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41957 N Ridge Rd, Elyria, OH 44035

$290,000
Last sold 06/14/2025 after 91 Days
3
bed
1
bath

House not for sale

Movoto is helping 33 homebuyers near you

About 41957 N Ridge Rd

Property type House

Neighborhood

Year built 1920

HOA fee $0/month

Lot size 0.86 Acre

Rental estimate

Property description

This totally renovated home is only being sold as part of the full commercial listing mls #5105267 Prime Income-Generating Commercial Property Seize this incredible investment opportunity! This versatile property features a 7,092 sq. ft. main building divided into three distinct spaces: a rear unit (3,452 sq. ft.), plus center and front units (each 1,800 sq. ft.) with upstairs offices. A garage and a single-family home add even more potential. Currently, the large and center spaces and garage are leased, generating $2,550/month in rental income, with room to increase earnings. Located in a high-traffic commercial area with ample parking, this property is perfect for continued rental income or launching your own business. Don’t miss this prime opportunity—schedule a showing today!

Listed by

Listing Agent - Virginia Lindsay

Listing Agent Contact: Vlindsay@thelindsayteam.com 216-407-7759

Listing Office - Keller Williams Citywide

Source: MLS Now

MLS#5106815 • last updated 9 months ago

Movoto checked MLS Now for data 22 minutes ago

Overview
Cooling/AC	Wall Unit(s)
Levels/Style	Two, Bungalow
MLS #	5106815
Status	Active
Lot Size (Acres)	0.86
Property Tax	6875.78

Interior
Total # of Bathrooms	1
# Full Baths	1
# Bedrooms	3
Basement	None

Exterior
Construction	Board & Batten Siding

Amenities / Utilities
Sewer/ Septic	Public Sewer
Water Source	Public

Location
Subdivision	Wilbur Heights
Elem School District	Elyria CSD - 4706
Middle School District	Elyria CSD - 4706
High School District	Elyria CSD - 4706

Lot/ Land Details

We are not permitted to show value estimates for this property.

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Nov 2025
MLS # 5106815
Nov 6, 2025 Sold
$290,000 (-10.8%)
Jul 14, 2025 Active
—
Jun 14, 2025 Pending
—
Apr 23, 2025 Price Change
$325,000 (-7.1%)
Mar 15, 2025 Listed
$350,000

Year Property taxes Tax assessment
2024
$1,015 -16.7%

$15,173 +0.55%
2023
$1,218 +0.5%

$15,090
2022
$1,212 +4.6%

$15,090
2021
$1,159 -4.8%

$15,090
2020
$1,218 +1.0%

$15,090
2019
$1,206

$15,090

41957 N Ridge Rd
$290K
Wilbur Heights
—
44035
$289K +28% y/y
Elyria
$284K +26% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
41184 Wilbur St, Elyria, OH 44035	$167,000	3/1	1,312	0.03
41194 Wilbur St, Elyria, OH 44035	$139,000	2/1	1,161	0.04
42014 Wilbur St, Elyria, OH 44035	$228,000	4/2	1,986	0.05
41195 Wilbur St, Elyria, OH 44035	$148,000	4/1	1,104	0.06
42011 Wilbur St, Elyria, OH 44035	$104,000	2/1	864	0.07
1779 N Ridge Rd E, Lorain, OH 44055	$114,000	3/1	808	0.08
42048 Wilbur St, Elyria, OH 44035	$76,000	2/1	1,200	0.08
42031 Wilbur St, Elyria, OH 44035	$194,000	—/—	—	0.09

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.