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$94,500

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 1,844 Sq. Ft.
  • 0.17 Acres
  • 1 Car Garage
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This lovely home is currently tenant occupied and has been rented out for 24 years. This large home can either be owner occupied or may be an investment property. Current tenant would like to remain. The home has 4 bedrooms on the second floor with a full bath. The main floor living space has a foyer, living room, dining room and large kitchen, also a full bathroom. The basement has a full bathroom, and the attic has a full bathroom that is not used. Windows are vinyl replacements, hot water tank is newer, furnace and A/C is 90% efficient. The 2 car detached garage door does not open (needs repair) and is not currently in use. This is a solid house that will need the new owners TLC. This home was previously used as a 4 unit rental prior to current owner who converted it to a single family rental. This home also passes annual section 8 inspections and is due for inspection. Currently renting out under market value on a month to month basis at $850.00 monthly and tenant paying all utilities. All trees were recently removed, and a new roof was installed 6/17/2026

Full Property Details for 5 Water St

General

  • Price: $94,500
  • Taxes: $1,763 (2025)
  • Status: Active
  • Type: Single Family
  • Source: 505
  • MLS ID: 5220268
  • Updated: 6/18/2026
  • Added to Site: 27 day(s) ago

Interior

  • Number of Rooms: 8
  • Interior Features: Entrance Foyer
  • Fireplace(s): None
  • Appliances: Range

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Floor Baths: 1

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Washer Hookup, In Basement

Additional Information

  • Security/Safety: Smoke Detector(s)

Exterior

  • Exterior Features: None
  • Porch/Patio/Deck: Rear Porch, Covered, Deck, Front Porch

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Concrete, Garage Faces Front, Garage

Location

  • County: Lorain
  • Township: Elyria
  • Subdivision: Black River
  • Driving Directions: Broad St to Water St.

School Information

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

Heating & Cooling

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

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Colonial
  • Construction: Asphalt, Frame, Plaster, Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Full, Unfinished
  • Roof: Asphalt, Fiberglass, Pitched, Shingle
  • Windows: Double Pane Windows, Insulated Windows, Screens
  • Stories/Levels: 3
  • Square Feet: 1,844
  • Living Area: 1,844 Sq. Ft.
  • Finished Above Grnd: 1,844 Sq. Ft.
  • Year Built: 1900
  • Year Built Source: Public Records

Additional Structures

  • Other Structures: Garage(s)

Lot Features

  • Property View: City
  • Lot Size (Acres): 0.17
  • Lot Size: .17
  • Lot Size Source: Assessor
  • Lot Dimensions: 55 x 130
  • Lot Features: Back Yard, City Lot, Front Yard, Paved, Rectangular Lot
  • Fencing (Description): Back Yard, Other

Financial Considerations

  • Tax Amount: $1,763
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: WATER ST 55 X 130 S/L 35-39
  • Disclosures/Rstr.: Owner Is Listing Agent
  • Property ID: 06-26-069-000-013

Listed by Russell Real Estate Services, James Wall

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Listing agent

— 5 Water St —

  • James Wall

    Russell Real Estate Services

jimwallrealestate@gmail.com, 440-537-4332

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 5 Water St

School District:Elyria City School District
NameGradesDistance
Franklin Elementary School, Elyria, OH
1215 Middle Avenue, Elyria, OH 44035
K-41 mi
Westwood Middle School
42350 Adelbert Street, Elyria, OH 44035
5-82.3 mi
Elyria High School
311 6th Street, Elyria, OH 44035
9-120.5 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 5 Water St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/18/2026
Listed
$94,500
136.25%
MLS
5/15/2006
Sold
$40,000
—
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 5 Water St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,763
62%
$35,658
89%
2023
$1,091
2%
$18,817
—
2021
$1,073
-1%
$18,820
—
2022
$1,079
—
$18,820
9%
2020
$1,081
1%
$17,240
—
2019
$1,074
—
$17,245
—
2018
$1,076
8%
$17,245
13%
2017
$995
1%
$15,274
—
2016
$983
7%
$15,274
—
2015
$922
1%
$15,274
—
2014
$911
1%
$15,274
—
2013
$903
—
$15,274
—
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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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Russell Real Estate Services, James Wall

5 Water Street, Elyria, OH 44035 (MLS# 5220268) is a Single Family property with 4 bedrooms and 3 full bathrooms. 5 Water Street is currently listed for $94,500 and was received on June 18, 2026. Want to learn more about 5 Water 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.

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