2839 ELYRIA AVENUE, LORAIN, OH 44055

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$159,000

bedrooms

bathrooms

square feet

2,195

Acreage

0.16

Open Houses

year built

1900

Full Baths

Half Baths

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Exceptional investment opportunity! This remodeled and updated 6-bedroom, 2-bath duplex (3 bed/1 bath per unit) offers a spacious and modern living environment with updated vinyl siding, energy-efficient windows, and durable luxury vinyl flooring throughout. Situated on a partially fenced, generously sized lot in a desirable suburban location, this property is perfect for investors or owner-occupants looking to offset their mortgage with rental income. The first-floor unit is currently rented, while the second-floor unit is rent-ready and available for immediate occupancy. Large, light-filled rooms provide a comfortable and inviting atmosphere, making it an attractive option for long-term tenants. Ideal for traditional rentals or Section 8 housing, this property offers excellent cash flow potential with professional property management available if needed. A full open basement provides additional storage or expansion opportunities. Invest in a quality property with strong rental demand and enjoy the benefits of suburban investing—fewer regulations, better tenants, and higher returns. Don’t miss this fantastic opportunity—schedule your private tour today!

Location
Subdivision	-
County	Lorain County
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 5101894

Listing agent: Christopher Frederick

Listing broker: Coldwell Banker Schmidt Family Of Companies

Copyright © 2025 Coldwell Banker Schmidt REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Thursday, April 17 2025 at 11:27 p.m. EDT

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