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$126,500

  • For Sale
  • Active
  • Duplex
  • 4 Beds
  • 2 Full Baths
  • 1,491 Sq. Ft.
  • 0.08 Acres
  • Updated 12 days ago
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Great turn-key investment property! This duplex features 2 bedroom & 1 full bath on each unit. A large living room, remodeled kitchen & an updated full bathroom are found in each move in ready unit. The basement provides ample storage and has been recently waterproofed(2022). Newer Hot water tanks 2019 up & 2019 down; Sump pump(2022), Newer Furnaces 2021 up, 2017 down. New fridges in both units. Both units are occupied with wonderful tenants. The downstairs tenant is month to month paying $875 and upstairs tenant's lease expires on 12/31/2026 and they are paying $720. $1595 a month in rent, great cash flowing double Tenant pays all utilities except water and sewer! No showings until the offer is accepted. House has a slate roof but it's in a good condition. Great location close to shopping areas, downtown Elyria, Schools and much more! Call today!

Full Property Details for 228 Gates

General

  • Price: $126,500
  • Taxes: $1,465 (2024)
  • Status: Active
  • Type: Duplex
  • Source: 505
  • MLS ID: 5224523
  • Updated: 7/3/2026
  • Added to Site: 12 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: In Unit

Parking

  • Parking Features: No Garage, Paved

Location

  • County: Lorain
  • Township: Elyria
  • Subdivision: Gates
  • Driving Directions: Slate roof house

School Information

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

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Window Unit(s)
  • Heating Type: Forced Air, Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Full, Unfinished
  • Roof: Slate
  • Stories/Levels: 2
  • Square Feet: 1,491
  • Living Area: 1,491 Sq. Ft.
  • Finished Above Grnd: 1,491 Sq. Ft.
  • Year Built: 1900
  • Year Built Source: Public Records

Lot Features

  • Lot Size (Acres): 0.08
  • Lot Size: .08
  • Lot Size Source: Public Records
  • Fencing (Description): Chain Link, Partial, Wood

Financial Considerations

  • Tax Amount: $1,465
  • Tax Year: 2024
  • Terms: Cash, Conventional
  • Owner Pays: Other
  • Tenant Pays: Other

Disclosures and Reports

  • Disclosures/Rstr.: Principal is Real Estate Licensed
  • Property ID: 06-26-019-102-010

Listed by EXP Realty, LLC., George Vujadinovic

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Listing agent

— 228 Gates —

  • George Vujadinovic

    EXP Realty, LLC.

home4u@georgesoldit.com, 440-502-9128

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 228 Gates

School District:Elyria City School District
NameGradesDistance
Franklin Elementary School, Elyria, OH
1215 Middle Avenue, Elyria, OH 44035
K-40.3 mi
Eastern Heights Middle School
528 Garford Avenue, Elyria, OH 44035
5-80.9 mi
Elyria High School
311 6th Street, Elyria, OH 44035
9-120.4 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 228 Gates Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/03/2026
Listed
$126,500
12.95%
MLS
4/19/2022
Sold
$112,000
—
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 228 Gates

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,494
82%
$30,212
108%
2023
$820
—
$14,557
—
2021
$820
1%
$14,550
—
2022
$810
-8%
$14,550
9%
2020
$879
6%
$13,350
—
2019
$832
—
$13,342
—
2018
$834
5%
$13,342
14%
2017
$793
6%
$11,670
—
2016
$751
7%
$11,670
—
2015
$704
1%
$11,670
—
2014
$696
1%
$11,670
—
2013
$690
—
$11,670
—
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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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by EXP Realty, LLC., George Vujadinovic

228 Gates, Elyria, OH 44035 (MLS# 5224523) is a Duplex property with 4 bedrooms and 2 full bathrooms. 228 Gates is currently listed for $126,500 and was received on July 03, 2026. Want to learn more about 228 Gates? Do you have questions about finding other Duplex 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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