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225 Gates Avenue

Elyria, OH 44035

4 beds
2 baths
1,662 sqft
3,485 sqft lot
$78 per sqft
1900 build
– on site

Step inside this remodeled and income generating Duplex! Perfect property for an investor looking for an additional monthly income or a home owner looking to live in one side and rent out the other! Conveniently located 4 minutes from downtown Elyria. 10-12 minutes from Lorain Community college and Oberlin College. Updates include: Upstairs unit: Full remodel (2024), new floors, doors, tub, and shower. New appliances installed (2024). Brand new furnace and thermostat (2024) Downstairs unit: New refrigerator and stove installed (2023). New piping in lower unit bathroom with expandable pipes to prevent pipes bursting due to cold weather. (2025) Additionally, gutters, chimney and balcony roof serviced. Basement windows installed. (2023) Reach out and schedule your showing today!

Listing courtesy of MLS_NOW / Berkshire Hathaway HomeServices Stouffer Realty

Last checked: Checking… • Last updated Feb 22, 2025 •

MLS# 5101772 —

The Building

Year Built:

1900
Year Built Source:

PublicRecords
Construction Materials:

VinylSiding
Direction Faces:

South
Levels:

Two
Stories:

2
Roof:

Asphalt,Fiberglass
Basement:

Full,Unfinished
Basement:

true
# of Buildings:

2
Above Grade Finished Area:

1662.0
Above Grade Finished Area Source:

Assessor

Interior

Rooms Total:

9

Room Dimensions

Living Area:

1662.0
Living Area Units:

SquareFeet

Location

Directions:

South on Middle Ave. East on Gates Ave.
Latitude:

41.357849
Longitude:

-82.105363

The Property

Parcel Number:

06-26-019-101-035
Property Type:

ResidentialIncome
Property Subtype:

Duplex
Property Subtype Additional:

Duplex
Property Condition:

UpdatedRemodeled
Lot Size Acres:

0.08
Lot Size Area:

0.08
Lot Size Units:

Acres
Lot Size Source:

Assessor
Fencing:

ChainLink,Partial,Privacy,Wood
Waterfront:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Legal Description:

GATES 40.66 X 89.60
Tax Annual Amount:

$1,537

Beds

Bedrooms Total:

4

Baths

Total Baths:

2
Full Baths:

2

The Listing

Listing Terms:

Cash,Conventional,FHA,VaLoan
Home Warranty:

false
Special Listing Conditions:

Standard

Heating & Cooling

Heating:

ForcedAir,Gas
Heating:

true
Cooling:

None
Cooling:

false

Utilities

Sewer:

PublicSewer
Water Source:

Public

Appliances

Laundry Features:

InUnit

Schools

Elementary School District:

Elyria CSD - 4706
Middle School District:

Elyria CSD - 4706
High School District:

Elyria CSD - 4706

The Community

Subdivision Name:

N B Gates
Pool Private:

false

Parking

Garage:

false
Attached Garage:

false
Carport:

false
Parking Features:

NoGarage,Unpaved

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
2/22/25 Feb 22, 2025	Listed / Active	MLS_NOW	$130,000	116.7% (69.8% / YR)
6/23/23 Jun 23, 2023		MLS_NOW	$60,000	-14.2%
5/10/23 May 10, 2023		MLS_NOW	$69,900

Multifamily For Sale

$130,000

Listing provided by broker:

Shawn Schafer

Berkshire Hathaway HomeServices Stouffer Realty

shawnschafer@stoufferrealty.com 330-310-9323

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This multifamily located in Elyria, OH 44035 is currently for sale for $130,000. 225 Gates Avenue is a 1,662 square foot multifamily with 4 beds and 2 baths that has been on Estately for 0 days. This multifamily is in the attendance area of Westwood Middle School, Franklin Elementary School, and Elyria High School.

Listing Courtesy of: MLS_NOW and Berkshire Hathaway HomeServices Stouffer Realty.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Estately are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The information included in this listing is exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed.