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$165,000 Contingent

  • For Sale
  • Contingent
  • Multi-Family
  • 4 Total Beds
  • 1 Car Garage
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4-unit investor special! 2 buildings, one building on George St has 3 apartments, and the second building is the storefront. Total rents would be approximately $3000/mo fully-rented, professional management in place. Sturdy brick construction with newer roofs and vinyl siding, plus many updates such as: newer furnaces (one unit is heated by a boiler), storefront has central AC, upgraded electric panels, newer hot water tanks, separately-metered gas and electric, plus a 1-car garage. Great location near shopping, schools, freeway access and more! Just a little work to get this building up and running again.

Full Property Details for 1115 East Ave

General

  • Price: $165,000
  • Taxes: $4,405 (2024)
  • Status: Contingent
  • Type: Multi-Family
  • Source: 505
  • MLS ID: 5126634
  • Updated: 11/11/2025
  • Added to Site: 93 day(s) ago

Interior

  • Number of Rooms: 14

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Driveway, Garage

Location

  • County: Lorain
  • Township: Elyria
  • Driving Directions: East Ave, corner of George St
  • Direction Faces: East

School Information

  • Elem School District: Elyria CSD - 4706
  • Midd School District: Elyria CSD - 4706
  • High School District: Elyria CSD - 4706

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air, Gas, Hot Water, Steam

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • # Buildings: 2
  • Construction: Brick, Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Roof: Asphalt, Fiberglass
  • Stories/Levels: 2
  • Square Feet: 3,920
  • Living Area: 3,920 Sq. Ft.
  • Finished Above Grnd: 3,920 Sq. Ft.
  • Year Built: 1921
  • Year Built Source: Public Records

Lot Features

  • Lot Size (Acres): 0.1
  • Lot Size: .1
  • Lot Size Source: Public Records

Financial Considerations

  • Tax Amount: $4,405
  • Tax Year: 2024
  • Terms: Cash, Private Financing Available
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electricity, Gas

Disclosures and Reports

  • Disclosures/Rstr.: Principal is Real Estate Licensed
  • Property ID: 06-26-014-102-034

Listed by Century 21 Homestar, Michael A Ferrante and Century 21 Homestar, Jad Sandi

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Listing agents

— 1115 East Ave —

  • Michael A Ferrante

    Century 21 Homestar

  • Jad Sandi

    Century 21 Homestar

info@21mike.com, 216-373-7727

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1115 East Ave

School District:Elyria City School District
NameGradesDistance
Franklin Elementary School, Elyria, OH
1215 Middle Avenue, Elyria, OH 44035
K-40.2 mi
Westwood Middle School
42350 Adelbert Street, Elyria, OH 44035
5-83.3 mi
Elyria High School
311 6th Street, Elyria, OH 44035
9-120.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1115 East Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/16/2025
Listed
$165,000
-2.94%
MLS
6/16/2022
Sold
$170,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1115 East Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,405
16%
$73,294
95%
2023
$3,789
38%
$37,510
—
2021
$2,736
-43%
$37,510
—
2022
$4,776
68%
$37,510
—
2020
$2,845
1%
$37,510
—
2019
$2,816
1%
$37,510
—
2018
$2,786
-1%
$37,510
5%
2017
$2,820
2%
$35,686
—
2016
$2,778
52%
$35,686
43%
2015
$1,828
25%
$24,931
23%
2014
$1,460
2%
$20,203
—
2013
$1,435
—
$20,203
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Century 21 Homestar, Michael A Ferrante and Century 21 Homestar, Jad Sandi

1115 East Avenue, Elyria, OH 44035 (MLS# 5126634) is a Multi-Family property with units containing 4 bedrooms and 4 full bathrooms. 1115 East Avenue is currently listed for $165,000 and was received on October 16, 2025. Want to learn more about 1115 East Avenue? Do you have questions about finding other Multi-Family real estate for sale in Elyria? You can browse all Elyria real estate or contact a Coldwell Banker agent to request more information.

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