Lorain County Real Estate | Lorain County Properties under $200,000 for Sale

Come build in this established neighborhood on Elyria's North side! MInutes from Lorain County Community College, shopping , I 90, schools and parks. This level lot backs against a scenic wooded ravine, that will not be built on. Build your dream home with all of the city conveniences. Public utilities available at the street!

1065 Rosealee Avenue, Elyria

$139,900

5216561 MLS

Great opportunity to build your dream home on this 4+ acre mostly wooded building lot! Bring your own builder! Soil surveys are complete. Natural gas, electric and city water at the road. This lot could possibly be split into 2 lots. Buyer to do due diligence. Close to school shopping, medical care and highways!

S/L 2 Adelbert Street, Elyria

$139,900

5216556 MLS

Great opportunity to build your dream home on this 4+ acre mostly wooded building lot! Bring your own builder! Soil surveys are complete. Natural gas and city water at the road. Close to schools, shopping, medical care and highways!

S/L 1 Adelbert Street, Elyria

$175,000

4 Beds ⋅ 1 Baths ⋅ 5216471 MLS

Excellent investment opportunity! This spacious 4-bedroom, 1-bath single-family home is a turnkey addition to any rental portfolio. Currently tenant-occupied and generating $1,800 per month in rental income, providing immediate cash flow from day one. The property offers a functional floor plan with generous living space and strong rental appeal in an established Lorain neighborhood. This property presents a great opportunity for both seasoned investors and those looking to expand their real estate holdings. With stable tenancy already in place, buyers can avoid vacancy and leasing costs while benefiting from consistent income. Conveniently located near schools, parks, shopping, dining, and highway access, supporting long-term tenant demand. Whether you're seeking a cash-flowing asset, a portfolio addition, or a buy-and-hold investment with future appreciation potential, this income-producing property is worth a closer look.

2044 E 29th Street, Lorain

$39,900

5216490 MLS

Attention Developers-3.99 Wooded Acres-possible 30 Affordable Lots In Highly Marketable Area. This Paper Street Is Just Waiting For You-ez Project For Beginning! Utilities Available! Gorgeous Piece Of Land-would Be Nice Even As Large Lot For Custom Build. Call Today...Owner/Agent

Riverside Drive, Lorain

$9,900

5216242 MLS

Rare opportunity to purchase two adjacent vacant parcels totaling approximately 0.39 acres in Elyria. Offering nearly 94 feet of frontage and approximately 17,000 square feet, this property presents excellent potential for future residential development, investment, or expansion. Conveniently located near schools, shopping, dining, parks, and major highways. Buyer to verify zoning, utilities, buildability, lot dimensions, setbacks, and intended use. Includes Parcel Nos. 06-26-011-102-013 and 06-26-011-102-014.

222 Wooster Street, Elyria

$139,900

3 Beds ⋅ 2 Baths ⋅ 5214309 MLS

Wow! In beautiful Pheasant Run you just happened upon a complete gem! Vinyl sided with a deck, fenced yard, and vinyl windows. What is there not to like? Among the more significant upgrades are new Rheem outdoor condenser and matching Rheem indoor air handler (2025). Excellent and recently installed stainless steel Frigidaire range and refrigerator along with a white colored Frigidaire dishwasher. Recently installed and matching Amana top load washer and dryer. 200 amp breaker service. Located in beautiful Pheasant Run with three scenic ponds to check out, community events and a community hall available for residential rentals (see HOA rules), Pheasant Run is one of the longest and well established HOAs in LaGrange. Come be a part of this amazing community. Schedule your showing today!

