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!
Sold for $86,000 on 09/30/24
$86,000
2394 Elyria Ave, Lorain, OH 44055
4beds
2,964sqft
Duplex, Multi Family
Built in 1900
-- sqft lot
$133,000 Zestimate®
$29/sqft
$1,098 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 30, 2024 at 08:53am
Listing Provided by:
Christopher A Frederick thefrederickteam@gmail.com216-210-7653,
Coldwell Banker Schmidt Realty,
Patricia A Frederick 440-537-4685,
Coldwell Banker Schmidt Realty
Bought with:
Kim Lewis, 2017004453
Home Equity Realty Group
Charles Lewis, 2020001184
Home Equity Realty Group
Source: MLS Now,MLS#: 5068790
Originating MLS: Lorain County Association Of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Gas
Cooling
- None, Wall/Window Unit(s)
Appliances
- Included: Range, Refrigerator
- Laundry: In Basement
Features
- Basement: Full,Unfinished
Interior area
- Total structure area: 2,964
- Total interior livable area: 2,964 sqft
- Finished area above ground: 1,976
- Finished area below ground: 988
Property
Parking
- Parking features: Driveway
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Balcony
- Exterior features: Balcony
Lot
- Size: 8,276 sqft
Details
- Parcel number: 0200093107007
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Brick
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Lorain
- Subdivision: Black River Township
Services availability
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Estimated market value
$133,000