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$124,000
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Property Description
Great investment opportunity or live in one unit and let the tenant pay a portion of the mortgage. 2 family unit w/ 2 bedroom & 1 bath in each. Upper unit offers rear balcony. Both units mirror images of one another with 15 x 10 living room w/ hardwood flooring, 14 x 11 eat- in kitchen w/ vinyl flooring & stove, 1st bedroom measures 15 x 13 & 2nd bedroom measures 15 x 14 both w/ hardwood flooring for easy maintenance. Updated in past 10 years includes electrical & windows; one hot water tank replaced 2019, bathroom updates and roof & gutters 2023 w/25 year shingles. Spacious lot for additional parking. Conveniently located near schools, stores, restaurants, and easy access to all highways. Price reflects Basement needing work and furnaces are original, but still operable. List price is below recent assessed tax value. Lower unit is currently occupied and on a month to month agreement and may wish to stay, if option is there. Upstairs unit is vacant and ready for showings. Each unit has its own separate entrance to basement and residence. Current tenant takes care of lawn. Front porch accessed from lower unit. Conveniently located near highways, schools, shopping, restaurants, etc. Why pay rent when you can own and still bring in an income?
Full Property Details
Full Property Details for 409 Gulf Rd
General
- Sold For: $124,000
- Taxes: $2,731 (2024)
- Status: Closed
- Type: Duplex
- Source: 505
- MLS ID: 5134985
- Added to Site: 95 day(s) ago
Interior
- Number of Rooms: 8
- Appliances: Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: In Basement, Lower Level
Additional Information
- Pool: Yes
- Pool Description: Community
Exterior
- Exterior Features: Balcony, Private Entrance
- Porch/Patio/Deck: Balcony
Parking
- Parking Features: Driveway, Gravel, No Garage, Unpaved
Location
- County: Lorain
- Township: Elyria
- Subdivision: Dilworth
- Driving Directions: Gulf Rd., north of Cleveland St
- Direction Faces: West
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
- # Buildings: 1
- Construction: Aluminum Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: Asphalt, Fiberglass
- Stories/Levels: 2
- Square Feet: 1,824
- Living Area: 1,824 Sq. Ft.
- Finished Above Grnd: 1,824 Sq. Ft.
- Year Built: 1900
- Year Built Source: Public Records
Lot Features
- Property View: City
- Lot Size (Acres): 0.15
- Lot Size: .15
- Lot Size Source: Public Records
- Lot Features: City Lot, Flat, Level
- Fencing (Description): Chain Link, Partial, Privacy, Wood
Financial Considerations
- Tax Amount: $2,731
- Tax Year: 2024
- Terms: Cash
- Owner Pays: Sewer, Taxes, Trash Collection, Water
- Tenant Pays: Cable TV, Electricity, Gas
Disclosures and Reports
- Legal Description: E ELYRIA FRNT 0045.00 DPTH 0145.00
- Property ID: 06-25-038-103-004
Listed by Russell Real Estate Services, Dawn M Balog
Sold by Howard Hanna, Shawnee Schuller
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Schools
Schools serving 409 Gulf Rd
School District:Elyria City School District
| Name | Grades | Distance |
|---|---|---|
Ely Elementary School 312 Gulf Road, Elyria, OH 44035 | K-4 | 0.2 mi |
Northwood Middle School, Elyria, OH 570 Abbe Road North, Elyria, OH 44035 | 5-8 | 1.2 mi |
Elyria High School 311 6th Street, Elyria, OH 44035 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 409 Gulf Rd
Date
Details
Price
Change
Source
8/26/2025
Sold
$124,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
409 Gulf Road, Elyria, OH 44035 (MLS# 5134985) is a Duplex property that was sold at $124,000 on August 26, 2025. Want to learn more about 409 Gulf Road? 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.
