228 GatesElyria, OH 44035
Gates · Lorain County
Description
Great turn-key investment opportunity! This well-maintained duplex features 2 bedrooms and 1 full bathroom in each unit, with spacious living rooms, remodeled kitchens, and updated bathrooms. The upstairs unit is now **vacant and move-in ready** and has been **professionally painted and cleaned**, making it a great option for an owner-occupant or a new tenant. The downstairs unit is currently occupied by a month-to-month tenant paying **$875/month**. Recent improvements include basement waterproofing and a sump pump in 2022, newer hot water tanks (2019), furnaces (2021 upstairs and 2017 downstairs), and newer refrigerators in both units. Tenants pay their own utilities except water and sewer. The property features a slate roof that is in good condition and offers plenty of basement storage. Conveniently located near shopping, Downtown Elyria, schools, and other local amenities. Whether you're looking to house hack or add another income-producing property to your portfolio, this duplex offers plenty of potential. Schedule your showing today!
Property Information
- Property type
- Residential Income
- Sub-type
- Duplex
- Year built
- 1900
- Living area
- 1,491 Sq Ft
- Lot size
- 0.08 acres
- Days on market
- 21
- MLS® Listing#
- 5244165
Property Features
- Cooling
- Window Unit(s)
- Heating
- Natural Gas · Forced Air
- Basement
- Full · Unfinished
- Parking
- No Garage · Paved
- Laundry
- In Unit
- Fencing
- Chain Link · Partial · Wood
- Construction
- Vinyl Siding
- Roof
- Slate
- Sewer
- Public Sewer
- Water source
- Public
Financial Details
- Annual taxes
- $1,494Tax year 2025
- Parcel number
- 06-26-019-102-010
Directions
NE
Listing Courtesy: EXP Realty, LLC. - home4u@georgesoldit.com, 440-502-9128
Last Updated: 2026-09-11
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