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About This Home

This 4-bedroom, 2-bathroom residential multi family at 434 9th Street in Elyria, OH is listed for $160,000 ($50 per sqft). Built in 1900, the home offers 3,220 sqft of living space on a 0.12 acres lot.

Agent 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.

Key Features

  • Built in 1900
  • 0.12 acre lot
  • 2 stories

Property Details

2 stories
2 full
1900

Monthly Cost Estimate

$856/mo

20% down · 6.5% · 30 years

Principal$116
Interest$693
Insurance$47

Estimates only. Actual payments may vary.

Location

434 9th Street

Elyria, OH 44035

West Ave

Property Details

Construction

WoodSiding

Parking

Off StreetGarageDriveway

Heating

Natural GasForced Air

Cooling

Window Unit(s)

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 434 9th Street is listed at $160,000 ($50/sqft). The estimated monthly payment is $693 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.12 acre lot, 2 stories.

This property is listed by Alex V Johnson and can be reached at 4407245116 or ajohnson_REQ@yahoo.com.

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AJ

Alex V Johnson

Agent at Real Estate Quest, Inc.

(440) 724-5116

Listed by Real Estate Quest, Inc.

MLS# 5189871· Source: listhub· Updated 41 days ago

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434 9th Street, Elyria, OH 44035

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