345 12th StreetElyria, OH 44035

345 12th StreetElyria, OH 44035

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$82,000 Active
Multi Unit - Multiple MLS 5211149 New to the Market
6 beds 2 full baths 2,705 sqft

Listed By

Agency Name: RE/MAX Haven Realty
Agency Contact: mike@theazzamgroup.com, 216-446-7606

Shown By

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

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Property Description

No wholesalers. No Seller financing. No low ball offers. This is a fantastic BRRRR opportunity for investors looking to take on a full-value-add project with serious upside potential! Situated on one parcel, this rare front-and-back duplex offers a total of 6 bedrooms and 2 bathrooms, creating multiple possibilities for future rental income and long-term cash flow. The front home features 4 bedrooms and 1 bathroom with spacious living areas and strong layout potential, while the rear unit offers 2 bedrooms and 1 bathroom, making it ideal for additional rental income, multigenerational living, or a house-hack setup. With the right vision and renovations, this property has the potential to become a strong-performing income-producing asset. Plus a basement for additional storing space or for future added value potential. A full rehab is needed, providing investors the opportunity to customize finishes, maximize rents, and significantly increase property value. Whether you're looking to renovate and hold, BRRRR, or flip for profit, this property offers the kind of upside investors search for. Located in Elyria near Cascade Park, downtown Elyria, Black River recreation areas, and local schools, with convenient access to major roads, public transportation, shopping, restaurants, and everyday amenities. The location provides strong commuter accessibility while remaining close to parks and community attractions. ? Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! Unlock the potential, build the value, and turn this hidden gem into your next cash-flowing success story! Schedule your showing now!

345 12th Street | MLS# 5211149

This multi-family property located at 345 12th Street, Elyria, OH 44035 is currently listed for sale with an asking price of $82,000. 12th Street is located within the Elyria City school district. Search Elyria real estate on 1009fairoaksavenuesw.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Days on Market: 1
Heating: Forced Air
Lot Size: 0.15 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $2,196 / year
Year Built: 1900

Feature Descriptions

Exterior: Aluminum Siding, Vinyl Siding
Laundry: In Basement
Parcel#: 06-26-010-101-008
Parking: Driveway
Sewer: Public Sewer
Water: Public

Local Schools

School District: Elyria City

Demographics

Lorain County Demographic Information for 345 12th Street, Elyria, OH 44035
Fips
Fips Code 39093
Population
2020 to 2025 Change up 3.3%
2010 Count 301,356
2020 Count 312,964
2025 Estimate (V2025) 323,219
2020 Estimate (V2025) 312,956
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 21.1%
18 to 64 53.0%
65 and Older 20.7%
Gender
Male 49.6%
Female 50.4%
Place of Birth
Foreign 3.1%
US 96.9%
Education
High School Graduate, Age 25+ 91.8%
Bachelor's Degree or Higher, Age 25+ 28.5%
Computer and Internet use
Households with a computer 94.8%
Households with a broadband Internet subscription 88.9%
Language
English is Second Language, Age 5+ 7.8%
English is First Language, Age 5+ 92.2%
Veterans
Veterans 18,512
Income
Per Capita Income $40,798
Median Household Income $73,347
People in Poverty 10.8%
Commute
Average Work Commute Time 26 minutes
Housing
Total Housing Units 136,666
Households 127,544
Average Household Size 2.42
Owner-Occupied 74.0%
Multi-Family 17.0%
Owner-Occupied Median Value $223,200
Median selected monthly owner costs -with a mortgage $1,525
Median selected monthly owner costs -without a mortgage $629
Median gross rent $966
Building Permits
New Private Housing Issued 2024 1,331
Years at Residence
1 Year or More 90.9%
Less Than 1 Year 9.1%
Business and Employment
Private non-farm Establishments 5,664
Private non-farm Employment 89,159
Private non-farm Employment Growth 0.0%
Nonemployer Establishments 21,949
Number of Firms 4,759
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

$ 628.05 per month $421.13 Principal & Interest $183.00 Property Tax $23.92 Homeowner's Insurance

Change Payment Information

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