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$209,999
4 Beds 2 Baths 5216495 MLS
Welcome home to a little bit of country right in the city of Elyria! Situated on over an acre of land, this spacious ranch offers the room and privacy you've been looking for while keeping you close to everyday conveniences. Inside, you'll find four spacious bedrooms and two full baths, including an updated primary bath. The generously sized living room provides plenty of space to relax and gather, while the kitchen offers abundant counter space and includes all appliances. A significant amount of clean-up and preparation has already been completed, giving the next owner a great starting point to make this home their own. Recent work includes septic clean-out, extensive interior and exterior cleaning, yard maintenance, updated light fixtures, and plumbing repairs. The basement has also been cleared out, with fresh Drylok applied to the walls and concrete floor. Outside, more than an acre provides plenty of possibilities—whether you envision gardening, outdoor entertaining, space for pets, or simply enjoying a little extra breathing room. Conveniently located near major highways, shopping, dining, and everyday amenities, this property offers a hard-to-find combination of acreage and city convenience. Bring your ideas and discover the possibilities this Elyria ranch has to offer. Schedule your private showing today!

41386 Schadden Road, Elyria

$359,900
5 Beds 3 Baths 5213791 MLS
Charming historical home perfect for Summer Gatherings! Walk through the front door of this historical gem, where modern comforts meet vintage character. This spacious home is perfect for entertainment and has enough room for everyone to enjoy. Not only does this one-of-a-kind home offer 5 bedrooms and 3 bathrooms, it also has a 5-CAR GARAGE that you won't want to miss! The third floor includes two bedrooms, a private updated bathroom, and a mini kitchen with a sink and fridge perfect for guests or your own private oasis! Enjoy outdoor entertaining with an impressive outdoor kitchen and patio (2020). This house has been thoughtfully updated from top to bottom with a newer roof (2020), tankless hot water tank (2023), and much more. This property is currently operating as a highly successful Airbnb, generating strong cash flow, making it an excellent turnkey investment opportunity or a beautiful primary residence with built-in income potential. The photos will give you an idea of what you'll be walking into, but you truly need to see this one for yourself! Nothing left to do but schedule a showing and move right in!

146 Harrison Street, Elyria

$69,500
3 Beds 2 Baths 5208107 MLS
Attention investors & owner-occupant buyers looking for a value-add opportunity! Vacant, easy to show, & ready for immediate occupancy, this spacious 4-bedroom, 2 full bath colonial offers excellent potential at an affordable price point. Home features a full bath on each level for added convenience, full basement, walk-up third-floor attic providing excellent storage or future expansion possibilities. Aluminum-sided exterior includes upgraded vinyl windows plus welcoming front porch, all situated on a quiet street in an investor-friendly city known for low property taxes and strong Section 8 rental/straight rent demand. Inside, you’ll find generous room sizes, some hardwood flooring for durability & charm, flexible floor plan ideal for both homeowners and tenants. A partially fenced backyard adds additional appeal for outdoor enjoyment. Foreclosure property is being sold as-is but already includes decent mechanical updates, including an upgraded electrical panel, newer hot water tank, & furnace that appears to be in good condition. First-floor bathroom may need flooring, and a few cosmetic improvements throughout could significantly enhance value and rental potential. Average rents for 4-bedroom, 2-bath homes in the area support strong cash flow, making this a smart addition to any investment portfolio or an affordable owner-occupied purchase with upside potential. Property will not qualify for FHA or VA financing. Don’t miss this opportunity!

132 Irondale Street, Elyria

$284,899
3 Beds 2 Baths 5212459 MLS
Welcome to 141 W Spring St in Elyria, located in the sought-after Ridge Water community. This fully upgraded ranch offers true one-floor living with thoughtful design and modern finishes throughout. Featuring 3 bedrooms and 2 full bathrooms, this home welcomes you with an open and airy floor plan filled with natural light. The kitchen is the heart of the home, complete with granite countertops, stainless steel appliances, a spacious center island, pantry storage, and stylish designer selections that elevate the space. The kitchen, dining, and living areas flow seamlessly together, creating the perfect layout for everyday living and entertaining. The owner’s suite is a private retreat with a generous walk-in closet and a beautifully appointed en-suite bath featuring a double vanity and a Roman style walk in shower. Two additional bedrooms and a second full bath offer flexibility for guests, family, or a home office. Convenience continues with first-floor laundry and an attached two-car garage. Step outside to your stamped concrete patio, an ideal space to relax, host, or enjoy your morning coffee. With many upgrades above the base model, this home stands out. Enhancements include irrigation and sprinkler system, upgraded luxury flooring, custom lighting, stamped concrete patio, and elevated design finishes throughout. Enjoy low maintenance living with an HOA that covers lawn care, snow removal, and gutter cleaning, giving you more time to enjoy your home and less time on upkeep. Located near I-90, I-80, parks, shopping, and dining, this property offers the perfect blend of comfort, convenience, and style. Special financing available for qualified buyers. This home qualifies for a conventional loan with 0% down, NO PMI, and $3,000 toward closing costs. Schedule your private showing today!

141 W Spring Drive, Elyria

$430,000
5 Beds 4 Baths 5208840 MLS
Timeless character and exceptional updates come together in this stunning 5-bedroom, 3.5-bath Colonial nestled in a highly sought-after neighborhood. Designed for both everyday living and effortless entertaining, the heart of the home is the incredible chef-inspired kitchen featuring an expansive 11-foot granite island, custom range hood, built-in refrigerator, cooktop, double ovens, and premium cabinetry. A thoughtfully designed wet bar with adjoining pantry adds even more function and style. Step outside to enjoy the beautifully landscaped backyard and stamped concrete patio, perfect for outdoor gatherings. The main level also offers a spacious dining room, inviting living room, private study, convenient half bath, and an impressive family room highlighted by a striking see-through fireplace. Upstairs, the second floor features a luxurious primary suite complete with a gas fireplace and spa-like marble bath with custom shower, along with two additional generously sized bedrooms and a large laundry room for added convenience. The third floor provides two more oversized bedrooms, abundant storage space, and a full bath, offering flexibility for guests, office space, or hobbies. The walk-out lower level includes a finished recreation area with newer carpet and lighting, while the unfinished section provides excellent storage and workshop potential. Completing the property is a rare two-story detached garage with loft-style space above.

126 Columbus Street, Elyria

$111,750
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

$111,750
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

$103,750
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

$203,750
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

$111,750
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

$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

$240,000
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 $1,525,000, 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

$145,800
4 Beds 2 Baths 5191632 MLS
This well-maintained, side-by-side ranch duplex offers an excellent opportunity for both investors and owner-occupants. Each unit features two bedrooms, one full bathroom, and comfortable single-level living. Durable vinyl plank flooring and fresh, neutral paint create a clean and inviting interior. The side-by-side layout provides added privacy for occupants, while the ranch-style design offers convenience and broad rental appeal. One unit is currently occupied by a stable tenant, and the second unit is vacant, creating the perfect opportunity to live in one side while collecting rental income from the other. Investors can also place a new tenant and add a solid income-producing property to their portfolio. Whether you are expanding your investment portfolio or looking for an affordable owner-occupied opportunity, this versatile duplex is worth a look!

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

$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

$244,000
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

$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

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