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$118,000
2 Beds 1 Baths 5205304 MLS
Cash-flowing rental with established tenancy at 508 Furnace St in Elyria, offered exclusively as part of a 19-unit portfolio-no individual sales. This occupied property generates $1,200 per month on a month-to-month lease, providing immediate income. The tenant is responsible for all utilities, helping to keep operating expenses low and enhance overall returns. The home offers a functional layout with strong rental appeal and is positioned in an area with consistent demand. A dependable addition to a larger portfolio, this asset contributes steady cash flow within a diversified, income-producing package. Multiple properties must be purchased.  Singular properties will not be considered.  Reach out to co-listing agent for details.

508 Furnace Street, Elyria

$118,000
2 Beds 1 Baths 5205332 MLS
Stabilized asset delivering immediate income at 429 14th St in Elyria, offered exclusively as part of a 19-unit portfolio-no individual sales. This occupied asset produces $1,000 per month on a month-to-month lease, providing immediate cash flow. The tenant is responsible for all utilities, helping to minimize operating expenses and maximize returns. The property features a functional layout with consistent rental appeal and is located in an area with steady demand. A solid addition to a larger portfolio, this asset contributes reliable income within a diversified, income-producing package within a diversified, income-producing package. Multiple properties must be purchased.  Singular properties will not be considered.  Reach out to co-listing agent for details.

429 14th Street, Elyria

$110,000
3 Beds 2 Baths 5205328 MLS
Cash-flowing asset with tenant in place at 231 Howe St in Elyria, offered exclusively as part of a 19-unit portfolio-no individual sales. This occupied property generates $1,300 per month on a month-to-month lease, providing immediate rental income. The tenant is responsible for all utilities, helping to keep operating expenses low and maximize net returns. The home features a functional layout with strong rental appeal and is situated in an area with consistent demand. A solid addition to a larger portfolio, this property contributes steady income and operational efficiency within a diversified, income-producing package. Multiple properties must be purchased.  Singular properties will not be considered.  Reach out to co-listing agent for details.

231 Howe Street, Elyria

$210,000
4 Beds 4 Baths 5205281 MLS
Income-generating property with established tenancy 122 Elbe St in Elyria, offered exclusively as part of a 19-unit portfolio-no individual sales. This fully occupied four-unit property delivers strong, immediate cash flow with current rents of $725, $760, $760, and $900, all on month-to-month leases, providing consistent income across the building. Expense structure varies by unit, with owner-paid water, sewer, and trash throughout, gas included for two units, and tenants responsible for remaining utilities. The property offers a functional multi-unit layout with steady rental demand, supporting long-term occupancy. Ideal for investors seeking to expand their portfolio with a stabilized asset, this property contributes reliable income as part of a larger, income-producing portfolio.

122 Elbe Street, Elyria

$118,000
3 Beds 2 Baths 5205271 MLS
Turnkey income-producing asset at 102 Water St in Elyria, offered exclusively as part of a 19-unit portfolio-no individual sales. This income-producing property is tenant-occupied on a month-to-month lease at $1,600 per month, providing immediate cash flow, with the tenant responsible for all utilities to help maximize net returns. The property features a functional layout with strong rental appeal and has been maintained to support consistent occupancy. Located near key amenities, employment centers, and major thoroughfares, it benefits from steady tenant demand. Ideal for investors seeking to scale their holdings with a performing asset, this property contributes to a larger, stabilized portfolio with built-in income and operational efficiency. Multiple properties must be purchased.  Singular properties will not be considered.  Reach out to co-listing agent for details.

