228 Gates, Elyria, OH 44035
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228 Gates, Elyria, OH 44035
228 Gates, Elyria, OH 44035
228 Gates, Elyria, OH 44035
228 Gates, Elyria, OH 44035
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$ 123,000
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228 Gates Elyria, OH 44035

4 Beds

2 Baths

1,491 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,491 sqft

Price per Sqft $82

Subdivision Gates

MLS Listing ID 5244165

Bedrooms 4

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 1,491

Year Built 1900

Annual Tax Amount $1,494

Tax Year 2025

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type Duplex

Property Description

Great turn-key investment opportunity! This well-maintained duplex features 2 bedrooms and 1 full bathroom in each unit, with spacious living rooms, remodeled kitchens, and updated bathrooms.

The upstairs unit is now **vacant and move-in ready** and has been **professionally painted and cleaned**, making it a great option for an owner-occupant or a new tenant. The downstairs unit is currently occupied by a month-to-month tenant paying **$875/month**.

Recent improvements include basement waterproofing and a sump pump in 2022, newer hot water tanks (2019), furnaces (2021 upstairs and 2017 downstairs), and newer refrigerators in both units. Tenants pay their own utilities except water and sewer.

The property features a slate roof that is in good condition and offers plenty of basement storage. Conveniently located near shopping, Downtown Elyria, schools, and other local amenities.

Whether you're looking to house hack or add another income-producing property to your portfolio, this duplex offers plenty of potential. Schedule your showing today!

Location

State OH

County Lorain

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air, Gas

Cooling Window Unit(s)

Fireplace No

Laundry In Unit

Exterior

Parking Features No Garage, Paved

Fence Chain Link, Partial, Wood

Water Access Desc Public

Roof Type Slate

Accessibility None

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Elyria Csd - 4706

Others

Tax ID 06-26-019-102-010

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA

Listing Terms Cash, Conventional, 1031 Exchange, FHA


IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by George Vujadinovic • EXP Realty, LLC. • home4u@georgesoldit.com, 440-502-9128
Josh Whitacre

Josh Whitacre

Agent

+1(330) 412-8800

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228 Gates