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Walt Cerrato
REALTOR®
(330) 844-8427
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124 Cornell Avenue , Elyria, OH 44035

$99,900
  • 124 Cornell Avenue , Elyria, OH 44035 Main Photo

45 Total Photos [Click to View All]

New to the Market Active
BEDS4 BATHS1 full 1 partial SQUARE FEET2,124 MLS#5230304
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONEastern Heights Land Co Sub # SCHOOLElyria City

Property Description

Attention investors, rehabbers, & handy owner-occupants! Here's an outstanding opportunity to purchase a 4-bedroom, 1.5-bath colonial in a prime location with tremendous upside potential. Whether you're looking for your next renovation project, a long-term rental, or a home to build sweat equity, this estate sale offers exceptional value. Owned by the same family for many years, this vinyl-sided home features updated vinyl windows, a convenient garage, and a spacious 4 bedroom floor plan ready for your vision. Desirable four-bedroom layout provides strong after-repair value & excellent rental potential, making it an attractive addition to any investment portfolio. Property is being sold AS IS, the seller will make no repairs. Basement has water intrusion and will require repair. The roof appears to be newer and serviceable overall but is missing shingles in one area, as shown in the photos. Buyers are encouraged to perform their own inspections and due diligence. With solid bones, a highly desirable location, and significant upside, this property presents an excellent opportunity for cash or hard money buyers seeking their next profitable project. Owner-occupants using renovation financing or willing to invest sweat equity should also take a close look. Easy to show, vacant, and ready for a quick transfer. Opportunities with this much potential and a strong ARV don't come along often. Schedule your showing today and bring your vision!

124 Cornell Avenue | MLS# 5230304

This single family home located at 124 Cornell Avenue , Elyria, OH 44035 is currently listed for sale with an asking price of $99,900. This property was built in 1920 and has 4 bedrooms and 1 full and 1 partial baths with 2124 sq. ft. Cornell Avenue is located in the Eastern Heights Land Co Sub # subdivision within the Elyria City school district. Search Eastern Heights Land Co Sub # real estate on wcerrato.dehoff.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Full, Finished
Cooling: None
Garage: 2 car attached
Heating: Forced Air, Gas
Home Style: Colonial
Lot Size: 0.15 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $1,306 / year
Year Built: 1920

Feature Descriptions

Exterior: Vinyl Siding
Laundry: In Basement
Parcel#: 06-25-005-103-025
Parking: Attached, Garage
Patio/Porch: Porch
Sewer: Public Sewer
Water: Public

Local Schools

School District: Elyria City

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Schmidt Realty
Agency Contact: thefrederickteam@gmail.com, 216-210-7653

Shown By

Agent Name: Walt Cerrato
Agent Phone: (330) 844-8427
Agency Title: DeHOFF REALTORS

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Estimated Payment

$ 579.29 per month $441.32 Principal & Interest $108.83 Property Tax $29.14 Homeowner's Insurance

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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 07/28/2026. The listing information on this page last changed on 07/28/2026. 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 Tue 07/28/2026 9:25:25 AM EST) or MLS NOW (last updated Tue 07/28/2026 9:23:09 AM EST). Real estate listings held by brokerage firms other than DeHOFF REALTORS 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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