228 Gates
Elyria, OH 44035
4
Bed
2
Bath
1,491Sqft
0.08Acre(Lot)
Great turn-key investment opportunity! This well-maintained duplex features 2 bedrooms and 1 full bathroom in each unit, with spacious living rooms, remodeled kitchens, and updated bathrooms. The upstairs unit is now **vacant and move-in ready** and has been **professionally painted and cleaned**, making it a great option for an owner-occupant or a new tenant. The downstairs unit is currently occupied by a month-to-month tenant paying **$875/month**. Recent improvements include basement waterproofing and a sump pump in 2022, newer hot water tanks (2019), furnaces (2021 upstairs and 2017 downstairs), and newer refrigerators in both units. Tenants pay their own utilities except water and sewer. The property features a slate roof that is in good condition and offers plenty of basemen
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Has Basement: Yes Basement: Full, Unfinished -
Roofing Information
Slate -
Interior Features
Roof: Slate Laundry Features: In Unit -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Window Unit(s)
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Building Information
Year Built: 1900 Construction Materials: Vinyl Siding Stories: 2 Private Pool: No
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Lot Information
Main Square Feet: 0.08 Acres Lot Size Acres: 0.08 Lot Size Source: Public RecordsProperty Information
Subdivision: Gates Source Property Type: Residential Income Postal Code Plus 4: 7023 Property SubType: Duplex Levels: Two Property Age: 126
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Listing Price Information
Listing Price: $123000 Cash, Conventional, FHA
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Tax Information
Parcel Number: 06-26-019-102-010 Tax Year: 2025 Annual Tax: $1494
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Parking Information
No Garage, Paved
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Location Information
Direction: NE WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 224 6th Street, Elyria, OH, 44035 | $137,000 | 4 | 2 | 2,520 | 0.25 Acre |
| 428 West Avenue, Elyria, OH, 44035 | $289,900 | 4 | 4 | 4,800 | 0.19 Acre |
| 121 Neufer Court, Elyria, OH, 44035 | $108,000 | 4 | 2 | -- | 0.07 Acre |
| 122 Elbe Street, Elyria, OH, 44035 | $203,750 | 4 | 4 | -- | 0.12 Acre |
| 211 Brace Avenue, Elyria, OH, 44035 | $145,800 | 4 | 2 | 1,296 | 0.14 Acre |
Similar Multifamily To 228 Gates
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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 09/19/2026 @ 05:29
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