102 Water Street, Elyria

$185,000
5 Beds 3 Baths 5204723 MLS
229 5th St, Elyria, OH 44035 — Mixed-Use Opportunity Awaits. Discover the untapped potential of this versatile mixed-use property located in the heart of Downtown Elyria. Zoned for mixed use, this unique offering features a former chiropractic office on the first floor and a comfortable two-bedroom, one-bathroom apartment on the second floor — ideal for the savvy investor or owner-occupant who dreams of living upstairs while running a business below.**Renovation Potential That Inspires.** The expansive first-floor office space is primed for conversion into one or multiple residential apartments, and the large attic space offers even more opportunity — the current owner has architectural drawings already prepared for completing an additional apartment upstairs. Whether you envision a thriving multi-unit rental property or a creative live-work arrangement, the possibilities here are truly exciting.**Parking That Delivers.** A generous gravel parking lot accessible from Barres Street, combined with a private driveway off 5th Street, provides multiple ingress and egress points — a rare advantage for both residential tenants and commercial visitors alike. Efficiency is built in, with separate HVAC and hot water systems

229 5th Street, Elyria

$185,000
5204709 MLS
229 5th St, Elyria, OH 44035 — Mixed-Use Opportunity Awaits. Discover the untapped potential of this versatile mixed-use property located in the heart of Downtown Elyria. Zoned for mixed use, this unique offering features a former chiropractic office on the first floor and a comfortable two-bedroom, one-bathroom apartment on the second floor — ideal for the savvy investor or owner-occupant who dreams of living upstairs while running a business below.**Renovation Potential That Inspires.** The expansive first-floor office space is primed for conversion into one or multiple residential apartments, and the large attic space offers even more opportunity — the current owner has architectural drawings already prepared for completing an additional apartment upstairs. Whether you envision a thriving multi-unit rental property or a creative live-work arrangement, the possibilities here are truly exciting.**Parking That Delivers.** A generous gravel parking lot accessible from Barres Street, combined with a private driveway off 5th Street, provides multiple ingress and egress points — a rare advantage for both residential tenants and commercial visitors alike. Efficiency is built in, with separate HVAC and hot water systems.

229 5th Street, Elyria

$170,000
3 Beds 1 Baths 5203374 MLS
In the Keystone Local School District, you’ll find this comfortable ranch tucked into a quiet, out-of-the-way neighborhood. It’s the kind of place where the noise fades, the air feels a bit clearer, and you can actually hear yourself think. This home keeps things simple—in the best way. A ranch, with everything on one level, so no running stairs all day. It’s easy living, plain and practical. Whether you’re coming in from a long day’s work or just easing into a quiet morning with a cup of coffee, the layout just makes sense. The property itself is low-maintenance, so you’re not spending all your free time keeping up with it. That leaves more room for the things that matter—sitting out back in the evening, enjoying the quiet, maybe watching the sun go down while the world slows to a steady pace. If you’re after a home that offers a simpler way of living, just far enough removed to feel like your own little corner of the world, and where quiet isn’t hard to come by and life feels a bit more grounded, this one’s worth a look. Book your showing today!

10924 Libby Avenue, Elyria

$249,000
3 Beds 2 Baths 5203218 MLS
Welcome to this gorgeous, fully remodeled 3 bedroom 2 bathroom house with all the works. Every inch of this home has been upgraded with high-end finishes, including all new dimmable light fixtures, luxury vinyl flooring throughout, tile backsplash , and stone countertops. The main living space offers the ultimate open floor plan with the living room open to both the kitchen and dining space. All one floor living with a conveniently located laundry closet off the main hall. This home boasts a second living space with sliding doors to the back concrete patio and a custom entry bench. The garage is partially finished with lighting and electricity, and the driveway is double wide with lots of space for parking. This property has two parcels with a large treelined backyard, and side yard space. Located in a very desirable Elyria Township neighborhood. Schedule your showing today!

42009 Adelbert Street, Elyria

$210,000
5201644 MLS
A rare opportunity to acquire a 19-unit, 12-property scattered-site portfolio across Elyria and Lorain at $1,700,000, just 25 miles west of Cleveland. Fully occupied, the portfolio delivers $169,684 in NOI at a 9.98% cap rate, $66,377 in annual net cash flow, and a 15.02% cash-on-cash return on a $442,000 total investment. The seller is actively leasing the 2 remaining vacant units at rents consistent with the in-place portfolio, making this a stabilization-in-progress buy rather than a speculative one. The income is built on a foundation of heavy Section 8 participation across a market with deep voucher infrastructure. The Lorain Metropolitan Housing Authority manages over 3,100 active Housing Choice Vouchers, paying landlords an average of $1,075 per month, and Lorain County ranks 13th highest in Ohio by Fair Market Rent with the 2-bedroom FMR at $1,208. In-place rents across the portfolio range from $725 to $1,600, all at or below FMR, with predominantly tenant-pays-electric lease structures keeping operating costs lean. The demand fundamentals across both markets are structural. Elyria and Lorain together represent over 118,000 residents with renter-occupied rates of 39.9% and 44.2% respectively, supported by a Lorain County employment base of 150,000 jobs that grew 1.55% year-over-year. Median home values in the $140,000 to $154,000 range continue to push a significant share of the workforce into long-term rental demand. For the investor building a cash-flow-first, Section 8-anchored portfolio in a market that still prices like it is underappreciated, this offering is worth a close look.

