228 Gates Elyria, OH $ 135,000
228 Gates
$ 135,000
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228 Gates

Elyria, OH, 44035
$ 135,000
Bedrooms4 Baths2.0 Sq 1,491

Monthly Estimate*

$ 831

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Multi-Family Home for sale in Elyria, OH

for $135,000 with 4 bedrooms and 2 full baths. This 1,491 square foot home was built in 1900 on a lot size of 0.08.

Great turn-key investment property! This duplex features 2 bedroom & 1 full bath on each unit. A large living room, remodeled kitchen & an updated full bathroom are found in each move in ready unit. The basement provides ample storage and has been recently waterproofed(2022). Newer Hot water tanks 2019 up & 2019 down; Sump pump(2022), Newer Furnaces 2021 up, 2017 down. New fridges in both units. Both units are occupied with wonderful tenants. The downstairs tenant is month to month paying $875 and upstairs tenant's lease expires on 12/31/2026 and they are paying $720. $1595 a month in rent, great cash flowing double Tenant pays all utilities except water and sewer! No showings until the offer is accepted. Great location close to shopping areas, downtown Elyria, Schools and much more! Call today!

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Multi-Family Active

Price

$ 135,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,465

Style

Lot Size

0.08

Year Built

1900

Town/City

Elyria

County/Region

Lorain

MLS | Web ID

5198378

Features
General
Sewer Public Sewer
Heating Forced Air Gas
Cooling None
Possession Other
Roof Slate
Garage Spaces 0
Construction Materials Vinyl Siding
Year Built 1900
Tenant Pays Other
Stories Count 2
Township Elyria
Levels Two
Property Subtype Duplex
Tax Year 2024
Accessibility None
County Lorain
Property Type Residential Income
Attached Garage false
Subdivision Name Gates
Garage Y/N false
Full Baths 2
Status Active
Directions NE
City Elyria
Disclosures Principal is Real Estate Licensed
High School District Elyria CSD - 4706
Lot Size Units Acres
Carport Y/N false
Tax Annual Amount 1465
Home Warranty Y/N false
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Elyria CSD - 4706
Elementary School District Elyria CSD - 4706
Year Built Source Public Records
Property Sub Type Additional Duplex
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Interior
Basement Full Unfinished
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Above Grade Finished Area 1491
Half Baths 0
Laundry Features In Unit
Total Bedrooms 4
Below Grade Finished Area 0
Main Level Bathrooms 0
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Owner
Total Baths 2
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Exterior
Fencing Chain Link Partial Wood
Parking Features No Garage Paved
Water Source Public
Lot Size Area 0.08
Number of Buildings 0
Lot Size Acres 0.08
Lot Size Source Public Records
Waterfront Y/N false
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* Excluded Features
List By
George Vujadinovic

Listing Agent

Exp Realty, Llc.

Broker

home4u@georgesoldit.com

Email

Affordability Calculator

$953
Per Month
87%
13%
0%
Monthly Principal & Interest
$831
Monthly Property Taxes
$122
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4457899 Elementary School
4458036 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/4/2026$135,000 Listed Price

Map


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228 Gates, Elyria, OH, 44035 is a Multi-Family Home for sale at $135,000 with 1,491 sqft and a lot size of 0.08. 228 Gates has 4 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 44035 which is in Elyria, OH