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Active
  • Price cut: $2K (8/21)
    $128,000

    2394 Elyria Ave, Lorain, OH 44055

    4beds
    --sqft
    : 
    $950/mo
    Get pre-qualified
    Duplex, Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Brick duplexTwo well-maintained units
    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.
    39 days
    234
    7

    Zillow last checked:

    Listing updated:

    Listed by:

    Kim Lewis 440-539-4864 charles.lewis@heqrealty.com,

    Home Equity Realty Group,

    Charles Lewis 440-539-4864,

    Home Equity Realty Group

    Source: MLS Now,MLS#: 5231115MLS LogoOriginating MLS: Medina County Board of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Gas
      Cooling
      • None
      Features
      • Basement: Full,Unfinished
      Video & virtual tour

      Property

      Parking
      • Parking features: Driveway
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 8,276 Square Feet
      Details
      • Parcel number: 0200093107007
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex, Multi Family
      Materials
      • Brick
      • Roof: Asphalt,Fiberglass
      Condition
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Black River Township
      Location
      • Region: Lorain

      Financial & listing details

      • Tax assessed value: $86,000
      • Annual tax amount: $1,209
      • Date on market: 7/28/2026
      • Cumulative days on market: 40 days
      • Listing terms: Cash,Conventional
      • Tenant pays: Electricity, Gas

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/21/2026Price change$128,000-1.5%
        Source: MLS Now #5231115 Report a problem
        7/28/2026Listed for sale$130,000-10.3%
        Source: MLS Now #5231115 Report a problem
        6/17/2026Listing removed$145,000
        Source: MLS Now #5201394 Report a problem
        4/30/2026Listed for sale$145,000
        Source: MLS Now #5201394 Report a problem
        4/23/2026Contingent$145,000
        Source: MLS Now #5201394 Report a problem
        4/15/2026Listed for sale$145,000+68.6%
        Source: MLS Now #5201394 Report a problem
        9/30/2024Sold$86,000-4.3%
        Source: MLS Now #5068790 Report a problem
        9/10/2024Listed for sale$89,900+45%
        Source: MLS Now #5068790 Report a problem
        12/29/2021Sold$62,000-5.9%
        Source: MLS Now #4331863 Report a problem
        12/8/2021Pending sale$65,900
        Source: MLS Now #4331863 Report a problem
        11/15/2021Contingent$65,900
        Source: MLS Now #4331863 Report a problem
        11/9/2021Listed for sale$65,900
        Source: MLS Now #4331863 Report a problem
        7/5/2016Listing removed$495+10%
        Source: Go Section8 Report a problem
        2/17/2016Listing removed$450
        Source: Zillow Rental Network Report a problem
        2/2/2016Price change$450-9.1%
        Source: Sandstone Realty Report a problem
        11/4/2015Listed for rent$495
        Source: Sandstone Realty Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,209 -31.8%$30,100 -28.2%
        2024$1,773 +92.3%$41,950 +140.4%
        2023$922 +0.9%$17,450
        2022$914 +0%$17,450
        2021$914 -1.7%$17,450 +13.2%
        2020$930 +0.6%$15,420
        2019$925 0%$15,420
        2018$925 +17.7%$15,420 +24.9%
        2017$786 +0.8%$12,350
        2016$780 +5.8%$12,350
        2015$737 +8.3%$12,350 +8%
        2014$680 +0.8%$11,440
        2013$675 +3.3%$11,440
        2012$653 $11,440
        2011-- --
        2010-- --
        2009-- --
        2008$928 +0.4%--
        2007$924 +0.3%--
        2006$921 -4.3%--
        2005$963 +2.8%--
        2004$937 +1.4%--
        2003$923 +15.7%--
        2002$798 -0.2%--
        2001$800 +18.2%--
        2000$677 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 44055

        Getting around

        50 / 100
        Somewhat Walkable
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Lorain CSD - 4709

        Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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