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4-Unit Quadplex with Riverfront Lot
New
For Sale
Under Contract
$179,900

1004 EAST AVENUE, Elyria, OH 44035

MULTI_FAMILY - ELYRIA, OH

Property Size4,004 SF
Price / SF$44.93
Days on Market2

Property Features for 1004 EAST AVENUE

General Information

Property type Residential Multi Family
Property subtype Single Family Attached
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 2, Bedroom 4, Bedroom 7, Bedroom 1, Bedroom 5, Bedroom 3, Bedroom 6
Subdivision EAST AVE
Standard status Active Under Contract
Size 4,004 SF

Building Details

Year built 1900
Listing Agency: Schmidt Realty · Coldwell Banker Real Estate
Listed By: Christopher Frederick · License #426983
Added: Aug 13 Last Checked: Aug 14 at 10:06PM
MLS# 5209788

Copyright © 2026 Coldwell Banker Schmidt REALTORS. 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 4,004-square-foot quadplex contains four units arranged across three finished levels, with a total of seven bedrooms and four baths. The property is vacant, providing access for continued work or tenant placement. Some finishing work remains, while substantial improvements have already been completed, including lead abatement, a solid roof, updated vinyl windows, and exterior enhancements. Built in 1900, the building offers a flexible layout within a riverfront lot setting.

Located at 1004 East Avenue in Elyria, Ohio, the property combines a four-unit configuration with established physical improvements and remaining project scope. Its current vacancy allows the next owner to evaluate and complete the unfinished items directly.

Key Highlights

  • 4,004‑square‑foot quadplex with 4 units across 3 finished levels
  • 7 bedrooms and 4 baths in a flexible unit configuration
  • Riverfront lot at 1004 East Avenue, Elyria, OH 44035

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Restaurant Parking Lot & Garage Skin Care Clinic HVAC Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,025
Businesses Nearby

Demographics for 44035, OH

61,921
Population
29,637
Households
2.1
Avg Household Size
42
Median Age
17%
College-Educated
88%
High-School Grad
47.6 sq mi
ZIP Area
1,301
Density / Sq Mi
$54,362
Median Household Income
$38,493
Median Earnings
$871
Median Rent
$147,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Vacant three-level property with lead abatement, updated vinyl windows, and exterior improvements already completed.
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: 4,004‑square‑foot quadplex with 4 units across 3 finished levels; 7 bedrooms and 4 baths in a flexible unit configuration; Riverfront lot at 1004 East Avenue, Elyria, OH 44035
More about this property
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