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132 Irondale Street

Elyria, OH 44035

$79,900 $336/Mo

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Overview

Bed

Bath

2,631

Sqft

0.11

Acre(Lot)

Description

Attention investors & owner-occupant buyers looking for a value-add opportunity! Vacant, easy to show, & ready for immediate occupancy, this spacious 4-bedroom, 2 full bath colonial offers excellent potential at an affordable price point. Home features a full bath on each level for added convenience, full basement, walk-up third-floor attic providing excellent storage or future expansion possibilities. Aluminum-sided exterior includes upgraded vinyl windows plus welcoming front porch, all situated on a quiet street in an investor-friendly city known for low property taxes and strong Section 8 rental/straight rent demand. Inside, you’ll find generous room sizes, some hardwood flooring for durability & charm, flexible floor plan ideal for both homeowners and tenants. A partially fenced ba ckyard adds additional appeal for outdoor enjoyment. Foreclosure property is being sold as-is but already includes decent mechanical updates, including an upgraded electrical panel, newer hot water tank, & furnace that appears to be in good condition. First-floor bathroom may need flooring, and a few cosmetic improvements throughout could significantly enhance value and rental potential. Average rents for 4-bedroom, 2-bath homes in the area support strong cash flow, making this a smart addition to any investment portfolio or an affordable owner-occupied purchase with upside potential. Property will not qualify for FHA or VA financing. Don’t miss this opportunity!

Property Details

Property Type : Residential

Price : $79,900

AD Id : 79467537

MLS Id : 5208107

Beds : 3

Lot Size : 0.11 Acre

Living Area Size : 2,631

Year Built : 1900

County : Lorain

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 3

Bathroom Information

Total Baths: 2 Full Baths: 2

Room Information

Rooms Total: 6 Has Basement: Yes Basement: Full, Unfinished
Roofing Information

Asphalt, Fiberglass
Interior Features

Roof: Asphalt, Fiberglass Laundry Features: In Basement
Heating & Cooling

Has Heating: Yes Heating: Natural Gas Cooling: None

Building Information

Year Built: 1900 Construction Materials: Aluminum Siding Stories: 3 Patio And Porch Features: Porch Private Pool: No

Lot Information

Lot Dimensions: 40 x 120 Main Square Feet: 0.11 Acres Lot Size Acres: 0.11 Lot Size Source: Public Records

Listing Price Information

Listing Price: $79900

Tax Information

Parcel Number: 06-24-010-105-014 Tax Year: 2025 Annual Tax: $1730

Parking Information

Detached, Garage, Paved

Location Information

Direction: on irondale WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
556 Eldemire Lane, Elyria, OH, 44035	$272,900	2	2	2,856	2,856 SqFt
437 Pheasant Run, Elyria, OH, 44035	$404,990	3	3	1,628	1,628 SqFt
313 Breckenridge Oval O.., Elyria, OH, 44035	$264,991	3	2	1,294	1,294 SqFt
10396 Dewhurst Road, Elyria, OH, 44035	$415,000	5	3	2,046	2,046 SqFt
102 California Avenue, Elyria, OH, 44035	$264,000	3	2	1,868	1,868 SqFt
341 Sandpiper Avenue, Elyria, OH, 44035	$285,000	4	2	2,160	2,160 SqFt
544 Bayberry Drive, Elyria, OH, 44035	$296,000	3	2	--
542 Georgetown Avenue, Elyria, OH, 44035	$222,999	3	2	--
508 Hampton Drive, Elyria, OH, 44035	$269,900	3	2	1,524	1,524 SqFt
550 Augdon Drive, Elyria, OH, 44035	$179,900	3	1	1,008	1,008 SqFt

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed.

ByOwner last updated this listing 06/11/2026 @ 06:26

MLS: 5208107 LISTED BY: Christopher Frederick, Coldwell Banker Schmidt Realty 440-327-2123 SOURCE: MLS Now