122 Elbe Street, Elyria

$329,900
4 Beds 2 Baths 5200945 MLS
Elyria Township! 4 Bedroom, 2 bath colonial. All new inside & out. 25-year dimensional roofing. Complete tear off. Double 4 Dutch lap vinyl siding and double hung vinyl windows. Seal coated black top asphalt driveway. Inside includes custom kitchen with tall 42" upper cabinets and stainless-steel appliances with fridge to be installed before transfer. 2 full baths with twin bowl vanity in main. with 1st floor master bedroom master bath with walk in closets. LVT Hard surface flooring throughout main level, carpet in the bedrooms. 1st floor laundry room. Living room has a bay window with a seating bench, fireplace, ceiling fan. There is a walk-up attic. All the outlets, switches, lighting, doorknobs, hinges, hardware and much more are new. Outside has a new era metal pole barn/ garage and a patio fireplace. New landscaping. It is also fenced (chain link). property sits on a 120 ft frontage double wide lot. Same owner since 2008. Retiring, must sell. Excellent buy for the area!!

41796 Adelbert Street, Elyria

$150,000
4 Beds 2 Baths 5191632 MLS
This well-maintained side-by-side ranch multifamily property offers a fantastic investment opportunity with both units fully rented. Each unit features 2 bedrooms and 1 full bathroom, providing comfortable single-level living that appeals to a wide range of tenants. Inside, you'll find durable vinyl plank flooring throughout and fresh neutral paint. With stable rental income already in place, this property is ideal for investors looking to add a turnkey, income-producing asset to their portfolio. The ranch-style design offers convenience and broad tenant appeal, while the side-by-side configuration provides added privacy for occupants. Whether you're expanding your portfolio or entering the multifamily market, this fully occupied duplex offers a solid opportunity.

211 Brace Avenue, Elyria

$65,000
5193131 MLS
Prime 1.99-acre riverfront parcel in Elyria, zoned R-TH and permitting a duplex by right. This rare in-city offering provides a large, flexible building envelope near the road with city utilities available nearby (buyer to verify). The front portion of the property offers practical, accessible development area, while the rear acreage features mature trees and a natural slope toward the river—an ideal setting for walk-out lower levels, elevated decks, and private outdoor living spaces. With approximately 230 feet of scenic river frontage, the site delivers a unique combination of privacy, natural beauty, and development potential. R-TH zoning allows two-household residential construction without the need for rezoning or variances, streamlining the path to permitting and build-out. The surrounding area shows strong demand for new, high-quality rental and owner-occupied duplex units, making this an excellent opportunity for build and hold investors, builders seeking a marketable new construction product, or buyers looking to create a multi-generational living arrangement. Conveniently located near major roadways, schools, and city services, this nearly 2 acre parcel offers both accessibility and long term value. A standout development opportunity combining acreage, utilities, and river frontage within Elyria city limits. Buyer to perform all due diligence regarding utilities, setbacks, and building requirements.

V/L EAST Avenue, Elyria

$69,000
3 Beds 2 Baths 5190114 MLS
Discover comfort and convenience in this beautifully maintained manufactured home, located in the desirable West Ridge Green Mobile Home Community! Built in 2021, this 3 bedroom, 2 bath home features a bright open-concept with a spacious living room and large eat-in kitchen, with ALL appliances included! This residence also comes with an additional, transferrable home warranty that provides coverage to the property until February 25th 2027. The master suite includes its own private, full bathroom and walk in closet, while the two additional bedrooms provide plenty of space for family, guests or a home office. Outside you have a lot with room to relax and enjoy the peaceful surroundings, while located very close to the park main office and the mailboxes. West Ridge Green provides year round community activities and gatherings, basketball court, play ground, and pool! Conveniently located near all major highways in Lorain County, schedule an appointment to view this home today!

