$64,900

4 Forest Street, Elyria, OH 44035

3 beds |
2 baths |
1,052 sqft

Single-Family Home
Built in 1900
1,742sqft lot
—— car garage
$62/sqft
Listed 10 days ago

Property Description

Investment property with long-term stability and value-add potential. Currently occupied by a long-term tenant in good standing. Property is under-rented relative to market, providing an opportunity to improve NOI over time. Based on conservative market assumptions, future stabilized performance supports attractive cap-rate potential for buy-and-hold investors. Ideal for those seeking dependable occupancy today with upside through income optimization. Excellent location & views- near cascade falls. Do not disturb tenant. Showings by appointment only.

Listing Status:: Pending
Data Last Updated:: February 15, 2026 at 7:17AM
Listing Office:: RE/MAX First Realty, LLC : 614-888-6283
Listing Agent:: Kristin Horst : 419-496-1530
MLS ID:: 5184914

Basement: Full
A/C: None
Heating: Forced AirGas
Fireplace: Fireplaces: 0

Style: Conventional
Parking: Off StreetOn Street

Roofing: Metal
General: Aluminum SidingVinyl Siding2

Originating MLS: NOWDD_NORM
School District: Elyria CSD - 4706
County: Lorain

Zoning: W A ELY 20.50 X 58 LOT #906-26-094-103-026

Water: Public
Sewer: Public Sewer

Source: NOWDD_NORM

This listing courtesy of Kristin Horst , RE/MAX First Realty, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

McKinley Elementary School

620 E River St, Elyria, OH, 44035

Grades KG-5

0.76 miles away

Eastern Heights Middle School

528 Garford Ave, Elyria, OH, 44035

Grades 5-8

1.18 miles away

Elyria High School

311 6th St, Elyria, OH, 44035

Grades 9-12

0.67 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.