3177 Elyria Ave Lorain, OH 44055
Estimated payment $973/month
Highlights
- Ceiling Fan
- Baseboard Heating
- Wood Siding
About This Home
Introducing a prime opportunity to own a versatile multi-unit building in Lorain. This property features multiple income-generating residential units on the upper floors, while offering complete flexibility on the first floor—ideal for a variety of uses.
Whether you're envisioning a retail storefront, office space, café, wellness studio, or a spacious ground-level apartment, the first floor is a blank canvas ready to be tailored to your specific vision, making it ideal for owners, investors, or business operators looking for adaptable space.This building offers both immediate functionality and long-term potential. Whether you're looking to live and work in one place, lease out multiple units, or run a business from home, this property gives you the flexibility to shape it to your needs. Both units are currently leased, showings with accepted contract only.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,207
Year Built
- Built in 1910
Lot Details
- 4,356 Sq Ft Lot
Parking
- Parking Lot
Home Design
- Fiberglass Roof
- Asphalt Roof
- Wood Siding
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
Community Details
- Tenth Ave Allotment/Stecks Subdivision
Listing and Financial Details
- Assessor Parcel Number 03-00-098-115-017
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,207 | $34,549 | $3,479 | $31,070 |
| 2023 | $1,430 | $18,193 | $2,898 | $15,295 |
| 2022 | $1,416 | $18,193 | $2,898 | $15,295 |
| 2021 | $1,422 | $18,193 | $2,898 | $15,295 |
| 2020 | $1,461 | $18,200 | $2,900 | $15,300 |
| 2019 | $1,449 | $18,200 | $2,900 | $15,300 |
| 2018 | $1,462 | $18,200 | $2,900 | $15,300 |
| 2017 | $1,501 | $17,370 | $2,800 | $14,570 |
| 2016 | $1,482 | $17,370 | $2,800 | $14,570 |
| 2015 | $1,413 | $17,370 | $2,800 | $14,570 |
| 2014 | $1,397 | $17,370 | $2,800 | $14,570 |
| 2013 | $1,400 | $17,370 | $2,800 | $14,570 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/03/2025 12/03/25 | Price Changed | $150,000 | -6.2% | -- |
| 10/25/2025 10/25/25 | Price Changed | $159,900 | -3.0% | -- |
| 09/11/2025 09/11/25 | For Sale | $164,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | -- | Accommodation | |
| Special Warranty Deed | $14,000 | Attorney | |
| Sheriffs Deed | $32,000 | Chicago Title Insurance Co |
Source: MLS Now
MLS Number: 5156211
APN: 03-00-098-115-017
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