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1004 East Avenue

Elyria, OH 44035
  • $135,000
  • STATUS: Closed
  • ON SITE: 116 Days
  • MLS #: 5209788
Sold - 08/13/2026
$135,000
SOLD - 08/13/2026
  • 7
    BEDS
  • 2.24
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 4,004
    SQFT
  • $34
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

School District:
Listing courtesy of Coldwell Banker Schmidt Realty.
Listing information © 2026 YES-MLS.

Description

Attention investors & owner-occupied buyers looking for a rare 4-family opportunity w/tremendous upside potential! Build instant sweat equity w/this spacious quadplex offering 4 units on 3 finished levels...total of 7 bedrooms & 4 baths. Much of the remodeling work has already been completed, but some finishing remains, giving the next owner the opportunity to add value & maximize returns. Situated on a prime riverfront lot in an investment-friendly area including low taxes, strong rental demand & excellent Section 8 potential. Property offers exceptional income-producing possibilities whether you are expanding your portfolio, looking for multi-generational living or planning to live in one unit while letting the others help pay your mortgage. Major improvements already completed include lead abatement, solid roof, updated vinyl windows plus freshly improved exterior. Spacious layout & flexible unit configuration create excellent rental appeal & long-term investment potential. Vacant and easy to show, allowing immediate access for renovations or tenant placement. Seller lives outside the country and has found it difficult to complete the project remotely, creating a fantastic opportunity for the next owner to capitalize on the work already completed. Strong investment opportunity with excellent upside potential. No wholesalers, no owner financing and serious qualified inquiries only. Don’t miss this unique riverfront multifamily opportunity!

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Listing information © 2026 YES-MLS. All rights reserved. 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 The Jess Nader Team | REMAX CROSSROADS are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2026-09-16T00:08:06.547.
www.jessnader.com/homes/176787910
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1004 East Avenue Elyria, OH 44035

  • Price: $179,900
  • Status: Closed
  • On Site: 116 Days
  • MLS #: 5209788
7
Beds
4
Baths
0
½ Baths
2.24
Acres
4,004
SQFT
$34
$/SQFT
1900
Built
Neighborhood:
East Ave
County:
Lorain
Area:
Elyria
School District:
Elyria CSD
Property Description
Attention investors & owner-occupied buyers looking for a rare 4-family opportunity w/tremendous upside potential! Build instant sweat equity w/this spacious quadplex offering 4 units on 3 finished levels...total of 7 bedrooms & 4 baths. Much of the remodeling work has already been completed, but some finishing remains, giving the next owner the opportunity to add value & maximize returns. Situated on a prime riverfront lot in an investment-friendly area including low taxes, strong rental demand & excellent Section 8 potential. Property offers exceptional income-producing possibilities whether you are expanding your portfolio, looking for multi-generational living or planning to live in one unit while letting the others help pay your mortgage. Major improvements already completed include lead abatement, solid roof, updated vinyl windows plus freshly improved exterior. Spacious layout & flexible unit configuration create excellent rental appeal & long-term investment potential. Vacant and easy to show, allowing immediate access for renovations or tenant placement. Seller lives outside the country and has found it difficult to complete the project remotely, creating a fantastic opportunity for the next owner to capitalize on the work already completed. Strong investment opportunity with excellent upside potential. No wholesalers, no owner financing and serious qualified inquiries only. Don’t miss this unique riverfront multifamily opportunity!
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Other Vinyl Siding Wood Siding Frontage Type River Garage YN No Levels Three Or More Lot Features Waterfront Parking Features Driveway Gravel Roof Asphalt Fiberglass Waterfront Features River Front Waterfront Waterfront YN Yes

Interior Features

Basement Unfinished Walk- Out Access Basement YN Yes Below Grade Finished Area 1486 Cooling None Cooling YN No Heating Baseboard Electric Forced Air Gas Heating YN Yes Laundry Features Laundry Room Main Level Bathrooms 0

Property Features

Above Grade Finished Area 2518 Buyer Financing Rehab Financing Elementary School District Elyria CSD - 4706 Home Warranty YN No Middle Or Junior School District Elyria CSD - 4706 Property Sub Type Quadruplex Sewer Public Sewer Tax Annual Amount 1248 Township Elyria Water Source Public

Listing information © 2026 YES-MLS.
Listing provided courtesy of Coldwell Banker Schmidt Realty: 440-327-2123.
Listing information © 2026 YES-MLS. All rights reserved. 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 The Jess Nader Team | REMAX CROSSROADS are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2026-09-16T00:08:06.547.
 
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The Jess Nader Team | REMAX CROSSROADS
2040 Front Street
Cuyahoga Falls OH, 44221
Listing courtesy of Coldwell Banker Schmidt Realty.
Listing information © 2026 YES-MLS.