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132 Irondale Street, 
Elyria, OH 44035

$85,000


3

Beds


2

Baths


-

Sq Ft


Single Family

Active

440-327-2123

Last updated:

August 16, 2025, 02:12 PM

MLS#

5119328

Source:

OH NORMLS

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About This Home

132 Irondale Street

Attention investors—don't miss this fully rented, professionally managed opportunity with the option to retain or terminate management. This spacious 4-bedroom, 2 full bath colonial features a full bath on each level for added tenant comfort, a full basement, and a walk-up third-floor attic offering potential for expansion or convenient storage. The aluminum-sided exterior includes upgraded vinyl windows and a relaxing front porch, all nestled on a quiet street in an investor-friendly city known for low property taxes and a strong Section 8 rental market. A partially fenced backyard adds to the appeal, while inside you'll find some hardwood flooring for added durability and charm. Though the property is a foreclosure and being sold as is, it offers solid mechanical updates including an upgraded electrical panel, newer hot water tank, and furnace that appear to have many years of service left. The first-floor bathroom may need flooring, and a few cosmetic touches throughout could enhance value. Average rent for a 4-bedroom, 2-bath home in this area supports excellent cash flow potential. Currently tenant-occupied, showings require some notice. This is a smart addition to any portfolio—schedule your private tour today

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1900

Price Summary

85,000

MLS #:

5119328

Last Updated:

August 16, 2025, 02:12 PM

Added:

3 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2


Structure

Structure

Architectural Style:

Colonial

Year Built:

1900


Lot

Lot Size (Sq. Ft):

4,791


Finances & Disclosures

Finances

Price:

$85,000

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Contact an Agent

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.