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429 14th 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

231 Howe 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

122 Elbe 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

102 Water 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

122 Elbe 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

211 Brace Avenue, Elyria
$129,000
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

V/L EAST 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

807 Woodland 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

154 Woodbury Street, 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

348 Robin Drive, 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

703 Lake Avenue, 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

352 8th Street, Elyria
$7,999
5138410 MLS
Buildable Lot in Elyria ~ Affordable Opportunity! Don't miss this affordable opportunity to own a .25 acre buildable lot in the heart of Elyria. Measuring approximately 66' wide by 165' deep, this spacious parcel offers plenty of room for a single family home, garage or investment property. Located in a quiet residential neighborhood, the lot provides easy access to local schools, parks, shopping and major highways, making it ideal or homeowners or builders looking for a convenient and well positioned site. Utilities available at the street (buyer to verify). Whether you're looking to build now or invest for the future, this competitively priced lot is a smart buy. .25 acres (66x165) Residential Zoning take the next step toward your new build ~ schedule a visit today and explore the potential this property has to offer!

352 8th Street, Elyria

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