3 Elyria OH Waterfront

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$279,900
5 Beds 3 Baths 5236104 MLS
Welcome to 425 West Ave, a beautifully restored 5-bedroom, 3-full-bath home in Elyria’s West by the River Historic District. Thoughtfully updated throughout, this home blends modern amenities with the craftsmanship and character that make historic homes so special. Inside, you’ll find beautifully refinished floors, original woodwork, newer paint, and spacious rooms filled with character. The updated kitchen features KraftMaid cabinetry, quartz countertops, and custom porcelain tile flooring. Off the dining room, a newer rear porch provides additional outdoor living space. The completely updated third floor adds exceptional versatility and can serve as an expansive primary living area featuring two bedrooms, a full bathroom with a separate tub and shower and a large walk-in closet. The space also offers the flexibility to function as an in-law suite or private guest area. With three levels of living space and five bedrooms, there’s plenty of flexibility for a variety of uses including two washer and dryer hookups, one on the second floor and another in the basement. The home also includes six newer saddle-style air conditioning units, providing added comfort throughout the home. Meticulously restored while preserving its original charm, this property combines the character and craftsmanship of a historic home with the updates and conveniences of modern living. A truly special property that’s ready for its next chapter.

425 West 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

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