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$140,000

For Sale

4 days ago

2505 Elyria Ave, Lorain, OH

House

MLS® 5236858

5 Bed

3 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage 
Taxes $1,679
Days Active 4
Lot Size 0.11 Acres
Approx. Age 1900
MLS® Number 5236858

Property Address: 2505 Elyria Ave, Lorain, OH, 44055-1342

Average square foot calculated using Size range provided by listing agent.

Description

Opportunity awaits with this spacious 5-bedroom, 2-bath home offering an incredible amount of space and potential. This property is a great opportunity for an investor, contractor, or family looking for a large home to make their own. The property is currently listed with the county as a duplex, although the home is presently laid out and being used as a single-family residence. With the proper work and modifications, there is potential to convert the property back into a duplex, providing an excellent opportunity for an investor or someone looking for additional income potential. Buyers should verify zoning, permitting, and conversion requirements with the appropriate local authorities. The home does need a moderate amount of work, but several projects have already been started. The main bathroom renovation is underway and is just short of the finishing touches, including tile and a vanity. All of the materials that were already purchased for the bathroom are being left with the home. The basement is partially finished and includes a bathroom, providing additional space and potential for the new owner. The property also includes a refrigerator, stove, washer, and dryer. These appliances were relatively new and in working condition and have been left at the property. With 5 bedrooms, 2 bathrooms, a large layout, duplex potential, and plenty of room to customize, this property offers numerous possibilities. Whether you're an investor looking for your next project or a family looking for a large home with room to grow, this property is worth a look. Property is being sold as-is.
MLS® Number5236858
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
BasementFinished
DrivewayDriveway
Garage Spaces
HeatForced Air
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 15, 2026List Date
$140,000List Price
Sep 7, 2024End Date
$119,000Sold Price

Sold

Aug 29, 2024List Date
$115,000List Price

Home Appraisal

This property is estimated to sell between: $91,000 and $165,000.
Similar properties in this area sold on average for: $91,033
Expected to sell in 5 days. Similar properties sold in 9 days. This home has been on eXp Realty for 4 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
2505 Elyria Ave, Lorain, OH

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