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$68,000
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Property Description
Investment property with long-term stability and value-add potential. Currently occupied by a long-term tenant in good standing. Property is under-rented relative to market, providing an opportunity to improve NOI over time. Based on conservative market assumptions, future stabilized performance supports attractive cap-rate potential for buy-and-hold investors. Ideal for those seeking dependable occupancy today with upside through income optimization. Excellent location & views- near cascade falls. Do not disturb tenant. Showings by appointment only.
Full Property Details
Full Property Details for 4 Forest St
General
- Sold For: $68,000
- Taxes: $1,188 (2025)
- Status: Closed
- Type: Single Family
- Source: 505
- MLS ID: 5184914
- Added to Site: 56 day(s) ago
Interior
- Number of Rooms: 6
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Parking
- Parking Features: Off Street, On Street
Location
- County: Lorain
- Township: Elyria
- Driving Directions: South on Route 57 to Lorain Blvd, left on Lake Ave, left on Cascade St, right on Forest. Home is on the right. Parking in front of the house or across the street at the park.
School Information
- Elem School District: Elyria CSD - 4706
- Midd School District: Elyria CSD - 4706
- High School District: Elyria CSD - 4706
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Conventional
- Construction: Aluminum Siding, Vinyl Siding
- Basement: Yes
- Basement Desc.: Full
- Roof: Metal
- Stories/Levels: 2
- Square Feet: 1,052
- Living Area: 1,052 Sq. Ft.
- Finished Above Grnd: 1,052 Sq. Ft.
- Year Built: 1900
- Year Built Source: Public Records
- Property Condition: Fixer
Lot Features
- Lot Size (Acres): 0.04
- Lot Size: .04
- Lot Size Source: Assessor
- Lot Dimensions: 30 x 58
Financial Considerations
- Tax Amount: $1,188
- Tax Year: 2025
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Legal Description: W A ELY 20.50 X 58 LOT #9
- Property ID: 06-26-094-103-026
Listed by RE/MAX First Realty, LLC, Kristin Horst and RE/MAX First Realty, LLC, Justin Gerwig
Sold by Plum Tree Realty, LLC, Dustin Kinn
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Schools
Schools serving 4 Forest St
School District:Elyria City School District
| Name | Grades | Distance |
|---|---|---|
Ely Elementary School 312 Gulf Road, Elyria, OH 44035 | K-4 | 0.8 mi |
Northwood Middle School, Elyria, OH 570 Abbe Road North, Elyria, OH 44035 | 5-8 | 2.1 mi |
Elyria High School 311 6th Street, Elyria, OH 44035 | 9-12 | 0.7 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 4 Forest St
Date
Details
Price
Change
Source
3/09/2026
Sold
$68,000
4.78%
MLS
2/05/2026
Listed
$64,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4 Forest Street, Elyria, OH 44035 (MLS# 5184914) is a Single Family property that was sold at $68,000 on March 09, 2026. Want to learn more about 4 Forest Street? 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.
