1115 East Avenue Elyria, OH ^$ 165,000

1115 East Avenue

^$ 165,000

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1115 East Avenue

Elyria, OH, 44035

^$ 165,000

Bedrooms4 Baths4.0 Sq 3,920

Monthly Estimate*

^$ 1,029

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Multi-Family Home for sale in Elyria, OH

for $165,000 with 4 bedrooms and 4 full baths. This 3,920 square foot home was built in 1921 on a lot size of 0.1.

4-unit investor special! 2 buildings, one building on George St has 3 apartments, and the second building is the storefront. Total rents would be approximately $3000/mo fully-rented, professional management in place. Sturdy brick construction with newer roofs and vinyl siding, plus many updates such as: newer furnaces (one unit is heated by a boiler), storefront has central AC, upgraded electric panels, newer hot water tanks, separately-metered gas and electric, plus a 1-car garage. Great location near shopping, schools, freeway access and more! Just a little work to get this building up and running again.

Multi-Family Contingent

Price

^$ 165,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 4,405

Style

Lot Size

0.1

Year Built

1921

Town/City

Elyria

County/Region

Lorain

MLS | Web ID

5126634

Features

General

Sewer Public Sewer

Heating Forced Air Gas Hot Water Steam

Cooling Central Air

Possession Delivery Of Deed

Roof Asphalt Fiberglass

Garage Spaces 1

Construction Materials Brick Vinyl Siding

Year Built 1921

Tenant Pays Electricity Gas

Stories Count 2

Township Elyria

Levels Two

Property Subtype Quadruplex

Tax Year 2024

Gross Income 3000

Community Features Medical Service Playground Park Shopping

County Lorain

Property Type Residential Income

Attached Garage false

Contingency Inspections

Facing Direction East

Garage Y/N true

Total Rooms 14

Full Baths 4

Status Contingent

Directions East Ave corner of George St

City Elyria

Disclosures Principal is Real Estate Licensed

High School District Elyria CSD - 4706

Lot Size Units Acres

Carport Spaces 0

Carport Y/N false

Tax Annual Amount 4405

Home Warranty Y/N false

Living Area Units Square Feet

Standard Status Active Under Contract

Middle/Junior School District Elyria CSD - 4706

Elementary School District Elyria CSD - 4706

Year Built Source Public Records

Property Sub Type Additional Quadruplex

Interior

Basement Unfinished

Total Stories 2

Basement (Y/N) true

Air Conditioning Y/N true

Heating Y/N true

Above Grade Finished Area 3920

Half Baths 0

Total Bedrooms 4

Below Grade Finished Area 0

Main Level Bathrooms 0

Below Grade Finished Area Source Other

Above Grade Finished Area Source Realist

Total Baths 4

Exterior

Parking Features Driveway Garage

Water Source Public

Lot Size Area 0.1

Number of Buildings 2

Lot Size Acres 0.1

Lot Size Source Public Records

Waterfront Y/N false

* Excluded Features

List By

Michael A Ferrante

Listing Agent

Century 21 Homestar

Broker

info@21mike.com

Affordability Calculator

$1,396

Per Month

Monthly Principal & Interest: $1,029
Monthly Property Taxes: $367
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Elyria, OH

Average List Price ^$131,271

Percent of Sale Price 20%

About Elyria, OH

53,416 Population

-4% Since 2002

^$41,229 Median Income

39.72 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4457899 Elementary School

4458036 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/11/2025	$165,000	-5.71%	Price Down
8/29/2025	$175,000		Listed Price

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1115 East Avenue, Elyria, OH, 44035 is a Multi-Family Home for sale at $165,000 with 3,920 sqft and a lot size of 0.1. 1115 East Avenue has 4 bedrooms, 4.0 baths, and was built in 1921. The property's zip code is 44035 which is in Elyria, OH

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the YES MLS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the YES MLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/29/2025.

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1115 East Avenue

Multi-Family Home for sale in Elyria, OH

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