V/L EAST AvenueElyria, OH 44035

V/L EAST AvenueElyria, OH 44035

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$65,000 Active
Land - Residential MLS 5193131 New to the Market

Listed By

Agency Name: Century 21 Homestar
Agency Contact: sriley439@gmail.com, 216-701-3064

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Prime 1.99-acre riverfront parcel in Elyria, zoned R-TH and permitting a duplex by right. This rare in-city offering provides a large, flexible building envelope near the road with city utilities available nearby (buyer to verify). The front portion of the property offers practical, accessible development area, while the rear acreage features mature trees and a natural slope toward the river?an ideal setting for walk-out lower levels, elevated decks, and private outdoor living spaces. With approximately 230 feet of scenic river frontage, the site delivers a unique combination of privacy, natural beauty, and development potential. R-TH zoning allows two-household residential construction without the need for rezoning or variances, streamlining the path to permitting and build-out. The surrounding area shows strong demand for new, high-quality rental and owner-occupied duplex units, making this an excellent opportunity for build and hold investors, builders seeking a marketable new construction product, or buyers looking to create a multi-generational living arrangement. Conveniently located near major roadways, schools, and city services, this nearly 2 acre parcel offers both accessibility and long term value. A standout development opportunity combining acreage, utilities, and river frontage within Elyria city limits. Buyer to perform all due diligence regarding utilities, setbacks, and building requirements.

V/L EAST Avenue | MLS# 5193131

This land located at V/L EAST Avenue, Elyria, OH 44035 is currently listed for sale with an asking price of $65,000. The property has approximately 1.99 Acres. V/L EAST Avenue is located within the Elyria City school district. Search Elyria real estate on 762hunterstrail.cutlerhomes.com today.

Property Features

Property Type: Land - Residential
Lot Size: 1.99 Acres
Taxes: $387 / year

Feature Descriptions

Community Features: Fishing
Lot: Cleared, City Lot, Gentle Sloping, Irregular Lot, Rolling Slope, Sloped, Views, Waterfront, Wooded
Parcel#: 06-26-020-000-012
Parking: Gravel
Sewer: Public Sewer
Topography: Sloping
Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
View: River
Water: Public
Water Features: River Front, Waterfront

Local Schools

School District: Elyria City

Demographics

Lorain County Demographic Information for V/L EAST Avenue, Elyria, OH 44035
Fips
Fips Code 39093
Population
2020 to 2023 Change up 1.6%
2010 Count 301,356
2020 Count 312,964
2023 Estimate (V2023) 317,910
2020 Estimate (V2023) 312,956
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 21.4%
18 to 64 53.4%
65 and Older 19.9%
Gender
Male 49.6%
Female 50.4%
Place of Birth
Foreign 2.8%
US 97.2%
Education
High School Graduate, Age 25+ 91.2%
Bachelor's Degree or Higher, Age 25+ 27.2%
Computer and Internet use
Households with a computer 93.8%
Households with a broadband Internet subscription 84.5%
Language
English is Second Language, Age 5+ 7.0%
English is First Language, Age 5+ 93.0%
Veterans
Veterans 17,970
Income
Per Capita Income $37,171
Median Household Income $67,272
People in Poverty 12.8%
Commute
Average Work Commute Time 26 minutes
Housing
Total Housing Units 136,666
Households 124,510
Average Household Size 2.45
Owner-Occupied 72.9%
Multi-Family 17.0%
Owner-Occupied Median Value $191,900
Median selected monthly owner costs -with a mortgage $1,474
Median selected monthly owner costs -without a mortgage $591
Median gross rent $886
Building Permits
New Private Housing Issued 2023 987
Years at Residence
1 Year or More 90.0%
Less Than 1 Year 10.0%
Business and Employment
Private non-farm Establishments 5,574
Private non-farm Employment 83,286
Private non-farm Employment Growth 0.0%
Nonemployer Establishments 21,027
Number of Firms 20,914
Business Production
Value of Shipments $6,058,884,000
Wholesale Trade $2,315,415,000
Retail Trade $3,875,576,000
Retail Sales Per Capita $12,297
Accommodation and Food Services $444,363,000
Land
Land Area 491.10 sq. miles
Population Per Square Mile 614

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 368.34 per month $317.14 Principal & Interest $32.25 Property Tax $18.96 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage