Welcome to 434 9th Street in Elyria — a cash-flowing duplex that savvy investors have been waiting for. Generating an impressive $1,945 per month with solid tenants already in place, this is a turnkey opportunity that delivers income from day one. Thoroughly remodeled in 2023, this property blends reliability with modern appeal. Updates include new dishwashers, durable vinyl plank flooring, new hot water tanks, replacement windows, fresh interior paint, updated hallway flooring, and a series of completed plumbing repairs and improvements. The heavy lifting has already been done, allowing you to focus on collecting rents and watching your returns grow. Elyria continues to attract attention from investors seeking strong cash flow in markets where acquisition prices and property taxes remain affordable. With steady rental demand and upward rent trends, this duplex is well-positioned for continued income growth. Located near major commuter routes, shopping, and local employers, Elyria offers convenience while maintaining the small-city charm tenants appreciate. This is the kind of asset that strengthens portfolios — stabilized, updated, and producing. Opportunities like this don’t sit long. Secure your position in one of Northeast Ohio’s most accessible investment markets and step into immediate, reliable cash flow.
https://tour.panoee.net/698c7eba1f39a56d8bb8a3ba/698c7f1060c07b57330c2346 (Walking tour) Brand New Construction Duplex – Completed December 2025. Turn-key investment opportunity with strong cash flow and long-term tax advantages. This newly built duplex features two spacious units, each offering 3 bedrooms, 1 full bath, and 1,216 square feet of living space per side (2,432 total sq ft). Both units are leased with 2-year agreements in place, generating $3,000 per month ($36,000 annually) in rental income. The property delivers an 8%+ cap rate, making it an excellent addition to any investment portfolio. Enjoy a 15-year, 100% tax abatement, significantly reducing operating expenses and increasing net returns. As new construction completed in December 2025, the property also includes a 1-year builder warranty for added peace of mind. Low maintenance, stabilized income, and strong returns — this is a true turnkey investment.
Turnkey, cash-flowing 3-unit multifamily investment with long-term stability and minimal maintenance. All three units are occupied by reliable tenants with 10+ years of residency, providing consistent income and low turnover. Tenants handle landscaping and minor repairs, reducing owner involvement. Property has been thoughtfully maintained with efficiency upgrades and minimal deferred maintenance. Recent improvements include a fully tuned and serviced boiler with replacement of dated components and new high-efficiency window/portable A/C units for each unit. Unit mix includes two 1-bed/1-bath units and one 2-bed/1-bath unit. Current rents total $1,750 per month with approximate monthly expenses of $500, producing strong net income and an attractive cap rate at asking price. All utilities are on one meter for simplified management. Ideal buy-and-hold opportunity offering immediate cash flow from day one. Don’t miss this solid income-producing asset—contact agent for additional details.
Turnkey duplex in the heart of South Elyria, ideally located near UH Elyria Medical Center, EMH Hospital, LCCC, and major commuter routes. Perfect for strong, reliable rental demand. The entire property has been updated with a clean, modern feel, featuring neutral paint, new LVP flooring, refreshed kitchens, and baths enhanced with custom tile work for a polished finish. Unit 1 offers 3 beds/1 bath - 1 bed on main and 2 beds up. Unit 2 features 2 beds/1 bath. Major improvements include a new roof and gutters (Jan 2025) and a new downstairs furnace (Jan 2025). Property also includes an oversized 2-car garage. A stylish, low-maintenance investment opportunity in a high-demand rental corridor.
4-unit investor special! 2 buildings, one building on George St has 3 apartments, and the second building is the storefront. Total rents would be approximately $3000/mo fully-rented, professional management in place. Sturdy brick construction with newer roofs and vinyl siding, plus many updates such as: newer furnaces (one unit is heated by a boiler), storefront has central AC, upgraded electric panels, newer hot water tanks, separately-metered gas and electric, plus a 1-car garage. Great location near shopping, schools, freeway access and more! Just a little work to get this building up and running again.
Elyria is located in Ohio. Elyria, Ohio has a population of 52,853. Elyria is less family-centric than the surrounding county with 18.91% of the households containing married families with children. The county average for households married with children is 27.46%.
The median household income in Elyria, Ohio is $46,034. The median household income for the surrounding county is $62,390 compared to the national median of $69,021. The median age of people living in Elyria is 40.3 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 19.3 degrees. The average rainfall is approximately 38.9 inches per year, with 51.2 inches of snow per year.
