2839 Elyria Avenue Lorain, OH 44055

Multi-Family (2-4 Units) MLS #: 5101894 Courtesy Of Coldwell Banker Schmidt Realty

$165,000

6 beds | 2 baths | 2,195 sq ft
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Est. Property Tax: $1,217
Estimated monthly payments: $823/mo.* (recalculate)

Property InformationDescription

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!
MORTGAGE CALCULATOR

Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Cooling System: None
  • Exterior Type: Vinyl Siding
  • Heating System: Baseboard
  • Lot Size: 0.16 Acres
  • Roof Type: Asphalt

MAP & DIRECTIONS

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2839 Elyria Avenue, Lorain, OH 44055
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School Information

2839 Elyria Avenue, Lorain, OH 44055

Elementary School
Grades PK-5 | Public School
GARFIELD ELEMENTARY SCHOOL
Lorain, OH 44055
200 W 31st St
440.­246.1114
Distance: 0.3 mi
School Rating
C-
Student:Teacher Ratio
11:1
Total Students
205
Middle School
Grades 6-8 | Public School
GENERAL JOHNNIE WILSON MIDDLE SCHOOL
Lorain, OH 44052
2700 Washington Ave
440.­246.1020
Distance: 1.0 mi
School Rating
C
Student:Teacher Ratio
16:1
Total Students
419
High School
Grades 9-12 | Public School
NEW BEGINNINGS
Lorain, OH 44052
307 W 7th St
440.­277.8157
Distance: 1.5 mi
Student:Teacher Ratio
20:1
Total Students
101
High School
Grades 9-12 | Public School
LORAIN HIGH SCHOOL
Lorain, OH 44052
2600 Ashland Ave
440.­282.9191
Distance: 1.5 mi
School Rating
D
Student:Teacher Ratio
17:1
Total Students
1819
Other Nearby Schools Distance Type Grades School Rating
Stevan Dohanos Elementary School 0.9 mi Public PK-5 D
Hawthorne Elementary School 0.9 mi Public PK-5 D+
Horizon Science Academy Lorain 0.9 mi Public KG-12 C-
Washington Elementary School 1.0 mi Public PK-5 C-
Durling Middle School 1.2 mi Public 5-8 B-
St Peter School 1.3 mi Private PK-8
Clearview High School 1.3 mi Public 9-12 C-
Lorain Bilingual Preparatory Academy 1.5 mi Public KG-7 D+
Admiral King Elementary School 1.6 mi Public PK-5 D+
Frank Jacinto Elementary School 1.8 mi Public PK-5 D
Summit Academy School - Lorain 1.9 mi Public 6-12
Constellation Schools: Lorain Community Middle School 1.9 mi Public 5-8 C
Constellation Schools: Lorain Community Elementary School 1.9 mi Public KG-4 D+
Toni Wofford Morrison Elementary School 1.9 mi Public PK-5 C-
Longfellow Middle School 2.1 mi Public 6-8 C
Larkmoor Elementary School 2.2 mi Public PK-5 C+
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Lorain, OH 44055

Median Age: 39.8
Married: 24%
Number of Households: 7,744
Households with Children: 25.9%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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