434 9th StreetElyria, OH 44035

434 9th StreetElyria, OH 44035

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$160,000 Active
Multi Unit - Multiple MLS 5189871
4 beds 2 full baths 3,220 sqft

Listed By

Agency Name: Real Estate Quest, Inc.
Agency Contact: 440-389-3883, rebroker216@gmail.com

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

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.

434 9th Street | MLS# 5189871

This multi-family property located at 434 9th Street, Elyria, OH 44035 is currently listed for sale with an asking price of $160,000. 9th Street is located within the Elyria City school district. Search Elyria real estate on 2210scrollroadsw.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Concrete
Basement: Yes
Cooling: None, Window Unit(s)
Garage: 2
Heating: Forced Air, Gas
Lot Size: 0.12 Acres
Roof Type: Asbestos Shingle
Stories: 2.0
Taxes: $1,696 / year
Year Built: 1900

Feature Descriptions

Exterior: Wood Siding
Parcel#: 06-26-017-000-019
Parking: Driveway, Detached, Garage, Off Street
Sewer: Public Sewer
Water: Public

Local Schools

School District: Elyria City

Demographics

Lorain County Demographic Information for 434 9th Street, Elyria, OH 44035
Fips
Fips Code 39093
Population
2020 to 2023 Change up 1.6%
2010 Count 301,356
2020 Count 312,964
2023 Estimate (V2023) 317,910
2020 Estimate (V2023) 312,956
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 21.4%
18 to 64 53.4%
65 and Older 19.9%
Gender
Male 49.6%
Female 50.4%
Place of Birth
Foreign 2.8%
US 97.2%
Education
High School Graduate, Age 25+ 91.2%
Bachelor's Degree or Higher, Age 25+ 27.2%
Computer and Internet use
Households with a computer 93.8%
Households with a broadband Internet subscription 84.5%
Language
English is Second Language, Age 5+ 7.0%
English is First Language, Age 5+ 93.0%
Veterans
Veterans 17,970
Income
Per Capita Income $37,171
Median Household Income $67,272
People in Poverty 12.8%
Commute
Average Work Commute Time 26 minutes
Housing
Total Housing Units 136,666
Households 124,510
Average Household Size 2.45
Owner-Occupied 72.9%
Multi-Family 17.0%
Owner-Occupied Median Value $191,900
Median selected monthly owner costs -with a mortgage $1,474
Median selected monthly owner costs -without a mortgage $591
Median gross rent $886
Building Permits
New Private Housing Issued 2023 987
Years at Residence
1 Year or More 90.0%
Less Than 1 Year 10.0%
Business and Employment
Private non-farm Establishments 5,574
Private non-farm Employment 83,286
Private non-farm Employment Growth 0.0%
Nonemployer Establishments 21,027
Number of Firms 20,914
Business Production
Value of Shipments $6,058,884,000
Wholesale Trade $2,315,415,000
Retail Trade $3,875,576,000
Retail Sales Per Capita $12,297
Accommodation and Food Services $444,363,000
Land
Land Area 491.10 sq. miles
Population Per Square Mile 614

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 968.64 per month $780.64 Principal & Interest $141.33 Property Tax $46.67 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage