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    526 East Ave Elyria, OH 44035

    New
    Picture of Duplexes at East Ave 526, Elyria, OH
    For Sale
    $119,999

    MULTI_FAMILY - Elyria, OH

    Lot size:
    0.26 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 9 at 2:06 am

    Property Features for 526 East Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 1, Basement, Bathroom 2, Bedroom 2
    Bedrooms
    4
    Bathrooms
    2
    APN
    06-26-037-000-003
    Parking features
    Garage
    Lot size
    0.26 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Building materials
    VinylSiding
    Roof type
    Asphalt, Shingle

    The Holton Wise Property Group (216) 661-6633 [email protected]

    Listing agent James P Wise (216) 661-6633 License #2015001161

    Listing date Dec 8, 2025

    MLS# 5147855 Listing URL

    Copyright © 2025 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.

    Overview

    Elyria Duplex: Investment Opportunity

    This multifamily property in Elyria, Ohio, presents an investment opportunity with the potential to generate rental income. The duplex features two units, with the upstairs unit being rent-ready. The downstairs unit requires minor turnover work. The property is situated on a 0.26-acre lot. The property is located in Lorain County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Elyria
    County
    Lorain
    State
    Ohio
    Longitude
    -82.103517
    Latitude
    41.361984

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    FAQs

    What type of property is this?
    Duplex - Duplex in Elyria, Ohio with income potential.
    Where is this duplex located?
    The property is located at 526 East Ave Elyria, OH.
    What is the asking price?
    The asking price for this property is $119,999.
    What are key features of this property?
    This property features: - Duplex property offering great investment potential.; - Potential rental income up to $2,000/month.; - Upstairs unit is rent-ready.
    (216) 661-6633
    Request Owner's contact information
    526 East Ave Elyria, OH 44035
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    526 East Ave Elyria, OH 44035
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