$130,000

225 Gates Ave Elyria, OH 44035

$1,544
Closing credit¹
4 beds
2 full
1,662 sqft
0.08 acres
$78 / sqft
Multi-Family

Property details

About 225 Gates Ave

Step inside this remodeled and income generating Duplex! Perfect property for an investor looking for an additional monthly income or a home owner looking to live in one side and rent out the other! Conveniently located 4 minutes from downtown Elyria. 10-12 minutes from Lorain Community college and Oberlin College. Updates include: Upstairs unit: Full remodel (2024), new floors, doors, tub, and shower. New appliances installed (2024). Brand new furnace and thermostat (2024) Downstairs unit: New refrigerator and stove installed (2023). New piping in lower unit bathroom with expandable pipes to prevent pipes bursting due to cold weather. (2025) Additionally, gutters, chimney and balcony roof serviced. Basement windows installed. (2023) Reach out and schedule your showing today!

Highlights

Home typeDuplex
HeatingForced Air, Natural Gas
StatusActive
Size1,662 sqft
BasementYes
Lot size0.08 Acres
Year built1900
ParkingNo Garage, Unpaved
MLS #5101772

Summary

  • MLS Number: 5101772
  • MLS Name: NOWDD
  • Office Name: Berkshire Hathaway HomeServices Stouffer Realty
  • Office Phone: (330) 310-9323
  • Office Email: shawnschafer@stoufferrealty.com
  • Listing Agent: Shawn Schafer

IDXCopyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/9/2025, 4:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

snow covered rear of property featuring stairs

$130,000

225 Gates Ave

$1,544

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 26, 2023
Home Sold
$60,000
Jul 18, 2018
Home Sold
$22,500
Sep 02, 2016
Home Sold
$12,500

Tax history

YearAssessmentProperty Tax
2023$16,486$920
2022$16,490$916
2021$16,490$919
2020$15,110$955
2019$15,110$941
2018$15,110$943
2017$13,266$864

History based on county public records data.

Nearby schools

5

Hamilton Elementary School

Public District KG-4

0.3 mi

1215 Middle Ave

4

Eastern Heights Elementary School

Public District KG-4

1.0 mi

1410 Prospect St

4

Ely Elementary School

Public District KG-4

1.4 mi

312 Gulf Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $31,704. The majority of Elyria, OH residents have income less than $<35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

59%
<35k
34%
35k-100k
7%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

70%
Single, No Kids
10%
Single, with Kids
13%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
5%
12-17 yrs old
12%
18-34 yrs old
24%
35-64 yrs old
48%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • UFCUFC
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Chico'sChico's
  • Family DollarFamily Dollar
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Burger KingBurger King
  • PopeyesPopeyes

What do the neighbors drive?

  • BuickBuick
  • DodgeDodge
  • KiaKia

What do the neighbors listen to?

  • Soft Adult ContemporarySoft Adult Contemporary
  • Urban ContemporaryUrban Contemporary
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 225 Gates Ave in Elyria, OH and zip code 44035. This 1,662 square foot home, which was built in 1900, sits on a 0.08 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 22, 2025 and is currently priced at $130,000.

In March 2025, from all listings sold in Elyria, OH there were more than 24 sold above asking price, over 22 sold below and more than 13 were sold right at the asked price. The inventory of homes for sale in Elyria, OH between February and March 2025 increased by 15.5%. Listings spent 50 days on the market in March 2025, and had a median list price of $188,125 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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