$40,000

254 5th St Elyria, OH 44035

Estimated payment $295/month

Total Views 45,674
4 Beds
2 Baths
970 Sq Ft
$41 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • North Facing Home
  • No HOA

About This Home

This 4 bdrm Colonial is basically a clean slate to be rebuilt if so desired. It has been used as an up and down duplex in previous years, and even has separate electric & gas meters...or can be used as a single family home as easy. It has been nearly gutted. Has 2 Bdrms down, 2 bdrms up, and 1 full bath up as well as 1 full bath down.
The Seller has mentioned this home should ideally be sold in a package deal with the 500 Middle Ave commercial building (MLS#5178660), and torn down to expand the parking for the commercial building. They would not want this property to be sold in advance of the commercial building being purchased, but in the event the buyer of the commercial building is ok with just using the vacant lot across the street for parking, then Sellers would be open to selling this property separately at that point, but not prior to it.
Home is being sold AS-IS, would need to be cash only, and seller will make no repairs.

Listing Agent

Karen Mobert

Howard Hanna Brokerage Email: karenmobert@howardhanna.com, 440-785-2073 License #2004008160 Listed on: 01/05/2026

Howard Hanna

Co-Listing Agent

Bob Finch

Howard Hanna Brokerage Email: karenmobert@howardhanna.com, 440-785-2073 License #2001019426

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 40 x 74
  • North Facing Home

Home Design

  • Colonial Architecture
  • Fixer Upper
  • Stone Foundation
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 970 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 06-26-043-000-003

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1900
  • Attribution Contact: karenmobert@howardhanna.com, 440-785-2073
  • Co List Office Phone: 440-365-8392
  • Above Grade Finished Sq Ft: 970.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Attached Yn: No
  • Reso Property Condition: Fixer
  • Tax Year: 2024
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Stories: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.16
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Direction Faces: North
  • Foundation Details: Stone

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, No Garage

Utilities

  • LaundryFeatures: In Basement
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Elyria CSD - 4706

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 06-26-043-000-003
  • LandLeaseYN: No
  • Lot Dimensions: 40 x 74

Tax Info

  • Tax Annual Amount: 1125.5

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $974 $20,104 $6,552 $13,552
2023 $1,050 $18,372 $3,801 $14,571
2022 $1,022 $18,372 $3,801 $14,571
2021 $1,025 $18,372 $3,801 $14,571
2020 $1,056 $16,840 $3,480 $13,360
2019 $1,049 $16,840 $3,480 $13,360
2018 $1,051 $16,840 $3,480 $13,360
2017 $1,005 $15,430 $3,280 $12,150
2016 $992 $15,430 $3,280 $12,150
2015 $931 $15,430 $3,280 $12,150
2014 $920 $15,430 $3,280 $12,150
2013 $912 $15,430 $3,280 $12,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2026 03/13/26 For Sale $40,000 0.0% $41 / Sq Ft
01/10/2026 01/10/26 Off Market $40,000 -- --
01/05/2026 01/05/26 For Sale $40,000 -- $41 / Sq Ft
Source: MLS Now (Howard Hanna)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Source: Public Records

About the Listing Agent

Karen Mobert

Howard Hanna

(440) 664-1304

Section Image

Since beginning my full time career as a Real Estate Agent in 2004, I have honestly continued to enjoy the variety of activity this profession presents, for not only all the successes and happiness I experience with my clients, but also with all the problems we learn to resolve, and all the challenges we figure out how to overcome together, and even how to endure myself to every new individual and personality I get to meet along the way. Working in the Real Estate industry means we will never

Karen's Other Listings

  • 38205 Pelican Lake Dr, North Ridgeville, OH 44039

    $329,900 Under Contract

    • 3 Beds
    • 2 Baths
    • 2,094 Sq Ft
    • 38205 Pelican Lake Dr
    • North Ridgeville, OH

    This Meadow Lakes devlpmt is one of North Ridgeville's most appealing communities with a mix of all ages and variety styles of homes, making this 3 bdrm 2 bath Ranch home w/ approx 781 additional sqft of finished bsmt a super desirable choice for any buyer! A nice size brick patio is surrounded by the newly installed wood privacy fence (2023), which is a huge plus for those who enjoy having pets,

    Karen Mobert Howard Hanna

    Section Image
  • 336 Granger Dr, Lagrange, OH 44050

    $415,000 Under Contract

    • 3 Beds
    • 2.5 Baths
    • 2,315 Sq Ft
    • 336 Granger Dr
    • Lagrange, OH

    This quality built Maranatha Custom Cape Cod style Home showcases a rare opportunity to enjoy luxury living in one of Lagrange's premier, sought after golf course communities, while offered at an affordable price. It wont be hard to understand what makes this home so special inside and out once you have viewed it. A panoramic view of the prestigious Grey Hawk at Durham Ridge golf course can be

