V/l East Avenue Elyria, OH — $65,000

V/L EAST Avenue | Elyria

Prime 1.99-acre riverfront parcel in Elyria, zoned R-TH and permitting a duplex by right. This rare in-city offering provides a large, flexible building envelope near the road with city utilities available nearby (buyer to verify). The front portion of the property offers practical, accessible development area, while the rear acreage features mature trees and a natural slope toward the river\u2014an ideal setting for walk-out lower levels, elevated decks, and private outdoor living spaces. With approximately 230 feet of scenic river frontage, the site delivers a unique combination of privacy, natural beauty, and development potential. R-TH zoning allows two-household residential construction without the need for rezoning or variances, streamlining the path to permitting and build-out. The surrounding area shows strong demand for new, high-quality rental and owner-occupied duplex units, making this an excellent opportunity for build and hold investors, builders seeking a marketable new construction product, or buyers looking to create a multi-generational living arrangement. Conveniently located near major roadways, schools, and city services, this nearly 2 acre parcel offers both accessibility and long term value. A standout development opportunity combining acreage, utilities, and river frontage within Elyria city limits. Buyer to perform all due diligence regarding utilities, setbacks, and building requirements. MLSNow 5193131 Directions to property: From Downtown Elyria: Head east on Broad St toward East Ave. Turn right onto East Ave and continue south for about 0.7 miles. Pass Gates Ave on your right. The lot is on the left (east) side of East Ave, directly across from Gates Ave. Look for the tree line and river corridor-parcel sits between East Ave and the Black River.