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V/l East Avenue

Elyria, OH 44035
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Acres1.99

Acres(Lot)

Prime 1.99-acre riverfront parcel in Elyria, zoned R-TH and permitting a duplex by right. This rare in-city offering provides a large, flexible building envelope near the road with city utilities available nearby (buyer to verify). The front portion of the property offers practical, accessible development area, while the rear acreage features mature trees and a natural slope toward the river—an ideal setting for walk-out lower levels, elevated decks, and private outdoor living spaces. With approximately 230 feet of scenic river frontage, the site delivers a unique combination of privacy, natural beauty, and development potential. R-TH zoning allows two-household residential construction without the need for rezoning or variances, streamlining the path to permitting and build-out. The surro unding area shows strong demand for new, high-quality rental and owner-occupied duplex units, making this an excellent opportunity for build and hold investors, builders seeking a marketable new construction product, or buyers looking to create a multi-generational living arrangement. Conveniently located near major roadways, schools, and city services, this nearly 2 acre parcel offers both accessibility and long term value. A standout development opportunity combining acreage, utilities, and river frontage within Elyria city limits. Buyer to perform all due diligence regarding utilities, setbacks, and building requirements.

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Detail Ic Property Details

Property Type : Land

Price : $65,000

AD Id : 76133058

MLS Id : 5193131

Lot Size : 1.99 Acres(Lot)

County : Lorain

  • Map Map

Map

Feature Features

  • Heating & Cooling

    Water front: 1

  • Lot Information

    Main Square Feet: 1.99 Acres Lot Size Acres: 1.99 Lot Size Source: Assessor Lot Description: Sloped, Wooded, Cleared, City Lot, Gentle Sloping, Irregular Lot, Rolling Slope, Views, Waterfront

  • Listing Price Information

    Listing Price: $65000 Cash, Conventional

  • Tax Information

    Parcel Number: 06-26-020-000-012 Tax Year: 2025 Annual Tax: $387

  • Parking Information

    Gravel

  • Utility Information

    Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Location Information

    Direction: From Downtown Elyria: Head east on Broad St toward East Ave. Turn right onto East Ave and continue south for about 0.7 miles. Pass Gates Ave on your right. The lot is on the left (east) side of East Ave, directly across from Gates Ave. Look for the tree line and river corridor-parcel sits between East Ave and the Black River. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
S/L 1 Adelbert Street, Elyria, OH, 44035 $149,900 -- -- -- 4.26 Acres(Lot)
Lake Avenue, Elyria, OH, 44035 $12,000 -- -- -- 0.15 Acre(Lot)
LOT 31 Skyline Drive, Elyria, OH, 44035 $54,900 -- -- -- 0.22 Acre(Lot)
LOT 32 Skyline Drive, Elyria, OH, 44035 $54,900 -- -- -- 0.20 Acre(Lot)
S/L 2 Adelbert Street, Elyria, OH, 44035 $149,900 -- -- -- 4.20 Acres(Lot)
LAND Skyline Drive, Elyria, OH, 44035 $360,000 -- -- -- 3.73 Acres(Lot)
714 Hammer Court, Elyria, OH, 44035 $30,000 -- -- -- 0.20 Acre(Lot)
1065 Rosealee Avenue, Elyria, OH, 44035 $59,900 -- -- -- 0.24 Acre(Lot)
222 Wooster Street, Elyria, OH, 44035 $14,900 -- -- -- 0.39 Acre(Lot)
43033 N Ridge Road, Elyria, OH, 44035 $100,000 -- -- -- 2.50 Acres(Lot)

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 @ 06:30

MLS: 5193131 LISTED BY: Scott Riley, Century 21 Homestar 440-449-9100 SOURCE: MLS Now

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