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Elyria, OH Apartment Buildings for Sale

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Renovated Eight-Unit Multifamily Building
Updated: Jul 2
Renovated Eight-Unit Multifamily Building

7444 Lake Ave., Elyria, OH 44035

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8 residential units built in 1920: 3 one‑bedroom, 4 two‑bedroom, and 1 three‑bedroom.
Numerous improvements by current ownership, including renovated apartments and exterior upgrades.
Roof coating completed, plus plumbing and electrical improvements.
Replacement of the main water lines and water meter.
Over 200 sq ft added to Apartment 6, creating potential for an additional apartment or expanded living space (subject to buyer verification and approvals).
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 1 Active listings in Elyria, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

32-Unit Apartment Buildings
32-Unit Apartment Buildings

1346 Kenilworth Avenue, Lakewood, OH 44107

$2,799,999
0.17 AC lot

Two neighboring brick properties with attached garages, laundry facilities, tenant storage, and strong in-place occupancy.

View details
Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

17020 Madison Avenue, Lakewood, OH 44107

$849,000
0.14 AC lot

Residential units and storefronts combine within a maintained mixed-use property.

View details
Renovated 8-Unit Apartment Building
Renovated 8-Unit Apartment Building

1505 Herbert Drive, Lorain, OH 44053

$675,000
0.44 AC lot

Fully occupied apartments feature updated interiors and electric ceiling heat.

View details
Renovated 8-Unit Apartment Building
Renovated 8-Unit Apartment Building

1505 Herbert Drive, Lorain, OH 44053

$675,000

Newly renovated, fully occupied 8-unit building with 1 bed/1 bath apartments and updated mechanical and interior features.

View details

Off-Market Properties in Elyria, OH

Consider similar Off-Market properties in Elyria, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

115 Fox Hl Ln, Unit A2
APARTMENT HOUSE (5+ UNITS)

115 Fox Hl Ln, Elyria, OH 44035-2701

Unit A2
Estimated value:
$275,000
3,816 sqft 0.83 AC lot
View details
258 Brunswick Dr, Unit A
APARTMENT HOUSE (5+ UNITS)

258 Brunswick Dr, Elyria, OH 44035-4682

Unit A
Estimated value:
$190,000
4,872 sqft 0.41 AC lot
View details
136 Brunswick Dr, Unit D
APARTMENT HOUSE (5+ UNITS)

136 Brunswick Dr, Elyria, OH 44035-4627

Unit D
Estimated value:
$380,000
1,886 sqft 0.37 AC lot
View details
133 Academy Ct, Unit B
APARTMENT HOUSE (5+ UNITS)

133 Academy Ct, Elyria, OH 44035-4646

Unit B
Estimated value:
$385,000
6,602 sqft 1.68 AC lot
View details
484 10th St, Unit 2
APARTMENT HOUSE (5+ UNITS)

484 10th St, Elyria, OH 44035-7076

Unit 2
Estimated value:
$240,000
1,179 sqft 0.11 AC lot
View details
701 Broad St, Unit C10
APARTMENT HOUSE (5+ UNITS)

701 Broad St, Elyria, OH 44035-5358

Unit C10
Estimated value:
$260,000
3,768 sqft 0.47 AC lot
View details
630 Abbe S Rd, Unit 1
APARTMENT HOUSE (5+ UNITS)

630 Abbe S Rd, Elyria, OH 44035-7261

Unit 1
Estimated value:
$3,475,000
8,086 sqft 2.46 AC lot
View details
254 Brunswick Dr, Unit A
APARTMENT HOUSE (5+ UNITS)

254 Brunswick Dr, Elyria, OH 44035-8701

Unit A
Estimated value:
$200,000
4,872 sqft 0.39 AC lot
View details
417 Ee Ave, Unit 1
APARTMENT HOUSE (5+ UNITS)