490 Arabian Court, Lagrange

$99,900

4 Beds ⋅ 2 Baths ⋅ 5215830 MLS

Charming Colonial with Great Potential – Perfect for First-Time Buyers or Investors! Opportunity awaits in this spacious 4-bedroom, 1.5-bath Colonial-style home featuring a detached 2-car garage and plenty of room to make it your own. Offering classic character and a functional layout, this property is ideal for buyers looking to build equity through cosmetic updates and improvements. The home features generously sized bedrooms, ample living space, and a traditional floor plan that provides endless possibilities for customization. While the property could benefit from some TLC, it presents an excellent opportunity for first-time homebuyers seeking an affordable entry into homeownership or investors looking for their next value-add project. Outside, you'll find a detached two-car garage and a yard with potential for outdoor entertaining, gardening, or recreation. Conveniently located near schools, shopping, dining, and major transportation routes, this property combines convenience with opportunity. Don't miss the chance to transform this Colonial gem into something truly special. Bring your vision and unlock the potential this property has to offer. This 4-bedroom, 1.5-bath home with a detached 2-car garage is being offered as-is and presents an outstanding opportunity for buyers seeking value, character, and the chance to create equity through improvements.

1840 Crehore Street, Lorain

$120,000

4 Beds ⋅ 1 Baths ⋅ 5215382 MLS

This Nice 4 Bedroom, 1 Bathroom Home Is Move in Ready for Its New Owner. Upgrades Include Newer Kitchen Counter Tops (2024), Green Boarded Bathroom, With the Vanity and Toilet Also Replaced In 2024. Hot Water Tank (2022) And Boiler (2019) Newer Carpet Upstairs and Fresh Paint Throughout the Home. It Is Also a Convenient Location, Just Minutes from Route 2. Do Not Miss Out On This One! Schedule A Showing Today!

4700 Chelsea Drive, Lorain

$109,900

2 Beds ⋅ 1 Baths ⋅ 5214248 MLS

Welcome home to this charming 2 bedroom, 1 bath ranch situated at the end of a dead-end street. This home offers comfortable one floor living with a functional layout, spacious living areas, and an abundance of kitchen cabinetry. Outside, you'll find a large detached 2 car garage, providing plenty of space for vehicles, hobbies or storage. The generous lot offers room to enjoy outdoor activities, gardening, or entertaining. This home is conveniently located near restaurants, shopping and major highways. Garage roof (2016) House roof (2018) Furnace (2013) Windows (2000). Schedule a showing with your favorite realtor today!

41511 Hazelwood Street, Elyria

$120,000

2 Beds ⋅ 1 Baths ⋅ 5214730 MLS

Welcome to 169 Boston Avenue in Elyria! This charming 2-bedroom, 1-bath ranch offers affordable, low-maintenance living and is packed with potential. Inside, you'll appreciate the vaulted ceilings in both the living room and primary bedroom, creating an open, airy feel and making the home live larger than its footprint suggests. The functional layout, manageable size, and practical amenities make this property an attractive option for a variety of buyers. Whether you're a first-time homebuyer, looking to downsize, or an investor seeking to add to your rental portfolio, this home presents a fantastic opportunity. Conveniently located and easy to maintain, this affordable ranch is ready for you to make it your own. Schedule your showing today! All appliances stay, including the washer, dryer, refrigerator, stove, and dishwasher, making moving in a breeze. Home is being Sold As Is

169 Boston Avenue, Elyria

$142,900

5214028 MLS

2.13 Acres of Commercial Property zoned for General Business available in Sheffield Township. High Traffic Location (12K Per day car count) with Lorain address. Good Demographics for several business types ($53k household income within 2 miles of site). Clearview School District. Utilities available off main road. Elyria Water.

2139 N Ridge Road E, Lorain

$70,000

5213866 MLS

This property provides an ideal city lot close to I-90, State Route 58 and the Ohio Turnpike. The lot is ready to build on. Hire your contractor and get started !