    Karen Mobert Howard Hanna

    Section Image
  • 314 Boston Ave, Elyria, OH 44035

    $188,800 Sold Nov 26, 2025

    • 3 Beds
    • 2 Baths
    • 910 Sq Ft
    • 314 Boston Ave
    • Elyria, OH

    The fresh smell of newly painted walls and brand new carpeting is a great way to be introduced to this newly remodeled turn-key ranch home that underwent some major improvements just over the past 4 months, inside & out. So much has been done throughout, its basically like NEW CONSTRUCTION. The spacious eat-in kitchn and main bathrm were both gutted with all new plumbing, electrical, light

    Karen Mobert Howard Hanna

  • 122 Notre Dame Cir, Elyria, OH 44035

    $251,000 Sold Sep 22, 2025

    • 3 Beds
    • 2 Baths
    • 2,296 Sq Ft
    • 122 Notre Dame Cir
    • Elyria, OH

    This multi-level updated 3 bdrm/2 bath Split Level is really spacious, has a full bsmt & A huge 4 season sunrm overlooking the beautiful green space. The 2 additional parcels (a total of 3) add a lot of privacy along with room to roam beyond the smaller enclosed fenced-in area. Upon arrival you first notice the manicured yard with tastefully arranged Perennial plants. Once inside you feel the

    Karen Mobert Howard Hanna

  • 800 Woodland Ave, Elyria, OH 44035

    $105,000 Sold Oct 30, 2025

    • 3 Beds
    • 1.5 Baths
    • 1,664 Sq Ft
    • 800 Woodland Ave
    • Elyria, OH

    If you're an investor looking for a good value flip, or have some handyman skills looking for a winter project...here it is! You can bring this tarnished gem back to its potential. This style and size ranch home is a rare find for this area. There's no basement, just a few steps to enter the home, then you have the convenience of everything on 1 floor. The living room is huge. Features a

    Karen Mobert Howard Hanna

  • 38505 Sugar Ridge Rd, North Ridgeville, OH 44039

    $305,000 Sold Jul 15, 2025

    • 3 Beds
    • 3 Baths
    • 2,220 Sq Ft
    • 38505 Sugar Ridge Rd
    • North Ridgeville, OH

    With a little cosmetic TLC, you can transform this spacious, 2220 sqft, 3 level Cape Cod style home into the amazing property that it once was. This home's beautiful curb-appeal is viewed from the corner of Sugar Ridge & Bender Rd. There is so much room to roam inside and out, with large room sizes throughout, and it sits on a 1.39 acre lot, with a 2 car attched garage, as well as a 608 sqft

    Karen Mobert Howard Hanna

  • 41341 Ravines Edge Way, Lagrange, OH 44050

    $617,100 Sold Mar 27, 2026

    • 3 Beds
    • 3.5 Baths
    • 3,616 Sq Ft
    • 41341 Ravines Edge Way
    • Lagrange, OH

    This gorgeous Steiner built custom Ranch home has had tons of high quality upgrades over the years. Has spacious rooms throughout & an open floor plan. Its absolutely stunning inside and out. Located on the cul-de-sac and 1.99 acres of surrounding green space. The back yard offers plenty of private space to relax and enjoy the 18'x33' above ground/heated pool with an extra large patio thats

    Karen Mobert Howard Hanna

  • 29 S Pleasant St, Oberlin, OH 44074

    $182,900 Sold Nov 11, 2025

    • 2 Beds
    • 2 Baths
    • 1,400 Sq Ft
    • 29 S Pleasant St
    • Oberlin, OH

    When choosing this well cared for, updated century home with beautiful curb-appeal, you're also getting the best mix of charm from yesteryear, while not sacrificing any modern day conveniences or functionality. Be sure to see the photo captions of All the new big $$ improvements completed. Some perks of this home include its location being so convenient to the College campus, and all the downtown

    Karen Mobert Howard Hanna

  • 12214 Thompson Rd, Vermilion, OH 44089

    $215,000 Sold Feb 28, 2026

    • 3 Beds
    • 2 Baths
    • 1,402 Sq Ft
    • 12214 Thompson Rd
    • Vermilion, OH

    Here's a great opportunity to get a move-in-ready ranch style home at an affordable price that just needs some minor TLC improvements. This 3 bdrm 2 bath home has a very functional floor plan, and some great features like decent room sizes, a dry basement, a 3 season sunroom, a large cedar closet and by having a double lot (0.51 acres) and some perimeter trees, it offers a little extra privacy

    Karen Mobert Howard Hanna

Source: MLS Now (Howard Hanna)

MLS Number: 5178621

MLS Now (Howard Hanna)

APN: 06-26-043-000-003

Your Personal Tour Guide

Ask me questions while you tour the home.