Spacious Quadplex with Riverfront
1004 East Avenue, Elyria, OH 44035
New
- Added:
- May 22, 2026
- Days on Market:
- 2
- Last Refresh:
- May 23 at 10:06 pm
Property Features for 1004 East Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bathroom 1, Laundry Room, Bedroom 3, Bathroom 3, Bathroom 2, Basement, Bedroom 2, Bedroom 5, Bedroom 6, Bedroom 7, Bedroom 1, Bathroom 4
- Parking features
- Driveway
- Standard status
- Active
- 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
- Forced Air, Electric (Heating), Baseboard, Natural Gas
- 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
Listing agent Christopher A Frederick License #426983 (216) 210-7653
Listing office Coldwell Banker Schmidt Realty 32648 Center Ridge Road, Strongsville, OH (440) 327-2123
Listing date May 22, 2026
MLS# 5209788
Listing URL
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HighLights
- High Income Potential: Rare 4‑family property with strong rental demand.
- Significant Renovations Completed: Includes lead abatement, solid roof, updated vinyl windows, and freshly improved exterior.
- Prime riverfront location in an investment‑friendly area with low taxes.
- Value‑Add Opportunity: Much remodeling work completed, allowing the next owner to add value.
- Spacious Layout: Quadplex offers 4 units on 3 finished levels with a total of 7 bedrooms and 4 baths.
- Vacant and Easy to Show: Immediate access for renovations or tenant placement.
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
Location Insight
- Map
- Local Demand
- City
- Elyria
- County
- Lorain
- State
- Ohio
- Longitude
- -82.103705
- Latitude
- 41.357426
Nearby Similar for Sale
FAQs
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: High Income Potential: Rare 4‑family property with strong rental demand.; Significant Renovations Completed: Includes lead abatement, solid roof, updated vinyl windows, and freshly improved exterior.; Prime riverfront location in an investment‑friendly area with low taxes.
