5 Water Street Elyria, OH $ 94,500
5 Water Street
$ 94,500
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5 Water Street

Elyria, OH, 44035
$ 94,500
Bedrooms4 Baths3.0 Sq 1,844

Monthly Estimate*

$ 582

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Single Family Home for sale in Elyria, OH

for $94,500 with 4 bedrooms and 3 full baths. This 1,844 square foot home was built in 1900 on a lot size of 0.17.

This lovely home is currently tenant occupied and has been rented out for 24 years. This large home can either be owner occupied or may be an investment property. Current tenant would like to remain. The home has 4 bedrooms on the second floor with a full bath. The main floor living space has a foyer, living room, dining room and large kitchen, also a full bathroom. The basement has a full bathroom, and the attic has a full bathroom that is not used. Windows are vinyl replacements, hot water tank is newer, furnace and A/C is 90% efficient. The 2 car detached garage door does not open (needs repair) and is not currently in use. This is a solid house that will need the new owners TLC. This home was previously used as a 4 unit rental prior to current owner who converted it to a single family rental. This home also passes annual section 8 inspections and is due for inspection. Currently renting out under market value on a month to month basis at $850.00 monthly and tenant paying all utilities. All trees were recently removed, and a new roof was installed 6/17/2026

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Single Family Active

Price

$ 94,500

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 1,763

Style

Lot Size

0.17

Year Built

1900

Town/City

Elyria

County/Region

Lorain

MLS | Web ID

5220268

Features
General
Sewer Public Sewer
Heating Forced Air Gas
Cooling Central Air Ceiling Fan(s) Window Unit(s)
Possession Delivery Of Deed
Roof Asphalt Fiberglass Pitched Shingle
Appliances Range
Garage Spaces 1
Patio/Porch Features Rear Porch Covered Deck Front Porch
Architectural Style Colonial
Security Features Smoke Detector(s)
Construction Materials Asphalt Frame Plaster Vinyl Siding
Year Built 1900
View City
Stories Count 3
Township Elyria
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2025
County Lorain
Property Type Residential
HOA false
Attached Garage false
Subdivision Name Black River
Garage Y/N true
Other Structures Garage(s)
Total Rooms 8
Full Baths 3
Status Active
Directions Broad St to Water St.
City Elyria
Disclosures Owner Is Listing Agent
High School District Elyria CSD - 4706
Lot Size Units Acres
Carport Y/N false
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 1763
Home Warranty Y/N false
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Elyria CSD - 4706
Elementary School District Elyria CSD - 4706
Year Built Source Public Records
Property Sub Type Additional Single Family Residence
Legal Description WATER ST 55 X 130 S/L 35-39
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Interior
Interior Amenities Entrance Foyer
Basement Full Unfinished
Total Fireplaces 0
Fireplace Features None
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows Insulated Windows Screens
Fireplace Y/N false
Above Grade Finished Area 1844
Half Baths 0
Laundry Features Washer Hookup In Basement
Total Bedrooms 4
Main Level Bedrooms 0
Main Level Bathrooms 1
Above Grade Finished Area Source Public Records
Total Baths 3
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Exterior
Exterior Amenities None
Fencing Back Yard Other
Parking Features Concrete Garage Faces Front Garage
Lot Features Back Yard City Lot Front Yard Paved Rectangular Lot
Water Source Public
Lot Size Area 0.17
Foundation Details Block Combination Stone
Lot Dimensions 55 x 130
Lot Size Acres 0.17
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded Features
List By
James Wall

Listing Agent

Russell Real Estate Services

Broker

jimwallrealestate@gmail.com

Email

Affordability Calculator

$729
Per Month
80%
20%
0%
Monthly Principal & Interest
$582
Monthly Property Taxes
$147
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
6/18/2026$94,500 Listed Price

Map


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5 Water Street, Elyria, OH, 44035 is a Single Family Home for sale at $94,500 with 1,844 sqft and a lot size of 0.17. 5 Water Street has 4 bedrooms, 3.0 baths, and was built in 1900. The property's zip code is 44035 which is in Elyria, OH