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229 5th St, Elyria, OH, 44035

5beds
3baths
2,207sqft
$185,000
$84price/sqft
$1,492/moest. monthly cost
$59,680/yrincome needed

About This Home

229 5th St, Elyria, OH 44035 — Mixed-Use Opportunity Awaits. Discover the untapped potential of this versatile mixed-use property located in the heart of Downtown Elyria. Zoned for mixed use, this unique offering features a former chiropractic office on the first floor and a comfortable two-bedroom, one-bathroom apartment on the second floor — ideal for the savvy investor or owner-occupant who dreams of living upstairs while running a business below.**Renovation Potential That Inspires.** The expansive first-floor office space is primed for conversion into one or multiple residential apartments, and the large attic space offers even more opportunity — the current owner has architectural drawings already prepared for completing an additional apartment upstairs. Whether you envision a thriving multi-unit rental property or a creative live-work arrangement, the possibilities here are truly exciting.**Parking That Delivers.** A generous gravel parking lot accessible from Barres Street, combined with a private driveway off 5th Street, provides multiple ingress and egress points — a rare advantage for both residential tenants and commercial visitors alike. Efficiency is built in, with separate HVAC and hot water systems

Getting Around

69
WalkingSomewhat Walkable
0
TransitVery Limited Transit
53
BikeBikeable

Schools

2/10
5/10
3/10
Elyria High SchoolGrades 9-120.2 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Block
  • Roof: Slate
  • Construction materials: Aluminum Siding,Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family

Interior

Appliances

  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 1
  • 1/2 bathrooms: 2

Features

  • Finished area above ground: 2,207

Heating & Cooling

  • Heating features: Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,207
  • Total interior livable area: 2,207 sqft

Property

Details

  • Parcel number: 0626044000008

Features

  • Levels: Two
  • Stories: 2
  • Fencing: None
  • Has view: Yes
  • View description: City,None

Lot

  • Lot size: 9,147 sqft

Parking

  • Parking features: Gravel,Parking Lot