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2394 Elyria Avenue

Lorain, OH 44055
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Bed 4

Bed

Bath 2

Bath

Acres0.19

Acre(Lot)

Brick duplex investment opportunity in Lorain featuring two well-maintained units, each offering 2 bedrooms and 1 bathroom, ideal for steady tenant demand. Both units are fully occupied at $950/month with leases in place through November 2026 and January 2027, providing immediate and reliable cash flow. Tenants are responsible for electric and gas, while the owner covers water, helping maintain manageable expenses. Seller also owns multiple properties throughout Cleveland, Lorain, and Akron and is willing to sell properties individually or as packaged portfolios, giving buyers the flexibility to pick and choose assets to fit their investment strategy.

Detail Ic Property Details

Property Type : Residential Income

Price : $145,000

AD Id : 77513885

MLS Id : 5201394

Beds : 4

Lot Size : 0.19 Acre

Year Built : 1900

County : Lorain

Subdivision: Magnolia Place

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Rooms Total: 8 Has Basement: Yes Basement: Full, Unfinished
  • Roofing Information

    Asphalt, Fiberglass
  • Interior Features

    Roof: Asphalt, Fiberglass
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas Cooling: None

  • Building Information

    Year Built: 1900 Construction Materials: Brick Stories: 2 Private Pool: No

  • Lot Information

    Main Square Feet: 0.19 Acres Lot Size Acres: 0.19 Lot Size Source: Assessor

    Property Information

    Subdivision: Black River Township Source Property Type: Residential Income Property SubType: Duplex Levels: Two Property Age: 126

  • Listing Price Information

    Listing Price: $145000

  • Tax Information

    Parcel Number: 02-00-093-107-007 Tax Year: 2025 Annual Tax: $1209 Tax Legal Desc: W OF R FRNT 0040.00 DPTH 0220.00

  • Parking Information

    Driveway

  • Location Information

    Direction: Elyria Ave WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2228 E 30th Street, Lorain, OH, 44055 $125,000 6 2 --
1836 E 33rd Street, Lorain, OH, 44055 $150,000 6 2 --
3050 Denver Avenue, Lorain, OH, 44055 $160,000 4 2 1,620 1,620 SqFt
2910 Caroline Avenue, Lorain, OH, 44055 $55,000 3 2 1,859 1,859 SqFt
3177 Elyria Avenue, Lorain, OH, 44055 $140,000 4 2 --
125 W 35th Street, Lorain, OH, 44055 $199,900 7 4 --

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 06/04/2026 @ 05:19

MLS: 5201394 LISTED BY: Kim Lewis, Home Equity Realty Group 330-952-2244 SOURCE: MLS Now

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