$170,000

1120 East Ave Elyria, OH 44035

Estimated payment $1,087/month

Total Views 549
4 Beds
3 Baths
4,020 Sq Ft
$42 Price per Sq Ft

About This Home

Excellent turnkey investment opportunity! This fully leased triplex offers strong, consistent rental income with all three units occupied through next year. The bottom unit includes exclusive access to on-site laundry, providing added convenience for the tenant. The middle unit has been recently upgraded with brand-new flooring, new kitchen cabinets, and a new refrigerator. The top unit also features new flooring, along with a newer refrigerator and a recently installed water heater. With solid updates, low maintenance, and reliable tenants already in place, this property is perfect for investors looking for immediate cash flow. Contact us for rental details, expenses, and to schedule a showing.

Listing Agent

Tim Cline

Platinum Real Estate Brokerage Email: tim@callteamcline.com, 440-749-5182 License #2022005754 Listed on: 07/17/2025

Platinum Real Estate

Co-Listing Agent

Timothy Gufreda

Platinum Real Estate Brokerage Email: tim@callteamcline.com, 440-749-5182 License #2015000333

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,741

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • River Front

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • No Garage
  • Unpaved Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Black River Subdivision

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 06-26-013-000-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,741

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Triplex
  • Year Built: 1900
  • Attribution Contact: tim@callteamcline.com, 440-749-5182
  • Road Frontage Type: River
  • Co List Office Mls Id: 9086
  • Co List Office Phone: 888-974-7253
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Black River
  • Above Grade Finished Sq Ft: 2680.0
  • Reso Accessibility Features: None
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More, Two
  • Tax Year: 2024
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1340.0
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.13
  • Pool Private: No
  • Waterfront Features: River Front
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, Unpaved

Utilities

  • LaundryFeatures: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Elyria CSD - 4706

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 06-26-013-000-010

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Gas

Tax Info

  • Tax Annual Amount: 1741.0

Map

Range of Values:

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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 Change Sq Ft Price
07/17/2025 07/17/25 For Sale $170,000 +54.5% $42 / Sq Ft
09/07/2022 09/07/22 Sold $110,000 +4.8% $27 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $105,000 0.0% $26 / Sq Ft
07/03/2022 07/03/22 Pending -- -- --
06/29/2022 06/29/22 For Sale $105,000 +740.0% $26 / Sq Ft
07/07/2015 07/07/15 Sold $12,500 -42.9% $5 / Sq Ft
06/25/2015 06/25/15 Pending -- -- --
02/10/2015 02/10/15 For Sale $21,900 -- $8 / Sq Ft
Source: MLS Now

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Source: MLS Now

MLS Number: 5140687

MLS Now

APN: 06-26-013-000-010