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Two-Unit Duplex Investment

140 School Street Elyria, OH 44035

140 School Street, Elyria, OH, 44035
$174,900
For Sale
$174,900

MULTI_FAMILY - Elyria, OH

Lot Size0.21 Acres
Days on Market100

Property Features for 140 School Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
3
Rooms
Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 5, Basement, Bedroom 2, Bathroom 3
Parking features
Driveway
Standard status
Active
APN
06-24-090-000-008
Lot size
0.21 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
BRONSON 63.00 X 140.00
Tax Annual Amount
2616

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Ceiling Fan(s)
Water source
Public

Building Details

Year built
1900
Floors in Building
2
Building materials
Brick
Roof type
Asphalt, Fiberglass
Listing Agency Keller Williams Greater Cleveland Northeast
7400 Center Street, Mentor, OH
Listed by Brian LaRiche · License #2019007270
Added: Apr 10 Checked: Jul 18 at 2:06 pm
MLS# 5200464 Listing URL

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This duplex is configured as two separate living units, including a larger first-floor unit and a second-floor unit. The first-floor layout offers three bedrooms and two full bathrooms, with two large family rooms, a spacious kitchen and pantry, and a dedicated laundry room that connects to a mudroom. The second-floor unit includes two bedrooms and one full bathroom, with its own driveway. Both units are supported by exterior space, including access from the second-floor unit to a back deck, along with a large area for storage.

The property is located at 140 School Street in Elyria, Ohio, on a lot size of 0.21 acres. The duplex form and unit separation provide a clear operational setup for owners seeking to manage two rental spaces within the same structure.

For investors or buyers looking for a residential income property, the unit mix and separate access points can support flexible leasing. The first floor’s multi-room configuration and the second floor’s dedicated driveway and deck access are practical features for tenant comfort and everyday use, while the on-site storage area supports resident needs without requiring off-site arrangements.

Key Highlights

  • Cash‑flowing duplex in Elyria with two separate units and its own driveway for the second‑floor unit
  • First‑floor unit offers 3 bedrooms and 2 full bathrooms plus two large family rooms, a spacious kitchen, and pantry
  • First‑floor layout includes a laundry room connected to a mudroom

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Dental Office Spa & Massage Center Restaurant Hair Salon Nail Salon HVAC Service Electrical Service Garden Center Parking Lot & Garage

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Cash-flowing duplex featuring two separate units with multiple bedrooms, full bathrooms, and dedicated outdoor and storage space.
Where is this duplex located?
The property is located at 140 School Street Elyria, OH.
What is the asking price?
The asking price for this property is $174,900.
What are key features of this property?
This property features: Cash‑flowing duplex in Elyria with two separate units and its own driveway for the second‑floor unit; First‑floor unit offers 3 bedrooms and 2 full bathrooms plus two large family rooms, a spacious kitchen, and pantry; First‑floor layout includes a laundry room connected to a mudroom
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