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Elyria, OH Single Family Properties for Sale

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Profitable Single-Family Portfolio in Lorain
$375,000
4,601 SF

Profitable Single-Family Portfolio in Lorain

509 Lake Ave, Elyria, OH 44035

Fully occupied portfolio with strong cash flow and potential equity.

  • High cash flow: Portfolio generates $4,070/month ($48,480 annually) with an 8.78% cap rate and a 12.37% cash‑on‑cash return.
  • Significant equity potential: Estimated ARV near $500,000 offers over $150,000 in potential equity through resale.
  • Professionally managed with opportunity to reduce operating costs: Currently managed at 13%, but new management can reduce costs to 5‑8%.
  • Recent renovations: Includes new hot water tanks, furnaces, roof, sewer line repairs, and a full interior renovation across the properties.
  • Fully occupied with long‑term leases: Properties are fully occupied with leases extending through December 2026 and February 2027.
Last Update: Oct 3
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Elyria, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities

Explore Opportunities in Nearby Cities

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

Lorain Multi-Family Investment Opportunity
$155,000
1,566 SF

Lorain Multi-Family Investment Opportunity

Two homes on one lot, ideal for investors or owner-occupants.
2342 Lexington Ave, Lorain, OH 44052
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Two Homes on One Lot
$147,000
1,566 SF

Two Homes on One Lot

Investment property with two homes on one lot in Lorain.
2342 Lexington Ave, Lorain, OH 44052
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Updated Home Near Shopping
$182,500
1,086 SF

Updated Home Near Shopping

Updated 2-bedroom home with modern amenities near shopping and dining.
5236 Creekside Blvd, Brunswick, OH 44212
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Brunswick, OH Land Opportunity
$1,250,000
10.83 Acres

Brunswick, OH Land Opportunity

Residential land with development potential in Brunswick, Ohio.
4999-5035 Center Rd, Brunswick, OH 44212
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Elyria, OH Single Family Properties Investment Opportunities Market Analysis

Explore 1 single family properties for sale in Elyria, OH on our real estate platform. These investment opportunities span a total of 9,148 square feet of properties for sale, with an estimated market value of $375,000.

Prices for single family properties in Elyria, OH start at $375,000, averaging $375,000, and reaching up to $375,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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