Middle Ridge, Amherst

$79,900

3 Beds ⋅ 2 Baths ⋅ 5208107 MLS

Attention investors & owner-occupant buyers looking for a value-add opportunity! Vacant, easy to show, & ready for immediate occupancy, this spacious 4-bedroom, 2 full bath colonial offers excellent potential at an affordable price point. Home features a full bath on each level for added convenience, full basement, walk-up third-floor attic providing excellent storage or future expansion possibilities. Aluminum-sided exterior includes upgraded vinyl windows plus welcoming front porch, all situated on a quiet street in an investor-friendly city known for low property taxes and strong Section 8 rental/straight rent demand. Inside, you’ll find generous room sizes, some hardwood flooring for durability & charm, flexible floor plan ideal for both homeowners and tenants. A partially fenced backyard adds additional appeal for outdoor enjoyment. Foreclosure property is being sold as-is but already includes decent mechanical updates, including an upgraded electrical panel, newer hot water tank, & furnace that appears to be in good condition. First-floor bathroom may need flooring, and a few cosmetic improvements throughout could significantly enhance value and rental potential. Average rents for 4-bedroom, 2-bath homes in the area support strong cash flow, making this a smart addition to any investment portfolio or an affordable owner-occupied purchase with upside potential. Property will not qualify for FHA or VA financing. Don’t miss this opportunity!

132 Irondale Street, Elyria

$80,000

3 Beds ⋅ 1 Baths ⋅ 5213487 MLS

Positioned in the heart of Lorain, 1722 Washington Avenue presents an excellent opportunity for investors looking to expand their Northeast Ohio portfolio. Located just minutes from the revitalized downtown waterfront, marinas, local restaurants, and the shores of Lake Erie, this property sits in an area that continues to see strong rental demand and long-term growth potential. Whether you're searching for your next cash-flowing rental, value-add opportunity, or a property to add to a long-term hold strategy, this home offers the location and fundamentals investors look for. The surrounding neighborhood features a mix of owner-occupied and investment properties, with convenient access to major routes, shopping, parks, and local employers throughout Lorain County. Inside, the home offers functional living spaces with strong potential to update, customize, or maximize returns depending on your investment goals. The property’s location near Lorain’s lakefront development and ongoing community improvements only adds to its appeal for both tenants and future appreciation potential. Opportunities like this in an established Lorain neighborhood don’t come around often. Whether you’re a seasoned investor or just entering the market, 1722 Washington Avenue is a property worth adding to your watch list.

1722 Washington Avenue, Lorain

$145,000

4 Beds ⋅ 2 Baths ⋅ 5213227 MLS

Duplex investment opportunity in Lorain! This tenant-occupied property offers immediate rental income and is a great addition to any portfolio. Each unit provides functional living space and plenty of potential. Conveniently located near local amenities and shopping. Please do not disturb the tenants.

1143 W 9th Street, Lorain

$12,000

5212400 MLS

Affordable build opportunity in Lorain with utilities available at the site. This versatile parcel offers potential for a single-family home, rental property, duplex (subject to zoning approval), garage, or long-term investment hold. Also ideal for gardening enthusiasts seeking additional outdoor space. Property includes a small shed. Conveniently located near local amenities, schools, and major routes.

1624 E 33rd Street, Lorain

$110,900

2 Beds ⋅ 1 Baths ⋅ 5212258 MLS

Unlock the potential in this value packed opportunity! Whether you’re looking to expand your investment portfolio or create a personalized place to call home, this charming 2 bedroom, potentially 3 bedroom, 1 bath property offers endless possibilities. With a flexible floor plan and ample living space, the converted garage provides a spacious family room or can easily be restored to a functional garage depending on your needs. Situated on a generously sized double lot on a dead end street, the fully fenced oversized backyard offers plenty of room for entertaining, pets, gardening, or future outdoor enhancements. With a little vision and finishing touches, this home presents an excellent opportunity to build instant equity or generate strong rental potential. Conveniently located and full of opportunity, this is one you won’t want to miss. This home does need work and is being sold as is. 24 hour notice required for all showings. Schedule your private tour today!

40622 Carlisle Avenue, Elyria

$142,900

4 Beds ⋅ 1 Baths ⋅ 5210974 MLS

Location, location, location! Nestled in the heart of vibrant Oberlin, this spacious and beautifully updated 4-bedroom, 2-bathroom home offers the perfect blend of comfort, style, and convenience. Recently renovated throughout, the property features a stunning brand-new kitchen complete with elegant granite countertops, modern finishes, and ample space for cooking and entertaining. Fresh paint and new flooring throughout the entire home create a bright, clean, and move-in-ready atmosphere. Ideally located within walking distance to local shops, restaurants, parks, schools, and Oberlin College, this home places you in the center of everything Oberlin has to offer. Whether you’re looking for a primary residence, a family home, or an investment opportunity, this property combines charm, updates, and an unbeatable location.