135 Inglewood Place, Elyria

$74,000
3 Beds 2 Baths 5191401 MLS
Welcome to Your New Home in Twin Lakes! This beautifully maintained 2017 manufactured home offers comfortable one-floor living in the sought-after 55+ gated community of Twin Lakes. Featuring 3 spacious bedrooms and 2 full baths, this home is perfect for those seeking both style and convenience. Step inside to discover an open-concept layout highlighted by a spacious kitchen with a large island and all appliances included perfect for entertaining or everyday living. The inviting living and dining areas create a seamless flow throughout the home. Enjoy your morning coffee or unwind with stunning sunset views from your charming front porch. The primary bedroom suite includes a private full bath and generous closet space, making it your own peaceful retreat. Twin Lakes offers an active and welcoming lifestyle with amenities such as a community center, exercise room, book club, game and card nights, bingo, potluck dinners, fishing, and much more. This home truly has it all modern comfort, community activities, and a serene setting. Don't miss your chance to call it home! Reach out to schedule your own private showing!

362 Pin Oak Circle, Elyria

$140,000
3 Beds 1 Baths 5189304 MLS
Extensively renovated, spacious 3 bedroom, 1 bathroom house with an excellent layout. The house has too many updates to list here, but a few are new kitchen cabinets, countertop, vanity, toilet, tub surround, quality luxury vinyl plank flooring including in attic, light fixtures, electric box, hot water tank, garage door, dehumidifier, drywall on the first floor, paint, etc. The house has a finished walk-up attic that could be used as a spare room for multiple purposes. The second floor has three bedrooms and one bathroom. Downstairs has a foyer, a huge living room, and a kitchen. The house has a garage and a basement. The furnace and half the roof were replaced within the last three years. The other half of the roof was just done this August.

807 Woodland Avenue, Elyria

$30,000
5187448 MLS
Build your dream home on this beautiful 0.24-acre lot located on a quiet cul-de-sac at 714 Hammer Court in Elyria. Situated in an established neighborhood with well-maintained homes, this property offers the perfect blend of privacy and convenience. With approximately 79 by 130 feet, this spacious homesite provides plenty of room to design the custom home you have been envisioning, along with outdoor living space, gardens, or additional features that fit your lifestyle. There is no HOA, giving you flexibility to build within city guidelines without additional association restrictions. Located just minutes from Midway Mall, shopping, restaurants, grocery stores, parks, and easy access to I 90 and Route 57, you will enjoy both peaceful neighborhood living and quick access to everyday amenities. City utilities are available at the street. Builders are available if you need assistance bringing your plans to life. Whether you are ready to build now or planning for the future, this is a rare opportunity to secure a great homesite in a desirable location.

714 Hammer Court, Elyria

$269,000
5187431 MLS
Excellent mixed-use investment opportunity in the heart of Elyria. This property offers a versatile layout combining commercial and residential, making it ideal for investors seeking steady cash flow and long-term appreciation. The property features flexible commercial space on the main level with residential unit(s) above, providing multiple income streams under one roof. Warehouse shop area with its own restroom and office area. Two remodeled apartments upstairs, garage doors for access to the warehouse. Strong rental demand in the area, convenient access to major roadways, and proximity to downtown amenities enhance the property’s appeal. Separate utilities, off-street parking, and functional floor plan add to the investment value. Perfect opportunity to add a mixed-use asset to your portfolio in a growing market. Great for seasoned investors or those looking to start building long-term wealth through real estate.

