding county is $54,987 compared to the national median of $57,652. The median age of people living in Elyria is 38.2 years.
Elyria Weather
The average high temperature in July is 83 degrees, with an average low temperature in January of 19.3 degrees. The average rainfall is approximately 38.4 inches per year, with 43.1 inches of snow per year.