81 S Pleasant Street, Oberlin

$80,000

2 Beds ⋅ 1 Baths ⋅ 5210643 MLS

Wonderful starter home or income investment property. Extra large lot with turn around driveway, sheds, fencing and dog area. First floor has a front porch entry area, living room, dining room, kitchen, bedroom and full bathroom. Upstairs find the second bedroom and flex space that could be used for storage or an office. Basement is unfinished but has potential to fix up to your liking! Schedule your showing today to see the potential this property offers.

3345 Elyria Avenue, Lorain

$189,900

2 Beds ⋅ 1 Baths ⋅ 5210648 MLS

Beautiful Ranch on 1 Acre of land- located in Elyria Township (no RITA taxes)! Welcome home to this charming 2-bedroom, 1-bath Ranch with a warm inviting feel throughout. Relax and unwind on the cozy front porch before stepping inside to the updated flooring, lighting, kitchen and beautifully renovated bathroom. The easy clean tilt-in windows add beautiful sunlight to every space. Calm neutral colors were used throughout. A full basement also offers plenty of storage, laundry area, and potential for a rec room! Outside, enjoy 1 acre of land- perfect for pets and entertaining along with a 2-car detached garage, and an additional storage shed. New gutter toppers on the home. Ideally located for quick access to Route 2 & 90 or the turnpike. This home offers charm, comfort, and a fantastic location all in one! Whether you're a first-time home buyer, downsizing or looking for a rental opportunity.... This one is worth a look! Call now for your private tour!

41345 Griswold Road, Elyria

$196,900

3 Beds ⋅ 1 Baths ⋅ 5210370 MLS

Enjoy quiet living on a dead-end street within walking distance to downtown Amherst! Inside this Cozy 3-bedroom, 1- bath home you'll find a bright living area with a large front window, newer floors and appliances, and a flexible firstfloor room that works well as an office or a third bedroom, offering options to fit your lifestyle. The second floor includes two nicely sized bedrooms, one spacious enough for a dedicated workspace or sitting area. The shady backyard features a garden area and several flowering bushes, including a lilac and viburnum, creating a peaceful outdoor space. A rear deck provides additional space for relaxing or entertaining. A comfortable home in a desirable location and school district of Amherst! Schedule your showing today!

133 Crownhill Avenue, Amherst

$132,500

3 Beds ⋅ 1 Baths ⋅ 5207999 MLS

1714 Long Avenue, Lorain

$125,000

2 Beds ⋅ 1 Baths ⋅ 5209671 MLS

Looking for a starter home or investment opportunity? This 2-bedroom, 1-bath home has tons of potential and room to grow! Features include a full basement, 1-car garage, plus an added workshop/man cave space. The extra lot gives you even more outdoor space to enjoy or possibly build a second home. Perfect opportunity to build equity with your own updates and improvements! Whether you’re a first-time buyer, investor, or DIY enthusiast, this home is full of possibilities!

2901 Fulmer Road, Lorain

$105,000

2 Beds ⋅ 1 Baths ⋅ 5190270 MLS

Opportunity meets value in this updated 2-bedroom colonial located in Lorain! This move-in ready home offers 1,040 sq ft above grade plus a full basement, delivering both comfort and functionality at an affordable price point. Step inside to find fresh paint throughout and a bright, welcoming layout featuring a spacious living room, formal dining room, and an eat-in kitchen with newer cabinets and countertops that provide both style and practicality for everyday living. The second floor hosts two generously sized bedrooms and a full bath, creating a comfortable and efficient layout ideal for a variety of living situations. Major updates have already been completed, including a roof approximately 4 years old, windows just 3 years old, and a waterproofed basement with a new sump pump installed about 2 years ago—providing added confidence for the next owner. The full basement offers additional storage space and includes laundry, with washer and dryer staying, and the dryer currently electric but easily convertible to gas. Additional interior features include double-pane windows, ceiling fans, and forced air gas heating for year-round comfort. Outside, enjoy a covered front porch perfect for relaxing, along with a manageable yard and a storage shed for extra convenience. The lot offers a mix of open space and light landscaping, making maintenance simple while still allowing room to personalize. Located on a quiet street with sidewalks, street lights, and public utilities, this home is well-positioned near local amenities, shopping, and dining. With low annual taxes, this property presents an excellent opportunity for both owner-occupants and investors seeking a solid rental or portfolio addition. Whether you’re looking for an affordable place to call home or your next investment, this well-maintained and thoughtfully updated property is ready for its next chapter.

