For Sale
Single family home for sale at 508 Furnace St, Elyria, OH 44035 | MLS# 5205304 | Listing updated on 2026-06-12
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Street View

$118,000

Monthly Est:$587

  • Beds Icon2 Beds
  • Beds Icon
    1 Bath
  • Beds Icon--sqft

508 Furnace St, Elyria, OH 44035

$587/moEst:

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  • Single Family Residence

  • Built in 1950

  • $-- HOA

  • 0.11 acre lot

  • --/sqft

Description

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.

  • Houzeo last checked: 6 hours ago
  • Listing updated: June 12, 2026 at 6:36 pm
  • Listing Provided by: Tal Tamir (216) 870-8687 DRE #2018001908, Benjamin Peleg (303) 709-1063 DRE #2025002962 | Russell Real Estate Services (440) 201-9850
  • Source: MLS Now-OH | MLS#: 5205304 MLS Now-OH

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    1

  • County

    Lorain County

  • City

    Elyria

  • Neighborhood

    --

  • Year Built

    1950

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    0.11 acre lot

  • Basement Area

    - sqft

  • MLS Name

    MLS Now

  • MLS Number

    5205304

  • MLS Status

    Active

  • Days on Market

    163

  • Cumulative Days on Market

    40

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 2

    Bathroom: 1

Interior

  • Heating

    Other

  • Cooling

    None

  • Sewer

    Other

Construction

  • Year Built

    Year Built: 1950

  • Home type

    Single Family Residence

  • Architectural Style

    Ranch

  • Roof

    Other

  • Construction Materials

    Frame, Other

Utilities & Energy

  • Water Source

    Other

  • Parking Features

    Detached, Garage

Other Features

  • Subdivision Name

    Mendelson

Price History

DateEventPrice

06/12/2026

Source: mls_logoMLS Now-OH #5205304

Listed for Sale

$118,000 +12.38%

$0/sqft

06/08/2026

Source: mls_logoMLS Now-OH #5205304

Pending

$105,000

$0/sqft

04/29/2026

Source: mls_logoMLS Now-OH #5205304

Listed for Sale

$105,000 +180.00%

$0/sqft

11/10/2021

Source: mls_logoMLS Now-OH #4327192

Price Decreased

$37,500 -6.25%

$0/sqft

10/21/2021

Source: mls_logoMLS Now-OH #4327192

Sold

$40,000

$0/sqft

Nearby Homes

Based on information from the Board/Association of REALTORS® (alternatively, from the Service) through Oct 09, 2026, 02:30PM. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings held by brokerage firms other than Houzeo are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed.
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