154 Woodbury Street, Elyria

$199,900
5187414 MLS
High-traffic location in a prime commercial corridor. Property was the longtime home of Dempsey's Appliance for over 50 years, demonstrating strong visibility and proven commercial use. The building offers over 3,300 square feet and has received extensive updates by the current owners. Updates include completely updated electric and plumbing systems, brought up to current code, along with new commercial carpeting throughout, new drywall walls, and new ceilings. The interior features approximately six offices, a retail/showroom area, receiving bay, kitchen area, finished living space, and a large warehouse/storage area. Two half baths and an exterior storage shed are also included. The property is suitable for a wide range of uses including professional offices, automotive-related businesses, retail storefront, light manufacturing, warehouse, wholesale operations, call center, and more. Ample off-street parking available.

433 Oberlin Road, Elyria

$117,500
3 Beds 2 Baths 5184035 MLS
Welcome home to Pikewood Manor! This beautifully maintained 2020 double-wide is located in the welcoming community of Pikewood Manor in Elyria, where modern design meets everyday comfort. Offering 1,440 square feet of open-concept living space, this spacious 3-bedroom, 2-bath home features both a bright living room and a separate family room, making it ideal for entertaining or relaxed family living. The gorgeous kitchen boasts a large island and a walk-in pantry, while the private primary suite includes its own bath and an oversized walk-in closet. A dedicated laundry area with washer and dryer is included, and all appliances stay—refrigerator, range, dishwasher, and microwave—making this home truly move-in ready. Outside, you’ll enjoy a private driveway and a spacious yard perfect for gardening or outdoor seating. Residents of Pikewood Manor have access to wonderful community amenities including a swimming pool, playground, and a private pond for fishing or row boating. Lot rent is $585 per month and includes trash pickup and access to amenities (water and sewer not included; park approval required). Flexible in-house financing options are available to help make ownership simple and accessible. Conveniently located just minutes from shopping, restaurants, and I-90, this home offers peaceful surroundings with easy access to city conveniences. Don’t miss your opportunity to own a modern home in one of Elyria’s most inviting communities—schedule your showing today!

348 Robin Drive, Elyria

$299,900
5185524 MLS
Established bar for sale with three additional parcels included. Sale includes the bar building, land, and all bar equipment, fixtures, and furnishings. Attached kitchen equipped with pizza ovens, griddle, double basket fryer and commercial refrigerator and freezer, allowing for continued or expanded food service. Liquor license is transferable. Turnkey operation with an existing customer base. Owner may consider financing for qualified buyers. Property offers flexibility for continued use, expansion, or potential redevelopment. Ideal for owner-operator or investor. Financial information available to qualified buyers. Please do not approach the staff about the business or sale. A loft for a DJ and a partial basement for additional storage. Three new furnaces and a Heat Pump with AC. Keg Cooler, Freezer, and Refrigerator 2023, new roof on pizza shop 2024, new siding and much more. Current owners are ready to retire and turn the keys over to a new owner to continue this special neighborhood business.

703 Lake Avenue, Elyria

$242,900
2 Beds 2 Baths 5180209 MLS
Welcome to the Windsor Model at 208—a brand-new ranch home with no steps and the best value in new construction in Northeast Ohio! Located in the well-established Windsor Place community, this home is just minutes from everyday conveniences, Valley of the Eagles and Cherry Ridge Golf Courses, local parks, and only 20 minutes from Crocker Park. This thoughtfully designed home features an efficient, homeowner-approved layout with recent enhancements to maximize functionality and comfort. The open-concept great room boasts vaulted ceilings, creating a bright and inviting space for everyday living and entertaining. The kitchen offers a spacious breakfast bar, pantry, recessed lighting, and stainless steel appliances—all included. A generously sized laundry room includes a utility tub and an oversized closet, perfect for small appliances, seasonal storage, or pantry overflow. The owner’s suite features a private full bath with a linen closet, a nicely sized vanity, and a one-piece vinyl shower designed for easy entry and low maintenance. You'll rave over the size of the walk in closet! A comfortable guest bedroom includes a double closet, and the full guest bath also offers a convenient linen closet.Enjoy truly low-maintenance living with a monthly fee that covers lawn care and snow removal. The garage is oversized compared to other builder's standards at 21x23 leaving you space for vehicles and storage etc. Additional homesites are available, including quicker move-in options, end units, and homes with porches or basements. Photos are for demonstrative purposes only and may not reflect the actual finishes present in specific listings. Verify finishes on site.

208 Alexander Drive, Elyria

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