# 228 Gates, Elyria, OH 44035

> **TL;DR:** 4bd/2ba residential multi family, $126,500 ($85/sqft), built 1900, 1,491 sqft.
> A/C. Est. $677/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $126,500 |
| Price/sqft | $85 |
| Bedrooms | 4 |
| Bathrooms | 2 full |
| Square Feet | 1,491 |
| Year Built | 1900 |
| Lot Size | 3,485 sqft (0.08 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $640 |
| Estimated Insurance | $37 |
| **Total** | **$677** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1900
- 0.08 acre lot
- 2 stories

## Description

### Agent 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!

## Location

- **Address:** 228 Gates, Elyria, OH 44035
- **County:** Lorain
- **Neighborhood:** Gates
- **Coordinates:** 41.357458, -82.105456
- **Google Maps:** https://www.google.com/maps?q=41.357458,-82.105456

## Virtual Tour & Media

- **Video Tour:** https://www.propertypanorama.com/228-Gates-Elyria-OH-44035--5224523/unbranded

## Listing Agent

- **Name:** George Vujadinovic
- **Brokerage:** EXP Realty, LLC.
- **Phone:** 4405029128

## Primary Photo

![228 Gates - Primary Photo](http://lh.rdcpix.com/a7a84469437ea67df89ab8ea7c6bebb4l-f2772055415r.jpg)

*34 total photos available on [listing page](https://www.propertysimple.ai/listing/228-gates-elyria-oh-44035-5224523)*

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**MLS#:** 5224523 | **Updated:** 2026-08-02
**Source:** listhub

*Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/228-gates-elyria-oh-44035-5224523)

---

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