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    Elyria, OH
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    Elyria, OH Multifamily Properties for Sale

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    Found 11 multifamily properties for sale in Elyria, OH, averaging $59/sq ft. Use valuation data to compare deals faster.
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    Duplex with Forced-Air Heating
    Updated: Jun 14
    Duplex with Forced-Air Heating

    211 Brace Avenue, Elyria, OH 44035

    $145,800
    1,296 sqft
    Duplex property containing 1,296 square feet
    Built in 1972
    Natural gas service with forced‑air heating
    Located at 211 Brace Avenue, Elyria, OH 44035
    Unpaved exterior area
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    This listing looks promising.

    Here's a quick look at some key insights for

    211 Brace Avenue, Elyria, OH 44035

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    • Est. Cap Rate

      8.1%
      Above avg (5.9%)

    • Est. NOI

      $12K
      Annual

    • Price @ 7% Cap

      $170K
      Above asking

    • Property Type

      Duplex
      Built 1972
    View Property Analytics
    Two-Unit Duplex with Flexible Layout
    Updated: Aug 14
    Two-Unit Duplex with Flexible Layout

    934 Middle Avenue, Elyria, OH 44035

    $105,000
    2,140 sqft 0.15 AC lot
    Two‑unit duplex with 2,140 square feet
    First‑floor unit: 2 bedrooms, 1 full bath, 1,104 sq ft
    Second‑floor unit: 2 bedrooms, 1 full bath, 1,036 sq ft
    Security door allows the two apartments to function as one connected 4‑bedroom, 2‑bath home
    Unfinished basement, garage, and driveway
    View details
    Brick Quadplex with New Boiler
    Brick Quadplex with New Boiler

    428 West Avenue, Elyria, OH 44035

    $294,900
    4,800 sqft 0.19 AC lot

    Four-unit residential property with brick construction, updated heating, garage parking, and public water and sewer service.

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    Duplex with Spacious First-Floor Unit
    Duplex with Spacious First-Floor Unit

    140 School Street, Elyria, OH 44035

    $169,900
    0.21 AC lot

    Two-unit residential income property with separate driveways and a mix of three-bedroom and two-bedroom living spaces.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    4-Unit Brick Quadplex
    4-Unit Brick Quadplex

    428 West Ave, Elyria, OH 44035

    $294,900
    4,800 sqft

    Brick construction and a new boiler system support durable multifamily operations.

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    Brick Duplex with Three-Car Garage
    Brick Duplex with Three-Car Garage

    245 7th Street, Elyria, OH 44035

    $139,900
    0.22 AC lot

    Two leased units provide separate living areas with shared driveway access and garage parking.

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    Two-Story Duplex with Separate Utilities
    Two-Story Duplex with Separate Utilities

    1006 Middle Avenue, Elyria, OH 44035

    $49,900
    2,280 sqft 0.15 AC lot

    Five-bedroom duplex with tenant-paid utilities, driveway parking, and a basement laundry room.

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    Duplex with Driveway Parking
    Duplex with Driveway Parking

    225 Harwood Street, Elyria, OH 44035

    $65,000
    1,728 sqft 0.12 AC lot

    Two-unit residential property with public utilities, natural gas heating, and separate driveway parking.

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    Elyria Mixed-Use Investment Opportunity
    Elyria Mixed-Use Investment Opportunity

    154 Woodbury St, Elyria, OH 44035

    $269,000
    3,552 sqft

    Mixed-use property with commercial space, residential units, and warehouse.

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    Duplex with Finished Dormer
    Duplex with Finished Dormer

    1318 Middle Ave, Elyria, OH 44035

    $105,000
    2,112 sqft

    Separate utility systems support straightforward management for both residential units.

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    Renovated Eight-Unit Multifamily Building
    Renovated Eight-Unit Multifamily Building

    7444 Lake Ave., Elyria, OH 44035

    Contact for pricing

    Eight residential units with recent apartment renovations and exterior upgrades, plus ample on-site parking.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 11 Active listings in Elyria, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Corner Lot Restaurant with Apartment
    Corner Lot Restaurant with Apartment

    1700 E 31st St, Lorain, OH 44055

    $140,000
    1,464 sqft

    Retail restaurant with apartment and full basement on corner lot.

    View details
    Duplex with Driveway
    Duplex with Driveway

    2069 E 29th Street, Lorain, OH 44055

    $170,000
    1,664 sqft

    Two-unit residential property with natural gas, a driveway, and unfinished interior space.

