$79,900

132 Irondale Street, Elyria, OH 44035

  • 3 beds |
  • 2 baths |
  • 2,631 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $30/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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!

Listing Status:
Active
Data Last Updated:
July 5, 2026 at 3:18PM
Listing Office:
Coldwell Banker Schmidt Realty : 440-327-2123
Listing Agent:
Christopher A Frederick : 216-210-7653
MLS ID:
5208107
  • Laundry: In Basement
  • Basement: FullUnfinished
  • A/C: None
  • Heating: Gas
  • Fireplace: Fireplaces: 0
  • Disability Feature: None
  • Style: Colonial
  • Other Structures: Porch
  • Parking: DetachedGaragePaved
  • Roofing: AsphaltFiberglass
  • General: Aluminum Siding3
  • Originating MLS: NOWDD_NORM
  • School District: Elyria CSD - 4706
  • County: Lorain
  • Zoning: 06-24-010-105-014
  • Fencing: Partial
  • Water: Public
  • Sewer: Public Sewer
  • Source: NOWDD_NORM

This listing courtesy of Christopher A Frederick , Coldwell Banker Schmidt Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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