Townhome-Style Apartment
601 Abbe Road N, Elyria, OH 44035
For Sale
New
$1,900,000
CommercialSale, Elyria, OH
Property SizeContact for details
Lot Size0.68 Acres
Days on Market7
Property Features for 601 Abbe Road N
General Information
Property type
Property subtype
Zoning description
Parking
Parking features
Fencing
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Water source
Amenities
in-unit laundry hookups
private fenced yard and patio
Building Details
Year built
Number of units
Listing Agency:
Keller Williams Citywide · Keller Williams Realty
(440) 892-2211
Listed By:
James P Matheos · License #2015001911
(440) 847-9033
Added: Nov 2
Changed: Nov 3
Last Checked: Nov 8 at 12:06AM
MLS# 5256524
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Investment Insights
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This 1980-built apartment property contains townhome-style residences with two-story layouts. Each unit offers 918 square feet, 1.5 baths, an open living area on the main floor, and bedrooms upstairs. Laundry hookups are provided in a dedicated room, while a fenced backyard and sitting patio extend each unit outdoors. Renovations completed in 2024 and 2025 included flooring, paint, kitchens, bath fixtures, plumbing, and finish work. The reported unit mix is 19 two-bedroom apartments and one three-bedroom apartment.
The 0.679-acre property has 26 parking spaces in a rear lot and is served by public water and sewer. Northwood School Campus Middle School is directly across the road, Elyria Fire Station #4 is next door, and Lorain Community College is within 3 miles. Access to I-80 and Route 20 is described as a short drive; a bus stop is located outside the property on Abbe Road. Nearby destinations listed include retail, food, a park, and Abbe Road Mall.
The 0.679-acre property has 26 parking spaces in a rear lot and is served by public water and sewer. Northwood School Campus Middle School is directly across the road, Elyria Fire Station #4 is next door, and Lorain Community College is within 3 miles. Access to I-80 and Route 20 is described as a short drive; a bus stop is located outside the property on Abbe Road. Nearby destinations listed include retail, food, a park, and Abbe Road Mall.
Key Highlights
- 19 two‑bedroom units and one three‑bedroom unit
- 918 square feet per unit, with two‑story layouts and 1.5 baths
- Renovations in 2024 and 2025 included kitchens, flooring, paint, bath fixtures, plumbing, and finish work
Property Analytics
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Lease Details
20
Residential units
95%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
137
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
Frequently Asked Questions
What type of property is this?
Apartment building - Each residence includes laundry hookups, a fenced backyard, and a patio.
Where is this apartment building located?
The property is located at 601 Abbe Road N Elyria, OH.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 19 two‑bedroom units and one three‑bedroom unit; 918 square feet per unit, with two‑story layouts and 1.5 baths; Renovations in 2024 and 2025 included kitchens, flooring, paint, bath fixtures, plumbing, and finish work
