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2839 Elyria Avenue, 
Lorain, OH 44055

$159,000


6

Beds


2

Baths


2,195

Sq Ft


Multi-Family

Active

440-327-2123

Last updated:

April 30, 2025, 02:16 PM

MLS#

5101894

Source:

OH NORMLS

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About This Home

2839 Elyria Avenue

Exceptional investment opportunity! This remodeled and updated 6-bedroom, 2-bath duplex (3 bed/1 bath per unit) offers a spacious and modern living environment with updated vinyl siding, energy-efficient windows, and durable luxury vinyl flooring throughout. Situated on a partially fenced, generously sized lot in a desirable suburban location, this property is perfect for investors or owner-occupants looking to offset their mortgage with rental income. The first-floor unit is currently rented, while the second-floor unit is rent-ready and available for immediate occupancy. Large, light-filled rooms provide a comfortable and inviting atmosphere, making it an attractive option for long-term tenants. Ideal for traditional rentals or Section 8 housing, this property offers excellent cash flow potential with professional property management available if needed. A full open basement provides additional storage or expansion opportunities. Invest in a quality property with strong rental demand and enjoy the benefits of suburban investing—fewer regulations, better tenants, and higher returns. Don’t miss this fantastic opportunity—schedule your private tour today!

Home Facts

Multi-Family

2 Baths

6 Bedrooms

Built in 1900

Price Summary

159,000

$72 per Sq. Ft.

MLS #:

5101894

Last Updated:

April 30, 2025, 02:16 PM

Added:

2 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,195 Sq. Ft.


Structure

Structure

Building Area:

2,195 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

6,969


Finances & Disclosures

Finances

Price:

$159,000

Price per Sq. Ft:

$72 per Sq. Ft.

MLS Logo
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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.