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$515,000
2 Days On Site

2550 Elyria Avenue
Lorain, OH 44055

For Sale|Apartment|Active
0
Beds
0
Full Baths
0
Partial Baths
5,200
SqFt
$99
/SqFt
1890
Built
Subdivision:
South Broadway
County:
Lorain

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2550 Elyria Avenue2550 Elyria Avenue2550 Elyria Avenue2550 Elyria Avenue
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Absolute dynamite! Apartments 2, 5, and 6 were taken down to the frame and rebuilt. Work on these units was just completed with new white cabinetry, quartz tops, LVP flooring, windows upgraded, along with electrical. Almost all units now have hard surface tops. Five of eight units at this time are occupied. Common area laundry. Roof in 2025 w/ Puma XL System. Just over $7400 in income this property is expected to generate. You cannot go wrong at this price. All units in the building have gone through moderate to major upgrades and improvements. Do not wait on this opportunity.

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Listing Snapshot
Price 
$515,000
Days On Site 
2 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,200 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.15 Acres
Year Built 
1890
MLS® Number 
5122876
Status 
Active
Property Tax 
$2,583
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing first seen on site
3 days agoListing updated with changes from the MLS®
General Features
Acres 
0.15
Additional Property Use 
Multi-Family
Number Of Stories 
2
Parking 
Parking Lot
Parking Spaces 
8
Property Sub Type 
Apartment
Sewer 
Public Sewer
SqFt Total 
5200
Stories 
Two
Water Source 
Public
Interior Features
Basement 
Full
Heating 
BaseboardForced Air
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Exterior Features
Fencing 
Chain Link
Community Features
School District 
Lorain CSD - 4709
Township 
Lorain
Schools
School District
Lorain CSD - 4709
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Matthew P Klein of Walnut Creek Realty, LLC.



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Information Deemed Reliable But Not Guaranteed. Copyright 2025 - Multiple Listing Service, Inc. – All Rights Reserved.

Neighborhood & Commute
Source: Walkscore
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