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2394 Elyria Avenue Lorain, OH $ 145,000
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2394 Elyria Avenue
$ 145,000
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2394 Elyria Avenue

Lorain, OH, 44055
$ 145,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 893

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Multi-Family Home for sale in Lorain, OH

for $145,000 with 4 bedrooms and 2 full baths. This home was built in 1900 on a lot size of 0.19.

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.

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Multi-Family Active

Price

$ 145,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,209

Style

Lot Size

0.19

Year Built

1900

Town/City

Lorain

County/Region

Lorain

MLS | Web ID

5201394
Features
General
Sewer Public Sewer
Heating Gas
Cooling None
Possession Negotiable
Roof Asphalt Fiberglass
Construction Materials Brick
Year Built 1900
Tenant Pays Electricity Gas
Stories Count 2
Township Lorain
Levels Two
Property Subtype Duplex
Tax Year 2025
County Lorain
Property Type Residential Income
Attached Garage false
Subdivision Name Black River Township
Garage Y/N false
Total Rooms 8
Full Baths 2
Status Active
Directions Elyria Ave
City Lorain
High School District Lorain CSD - 4709
Lot Size Units Acres
Carport Y/N false
Tax Annual Amount 1209
Home Warranty Y/N false
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Lorain CSD - 4709
Elementary School District Lorain CSD - 4709
Year Built Source Public Records
Property Sub Type Additional Duplex
Legal Description W OF R FRNT 0040.00 DPTH 0220.00
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Interior
Basement Full Unfinished
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Half Baths 0
Total Bedrooms 4
Main Level Bathrooms 0
Total Baths 2
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Exterior
Parking Features Driveway
Water Source Public
Lot Size Area 0.19
Number of Buildings 1
Lot Size Acres 0.19
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded Features
List By
Kim Lewis

Listing Agent

Home Equity Realty Group

Broker

kim.lewis@heqrealty.com

Email

Affordability Calculator

$994
Per Month
90%
10%
0%
Monthly Principal & Interest
$893
Monthly Property Taxes
$101
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
4458042 Elementary School
4458082 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/15/2026$145,000 Listed Price

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2394 Elyria Avenue, Lorain, OH, 44055 is a Multi-Family Home for sale at $145,000 with a lot size of 0.19. 2394 Elyria Avenue has 4 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 44055 which is in Lorain, OH

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