# 5 Water Street, Elyria, OH 44035

> **TL;DR:** 4bd/3ba single family, $94,500 ($51/sqft), built 1900, 1,844 sqft.
> View, A/C. Est. $410/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $94,500 |
| Price/sqft | $51 |
| Bedrooms | 4 |
| Bathrooms | 3 full |
| Square Feet | 1,844 |
| Year Built | 1900 |
| Lot Size | 7,405 sqft (0.17 acres) |
| Stories | 3 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 1 |

## Why This Home Stands Out

- **Views** - City

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $410 |
| **Total** | **$410** |

## Key Amenities

- View
- A/C

## Property Highlights

- Built in 1900
- 0.17 acre lot
- 3 stories

## Description

### Agent Description
This lovely home is currently tenant occupied and has been rented out for 24 years. This large home can either be owner occupied or may be an investment property. Current tenant would like to remain. The home has 4 bedrooms on the second floor with a full bath. The main floor living space has a foyer, living room, dining room and large kitchen, also a full bathroom. The basement has a full bathroom, and the attic has a full bathroom that is not used. Windows are vinyl replacements, hot water tank is newer, furnace and A/C is 90% efficient. The 2 car detached garage door does not open (needs repair) and is not currently in use. This is a solid house that will need the new owners TLC. This home was previously used as a 4 unit rental prior to current owner who converted it to a single family rental. This home also passes annual section 8 inspections and is due for inspection. Currently renting out under market value on a month to month basis at $850.00 monthly and tenant paying all utilities. All trees were recently removed, and a new roof was installed 6/17/2026

## Location

- **Address:** 5 Water Street, Elyria, OH 44035
- **County:** Lorain
- **Neighborhood:** Black River
- **Coordinates:** 41.368489, -82.115122
- **Google Maps:** https://www.google.com/maps?q=41.368489,-82.115122

## Listing Agent

- **Name:** James Wall
- **Brokerage:** Russell Real Estate Services
- **Phone:** 4405374332
- **Email:** jimwallrealestate@gmail.com

## Primary Photo

![5 Water Street - Primary Photo](http://lh.rdcpix.com/00170ad3bceeb0eff57e2436c65feb36l-f3467366488r.jpg)

*33 total photos available on [listing page](https://www.propertysimple.com/listing/5-water-street-elyria-oh-44035-5220268)*

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**MLS#:** 5220268 | **Updated:** 2026-06-24
**Source:** listhub

*Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/5-water-street-elyria-oh-44035-5220268)

---

## Structured Data

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  "description": "This lovely home is currently tenant occupied and has been rented out for 24 years. This large home can either be owner occupied or may be an investment property. Current tenant would like to remain. The home has 4 bedrooms on the second floor with a full bath. The main floor living space has a foyer, living room, dining room and large kitchen, also a full bathroom. The basement has a full bathroom, and the attic has a full bathroom that is not used. Windows are vinyl replacements, hot water tan",
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