3177 Elyria Avenue, Lorain, OH 44055

Building Details

Year Built 1910 More

Buildings 1 More

Tenancy Multi More

Listing Agency: Century 21 DeAnna Realty

Listed By: Heather Byrne · License #2020006228 Show Phone

Source: Lifestagesrealty

Added: Jul 16 Changed: Nov 7 Last Checked: Nov 8 at 1:16PM

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Investment Insights

Based on property information with market context.

Built in 1910, this mixed-use property combines residential units on its upper floors with a first-floor area described as a blank canvas. A third-floor area is also identified for potential reconfiguration. The building’s layout brings residential space together with areas that can be adapted to different plans.

Key Highlights

• Residential units are located on the upper floors
• First‑floor area offers a blank canvas for adaptation
• Third‑floor area can be configured for different purposes

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Restaurant Spa & Massage Center

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

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

245

Businesses Nearby

Explore this area Business Placement

Demographics for 44055, OH

19,331

Population

9,258

Households

2.1

Avg Household Size

36

Median Age

10%

College-Educated

82%

High-School Grad

6.3 sq mi

ZIP Area

3,068

Density / Sq Mi

$36,603

Median Household Income

$30,631

Median Earnings

$848

Median Rent

$95,700

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?

Mixed-use property - Residential units occupy the upper floors, while the ground level offers space for a different configuration.

Where is this mixed-use property located?

The property is located at 3177 Elyria Avenue Lorain, OH.

What is the asking price?

The asking price for this property is $115,000.

What are key features of this property?

This property features: Residential units are located on the upper floors; First‑floor area offers a blank canvas for adaptation; Third‑floor area can be configured for different purposes