228 Gates, Elyria, OH 44035

Elyria
Local realty services provided by:ERA Real Solutions Realty
228 Gates,Elyria, OH 44035
$126,500
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  • 4 Beds
  • 2 Baths
  • 1,491 sq. ft.
  • Multi-family
  • Active
Listed by: george vujadinovic
Office: exp realty, llc.
MLS#:5224523
Source:OH_NORMLS

Price summary

  • Price:$126,500
  • Price per sq. ft.:$84.84

About this home

Great turn-key investment property! This duplex features 2 bedroom & 1 full bath on each unit. A large living room, remodeled kitchen & an updated full bathroom are found in each move in ready unit. The basement provides ample storage and has been recently waterproofed(2022). Newer Hot water tanks 2019 up & 2019 down; Sump pump(2022), Newer Furnaces 2021 up, 2017 down. New fridges in both units. Both units are occupied with wonderful tenants. The downstairs tenant is month to month paying $875 and upstairs tenant's lease expires on 12/31/2026 and they are paying $720. $1595 a month in rent, great cash flowing double Tenant pays all utilities except water and sewer! No showings until the offer is accepted. House has a slate roof but it's in a good condition. Great location close to shopping areas, downtown Elyria, Schools and much more! Call today!

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Home facts

  • Year built:1900
  • Subdivision & Development:Gates
  • Listing ID #:5224523
  • Added:41 day(s) ago
  • Updated:August 13, 2026 at 02:32 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Basement:Yes
  • Basement Description:Full, Unfinished
  • Living area:1,491 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Slate
  • Year built:1900
  • Building area:1,491 sq. ft.
  • Lot area:0.08 Acres
  • Construction Materials:Vinyl Siding
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$126,500
  • Price per sq. ft.:$84.84
  • Tax amount:$1,465 (2024)

Parking

  • Parking description:Paved
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