1023 W Washington Avenue, Lorain

$115,000

5206883 MLS

Tucked away in the desirable community of North Ridgeville, this 2.31-acre (mostly wooded) lot approx. 100 by 1006 offers the perfect canvas to build your dream home. This property provides a peaceful, private setting while still being conveniently close to shopping, dining, and everyday amenities. Imagine designing a custom home that blends seamlessly with nature, and allow 3rd Generation Construction help make your plans come to fruition! ** Build Requirement: Seller will not accept any offer for the property unless the buyer(s) simultaneously enter into a binding construction agreement with 3rd Generation Construction ("BUILDER") ***. Buyer(s) to do due diligence on all lot information, lot size, to determine if lot is buildable, zoning and buyers intended usage, property taxes, and what utilities are available , any/all permits etc.

Lot C Maddock Road, North Ridgeville

$75,000

5206908 MLS

Tucked away in the desirable community of North Ridgeville, this little over a half-acre (mostly wooded) lot offers the perfect canvas to build your dream home. This property provides a peaceful, private setting while still being conveniently close to shopping, dining, and everyday amenities. Imagine designing a custom home that blends seamlessly with nature, and allow 3rd Generation Construction help make your plans come to fruition! **Build requirement: Seller will not accept any offer for the property unless the buyer(s) simultaneously enter into a binding construction agreement with 3rd Generation Construction ("BUILDER") ***. Buyer(s) to do due diligence on all lot information, lot size, to determine if lot is buildable, zoning and buyers intended usage, property taxes, what utilities are available , and any/all permits, etc.

Lot B Maddock Road, North Ridgeville

$75,000

5206946 MLS

Tucked away in the desirable community of North Ridgeville, this a little over half acre (mostly wooded) lot offers the perfect canvas to build your dream home. This property provides a peaceful, private setting while still being conveniently close to shopping, dining, and everyday amenities. Imagine designing a custom home that blends seamlessly with nature, and allow 3rd Generation Construction help make your plans come to fruition! **Build Requirement: Seller will not accept any offer for the property unless the buyer(s) simultaneously enter into a binding construction agreement with 3rd Generation Construction ("BUILDER") ***. Buyer(s) to do due diligence on all lot information, lot size, to determine if lot is buildable, zoning and buyers intended usage, property taxes, what utilities are available , and any permits needed, etc.,

Lot A Maddock Road, North Ridgeville

$115,000

5206866 MLS

Nestled in a peaceful North Ridgeville community, this 2.31-acre (mostly wooded lot )approx. 100 by 1006 offers the perfect setting to build your dream home. This property provides a gorgeous, private setting while still being conveniently close to shopping, dining, and everyday amenities. Imagine designing a custom home that blends seamlessly with nature, and allow 3rd Generation Construction help make your plans come to fruition! ** Build Requirement: Seller will not accept any offer for the property unless the buyer(s) simultaneously enter into a binding construction agreement with 3rd Generation Construction ("BUILDER") ***. Buyer(s) to do due diligence on all lot information, lot size, to determine if lot is buildable, zoning, suitable for buyers intended usage, property taxes, what utilities are available , any/ all permits, etc.

Lot D Maddock Road, North Ridgeville

$140,000

2 Beds ⋅ 2 Baths ⋅ 5207056 MLS

Brick ranch home in University Heights. Fireplace in living room, 2 full baths. Heat and air updated. 2 car attached garage. Needs some tender loving care to bring back its former beauty!

