1004 East Avenue, Elyria, OH, 44035

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$179,900
3 Days On Site

1004 East Avenue
Elyria, OH 44035

For Sale|Quadruplex|Active
7
Beds
4
Total Baths
4
Full Baths
4,004
SqFt
$45
/SqFt
1900
Built
Subdivision:
East Ave
County:
Lorain
Call Now: 330-440-3253
Is this the listing for you? We can help make it yours.
330-440-3253
1004 East Avenue1004 East Avenue1004 East Avenue1004 East Avenue
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Monthly Payment (Est.)

$821
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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 Snapshot
Price 
$179,900
Days On Site 
3 Days
Bedrooms 
7
Inside Area (SqFt) 
4,004 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
2.24 Acres
Year Built 
1900
MLS® Number 
5209788
Status 
Active
Property Tax 
$1,248
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing first seen on site
4 days agoListing updated with changes from the MLS®
General Features
Acres 
2.24
Levels 
Three Or More
Number Of Stories 
3
Parking 
DrivewayGravel
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
SqFt Above 
2518
SqFt Below 
1486
Water Source 
Public
Interior Features
Basement 
UnfinishedWalk-Out Access
Heating 
Natural GasBaseboardElectricForced Air
Laundry Features 
Laundry Room
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Exterior Features
Construction Details 
OtherVinyl SidingWood Siding
Frontage 
River
Lot Features 
Waterfront
Roof 
AsphaltFiberglass
Waterfront 
Yes
Waterfront Features 
River FrontWaterfront
Community Features
School District 
Elyria CSD - 4706
Township 
Elyria
Schools
School District
Elyria CSD - 4706
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Christopher A Frederick of Coldwell Banker Schmidt Realty



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Information Deemed Reliable But Not Guaranteed. Copyright 2026 - Multiple Listing Service, Inc. – All Rights Reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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