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Sold for $230,000 on 05/01/25
  • $230,000

    157 Harvard Ave, Elyria, OH 44035

    5beds
    2,266sqft
    Triplex, Multi Family
    Built in 1900
    -- sqft lot
    $232,900 Zestimate®
    $102/sqft
    $1,326 Estimated rent

    What's special

    Prime Triplex Investment Opportunity in Elyria, OH – Grossing Nearly $4K/Month! Unlock the potential of this well-maintained triplex in the heart of Elyria, OH! Whether you're an investor looking for steady cash flow or a homeowner seeking rental income, this property delivers with three fully rented units generating nearly $4,000 per month. Property Breakdown: 1st Floor Unit: 2 bed, 1 bath – Long-term tenant on a month-to-month lease at $1,000/month (tenant pays electric & gas). 2nd Floor Unit: 2 bed, 1 bath – Active Airbnb rental. 3rd Floor Unit: 1 bed, 1 bath – Also an Airbnb rental. Airbnb Earnings: The 2nd and 3rd-floor units generate approximately $2,700/month combined. Key Updates & Features: New furnace installed (March 2020) Stack replacement (February 2023) First-floor water heater replaced (November 2016) Third-floor water heater manufactured in December 2011 Far-right garage door springs repaired (March 2025) 2nd and 3rd-floor units recently updated This property boasts a strong rental history, recent improvements, and a solid foundation for long-term income generation. Don't miss this opportunity to own a turnkey investment in a desirable rental market! Schedule your showing today!

    Zillow last checked: 7 hours ago

    Listing updated: May 01, 2025 at 07:19pm

    Listing Provided by:

    Mark W Gepperth Mgepperth@aol.com440-477-0166,

    Keller Williams Citywide,

    Brendan Kilbane 216-533-3175,

    Keller Williams Citywide

    Bought with:

    Shirley Ottallah, 2022005939

    Century 21 Homestar

    Source: MLS Now,MLS#: 5104764MLS LogoOriginating MLS: Akron Cleveland Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced Air, Gas
    Cooling
    • None
    Appliances
    • Laundry: Common Area
    Features
    • Basement: Common Basement,Full,Unfinished
    Interior area
    • Total structure area: 2,266
    • Total interior livable area: 2,266 sqft
    • Finished area above ground: 2,266

    Property

    Parking
    • Total spaces: 3
    • Parking features: Detached, Garage, Paved
    • Garage spaces: 3
    Features
    • Levels: Three Or More,Two
    • Stories: 2
    Lot
    • Size: 6,534 sqft
    Details
    • Parcel number: 0625005103015

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Multi Family
    Materials
    • Vinyl Siding
    • Roof: Asphalt,Fiberglass
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Elyria
    • Subdivision: Eastern Heights Land Companys 01

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $232,900

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $232,900