226 Georgia Avenue, Elyria

$15,000

5206842 MLS

259 Samuel Street, Elyria

$43,000

5206059 MLS

Ideal site within the Amherst school system and close to a major highway (I 90). Easy access to retail shopping and restaurants. Quiet established neighborhood with all utilities. Pick a builder and get started tomorrow

V/L Appleseed Drive, Lorain

$34,900

5200471 MLS

Build your vision on this prime vacant lot located at 786 Oliver Street in Sheffield Lake! Situated just minutes from Lake Erie, this property offers a fantastic opportunity for a custom home, investment project, or future development. Enjoy the convenience of nearby parks, shopping, dining, and easy highway access, all while being tucked into an established residential area. The lot provides a great setting with potential for a private backyard and outdoor living space. Utilities are available at the street, making this an ideal location to bring your plans to life. Whether you’re a builder, investor, or future homeowner, this is a great opportunity to secure land in a growing lakefront community. Don’t miss your chance to build in Sheffield Lake!

786 Oliver Street, Sheffield Lake

$106,000

3 Beds ⋅ 1 Baths ⋅ 5205338 MLS

Stabilized rental with secured income at 627 W 24th St in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This occupied property generates $1,160 per month with a one-year lease in place through 6/12/26, providing dependable cash flow. The tenant is responsible for all utilities, helping to minimize operating expenses and support strong returns. The home features a functional layout with consistent rental appeal and is located in an area with steady demand. A reliable addition to a larger portfolio, this asset contributes stable income within a diversified, income-producing package. Multiple properties must be purchased. Singular properties will not be considered. Reach out to co-listing agent for details.

627 W 24th Street, Lorain

$106,000

4 Beds ⋅ 2 Baths ⋅ 5205433 MLS

Stabilized, income-producing asset at 827 W 21st St in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This occupied property generates $1,450 per month with a lease in place through 2/1/27, providing strong, predictable cash flow. The tenant is responsible for all utilities, helping to minimize operating expenses and enhance overall returns. The home features a functional layout with consistent rental demand in the area, supporting long-term occupancy. A dependable addition to a larger portfolio, this asset contributes stable income within a diversified, income-producing package. Multiple properties must be purchased. Singular properties will not be considered. Reach out to co-listing agent for details.

827 W 21st Street, Lorain

$106,000

2 Beds ⋅ 1 Baths ⋅ 5205434 MLS

Income-generating property with established tenancy 903 W 11th St in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This occupied property generates $1,250 per month with a lease in place through 4/9/27, providing strong, predictable cash flow. The tenant is responsible for all utilities, helping to minimize operating expenses and enhance overall returns. The home features a functional layout with consistent rental demand in the area, supporting long-term occupancy. A dependable addition to a larger portfolio, this asset contributes stable income within a diversified, income-producing package. Multiple properties must be purchased. Singular properties will not be considered. Reach out to co-listing agent for details.

903 W 11th Street, Lorain

$118,000

2 Beds ⋅ 1 Baths ⋅ 5205304 MLS

Cash-flowing rental with established tenancy at 508 Furnace St in Elyria, offered exclusively as part of a 19-unit portfolio-no individual sales. This occupied property generates $1,200 per month on a month-to-month lease, providing immediate income. The tenant is responsible for all utilities, helping to keep operating expenses low and enhance overall returns. The home offers a functional layout with strong rental appeal and is positioned in an area with consistent demand. A dependable addition to a larger portfolio, this asset contributes steady cash flow within a diversified, income-producing package. Multiple properties must be purchased. Singular properties will not be considered. Reach out to co-listing agent for details.

508 Furnace Street, Elyria

$118,000

2 Beds ⋅ 1 Baths ⋅ 5205332 MLS

Stabilized asset delivering immediate income at 429 14th St in Elyria, offered exclusively as part of a 19-unit portfolio-no individual sales. This occupied asset produces $1,000 per month on a month-to-month lease, providing immediate cash flow. The tenant is responsible for all utilities, helping to minimize operating expenses and maximize returns. The property features a functional layout with consistent rental appeal and is located in an area with steady demand. A solid addition to a larger portfolio, this asset contributes reliable income within a diversified, income-producing package within a diversified, income-producing package. Multiple properties must be purchased. Singular properties will not be considered. Reach out to co-listing agent for details.

