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Sold on 05/15/2025
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116 E 4th St, Elyria, OH 44035

  • $63,415

    Last sold 05/15/2025 for $60K

  • —

    bed

  • —

    bath

  • 1,691

    Sqft ($35/Sqft)

Multi-family not for sale
Movoto is helping 33 homebuyers near you

About 116 E 4th St

Property type Multi-family
Neighborhood
Year built 1910
HOA fee $0/month
Lot size 6,534 Sqft
Movoto estimate
Rental estimate
Property description
This is a blank canvas, just waiting for someone looking for an investment opportunity! With some sweat equity - you could have an income producing property. Good news - the demo has already been done PLUS this property has been completely re-wired, has all new sewer lines and all interior water lines have been replaced too. This could be used as an office with an upstairs income producing apartment or transform the lower unit into another apartment - and have a duplex. Zoned business/residential, you have a few income producing options. 2 furnaces/2 gas meters, one electric meter and one water bill. The roof was replaced in 2018 and comes with a 50-year warranty, don't miss all of the ample parking (6+ spaces), and most importantly this location is close to the hospital. Previously used as an owner-occupied business with a tenant upstairs that paid $650.00. Very affordable utilities. EASYTO SHOW!
Listed by
Listing Agent - Tarina M Sidoti
Listing Office - Berkshire Hathaway HomeServices Pro. - Sandusky
Source: Firelands Association of REALTORS mls logo
MLS#20250524 • last updated 1 year ago
Movoto checked Firelands Association of REALTORS for data 14 minutes ago
Overview
Cooling/AC Central
Heating Forced Air, Gas
SqFt 1691
Status Active
MLS # 20250524
Type Multiple Units
SubType Multiple Units
Lot Size (SqFt) 6534
Lot Size (Acres) 0.15
Semi-Annual Property Tax 1148.17
Year Built 1910
Interior
Exterior
Foundation Basement
Roof Asphalt
Exterior Construction Wood
# Parking Spaces 6
Amenities / Utilities
Electricity ON
Sewer/ Septic Public Sewer
Water Public
Location
Area Elyria
County Lorain
APN 625098102004
Multifamily Details
$63.4K
Range: $57K-$69.7K
Last 30 days 
Rental est.: $859/month
Gross rent multiplier: 7.7 - Good
  • Apr 2025
    mls logo MLS # 20250524
  • Apr 28, 2025 Price Change
    $79,000 (-20.2%)
  • Feb 26, 2025 Price Change
    $99,000 (-9.2%)
  • Feb 19, 2025 Listed
    $109,000
  • 116 E 4th St
    $60K
  • Elyria
    $179K
  • 44035
    $260K +15% y/y
  • Elyria
    $240K +6% y/y
No chart available
Statistics calculated by Movoto

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N/A
McKinley Elementary School
public Grades K-5
Elyria City Schools
3/10
Eastern Heights Middle School
public Grades 5-8
Elyria City Schools
3/10
Elyria High School
public Grades 9-12
Elyria City Schools
Source: GreatSchools.org © 2026. All rights reserved.

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  • Lorain County
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  • 116 E 4th St
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