2505 Elyria Avenue

Lorain, OH
$ 125,000 Beds 5 Baths 2.5 Virtual Tour
Monthly Estimate* How much can I afford?

Opportunity awaits with this spacious 5-bedroom, 2-bath home offering an incredible amount of space and potential. This property is a great opportunity for an investor, contractor, or family looking for a large home to make their own. The property is currently listed with the county as a duplex, although the home is presently laid out and being used as a single-family residence. With the proper work and modifications, there is potential to convert the property back into a duplex, providing an excellent opportunity for an investor or someone looking for additional income potential. Buyers should verify zoning, permitting, and conversion requirements with the appropriate local authorities. The home does need a moderate amount of work, but several projects have already been started. The main bathroom renovation is underway and is just short of the finishing touches, including tile and a vanity. All of the materials that were already purchased for the bathroom are being left with the home. The basement is partially finished and includes a bathroom, providing additional space and potential for the new owner. The property also includes a refrigerator, stove, washer, and dryer. These appliances were relatively new and in working condition and have been left at the property. With 5 bedrooms, 2 bathrooms, a large layout, duplex potential, and plenty of room to customize, this property offers numerous possibilities. Whether you're an investor looking for your next project or a family looking for a large home with room to grow, this property is worth a look. Property is being sold as-is.

Active

  • Price
  • $ 125,000
  • City
  • Lorain
  • Bedrooms
  • 5
  • Full Bathrooms
  • 2
  • County
  • Lorain
  • Half Bathrooms
  • 1
  • Area
  • Lot Size
  • 0.11 Acres
  • Zip
  • 44055
  • Year Built
  • 1900
  • Taxes
  • $ 1679
  • Style
  • MLS#
  • 5236858
Listed By: D.A.R.E
Data Source: MLSNow

Features

General

Sewer Public Sewer
Heating Forced Air
Cooling None
Possession Negotiable
Roof Asphalt,Fiberglass
Architectural Style Colonial
Construction Materials Vinyl Siding
Year Built 1900
Stories Count 2
Township Lorain
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County Lorain
Property Type Residential
HOA false
Attached Garage false
Subdivision Name Slavish
Garage Y/N false
Total Rooms 9
Full Baths 2
Status Active
Directions I90 to Broadway/Middle ridge exit. Turn right(North). Take until 28th st. Turn right (east) to Elyria ave. Turn left (north) Home will be on the corner of 25th. Drive way is stone in the back off 25th st. Contact Jeremy not Maria.
ModificationTimestamp 2026-09-01T19:45:34.130-00:00
City Lorain
High School District Lorain CSD - 4709
Lot Size Units Acres
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 1679
Home Warranty Y/N false
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Lorain CSD - 4709
Elementary School District Lorain CSD - 4709
Year Built Source Assessor
Property Sub Type Additional Single Family Residence
PostalCity LORAIN
Legal Description SLAVISH 41.53 X 120 LOT # 37

Interior Features

Basement Finished
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Half Baths 1
Total Bedrooms 5
Main Level Bedrooms 1
Total Baths 3

Exterior Features

Parking Features Driveway
Water Source Public
Lot Size Area 0.11
Foundation Details Block
Lot Size Acres 0.11
Lot Size Source Assessor
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Youngstown, OH office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/15/2026 Listed $140,000
8/23/2026 11% - $125,000

Property vs Zip Code Average in 44055

Price
AVG $140K
$130K
Taxes
AVG $1,503
$1,679
Year Built
AVG 1928
1900

Areas That We Cover

2505 Elyria Avenue Lorain, OH is a Single Family Home for sale at $125000 and a lot size of 0.11 Acres Acre(s). 2505 Elyria Avenue Lorain has 5 bedrooms, 2 baths and was built in 1900. The property's zip code is 44055 which is in Lorain, OH

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Ryan Santha

Ryan Santha

330-286-7585

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