LKV Realty
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$118,000
$650Reward *
102 Water Street, Elyria, OH 44035Listing ID 5205271

102 Water Street, Elyria, OH 44035

Active
Heman Elys
Time on site: 105 daysLast updated: Jun 18, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
3
Bathrooms
Bathrooms
2
Acres
Acres
0.09
Days on Site
Days on Site
100
Cooling
Cooling
None
Heating
Heating
Other
Year Built
Year Built
1900
Stories
Stories
2
Garages
Garages
1
Parking
Parking
Detached, Garage

Turnkey income-producing asset at 102 Water St in Elyria, offered exclusively as part of a 19-unit portfolio-no individual sales. This income-producing property is tenant-occupied on a month-to-month lease at $1,600 per month, providing immediate cash flow, with the tenant responsible for all utilities to help maximize net returns. The property features a functional layout with strong rental appeal and has been maintained to support consistent occupancy. Located near key amenities, employment centers, and major thoroughfares, it benefits from steady tenant demand. Ideal for investors seeking to scale their holdings with a performing asset, this property contributes to a larger, stabilized portfolio with built-in income and operational efficiency. Multiple properties must be purchased.  Singular properties will not be considered.  Reach out to co-listing agent for details.

Property Information

Property Details

Location

Address
102 Water Street
County
Lorain
City
Elyria
Zip Code
44035
Subdivision
Heman Elys
School District
Elyria CSD - 4706

Interior Features

Beds and Baths

Bedrooms
3
Main Level Bedrooms
3
Full Bathrooms
2

Building

Building Information

Year Built
1900
Stories
2
Construction
Frame
Roof
Other

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$2,945
Tax Year
2025
Russell Real Estate Services, (440) 201-9850

Market Report for 44035

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MLS Now
MLS Now logo

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings held by brokerage firms other than LKV Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). LKV Realty does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. This information is deemed reliable but not guaranteed. Copyright 2026 - Multiple Listing Service, Inc. - All Rights Reserved.

For corrections to this data please contact Brytecore MLS Support.

2018001908 • 612398