122 Elbe St Elyria, OH 44035
Elyria AreaEstimated payment $1,500/month
About This Home
Income-generating property with established tenancy 122 Elbe St in Elyria, offered exclusively as part of a 19-unit portfolio-no individual sales. This fully occupied four-unit property delivers strong, immediate cash flow with current rents of $725, $760, $760, and $900, all on month-to-month leases, providing consistent income across the building. Expense structure varies by unit, with owner-paid water, sewer, and trash throughout, gas included for two units, and tenants responsible for remaining utilities. The property offers a functional multi-unit layout with steady rental demand, supporting long-term occupancy. Ideal for investors seeking to expand their portfolio with a stabilized asset, this property contributes reliable income as part of a larger, income-producing portfolio.
Listing Agent
Russell Real Estate Services Brokerage Email: tal@premierclevelandinvesting.com, 216-870-8687 License #2018001908 Listed on: 04/29/2026
Co-Listing Agent
Russell Real Estate Services Brokerage Email: tal@premierclevelandinvesting.com, 216-870-8687 License #2025002962
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,457
Year Built
- Built in 1900
Parking
- Driveway
Home Design
- Quadruplex
- Frame Construction
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Additional Features
- 2-Story Property
- 5,227 Sq Ft Lot
- No Cooling
- Basement
Community Details
- W L Fays Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 06-24-087-101-019
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,349 | $47,502 | $5,331 | $42,172 |
| 2023 | $1,466 | $26,257 | $2,300 | $23,958 |
| 2022 | $1,461 | $26,257 | $2,300 | $23,958 |
| 2021 | $1,465 | $26,257 | $2,300 | $23,958 |
| 2020 | $1,374 | $21,920 | $1,920 | $20,000 |
| 2019 | $1,366 | $21,920 | $1,920 | $20,000 |
| 2018 | $1,369 | $21,920 | $1,920 | $20,000 |
| 2017 | $1,302 | $19,990 | $1,740 | $18,250 |
| 2016 | $1,286 | $19,990 | $1,740 | $18,250 |
| 2015 | $1,206 | $19,990 | $1,740 | $18,250 |
| 2014 | $1,254 | $21,040 | $1,830 | $19,210 |
| 2013 | $1,244 | $21,040 | $1,830 | $19,210 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/14/2026 08/14/26 | Price Changed | $203,750 | -3.0% | -- | |
| 05/28/2026 05/28/26 | Price Changed | $210,000 | -17.0% | -- | |
| 04/29/2026 04/29/26 | For Sale | $253,000 | +565.8% | -- | |
| 08/31/2018 08/31/18 | Sold | $38,000 | -15.6% | $17 / Sq Ft | View Prior Sale |
| 08/07/2018 08/07/18 | Pending | -- | -- | -- | |
| 07/27/2018 07/27/18 | For Sale | $45,000 | 0.0% | $20 / Sq Ft | |
| 06/07/2018 06/07/18 | Pending | -- | -- | -- | |
| 04/27/2018 04/27/18 | For Sale | $45,000 | -- | $20 / Sq Ft |
Source: MLS Now
MLS Number: 5205281
APN: 06-24-087-101-019
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