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$145,000 Contingent

  • For Sale
  • Contingent
  • Duplex
  • 4 Beds
  • 2 Full Baths
  • 0.19 Acres
  • Updated 12 days ago
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Brick duplex investment opportunity in Lorain featuring two well-maintained units, each offering 2 bedrooms and 1 bathroom, ideal for steady tenant demand. Both units are fully occupied at $950/month with leases in place through November 2026 and January 2027, providing immediate and reliable cash flow. Tenants are responsible for electric and gas, while the owner covers water, helping maintain manageable expenses. Seller also owns multiple properties throughout Cleveland, Lorain, and Akron and is willing to sell properties individually or as packaged portfolios, giving buyers the flexibility to pick and choose assets to fit their investment strategy.

Full Property Details for 2394 Elyria Ave

General

  • Price: $145,000
  • Taxes: $1,209 (2025)
  • Status: Contingent
  • Type: Duplex
  • Source: 505
  • MLS ID: 5201394
  • Updated: 5/14/2026
  • Added to Site: 41 day(s) ago

Interior

  • Number of Rooms: 8

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Parking

  • Parking Features: Driveway

Location

  • County: Lorain
  • Township: Lorain
  • Subdivision: Black River Township
  • Driving Directions: Elyria Ave

School Information

  • Elem School District: Lorain CSD - 4709
  • Midd School District: Lorain CSD - 4709
  • High School District: Lorain CSD - 4709

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • # Buildings: 1
  • Construction: Brick
  • Basement: Yes
  • Basement Desc.: Full, Unfinished
  • Roof: Asphalt, Fiberglass
  • Stories/Levels: 2
  • Year Built: 1900
  • Year Built Source: Public Records

Lot Features

  • Lot Size (Acres): 0.19
  • Lot Size: .19
  • Lot Size Source: Assessor

Financial Considerations

  • Tax Amount: $1,209
  • Tax Year: 2025
  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: W OF R FRNT 0040.00 DPTH 0220.00
  • Property ID: 02-00-093-107-007

Listed by Home Equity Realty Group, Kim Lewis and Home Equity Realty Group, Charles Lewis

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Listing agents

— 2394 Elyria Ave —

  • Kim Lewis

    Home Equity Realty Group

  • Charles Lewis

    Home Equity Realty Group

charles.lewis@heqrealty.com, 440-539-4864

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 2394 Elyria Ave

School District:Lorain City School District
NameGradesDistance
Garfield Elementary School, Lorain, OH
200 West 31st Street, Lorain, OH 44055
PK-60.4 mi
General Johnnie Wilson Middle School
2700 Washington Avenue, Lorain, OH 44052
7-80.9 mi
Lorain High School
2600 Ashland Avenue, Lorain, OH 44052
9-121.4 mi
New Beginnings
2600 Ashland Avenue, Lorain, OH 44052
5-121.4 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 2394 Elyria Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/15/2026
Listed
$145,000
68.6%
MLS
9/26/2024
Sold
$86,000
—
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 2394 Elyria Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,773
92%
$41,951
140%
2023
$922
1%
$17,448
—
2021
$914
—
$17,450
—
2022
$914
-2%
$17,450
13%
2020
$930
1%
$15,420
—
2019
$925
—
$15,428
—
2018
$925
18%
$15,428
25%
2017
$786
1%
$12,348
—
2016
$780
6%
$12,348
—
2015
$737
8%
$12,348
8%
2014
$680
1%
$11,435
—
2013
$675
—
$11,435
—
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 Home Equity Realty Group, Kim Lewis and Home Equity Realty Group, Charles Lewis

2394 Elyria Avenue, Lorain, OH 44055 (MLS# 5201394) is a Duplex property with 4 bedrooms and 2 full bathrooms. 2394 Elyria Avenue is currently listed for $145,000 and was received on April 15, 2026. Want to learn more about 2394 Elyria Avenue? Do you have questions about finding other Duplex real estate for sale in Lorain? You can browse all Lorain real estate or contact a Coldwell Banker agent to request more information.

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