2394 Elyria Avenue, Lorain, OH 44055

$145,000

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BEDS4 BATHS2 full MLS#5201394

STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONBlack River Township SCHOOLLorain City

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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.

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 abernardi.mcrealestateohio.com today.

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

Days on Site: 27

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: Ashley Bernardi
Agent Phone: (440) 823-0611
Agency Title: M.C. Real Estate

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Estimated Payment

$ 465.75 per month $322.71 Principal & Interest $100.75 Property Tax $42.29 Homeowner's Insurance

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2394 Elyria Avenue, Lorain, OH 44055

$145,000

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/13/2026. The listing information on this page last changed on 05/13/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 05/13/2026 1:09:58 PM EST) or MLS NOW (last updated Wed 05/13/2026 1:08:12 PM EST). Real estate listings held by brokerage firms other than M.C. Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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