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$123,000 Sale Pending
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Property 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!
Full Property Details
Full Property Details for 228 Gates
General
- Price: $123,000
- Taxes: $1,494 (2025)
- Status: Pending
- Type: Duplex
- Source: 505
- MLS ID: 5244165
- Updated: 10/10/2026
- Added to Site: 37 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: NE
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: $1,494
- Tax Year: 2025
- Terms: Cash, Conventional, 1031 Exchange, FHA
- 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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Schools
Schools serving 228 Gates
School District:Elyria City School District
| Name | Grades | Distance |
|---|---|---|
Franklin Elementary School, Elyria, OH 1215 Middle Avenue, Elyria, OH 44035 | K-4 | 0.3 mi |
Eastern Heights Middle School 528 Garford Avenue, Elyria, OH 44035 | 5-8 | 0.9 mi |
Elyria High School 311 6th Street, Elyria, OH 44035 | 9-12 | 0.4 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
Date
Details
Price
Change
Source
9/11/2026
Listed
$123,000
9.82%
MLS
4/19/2022
Sold
$112,000
—
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 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
—
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 228 Gates
228 Gates, Elyria, OH 44035 (MLS# 5244165) is a Duplex property with 4 bedrooms and 2 full bathrooms. 228 Gates is currently listed for $123,000 and was received on September 11, 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.