429 14th Street, Elyria

$135,000

4 Beds ⋅ 2 Baths ⋅ 5205297 MLS

Value-add opportunity with immediate lease-up potential at 407 W 22nd St in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This two-unit property features one occupied unit generating $995 per month with a lease in place through 3/31/26, while the second unit is currently vacant, providing upside through stabilization. Utilities are structured with the tenant responsible for electric and the owner covering water, sewer, and trash. The property offers a functional layout with solid rental demand in the area, supporting continued occupancy. A strong addition to a larger portfolio, this asset combines in-place income with near-term growth potential. Multiple properties must be purchased. Singular properties will not be considered. Reach out to co-listing agent for details.

407 W 22nd Street, Lorain

$110,000

3 Beds ⋅ 2 Baths ⋅ 5205328 MLS

Cash-flowing asset with tenant in place at 231 Howe St in Elyria, offered exclusively as part of a 19-unit portfolio-no individual sales. This occupied property generates $1,300 per month on a month-to-month lease, providing immediate rental income. The tenant is responsible for all utilities, helping to keep operating expenses low and maximize net returns. The home features a functional layout with strong rental appeal and is situated in an area with consistent demand. A solid addition to a larger portfolio, this property contributes steady income and operational efficiency within a diversified, income-producing package. Multiple properties must be purchased. Singular properties will not be considered. Reach out to co-listing agent for details.

231 Howe Street, Elyria

$165,000

6 Beds ⋅ 2 Baths ⋅ 5205310 MLS

Performing rental property with consistent returns at 1339 Washington Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This fully occupied duplex produces strong, consistent cash flow with rents of $1,100 and $1,250 per month, both secured through leases expiring 3/31/27, providing long-term income stability. Tenants are responsible for all utilities, helping to minimize owner expenses and maximize returns. The property offers a functional layout with solid rental demand in the area, making it a dependable addition to a larger portfolio. Ideal for investors seeking stable, predictable income, this asset contributes to a well-performing, income-producing portfolio. Multiple properties must be purchased. Singular properties will not be considered. Reach out to co-listing agent for details.

1339 Washington Avenue, Lorain

$165,000

4 Beds ⋅ 2 Baths ⋅ 5205321 MLS

Established rental property with ongoing income at 1347 Washington Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. Both units are currently occupied, with one renting for $1,199 on a month-to-month lease and the second generating $1,100 with a lease in place through 5/31/26, providing immediate cash flow. Utilities are structured with tenants responsible for electric and gas, while the owner covers water, sewer, and trash. The property features a functional layout with consistent rental demand in the area, supporting strong occupancy. A solid addition to a larger portfolio, this asset contributes reliable income within a diversified, income-producing package.

1347 Washington Avenue, Lorain

$135,000

4 Beds ⋅ 2 Baths ⋅ 5205320 MLS

Partially leased property offering strong income growth potential at 1036 Oberlin Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This duplex-style property features one occupied unit generating $1,125 month-to-month, while the second unit is currently vacant, providing immediate upside through lease-up. Utilities are structured with the tenant paying electric and the owner responsible for water, sewer, and trash. The property offers a functional layout with solid rental demand in the area, making it well-suited for continued income production. Ideal for investors seeking to expand their portfolio with a value-add component, this asset contributes to a larger package with built-in cash flow and long-term growth potential. Multiple properties must be purchased. Singular properties will not be considered. Reach out to co-listing agent for details.

1036 Oberlin Avenue, Lorain

$118,000

3 Beds ⋅ 2 Baths ⋅ 5205271 MLS

Turnkey income-producing asset at 102 Water St in Elyria, offered exclusively as part of a 19-unit portfolio-no individual sales. This income-producing property is tenant-occupied on a month-to-month lease at $1,600 per month, providing immediate cash flow, with the tenant responsible for all utilities to help maximize net returns. The property features a functional layout with strong rental appeal and has been maintained to support consistent occupancy. Located near key amenities, employment centers, and major thoroughfares, it benefits from steady tenant demand. Ideal for investors seeking to scale their holdings with a performing asset, this property contributes to a larger, stabilized portfolio with built-in income and operational efficiency. Multiple properties must be purchased. Singular properties will not be considered. Reach out to co-listing agent for details.