    View details
    Studio Apartment Multifamily Property
    Studio Apartment Multifamily Property

    2833 Seneca Avenue, Lorain, OH 44055

    Contact for pricing

    Well-maintained 15-unit multifamily building with studios, generating gross rental income of about $10,500 per month.

    View details
    22-Unit Duplex Portfolio
    22-Unit Duplex Portfolio

    1533 1545 Fillmore Ave, Lorain, OH 44052

    Contact for pricing

    Multi-building residential income property with tenants responsible for electric and water charges.

    View details

    Off-Market Properties in Elyria, OH

    Consider similar Off-Market properties in Elyria, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    115 Fox Hl Ln, Unit A2
    APARTMENT HOUSE (5+ UNITS)

    115 Fox Hl Ln, Elyria, OH 44035-2701

    Unit A2
    $275,000
    Estimated value
    3,816 sqft 0.83 AC lot
    View details
    258 Brunswick Dr, Unit A
    APARTMENT HOUSE (5+ UNITS)

    258 Brunswick Dr, Elyria, OH 44035-4682

    Unit A
    $190,000
    Estimated value
    4,872 sqft 0.41 AC lot
    View details
    136 Brunswick Dr, Unit D
    APARTMENT HOUSE (5+ UNITS)

    136 Brunswick Dr, Elyria, OH 44035-4627

    Unit D
    $380,000
    Estimated value
    1,886 sqft 0.37 AC lot
    View details
    133 Academy Ct, Unit B
    APARTMENT HOUSE (5+ UNITS)

    133 Academy Ct, Elyria, OH 44035-4646

    Unit B
    $385,000
    Estimated value
    6,602 sqft 1.68 AC lot
    View details
    484 10th St, Unit 2
    APARTMENT HOUSE (5+ UNITS)

    484 10th St, Elyria, OH 44035-7076

    Unit 2
    $240,000
    Estimated value
    1,179 sqft 0.11 AC lot
    View details
    701 Broad St, Unit C10
    APARTMENT HOUSE (5+ UNITS)

    701 Broad St, Elyria, OH 44035-5358

    Unit C10
    $260,000
    Estimated value
    3,768 sqft 0.47 AC lot
    View details
    630 Abbe S Rd, Unit 1
    APARTMENT HOUSE (5+ UNITS)

    630 Abbe S Rd, Elyria, OH 44035-7261

    Unit 1
    $3,475,000
    Estimated value
    8,086 sqft 2.46 AC lot
    View details
    254 Brunswick Dr, Unit A
    APARTMENT HOUSE (5+ UNITS)

    254 Brunswick Dr, Elyria, OH 44035-8701

    Unit A
    $200,000
    Estimated value
    4,872 sqft 0.39 AC lot
    View details
    422 Eagle Cir
    MOBILE HOME PARK, TRAILER PARK

    422 Eagle Cir, Elyria, OH 44035-2613

    $610,000
    Estimated value
    56.71 AC lot
    View details
    417 Ee Ave, Unit 1
    APARTMENT HOUSE (5+ UNITS)

    417 Ee Ave, Elyria, OH 44035-5735

    Unit 1
    $105,000
    Estimated value
    832 sqft 0.25 AC lot
    View details
    316 Furnace St, Unit 1
    APARTMENT HOUSE (5+ UNITS)

    316 Furnace St, Elyria, OH 44035-5068

    Unit 1
    $260,000
    Estimated value
    4,928 sqft 0.20 AC lot
    View details
    501 Delaware Ave, Unit 1
    APARTMENT HOUSE (5+ UNITS)

    501 Delaware Ave, Elyria, OH 44035-6675

    Unit 1
    $1,325,000
    Estimated value
    7,488 sqft 0.96 AC lot
    View details
    605 Abbe N Rd, Unit B9
    APARTMENT HOUSE (5+ UNITS)

    605 Abbe N Rd, Elyria, OH 44035-3053

    Unit B9
    $1,245,000
    Estimated value
    918 sqft 0.04 AC lot
    View details

    Elyria, OH Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Elyria, OH, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 22,708 square feet of properties for sale, with an estimated market value of $1,639,300.

    Sale prices for multifamily properties in Elyria, OH start at $49,900, averaging $163,930, and reaching up to $294,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 7
    Quadplexes 2
    Apartment buildings 1

    Demographics Overview

    Population 110K
    Population Growth (5Y) +3.5%
    Median Household Income $69,523
    College Educated 34.3%

    High-Yield Neighborhoods for Investment

    Identify Elyria submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    44035 $163.9K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lorain County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Elyria fall within the 100,000+ square foot range.

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