132 Irondale Street, Elyria, OH 44035
Local realty services provided by:Better Homes and Gardens Real Estate Central



132 Irondale Street,Elyria, OH 44035
$85,000
- 3 Beds
- 2 Baths
- - sq. ft.
- Single family
- Active
Listed by:christopher a frederick
Office:coldwell banker schmidt realty
MLS#:5119328
Source:OH_NORMLS
Price summary
- Price:$85,000
About this home
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
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Home facts
- Year built:1900
- Listing Id #:5119328
- Added:93 day(s) ago
- Updated:August 16, 2025 at 02:12 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
Heating and cooling
- Heating:Gas
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1900
- Lot area:0.11 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$85,000
- Tax amount:$1,705 (2024)
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