$79,900
About this home
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!
Property details
- MLS #
- 5208107
- Property type
- SingleFamilyResidence
- Subdivision
- N/A
- Status
- Active
- Days on market
- 34
- On market date
- May 28, 2026
- Stories
- 3
- Garage spaces
- N/A
- Lot size
- 0.11 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 411
- Student:teacher ratio
- 16.4:1
- District
- Elyria City Schools
- Enrollment
- 704
- Student:teacher ratio
- 16.8:1
- District
- Elyria City Schools
- Enrollment
- 1,667
- Student:teacher ratio
- 16.2:1
- District
- Elyria City Schools
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated July 1, 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.