2394 Elyria Avenue, Lorain, OH 44055

Lorain
Local realty services provided by:Better Homes and Gardens Real Estate Central
2394 Elyria Avenue,Lorain, OH 44055
$124,900
Virtual Tour
  • 4 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: kim lewis, charles lewis
Office: home equity realty group
MLS#:5231115
Source:OH_NORMLS

Price summary

  • Price:$124,900

About this home

Brick duplex investment opportunity in Lorain featuring two well-maintained units, each offering 2 bedrooms and 1 bathroom, ideal for steady tenant demand. Both units are fully occupied at $950/month with leases in place through November 2026 and January 2027, providing immediate and reliable cash flow. Tenants are responsible for electric and gas, while the owner covers water, helping maintain manageable expenses. Seller also owns multiple properties throughout Cleveland, Lorain, and Akron and is willing to sell properties individually or as packaged portfolios, giving buyers the flexibility to pick and choose assets to fit their investment strategy.

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Home facts

  • Year built:1900
  • Subdivision & Development:Black River Township
  • Listing ID #:5231115
  • Added:101 day(s) ago
  • Updated:November 07, 2026 at 09:39 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:8
  • Basement:Yes
  • Basement Description:Full, Unfinished

Heating and cooling

  • Heating:Gas

Structure and exterior

  • Roof:Asphalt, Fiberglass
  • Year built:1900
  • Lot area:0.19 Acres
  • Construction Materials:Brick
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$124,900
  • Tax amount:$1,209 (2025)

Parking

  • Parking description:Driveway
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