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$99,999
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Property Description
Major Potential Fixer-Upper - Perfect for Investors & DIY Buyers! Unlock the full value of this 1930s property! Located in a convenient Elyria neighborhood, 120 Taft Ave offers a fantastic blank canvas for anyone ready to tackle a renovation project. Whether you are an investor looking for your next fix-and-flip/rental portfolio addition or a handy homeowner wanting to build instant sweat equity, this property is priced to reflect its need for a complete transformation. Why This Project WorksFor Investors: Manageable square footage keeps gut-rehab and material budgets tightly contained. Features a functional footprint, a detached garage, and strong upside potential compared to fully updated neighborhood comps. Excellent candidate for a wholesale, flip, or buy-and-hold rental strategy. For Retail Buyers & Contractors: Bring your Pinterest boards, tools, and contractor estimates! This home needs some renovation work, allowing you to design and customize every single finish to your exact taste while gaining instant value. Close to local schools, parks, and downtown Elyria conveniences with quick access to area roadways.
Full Property Details
Full Property Details for 120 Taft Ave
General
- Price: $99,999
- Taxes: $2,800 (2025)
- Status: Active
- Type: Single Family
- Source: 505
- MLS ID: 5238287
- Updated: 8/24/2026
- Added to Site: 11 day(s) ago
Interior
- Number of Rooms: 6
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 1
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Detached, Garage
Location
- County: Lorain
- Township: Elyria
- Subdivision: Mendelsons
- Driving Directions: W River Rd to Taft Ave
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
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Cape Cod
- Construction: Vinyl Siding
- Basement: Yes
- Roof: Asphalt, Fiberglass
- Year Built: 1930
- Year Built Source: Public Records
- Property Condition: Fixer
Lot Features
- Lot Size (Acres): 0.09
- Lot Size: .09
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $2,800
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Legal Description: MENDELSON 40 X 105 S/L 46 LOT # 46
- Property ID: 06-24-055-103-015
Listed by I Heart Real Estate, LLC., Jeffrey Schultheis
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Schools
Schools serving 120 Taft Ave
School District:Elyria City School District
| Name | Grades | Distance |
|---|---|---|
Ely Elementary School 312 Gulf Road, Elyria, OH 44035 | K-4 | 0.9 mi |
Northwood Middle School, Elyria, OH 570 Abbe Road North, Elyria, OH 44035 | 5-8 | 2 mi |
Elyria High School 311 6th Street, Elyria, OH 44035 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 120 Taft Ave
Date
Details
Price
Change
Source
8/24/2026
Price Reduced
$99,999
-4.76%
MLS
8/20/2026
Listed
$104,999
218.18%
MLS
3/30/2009
Sold
$33,000
—
Public Record
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
Tax History for 120 Taft Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,492
13%
$29,670
27%
2023
$1,323
-1%
$23,395
—
2021
$1,338
3%
$23,400
—
2022
$1,302
-3%
$23,400
12%
2020
$1,339
1%
$20,830
—
2019
$1,331
2%
$20,832
—
2018
$1,301
-1%
$20,832
—
2017
$1,320
1%
$20,766
—
2016
$1,303
7%
$20,766
—
2015
$1,220
1%
$20,766
—
2014
$1,205
1%
$20,766
—
2013
$1,194
—
$20,766
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 120 Taft Ave
120 Taft Avenue, Elyria, OH 44035 (MLS# 5238287) is a Single Family property with 3 bedrooms and 1 full bathroom. 120 Taft Avenue is currently listed for $99,999 and was received on August 20, 2026. Want to learn more about 120 Taft Avenue? Do you have questions about finding other Single Family real estate for sale in Elyria? You can browse all Elyria real estate or contact a Coldwell Banker agent to request more information.
