Updated Two-Unit
For Sale
$123,000
228 Gates Ave, Elyria, OH 44035
Two-bedroom units offer remodeled kitchens, refreshed baths, and separate living areas in a well-maintained residential property.
Property Size1,491 SF
Price / SF$82.49
Days on Market9
Property Features for 228 Gates Ave
General Information
Standard status
Active
Size
1,491 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$1,494
Listing Agency:
EXP Realty, LLC.
(866) 212-4991
Listed By:
George Vujadinovic · License #2021003089
(440) 502-9128
Source:
Exprealty
Added: Sep 11
Changed: Sep 18
Last Checked: Sep 19 at 10:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty, LLC.
Investment Insights
Based on property information with market context.
This two-unit duplex includes a two-bedroom, one-bath layout in each residence, with separate living rooms, remodeled kitchens, and updated bathrooms. The upper residence is vacant, professionally painted, and cleaned for immediate occupancy. The lower residence has a month-to-month tenant. Each unit includes a newer refrigerator, while the property also features a slate roof and basement storage.
Building improvements include basement waterproofing and a sump pump completed in 2022, hot water tanks installed in 2019, and furnaces updated in 2021 upstairs and 2017 downstairs. Tenants are responsible for their own utilities other than water and sewer. The property is located near shopping, Downtown Elyria, schools, and additional local amenities.
Building improvements include basement waterproofing and a sump pump completed in 2022, hot water tanks installed in 2019, and furnaces updated in 2021 upstairs and 2017 downstairs. Tenants are responsible for their own utilities other than water and sewer. The property is located near shopping, Downtown Elyria, schools, and additional local amenities.
Key Highlights
- Two‑bedroom, one‑bath layout in each of the two units
- Upper unit is vacant, professionally painted, and cleaned
- Remodeled kitchens and updated bathrooms
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
478
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom units offer remodeled kitchens, refreshed baths, and separate living areas in a well-maintained residential property.
Where is this duplex located?
The property is located at 228 Gates Ave 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‑bedroom, one‑bath layout in each of the two units; Upper unit is vacant, professionally painted, and cleaned; Remodeled kitchens and updated bathrooms
