Retail at 1115 East Avenue, Elyria
Retail at 1115 East Avenue, Elyria, photo 2 of 24
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24 photos

$90,000

1115 East Avenue
Elyria, OH 44035
Listed by Jad Sandi · LPT Realty
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1921

About this home

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.

Property details

MLS #
5203285
Property type
Retail
Subdivision
N/A
Status
Active
Days on market
113
On market date
April 19, 2026
Stories
2
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
2
Lot size
0.1 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Hamilton Elementary School
0.25 mi away · Grades -1-4
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
411
Student:teacher ratio
16.4:1
District
Elyria City Schools
Middle
Eastern Heights Middle School
0.85 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
704
Student:teacher ratio
16.8:1
District
Elyria City Schools
High
Elyria High School
0.46 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,667
Student:teacher ratio
16.2:1
District
Elyria City Schools

Walkability

Blended score for Elyria's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

58
Somewhat walkable
out of 100
EPA National Walkability Index
8.0 / 20 -- Below average walkable
Google Places amenity density
85 / 100
Restaurants & cafes16
Grocery stores2
Parks4
Schools9
Transit stops18
Pharmacies1

Market position

How this listing compares to current activity in Elyria, from live MLS data.

On the market 113 days -- 28 more days than Elyria's current average of 85 days.
For reference, the median list price across 136 active listings in Elyria right now is $149,950.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

$
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Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$692/mo
$18,000 down
$72,000 loan
Principal & interest$467
Property tax (est.)$75
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated August 10, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.