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2505 Elyria Avenue, Lorain, OH 44055

$140,000
  • 2505 Elyria Avenue, Lorain, OH 44055 Main Photo
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New to the Market Active
BEDS5 BATHS2 full 1 partial MLS#5236858
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONSlavish SCHOOLLorain City

Property Description

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.

2505 Elyria Avenue | MLS# 5236858

This single family home located at 2505 Elyria Avenue, Lorain, OH 44055 is currently listed for sale with an asking price of $140,000. This property was built in 1900 and has 5 bedrooms and 2 full and 1 partial baths. Elyria Avenue is located in the Slavish subdivision within the Lorain City school district. Search Slavish real estate on dehoffcommercial.dehoff.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Finished
Cooling: None
Heating: Forced Air
Home Style: Colonial
Lot Size: 0.11 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $1,679 / year
Year Built: 1900

Feature Descriptions

Days on Site: 2
Exterior: Vinyl Siding
Parcel#: 02-00-093-113-001
Parking: Driveway
Sewer: Public Sewer
Water: Public

Local Schools

School District: Lorain City

Listed By / Shown By

Listed By

Agency Name: D.A.R.E
Agency Contact: 216-287-1766, darerealtyllc@gmail.com

Shown By

Agent Name: DeHOFF Commercial Real Estate
Agent Phone: (330) 499-8153
Agency Title: DeHOFF REALTORS

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Estimated Payment

$ 799.22 per month $618.47 Principal & Interest $139.92 Property Tax $40.83 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information 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. Information on this site was last updated 08/18/2026. The listing information on this page last changed on 08/18/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 08/18/2026 12:01:28 AM EST) or MLS NOW (last updated Mon 08/17/2026 11:57:37 PM EST). Real estate listings held by brokerage firms other than DeHOFF REALTORS may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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