102 Water Street, Elyria

$30,000

5205131 MLS

Great opportunity to possibly build 2 homes; check with the local Sheffield Township building department to confirm. Township Hall located at 5166 Clinton Ave, Lorain, OH. The assumption is made that gas, water, electric and sanitary sewer are available. Buyer is responsible to confirm availability of all utilities. Immediately available! Ready for construction!

5278 Farr, Lorain

$185,000

5 Beds ⋅ 3 Baths ⋅ 5204723 MLS

229 5th St, Elyria, OH 44035 — Mixed-Use Opportunity Awaits. Discover the untapped potential of this versatile mixed-use property located in the heart of Downtown Elyria. Zoned for mixed use, this unique offering features a former chiropractic office on the first floor and a comfortable two-bedroom, one-bathroom apartment on the second floor — ideal for the savvy investor or owner-occupant who dreams of living upstairs while running a business below.**Renovation Potential That Inspires.** The expansive first-floor office space is primed for conversion into one or multiple residential apartments, and the large attic space offers even more opportunity — the current owner has architectural drawings already prepared for completing an additional apartment upstairs. Whether you envision a thriving multi-unit rental property or a creative live-work arrangement, the possibilities here are truly exciting.**Parking That Delivers.** A generous gravel parking lot accessible from Barres Street, combined with a private driveway off 5th Street, provides multiple ingress and egress points — a rare advantage for both residential tenants and commercial visitors alike. Efficiency is built in, with separate HVAC and hot water systems

229 5th Street, Elyria

$185,000

5204709 MLS

229 5th St, Elyria, OH 44035 — Mixed-Use Opportunity Awaits. Discover the untapped potential of this versatile mixed-use property located in the heart of Downtown Elyria. Zoned for mixed use, this unique offering features a former chiropractic office on the first floor and a comfortable two-bedroom, one-bathroom apartment on the second floor — ideal for the savvy investor or owner-occupant who dreams of living upstairs while running a business below.**Renovation Potential That Inspires.** The expansive first-floor office space is primed for conversion into one or multiple residential apartments, and the large attic space offers even more opportunity — the current owner has architectural drawings already prepared for completing an additional apartment upstairs. Whether you envision a thriving multi-unit rental property or a creative live-work arrangement, the possibilities here are truly exciting.**Parking That Delivers.** A generous gravel parking lot accessible from Barres Street, combined with a private driveway off 5th Street, provides multiple ingress and egress points — a rare advantage for both residential tenants and commercial visitors alike. Efficiency is built in, with separate HVAC and hot water systems.

229 5th Street, Elyria

$49,900

5204360 MLS

100 x 200, 4/10 of an acre in Eaton Twp. Midview Schools.

V/L Capel Road, Grafton

$99,900

5204295 MLS

Charming Office Space - Work Doesn't Have to Be Boring! Looking for an office space that's as functional as it is adorable? This Sheffield Village gem is the perfect place to get things done without feeling like you're trapped in a cubicle jungle. Inside, you'll find three nicely appointed office spaces where productivity and creativity can thrive (or at least where you can pretend to be busy). With two bathrooms, there's never a line, and the break room is the perfect spot to refuel whether that's with coffee or a well-earned snack stash. The waiting room and greeting space make a great first impression, setting the tone for success. Located right next to the Lorain County Association of Realtors office, you'll be in good company. Plus, with convenient parking and easy access to major highways, restaurants, and medical facilities, you'll never be far from a coffee run or a quick bite between meetings. Why settle for dull when you can have adorable and functional?

5321 Meadow Lane Court Unit 5, Sheffield Village

$10,000

5203886 MLS

Ready to build , 4 lots , 2 houses

Vincent Avenue, Lorain

Lorain County Properties under $200,000 for Sale

Newest Lorain County Properties under $200,000 for Sale

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