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228 GatesElyria, OH 44035

Multi Unit - Multiple MLS 5224523 New to the Market
4 beds 2 full baths 1,491 sqft
Active $126,500
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Listed By

Agency Name: EXP Realty, LLC.
Agency Contact: home4u@georgesoldit.com, 440-502-9128

Shown By

Agent Name: Kaszyca Real Estate
Agent Phone: (330) 353-5206
Agency Title: Cutler Real Estate

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Property Description

Great turn-key investment property! This duplex features 2 bedroom & 1 full bath on each unit. A large living room, remodeled kitchen & an updated full bathroom are found in each move in ready unit. The basement provides ample storage and has been recently waterproofed(2022). Newer Hot water tanks 2019 up & 2019 down; Sump pump(2022), Newer Furnaces 2021 up, 2017 down. New fridges in both units. Both units are occupied with wonderful tenants. The downstairs tenant is month to month paying $875 and upstairs tenant's lease expires on 12/31/2026 and they are paying $720. $1595 a month in rent, great cash flowing double Tenant pays all utilities except water and sewer! No showings until the offer is accepted. House has a slate roof but it's in a good condition. Great location close to shopping areas, downtown Elyria, Schools and much more! Call today!

228 Gates | MLS# 5224523

This multi-family property located at 228 Gates, Elyria, OH 44035 is currently listed for sale with an asking price of $126,500. Gates is located within the Elyria City school district. Search Elyria real estate on www.kaszycarealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: Window Unit(s)
Heating: Forced Air, Gas
Lot Size: 0.08 Acres
Roof Type: Slate
Stories: 2.0
Taxes: $1,465 / year
Year Built: 1900

Feature Descriptions

Accessibility: None
Exterior: Vinyl Siding
Fencing: Chain Link, Partial, Wood
Laundry: In Unit
Parcel#: 06-26-019-102-010
Parking: No Garage, Paved
Sewer: Public Sewer
Water: Public

Local Schools

School District: Elyria City

Estimate Your Payment

Estimated Payment

$ 808.65 per month $649.67 Principal & Interest $122.08 Property Tax $36.90 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 07/08/2026. The listing information on this page last changed on 07/08/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 07/08/2026 12:00:05 AM EST) or Dayton MLS (last updated Tue 07/07/2026 11:46:46 PM EST) or CBRMLS (last updated Tue 07/07/2026 11:59:45 PM EST) or Multiple Listing Service of Greater Cincinnati (last updated Tue 07/07/2026 11:53:31 PM EST) or NKY MLS (last updated Tue 07/07/2026 11:29:06 PM EST) or Wrist MLS (last updated Tue 07/07/2026 11:24:18 PM EST) or Firelands MLS (last updated Tue 07/07/2026 11:11:48 PM EST) or MLS NOW (last updated Tue 07/07/2026 11:57:35 PM EST). Real estate listings held by brokerage firms other than Cutler Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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