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2394 Elyria Avenue

Lorain OH 44055

4
2
0.19 ac.
Duplex
Currently for sale - view listing

Overview

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.

Features

4 bedrooms
2 bathrooms
0.19 ac. lot size
Duplex

Property history for 2394 Elyria Avenue

2024
Sold
$86,000
30 Sep 2024 by Christopher Frederick, of Coldwell Banker Schmidt Realty
2021
Sold
$62,000
29 Dec 2021 by David Stokes, of Lokal Real Estate, LLC.

Happy sellers in Lorain

94%
94% of sellers in Lorain reported that their sale price either exceeded or met their price expectations.

Lorain stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Lorain over the last 12 months.

Local market activity for 4 bedroom duplexes in Lorain

In the last 12 months, 10 four-bedroom duplexes similar to 2394 Elyria Avenue, have been sold.

This represents a 50% decrease in four-bedroom duplexes sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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