417 Ee Ave, Elyria, OH 44035-5735

Unit 1
Estimated value:
$105,000
832 sqft 0.25 AC lot
View details
316 Furnace St, Unit 1
APARTMENT HOUSE (5+ UNITS)

316 Furnace St, Elyria, OH 44035-5068

Unit 1
Estimated value:
$260,000
4,928 sqft 0.20 AC lot
View details
501 Delaware Ave, Unit 1
APARTMENT HOUSE (5+ UNITS)

501 Delaware Ave, Elyria, OH 44035-6675

Unit 1
Estimated value:
$1,325,000
7,488 sqft 0.96 AC lot
View details
605 Abbe N Rd, Unit B9
APARTMENT HOUSE (5+ UNITS)

605 Abbe N Rd, Elyria, OH 44035-3053

Unit B9
Estimated value:
$1,245,000
918 sqft 0.04 AC lot
View details
605 Abbe N Rd, Unit B8
APARTMENT HOUSE (5+ UNITS)

605 Abbe N Rd, Elyria, OH 44035-3053

Unit B8
Estimated value:
$1,245,000
918 sqft 0.04 AC lot
View details
605 Abbe N Rd, Unit B7
APARTMENT HOUSE (5+ UNITS)

605 Abbe N Rd, Elyria, OH 44035-3053

Unit B7
Estimated value:
$1,245,000
918 sqft 0.04 AC lot
View details
605 Abbe N Rd, Unit B6
APARTMENT HOUSE (5+ UNITS)

605 Abbe N Rd, Elyria, OH 44035-3053

Unit B6
Estimated value:
$1,245,000
918 sqft 0.04 AC lot
View details
605 Abbe N Rd, Unit B5
APARTMENT HOUSE (5+ UNITS)

605 Abbe N Rd, Elyria, OH 44035-3053

Unit B5
Estimated value:
$1,245,000
918 sqft 0.04 AC lot
View details
605 Abbe N Rd, Unit B4
APARTMENT HOUSE (5+ UNITS)

605 Abbe N Rd, Elyria, OH 44035-3053

Unit B4
Estimated value:
$1,245,000
918 sqft 0.04 AC lot
View details
605 Abbe N Rd, Unit B3
APARTMENT HOUSE (5+ UNITS)

605 Abbe N Rd, Elyria, OH 44035-3053

Unit B3
Estimated value:
$1,245,000
918 sqft 0.04 AC lot
View details
605 Abbe N Rd, Unit B2
APARTMENT HOUSE (5+ UNITS)

605 Abbe N Rd, Elyria, OH 44035-3053

Unit B2
Estimated value:
$1,245,000
918 sqft 0.04 AC lot
View details
605 Abbe N Rd, Unit B10
APARTMENT HOUSE (5+ UNITS)

605 Abbe N Rd, Elyria, OH 44035-3053

Unit B10
Estimated value:
$1,245,000
918 sqft 0.04 AC lot
View details
605 Abbe N Rd, Unit B1
APARTMENT HOUSE (5+ UNITS)

605 Abbe N Rd, Elyria, OH 44035-3053

Unit B1
Estimated value:
$1,245,000
918 sqft 0.04 AC lot
View details
601 Abbe N Rd, Unit A9
APARTMENT HOUSE (5+ UNITS)

601 Abbe N Rd, Elyria, OH 44035-3052

Unit A9
Estimated value:
$1,245,000
918 sqft 0.04 AC lot
View details
601 Abbe N Rd, Unit A8
APARTMENT HOUSE (5+ UNITS)

601 Abbe N Rd, Elyria, OH 44035-3052

Unit A8
Estimated value:
$1,245,000
918 sqft 0.04 AC lot
View details

Elyria, OH Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Elyria, OH on our real estate platform.

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Demographics Overview

Population 110K
Population Growth (5Y) +3.5%
Median Household Income $69,523
College Educated 34.3%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lorain County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Residential Income pricing trends in Lorain County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Elyria fall within the 100,000+ square foot range.

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