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Duplex with Updated Kitchens
For Sale
$123,000
Pending

228 Gates, Elyria, OH 44035

ResidentialIncome, Elyria, OH

Property Size1,491 SF
Lot Size0.08 Acres
Days on Market47

Property Features for 228 Gates

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 1, Laundry Room, Bedroom 3, Bathroom 1, Basement
Parking features Garage
Subdivision Gates
Elementary school district Elyria CSD - 4706
Middle school district Elyria CSD - 4706
High school district Elyria CSD - 4706
Directions NE
Standard status Pending
APN 06-26-019-102-010
Size 1,491 SF
Lot size 0.08 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1494

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Window Unit(s)
Water source Public

Amenities

basement storage

Building Details

Year built 1900
Floors in Building 2
Building materials VinylSiding
Roof type Slate
Buildings 1
Listing Agency: EXP Realty, LLC.
Listed By: George Vujadinovic · License #2021003089
Added: Sep 11 Changed: Oct 27 Last Checked: Oct 27 at 8:06PM
MLS# 5244165

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.

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Investment Insights

Based on property information with market context.

This duplex contains 1,491 square feet with two bedrooms and one full bathroom in each unit. Both residences include spacious living rooms, remodeled kitchens, updated bathrooms, and access to basement storage. The upper unit is vacant after professional cleaning and painting, while the lower unit is occupied under a month-to-month tenancy. Tenants handle their own utilities except for water and sewer.

Property improvements include basement waterproofing and a sump pump installed in 2022, hot water tanks from 2019, an upstairs furnace from 2021, and a downstairs furnace from 2017. Both units have newer refrigerators. The slate roof is reported in good condition, and the property includes a garage, public water, public sewer, forced-air natural gas heat, and window-unit cooling.

Built in 1900 on a 0.08-acre lot, the duplex is near shopping, Downtown Elyria, schools, and other local amenities.

Key Highlights

  • Two‑unit duplex with 1,491 square feet; each unit has 2 bedrooms and 1 full bathroom
  • Upper unit is vacant and was professionally painted and cleaned
  • Basement waterproofing and sump pump completed in 2022

Property Analytics

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Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

478
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units feature remodeled kitchens, updated bathrooms, and tenant-paid utilities aside from water and sewer.
Where is this duplex located?
The property is located at 228 Gates Elyria, OH.
What is the asking price?
The asking price for this property is $123,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,491 square feet; each unit has 2 bedrooms and 1 full bathroom; Upper unit is vacant and was professionally painted and cleaned; Basement waterproofing and sump pump completed in 2022
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