5 Water Street, Elyria, OH 44035

$94,500
4
BD
3
BA
1,844
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$94,500
Status
ACTIVE
Days on Market
47
MLS#
5220268
Subtype
Residential
Style
Colonial
Year Built
1900
Bedrooms
4
Bathrooms
3
Full Baths
3
Living Area
1,844
Acres
0.17
Subdivision
Black River
Neighborhood
Black River
MLS Area Major
Elyria

Property Description

This lovely home is currently tenant occupied and has been rented out for 24 years. This large home can either be owner occupied or may be an investment property. Current tenant would like to remain. The home has 4 bedrooms on the second floor with a full bath. The main floor living space has a foyer, living room, dining room and large kitchen, also a full bathroom. The basement has a full bathroom, and the attic has a full bathroom that is not used. Windows are vinyl replacements, hot water tank is newer, furnace and A/C is 90% efficient. The 2 car detached garage door does not open (needs repair) and is not currently in use. This is a solid house that will need the new owners TLC. This home was previously used as a 4 unit rental prior to current owner who converted it to a single family rental. This home also passes annual section 8 inspections and is due for inspection. Currently renting out under market value on a month to month basis at $850.00 monthly and tenant paying all utilities. All trees were recently removed, and a new roof was installed 6/17/2026

Additional Information

Interior Features
Entrance Foyer
Exterior Features
None
Taxes
$1,763
Property Description
Colonial
Appliances
Range
Heating
Forced Air, Gas
Air Conditioning
Central Air, Ceiling Fan(s), Window Unit(s)
Stories
3
Levels
Three Or More
Roof
Asphalt, Fiberglass, Pitched, Shingle
Foundation
Block, Combination, Stone
Parking Features
Concrete, Garage Faces Front, Garage
Garage Spaces
1
School District
Elyria CSD - 4706
View
City

Listing Courtesy of: James Wall, jimwallrealestate@gmail.com With Russell Real Estate Services

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now and updated as of . Real estate listings held by brokerage firms other than Coldwell Banker Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).
IDX information is provided exclusively 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.
All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 MLS Now. All Rights Reserved.