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    Elyria, OH
    Residential Income

    Elyria, OH Residential Income Properties for Sale

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    Found 9 residential income properties for sale in Elyria, OH, averaging $76/sq ft. Use valuation data to compare deals faster.
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    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
    Updated: May 12
    Brick Quadplex with New Boiler

    428 West Avenue, Elyria, OH 44035

    $289,900
    4,800 sqft 0.19 AC lot
    Four‑unit residential building containing 4,800 square feet
    0.19‑acre parcel in Elyria, OH
    Brick exterior with asphalt roof
    New boiler system with steam and hot‑water heating
    Garage and driveway parking
    View details
    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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    See what stands out in Lorain County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    4-Unit Brick Quadplex
    4-Unit Brick Quadplex

    428 West Ave, Elyria, OH 44035

    $289,900
    4,800 sqft

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

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    Duplex with Forced-Air Heating
    Duplex with Forced-Air Heating

    211 Brace Avenue, Elyria, OH 44035

    $145,800
    1,296 sqft

    Two-unit residential property with natural gas service and forced-air heating in Elyria.

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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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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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    Mixed-Use Property with Apartment
    Mixed-Use Property with Apartment

    436 Cleveland St, Elyria, OH 44035

    $199,900
    1,600 sqft 0.26 AC lot

    Retail/office space with a two-bedroom apartment and parking.

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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 80 Potential Opportunities for your consideration. Besides 9 Active listings in Elyria, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    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.

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    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.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Buildable Lot in Elyria
    Buildable Lot in Elyria

    352 8th Street, Elyria, OH 44035

    Contact for pricing
    0.25 AC lot

    Affordable .25 acre lot suitable for building a home.

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    Riverfront Duplex-Ready Land
    Riverfront Duplex-Ready Land

    V/L E Avenue, Elyria, OH 44035

    $65,000
    1.99 AC lot

    1.99-acre riverfront parcel zoned R-TH with approximately 230 feet of frontage and permitting for a duplex by right.

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    37.48 Acres Prime Oberlin Land
    37.48 Acres Prime Oberlin Land

    47094 US Highway 20, Oberlin, OH 44074

    $899,900
    37.45 AC lot

    Prime land in Oberlin with future development potential.

    View details
    Westlake Land for Custom Homes
    Westlake Land for Custom Homes

    2161 Vuila Court, Westlake, OH 44145

    $235,000
    0.75 AC lot

    Land available for custom homes in Vuila Park Subdivision.

    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
    605 Abbe N Rd, Unit B8
    APARTMENT HOUSE (5+ UNITS)

    605 Abbe N Rd, Elyria, OH 44035-3053

    Unit B8
    $1,245,000
    Estimated value
    918 sqft 0.04 AC lot
    View details
    605 Abbe N Rd, Unit B7
    APARTMENT HOUSE (5+ UNITS)

    605 Abbe N Rd, Elyria, OH 44035-3053

    Unit B7
    $1,245,000
    Estimated value
    918 sqft 0.04 AC lot
    View details

    Elyria, OH Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Elyria, OH, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 20,300 square feet of properties for sale, with an estimated market value of $1,574,400.

    Sale prices for residential income properties in Elyria, OH start at $105,000, averaging $196,800, and reaching up to $289,900 — 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

    Multifamily properties 8
    Duplexes 4
    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 $167.2K

    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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