LKV Realty
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$99,900
$300Reward *
124 Cornell Avenue, Elyria, OH 44035Listing ID 5230304

124 Cornell Avenue, Elyria, OH 44035

Contingent
Eastern Heights Land Co Sub #
Time on site: 14 daysLast updated: 6 days ago
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
4
Bathrooms
Bathrooms
2
Square Feet
Square Feet
2,124
Acres
Acres
0.15
Days on Site
Days on Site
13
Cooling
Cooling
None
Heating
Heating
Forced Air, Gas
Year Built
Year Built
1920
Stories
Stories
2
Garages
Garages
2
Parking
Parking
Attached, Garage

Attention investors, rehabbers, & handy owner-occupants! Here's an outstanding opportunity to purchase a 4-bedroom, 1.5-bath colonial in a prime location with tremendous upside potential. Whether you're looking for your next renovation project, a long-term rental, or a home to build sweat equity, this estate sale offers exceptional value. Owned by the same family for many years, this vinyl-sided home features updated vinyl windows, a convenient garage, and a spacious 4 bedroom floor plan ready for your vision. Desirable four-bedroom layout provides strong after-repair value & excellent rental potential, making it an attractive addition to any investment portfolio. Property is being sold AS IS, the seller will make no repairs. Basement has water intrusion and will require repair. The roof appears to be newer and serviceable overall but is missing shingles in one area, as shown in the photos. Buyers are encouraged to perform their own inspections and due diligence. With solid bones, a highly desirable location, and significant upside, this property presents an excellent opportunity for cash or hard money buyers seeking their next profitable project. Owner-occupants using renovation financing or willing to invest sweat equity should also take a close look. Easy to show, vacant, and ready for a quick transfer. Opportunities with this much potential and a strong ARV don't come along often. Schedule your showing today and bring your vision!

Property Information

Property Details

Location

Address
124 Cornell Avenue
County
Lorain
City
Elyria
Zip Code
44035
Subdivision
Eastern Heights Land Co Sub #
School District
Elyria CSD - 4706

Interior Features

Beds and Baths

Bedrooms
4
Full Bathrooms
1
Half Bathrooms
1

Building

Building Information

Square Feet
2,124
Year Built
1920
Stories
2
Construction
Vinyl Siding
Roof
Asphalt

Property Taxes

Tax Annual Amount
$1,306
Tax Year
2025
Coldwell Banker Schmidt Realty, (440) 327-2123

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
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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.

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