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Home for Sale at 508 Furnace Street in Elyria, OH for $105,000

Listing data last changed 04/29/2026 - 6:33pm
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508 Furnace Street | Elyria

$105,000 | 2 Beds | 1 Baths (1 Full) | 0.0 Sq. Ft.

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. MLSNow 5205304 Directions to property: Lorain County

MLS Listing ID: 
MLSNow 5205304
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$105,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Residential
Property Sub Type: 
Single Family Residence
Primary Market Area: 
Elyria
Address: 
508 Furnace Street, Elyria, OH 44035
County: 
Lorain
Latitude: 
41.3788250
Longitude: 
-82.1118470
Directions: 
Lorain County
Public Remarks: 
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.
Community Information
School District: 
Elyria CSD - 4706
Subdivision: 
Mendelson
Building Details
Details about the building on a property.
Architectural Style: 
Ranch
Stories: 
1
Year Built: 
1950
Living Area: 
0.0
Construction
Construction Materials: 
Frame,Other
Roof: 
Other
Room Details
Details about the rooms in the building.
Total Rooms: 
4
Total Bedrooms: 
2
Total Bathrooms: 
1
Total Full-Bathrooms: 
1
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Other
Cooling System: 
None
Water Source: 
Other
Sewer: 
Other
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.11
Lot Size (Area): 
0.11
Lot Features
Parking Type: 
Detached,Garage
Public Record
Parcel Number: 
06-24-052-104-009
Annual Tax: 
$1,011.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Russell Real Estate Services

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