$123,000
 $818 est/mo Sourced by Back At You

228 Gates,Elyria, OH 44035

Elyria, OH 44035

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Description

Great turn-key investment opportunity! This well-maintained duplex features 2 bedrooms and 1 full bathroom in each unit, with spacious living rooms, remodeled kitchens, and updated bathrooms. The upstairs unit is now **vacant and move-in ready** and has been **professionally painted and cleaned**, making it a great option for an owner-occupant or a new tenant. The downstairs unit is currently occupied by a month-to-month tenant paying **$875/month**. Recent improvements include basement waterproofing and a sump pump in 2022, newer hot water tanks (2019), furnaces (2021 upstairs and 2017 downstairs), and newer refrigerators in both units. Tenants pay their own utilities except water and sewer. The property features a slate roof that is in good condition and offers plenty of basement storage. Conveniently located near shopping, Downtown Elyria, schools, and other local amenities. Whether you're looking to house hack or add another income-producing property to your portfolio, this duplex offers plenty of potential. Schedule your showing today!

Details

MLS #5244165
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year1900
Days On Site14
Listing Provided ByEXP Realty, LLC. | George Vujadinovic

Features

Bed(s)4
Bath(s) 2 Total
SQ Feet1,491
BasementY
Story(s)2
Acreage0.08

Parking

Garage Yes / NoNo
Parking FeaturesNo Garage, Paved

Taxes

Tax Annual Amount1494

Area Information

StateOH
CountyLorain
CityElyria
Zip Code44035
Community NameGates
Listing VS Median (in Gates)
Price:
$123,000
low | high
Med:
$111,500
59.349593495935% of Average
sqft:
1,491
low | high
Med:
2,027
14.084507042254% of Average
$ / sqft:
$82
low | high
Med:
$61
76.342796214847% of Average
On site:
14
low | high
Med:
7
100% of Average
Sourced by Back At You

Market Activity 44035

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Learn More About This Property

StateOH
CountyLorain
CityElyria
Zip Code44035
Community NameGates
Listing VS Median (in Gates)
Price:
$123,000
low | high
Med:
$111,500
59.349593495935% of Average
sqft:
1,491
low | high
Med:
2,027
14.084507042254% of Average
$ / sqft:
$82
low | high
Med:
$61
76.342796214847% of Average
On site:
14
low | high
Med:
7
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $92K - $153K
sqft: 1,000 - 1,500
Nearby Listings Property ImageNearby Listings Details
166 Pinewood Drive Property Photo 1
$210,000
166 Pinewood Drive
Elyria, OH 44035
Listing Updated: September 11, 2026 at 12:24:17 PM PDT
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