LKV Realty
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$111,750
$650Reward *
508 Furnace Street, Elyria, OH 44035Listing ID 5205304

508 Furnace Street, Elyria, OH 44035

Active
Mendelson
Time on site: 109 daysLast updated: 1 day ago
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
2
Bathrooms
Bathrooms
1
Acres
Acres
0.11
Days on Site
Days on Site
104
Cooling
Cooling
None
Heating
Heating
Other
Year Built
Year Built
1950
Stories
Stories
1
Garages
Garages
1
Parking
Parking
Detached, Garage

Cash-flowing rental with established tenancy at 508 Furnace St in Elyria, offered exclusively as part of a 19-unit portfolio-no individual sales. This occupied property generates $1,200 per month on a month-to-month lease, providing immediate income. The tenant is responsible for all utilities, helping to keep operating expenses low and enhance overall returns. The home offers a functional layout with strong rental appeal and is positioned in an area with consistent demand. A dependable addition to a larger portfolio, this asset contributes steady cash flow within a diversified, income-producing package. 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
508 Furnace Street
County
Lorain
City
Elyria
Zip Code
44035
Subdivision
Mendelson
School District
Elyria CSD - 4706

Interior Features

Beds and Baths

Bedrooms
2
Main Level Bedrooms
2
Full Bathrooms
1

Building

Building Information

Year Built
1950
Stories
1
Construction
Frame, Other
Roof
Other

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$1,011
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