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$ 105,000

Est. payment -/mo

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1318 Middle AVE Elyria, OH 44035

3 Beds

2 Baths

2,112 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,112 sqft

Price per Sqft $49

Subdivision Faxon Sub

MLS Listing ID 5224263

Bedrooms 3

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 2,112

Year Built 1900

Annual Tax Amount $1,228

Tax Year 2025

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type Duplex

Property Description

Welcome to 1318 Middle Ave in Elyria, a duplex full of potential and an excellent opportunity for investors or owner-occupants looking to build equity. With projected HUD Fair Market Rent exceeding $2,000 per month, this property offers strong income potential while leaving room for future appreciation. Many of the major improvements have already been completed, including a new roof in 2021, along with newer windows, a newer front porch, and some updated siding. Combined with recent fixture updates in the kitchen and bathroom, this property is truly turnkey and ready for its next owner. The first-floor unit offers one bedroom, while the second-floor unit features two bedrooms, including a finished third-floor dormer that provides additional living space and flexibility. Both the upstairs and downstairs refrigerators and stoves will convey with the sale. Separate gas and electric meters, along with separate water heaters for each unit, make utility management simple. Both units also have access to the basement, complete with laundry hookups. Whether you're looking for your next investment property, a house hack, or a duplex with solid bones and room to add value over time, 1318 Middle Ave offers the perfect combination of immediate cash flow, major capital improvements and future upside. Make your appointment today!

Location

State OH

County Lorain

Rooms

Basement Unfinished

Interior

Heating Forced Air, Gas

Cooling None

Fireplace No

Appliance Range, Refrigerator

Exterior

Parking Features Shared Driveway

Water Access Desc Public

Roof Type Asphalt

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Schools

School District Elyria Csd - 4706

Others

Tax ID 06-26-006-102-005

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW

Listed by Jeffrey McManamon • Hotdoors, LLC • jeff@hotdoors.com, 440-227-6739

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