Melanie Maltese
REALTOR®
BEDS4
BATHS2 full
MLS#5201394
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONBlack River Township
SCHOOLLorain City
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: None
Heating: Gas
Lot Size: 0.19 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $1,209 / year
Year Built: 1900
Feature Descriptions
Exterior: Brick
Parcel#: 02-00-093-107-007
Parking: Driveway
Sewer: Public Sewer
Water: Public
Local Schools
School District: Lorain City
Listed By / Shown By
Listed By
Agency Name: Home Equity Realty Group
Agency Contact: charles.lewis@heqrealty.com, 440-539-4864
Shown By
Agent Name: Melanie Maltese
Agent Phone: (330) 904-2526
Agency Title: DeHOFF REALTORS
Estimate Your Payment
Estimated Payment
$ 783.60 per month $640.56 Principal & Interest $100.75 Property Tax $42.29 Homeowner's InsuranceChange Payment Information
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2394 Elyria Avenue | MLS# 5201394
This multi-family property located at 2394 Elyria Avenue, Lorain, OH 44055 is currently listed for sale with an asking price of $145,000. Elyria Avenue is located within the Lorain City school district. Search Lorain real estate on melmaltese.dehoff.com today.