No photos available for this listing

$104,999

120 Taft Avenue
Elyria, OH 44035
Listed by Jeffrey Schultheis · I Heart Real Estate, LLC.
Bedrooms
3
Bathrooms
1
Living area
N/A
Year built
1930

About this home

Major Potential Fixer-Upper — Perfect for Investors & DIY Buyers! Unlock the full value of this 1930s property! Located in a convenient Elyria neighborhood, 120 Taft Ave offers a fantastic blank canvas for anyone ready to tackle a renovation project. Whether you are an investor looking for your next fix-and-flip/rental portfolio addition or a handy homeowner wanting to build instant sweat equity, this property is priced to reflect its need for a complete transformation. Why This Project WorksFor Investors: Manageable square footage keeps gut-rehab and material budgets tightly contained. Features a functional footprint, a detached garage, and strong upside potential compared to fully updated neighborhood comps. Excellent candidate for a wholesale, flip, or buy-and-hold rental strategy. For Retail Buyers & Contractors: Bring your Pinterest boards, tools, and contractor estimates! This home needs some renovation work, allowing you to design and customize every single finish to your exact taste while gaining instant value. Close to local schools, parks, and downtown Elyria conveniences with quick access to area roadways.

Property details

MLS #
5238287
Property type
SingleFamilyResidence
Subdivision
Mendelsons
Status
Active
Days on market
N/A
On market date
August 20, 2026
Stories
N/A
Total bathrooms
1
Garage spaces
1
Parking spaces
N/A
Lot size
0.09 acres
Loading map…

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
Ely Elementary School
0.88 mi away · Grades 0-4
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
432
Student:teacher ratio
18.0:1
District
Elyria City Schools
Middle
Eastern Heights Middle School
1.6 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
1.08 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).

51
Somewhat walkable
out of 100
EPA National Walkability Index
5.7 / 20 -- Least walkable
Google Places amenity density
85 / 100
Restaurants & cafes15
Grocery stores1
Parks9
Schools6
Transit stops14
Pharmacies3

Market position

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

On the market 0 days -- 85 fewer 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.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$782/mo
$21,000 down
$83,999 loan
Principal & interest$545
Property tax (est.)$87
Home insurance (est.)$150

Similar homes you might like

Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated August 20, 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.