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Spacious Quadplex with Riverfront Lot

1004 East Avenue, Elyria, OH 44035

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For Sale

Under Contract

$179,900

MULTI_FAMILY - Elyria, OH

Property size:

4,004 SF

Lot size:

2.24 Acres

Price / SF:

$44/SF

HighLights

4‑family quadplex on a riverfront lot with 4 units on 3 finished levels
Total layout includes 7 bedrooms and 4 bathrooms across the 4 units
Major updates reported: lead abatement, solid roof, updated vinyl windows, and improved exterior
Year built 1900 with vinyl siding and wood siding construction
Utilities include public water and public sewer
Parking: driveway; heating includes forced air, electric baseboard, and natural gas

We can help!

Contact an agent

Christopher A Frederick

For Sale

Under Contract

$179,900

MULTI_FAMILY - Elyria, OH

Property size:

4,004 SF

Lot size:

2.24 Acres

Price / SF:

$44/SF

Added:: May 22, 2026
Days on Market:: 48
Last Refresh:: Jul 8 at 1:06 am

Property Features for 1004 East Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 7
Bathrooms: 4
Rooms: Bedroom 7, Bedroom 6, Bathroom 4, Bedroom 5, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 1, Basement, Bedroom 2, Laundry Room, Bedroom 3, Bathroom 3
Parking features: Driveway
Standard status: Active Under Contract
APN: 06-26-020-000-010
Size: 4,004 SF
Lot size: 2.24 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Description: EAST AVE 66 165
Tax Annual Amount: 1248

Utilities

Sewer type: Public Sewer
Heating system: Electric (Heating), Natural Gas, Baseboard, Forced Air
Water source: Public
Water front features: Waterfront, River Front
Water front: 1

Building Details

Year built: 1900
Floors in Building: 3
Building materials: VinylSiding, WoodSiding
Roof type: Asphalt, Fiberglass

We can help!

Contact an agent

Christopher A Frederick

Listing agent Christopher A Frederick License #426983

Listing office Coldwell Banker Schmidt Realty 32648 Center Ridge Road, Strongsville, OH

Listing date May 22, 2026

MLS# 5209788 Listing URL

HighLights

4‑family quadplex on a riverfront lot with 4 units on 3 finished levels
Total layout includes 7 bedrooms and 4 bathrooms across the 4 units
Major updates reported: lead abatement, solid roof, updated vinyl windows, and improved exterior
Year built 1900 with vinyl siding and wood siding construction
Utilities include public water and public sewer
Parking: driveway; heating includes forced air, electric baseboard, and natural gas

Overview

This spacious quadplex presents a rare investment or owner-occupied opportunity with significant upside potential. The property features four units across three finished levels, totaling seven bedrooms and four bathrooms. Much of the remodeling work has been completed, offering the next owner the chance to add value and maximize returns. Situated on a prime 2.24-acre riverfront lot in an investment-friendly area, the property benefits from low taxes, strong rental demand, and excellent Section 8 potential. It offers exceptional income-producing possibilities for portfolio expansion, multi-generational living, or owner-occupancy with rental income. Major improvements include lead abatement, a solid roof, updated vinyl windows, and a freshly improved exterior. The spacious layout and flexible unit configuration enhance rental appeal and long-term investment potential. The property is vacant and easy to show, allowing immediate access for renovations or tenant placement. This unique riverfront multifamily opportunity should not be missed.

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Elyria
County: Lorain
State: Ohio
Longitude: -82.103705
Latitude: 41.357426

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For sale
Quadplexes
OH
Elyria
44035
1004 East Avenue

What type of property is this?

Quadplex - Four-unit property with remodeling potential on a prime riverfront lot.

Where is this quadplex located?

The property is located at 1004 East Avenue Elyria, OH.

What is the asking price?

The asking price for this property is $179,900.

What are key features of this property?

This property features: 4‑family quadplex on a riverfront lot with 4 units on 3 finished levels; Total layout includes 7 bedrooms and 4 bathrooms across the 4 units; Major updates reported: lead abatement, solid roof, updated vinyl windows, and improved exterior

1004 East Avenue, Elyria, OH 44035

MULTI_FAMILY - Elyria, OH

Property Features for 1004 East Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Brick Four-Unit Multifamily Building

Mixed-Use Building with Apartment

Turnkey Duplex Investment Opportunity

Car Wash Property with Dual Entrances

New Construction Duplex Investment Property

Free-Standing Restaurant Building

Two-Unit Duplex Investment

Elyria Duplex: BRRRR Opportunity

Free-Standing Vacant Burger King

Elyria Office Building For Sale

Elyria Warehouse and Office Space

Multi-Tenant Shopping Center For Sale

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