124 Cornell Avenue Elyria, OH 44035
Listing Courtesy of: MLS LogoYES MLS / Listed By: Christopher Frederick, Coldwell Banker Schmidt Realty; Michele Frederick, Schmidt Realty - Contact:  thefrederickteam@gmail.com, 216-210-7653

  124 Cornell Avenue Elyria, OH 44035

Active
$99,900 (USD)
4
BED
2
BATH
2,124
SQFT

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!

MLS #:
5230304
Taxes
$1,306(2025)
Lot Size
6,534 SQFT
Type
Single-Family Home
Year Built
1920
Style
Colonial
School District
Elyria Csd - 4706
County
Lorain County
Community
Eastern Heights Land Co Sub #

Listed By

Christopher Frederick, Coldwell Banker Schmidt Realty, Contact: thefrederickteam@gmail.com, 216-210-7653
Michele Frederick, Coldwell Banker Schmidt Realty
Source
YES MLS
Last checked Jul 29 2026 at 3:41 AM GMT+0000
Bathroom Details
  • Full Bathroom: 1
  • Half Bathroom: 1
Interior Features
  • Laundry: In Basement
Subdivision
  • Eastern Heights Land Co Sub #
Property Features
  • Fireplace: 0
Heating and Cooling
  • Forced Air
  • Gas
Basement Information
  • Full
  • Finished
Exterior Features
  • Roof: Asphalt
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Parking
  • Garage
  • Attached
Stories
  • 2
Living Area
  • 2,124 sqft
Additional Information: Schmidt Realty | thefrederickteam@gmail.com, 216-210-7653
Location
   
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Disclaimer: Copyright 2026 YES MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 7/28/26 20:41