Price Reduction
Listed By:
D.A.R.E
Address
2505 Elyria Avenue, Lorain, OH
Price
$ 125,000
Property Attributes
  • MLS#5236858
  • TypeSingle Family
  • Listing Status Active
  • CountyLorain
  • CityLorain
  • NeighborhoodSlavish
  • Zip44055
  • Style
  • Year Built1900
  • Taxes$ 1679
  • Price$ 125,000
  • Bedrooms5
  • Full Bathrooms2
  • Half Bathrooms1
  • Lot Size0.11 Acres
Data Source:
MLSNow
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.

Price History
8/15/2026 Listed $140,000
8/23/2026 11$125,000

General Features

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

Property vs Single Family Average in 44055

Price
AVG $150K
$130K
Taxes
AVG $1,813
$1,679
Year Built
AVG 1927
1900

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.