508 Furnace Street
Elyria, OH, 44035
Price$118,000
Beds2
Baths1
SqFtn/a
Baths1
SqFtn/a
Status:Active
Property Type:Residential
School:Elyria CSD – 4706
Property Type:Residential
School:Elyria CSD – 4706
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.
Multiple properties must be purchased. Singular properties will not be considered. Reach out to co-listing agent for details.
Multiple properties must be purchased. Singular properties will not be considered. Reach out to co-listing agent for details.
| Price | $118,000 | |
| Bedrooms | 2 | |
| Full Baths | 1 | |
| Half Baths | 0 | |
| Total Baths | 1 | |
| Property Style | Ranch | |
| Lot Size Area | 0.11 | |
| Lot Size Area Units | Acres | |
| Acres | 0.11 | |
| Property Type | Residential | |
| Sub type | Single Family Residence | |
| MLS Sub type | Single Family Residence | |
| Stories | 1 | |
| Year Built | 1950 | |
| Fireplaces | 0 | |
| Subdivision | Mendelson | |
| Roof | Other | |
| Heating | Other | |
| Parking Description | Detached, Garage | |
| Garage spaces | 1 | |
| Directions | Lorain County | |
| County | Lorain | |
| Latitude | 41.378825 | |
| Longitude | -82.111847 | |
| Address | 508 Furnace Street, Elyria, OH 44035 | |
| Postal Code | 44035 | |
| City | Elyria | |
| State | OH | |
| Country | United States | |
| Listing Office | Russell Real Estate Services | |
| Listing Office Phone | 440-201-9850 | |
| Listing Office Email | [email protected] | |
| Listing Agent | Tal Tamir | |
| Listing Agent Phone | 216-870-8687 | |
| Attribution Contact | [email protected], 216-870-8687 | |
| Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
| Special listing conditions | Standard | |
| District | Elyria CSD – 4706 | |
| Days on market | 46 | |
| MLS Status | Active | |
| Listing Last Modified | Jun 18, 2026 | |
| Tax ID | 06-24-052-104-009 | |
| Tax Year | 2025 | |
| Tax Annual Amount | 1011 | |
| MLS # | 5205304 | |
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