NOT LISTED FOR SALE

1107 Middle Ave Elyria, OH 44035

3 Beds
2 Baths
1,600 Sq Ft
5,663 Sq Ft Lot

Last Sold October 30, 2023

Last sale price $100,000 $62 Per Sq Ft

14 Days on Market

About This Home

As of October 2023

**Outstanding Investment Opportunity! Fully Occupied Duplex with Strong Rental History**
This exceptional investment property presents a lucrative prospect for discerning investors. Both units are currently leased on a month to month basis. Benefit from recent upgrades that enhance the property's appeal and value. New vinyl siding was skillfully installed less than two years ago, enhancing the property's exterior aesthetics and durability. Both kitchen floors were thoughtfully replaced just two years ago, ensuring modernity and tenant satisfaction. Additionally, all windows were updated in 2001, contributing to energy efficiency and tenant comfort. This property's investment potential is further amplified by the installation of a new furnace in 2022, reducing maintenance concerns and contributing to the overall appeal for potential tenants. Seize this opportunity to add a well-performing asset to your investment portfolio. With a strong rental history and recent upgrades, this duplex is primed for consistent cash flow and long-term growth.

Last Agent to Sell the Property

Mathew Chase

Keller Williams Greater Metropolitan License #2013002819 Listed on: 09/01/2023

Keller Williams Greater Metropolitan

Co-Listed By

Jared 'Rocky' Melendez

Keller Williams Greater Metropolitan License #2017004378

Last Buyer's Agent

Marcella Musat

Russell Real Estate Services License #2016005733

Russell Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,132

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Property is Fully Fenced
  • Wood Fence
  • Unpaved Streets

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Laundry in unit
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Ely & Mussey Community

Listing and Financial Details

  • Tenant pays for electric, gas, water
  • Assessor Parcel Number 06-26-015-103-020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,132

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 62.50
  • Estimated Price per Sq Ft: 62.50
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1600
  • Year Built: 1900
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Attribution Contact: (216) 839-5500 klrw297@kw.com
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Unfinished
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1600.00
  • Sq Ft Approx Total Finished: 1600.00

Exterior Features

  • Exterior: Vinyl
  • Fences: Full, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

  • LaundryFeatures: In Unit
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Ely & Mussey

Schools

  • School District: Elyria CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1300
  • Parcel Number: 06-26-015-103-020

Rental Info

  • Tenant Pays: Electric, Gas, Water

Multi Family

  • Unit Count: 2
  • Gross Income: 1125.00
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1132

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2023 10/30/23 Sold $100,000 -9.1% $63 / Sq Ft
09/15/2023 09/15/23 Pending -- -- --
09/01/2023 09/01/23 For Sale $109,999 +44.7% $69 / Sq Ft
08/10/2022 08/10/22 Sold $76,000 -10.6% $48 / Sq Ft View Prior Sale
07/29/2022 07/29/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $85,000 -- $53 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4484107

MLS Now

APN: 06-26-015-103-020